The executive director of the Export and Investment Center of the Dominican Republic (ProDominicana), Biviana Riveiro Disla, announced that “exports They are at their best; setting historical records, accessing innovative markets and increasing the added value of the Dominican exportable offer.
During the month of September 2024, exports of the Dominican Republic reached 1,106.2 million dollars, which represents a growth year-on-year of 15.5%. This translates into an absolute increase of 148.8 million dollars compared to the same month of the previous year.
Among the largest products growth, raw gold stood out with the largest absolute increase of USD$72.3 million, followed by cocoa beans and electrodiagnostic devices, with increases of 20.6 million dollars and 8.8 million dollars, respectively.
He United States market remains the main destination of exportaccumulating 548.2 million dollars in September 2024, which represents 49.6% of the total exported. Other notable markets include India, with $114.9 million.
“Exports under the national regime they grew by 5.5% during the first nine months of 2024, highlighting products such as cocoa beans, cigars and cane sugar,” he said.
On the other hand, he said that sales from free zones showed a growth year-on-year of 7.7%, driven mainly by medical instruments, electrodiagnostic devices, plastic items, among others.
- In accumulated terms, the January-September 2024 period presented exported values for 9,706.7 million dollars, equivalent to a growth of 7.0% compared to the same months of 2023. This value represents a growth 30.4% in relation to the similar pre-pandemic period in 2019.
These positive indicators are the result of the coordinated work between public sectors and private in the implementation of the National Export Promotion Plan 2020-2030, which has allowed the country to record six consecutive months of records in exports.
Promotion in international markets
ProDominicana continues to actively promote exportss through various channels, consolidating the positioning of Dominican products in international markets.
ProDominicana highlighted that the institution continues to strengthen its market intelligence services through ProIntelligencewith the aim of taking advantage of new opportunities and mitigating risks in the current international context. This system includes constant monitoring that identifies alerts and opportunities, and is available on the entity’s website.
