Dominican exports grew during the month of April

The executive director of the Export and Investment Center of the Dominican Republic (ProDominicana), Biviana Riveiro Disla, highlighted that exports of goods exhibit an inter-annual growth of 85% with respect to 2020.

“While it is true, that when compared to 2020 this value is biased by the significant reduction due to COVID-19, it is no less true that when we compare this behavior with the same month of 2019 this relative variation is positioned at a significant growth of 35%,” the official indicated.

The statement issued by ProDominicana indicates that the United States was the destination that obtained the largest share of Dominican products exported with an increase of +US$ 254.7 million additional, equivalent to a year-on-year growth of +103%. Also standing out were India with an increase of +US$139.9 million, Haiti with an increase of +US$50.3 million, among 97 other markets that experienced positive growth during April.

“The products that reflected a significant increase were “Cigar” Cigars by 321 % in the month of April 2021, which is equivalent to an increase of US$64.9 million.

In terms of relevance, followed by exports of raw gold with an increase of US$87.3 million, and in turn, by sales of jewelry items US$39.3 million” indicated Riveiro.

The industrial and special free zones sector experienced a 110 % growth, thanks to the government’s efforts to promote and dynamize this sector, as well as the productive linkage with the national sector. Another important growth was in exports of products of the national regime by 65 %.

“The positive growth of 23% during the first four months of the year 2021, is the result of a relative variation of 31% in the free trade zone sector, and in turn, an increase of 14% in exports of the national regime,” said the Executive Director of ProDominicana.

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