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December 24, 2021
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Exports of goods to the Caribbean grew 25%

El Caribe

Exports of goods from the DR to the Caribbean grew 25%

Santo Domingo.- The exports Total goods from the Dominican Republic to the Caribbean showed an interannual growth of 25% in the period January-November 2021.

According to figures offered by Biviana Riveiro, executive director of the Center for Exportation and Investment of the Dominican Republic (ProDominicana), the destinations that acquired the highest volume of Dominican products during the mentioned period were: Haiti with 51%, Puerto Rico 32% and Trinidad and Tobago 2%.

The exported value of US $ 1,703.1 million to this group of countries is positioned as the highest value exported in the first eleven months of the year during the last decade.

“The growth reflected in that period is a sign of the diversification of our companies and producers. It is also a sign that we are recovering our advantageous position in global markets, ”said Riveiro.

The main products exported by the Dominican Republic to the Caribbean are: Cotton fabrics representing 8%, Medical Instruments and Devices 7%, followed by T-shirts and T-shirts representing 6%, Portland Cement 4%, among other products. The 15 main items represent 46% of the total exported.

Riveiro expressed that the increase in commercial exchange is thanks to the geographical location of this country, which has led it to develop a process of commercial opening for the international exchange of goods and services.

“It is an extraordinary opportunity for profitable and successful businesses, including a solid judicial system, as well as political, social and economic stability, it is the ideal place to build companies,” said the official through a press document.

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