The Dominican Association of Exporters (Adoexpo)celebrating yesterday the 50th anniversary of its foundation, highlighted the potential of the sector citing that the export volume, in this last quarter of the year, totaled US$4,128.74 milliona growth of 9.87% compared to January-April 2021 and 31.69% compared to 2019, year.
About him major export regimeAdoexpo pointed to the free zones with an amount of US$2,513.10 milliona growth of 2.66% year-on-year and 33.49% compared to 2019, while, due to the National regime US$1,504.37 million were exported, growing 5.86% compared to January-April 2021 and 32.53% compared to 2019.
The president of Adoexpo, Elizabeth Mena, highlighted that this entity reached its half century leading the promotion of this productive line, improving conditions for the sector, promoting changes in public policies and playing a leading role in the generation of foreign exchange and employment. formal.
He stated that gold is the main item exported, with US$470.74 millionfor the first quarter of the year, representing 11.40% of total exports.
Second, they highlight the medical instruments and apparatus with an export value of US$465.46 million, representing 11.27% of exports for this period, growing 37.12% year-on-year and 101.91% compared to 2019.Third, there are the cigars with US$320.55 million which represent 7.76% of the total exported.
Destinations
Mena expressed that the “top 10” of destination countries of Dominican exports comprise 86.55% of total exports in the first quarter of 2022, made up of USA, which remains our largest trading partner, accounting for 51% of total exports; followed by Haiti (9.60%), Swiss (8.50%), Puerto Rico (5.38%), Netherlands (3.22%), China (2.99%), India (2.88%), Germany (1.08%), Italy (0.95%) and Spain (0.88%).
