Prodominicana presents study on fashion industry in Dominican Republic

Prodominicana presented this Tuesday the study: “Situation of the Fashion Industry in the Dominican Republic”, aimed at boosting the internationalization of fashion companies in the country, through a trade promotion plan to stimulate exports.

At the press conference, the director of Prodominicana, Biviana Riveiro, pointed out that 77% of the fashion companies in the country are run by women, in addition, Riveiro announced the launching of the Fashion Sector Directory in the institution, with the purpose of offering information on exporters and potential exporters in the sector.

“This event represents for ProDominicana a novel activity and an initial phase of a long process of getting to know the internal and current uniqueness of the fashion industry,” explained Riveiro.

According to ProDominicana data, in the last five years the country has exported US$5,020.4 million of textile garments, US$2,279.5 million of jewelry articles and US$1,596.9 million of manufactured shoes, for a total of US$8,896.8 million. These items represent 12.8% of total exports in 2020, for a total of US$1,320.8 million. Among the main export destinations are: The United States, our main trading partner, ranks first with 43%, Barbados with 23%, Panama with 17%, France 4% and Spain 3%.

The event was also attended by the Vice President of the Republic, Raquel Peña, who said that a roadmap could be drawn up to promote the development of the sectors involved in the value chain.

author avatar
Dominican Republic Live Author

Leave a Reply

Your email address will not be published. Required fields are marked *

16 + 13 =

Verified by MonsterInsights