Commerce: DR-Cafta purchases 1,481.54 million dollars

Through the Free Trade Agreement between the United States, Central America and the Dominican Republic (DR-Cafta), US$1,481.54 million were imported from January to July of this year.

This is the agreement with the highest participation in the country’s purchases during this period.

According to the Commerce Magazine of the General Customs Directorate (DGA), in the first seven months of 2023, 16.08% of the imports registered under the regime of clearance for consumption were made through trade agreements, highlighting the DR-Cafta with a share of 68.22%, followed by the EPA with 25.88% and the rest represented 5.90%.

Organic banana exports from the DR

In DR-Cafta, the country with the highest share is the United States, with 57.58% of the total imported through trade agreements, for the EPA it is Spain and Germany with 10.35% and 3.08% respectively.

For CAFTA-Central America it is Guatemala with 2.29% and for CAFTA-CARICOM, the United Kingdom with 2.80%.

During the months of January – July 2023, imports entering the DR under the trade agreements amounted to US$2,253.27 million, showing a growth of 10.49% compared to the same period 2022. The most imported item within the DR-Cafta was passenger cars and other motor vehicles.

Source: Hoy.com

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