Haiti, the main destination for industrial exports

Haiti, the main destination for industrial exports

Between January and July 2022, the exports Accumulated national industrial assets amount to 1,134.9 million dollars, for an accumulated year-on-year growth of 25.2% when compared to the same period in 2021.

According to the fifth edition of the “Monitoring report on the situation of the manufacture local”, recently published by the Ministry of Industry, Commerce and Mipymes (MICM), of the exports national industrial accumulated, 32% was destined Haitito occupy the first place among the countries that reach Dominican industrial products.

The United States ranks second, with 231.1 million dollars, for a share of 20.4% and a year-on-year variation of 5.4%.

In addition, there is Puerto Rico, with a participation of 13.4%; Jamaica (3.8%); Canada (3.2%); Netherlands (2.1%); Panama (2.0%); Costa Rica (1.8%); Guyanese (1.6%); and Trinidad and Tobago (1.4%), among others.

collections

The MICM document explains that the accumulated internal collections, according to the main manufacturing subsectors, between January-July 2022 amount to 92,769 million pesos, with the beverage production subsector being the one that contributes the most. In 2021, the contribution was 29,900 million pesos and in 2022 it went to 30,623 million pesos, for a cumulative year-on-year growth of 2.4%.

In that same period, the oil refining products subsector registered an accumulated interannual growth of 7.1% in collections, after going from 25,699 million pesos to 27,535 million pesos, marking an absolute variation of 1,836 million pesos.

Also, internal collections in the manufacturing subsector “basic iron and steel industries” grew by 74%, going from 2,110 million pesos to 3,672 million pesos, for an absolute variation of 1,562 million pesos.

Collections between January and July in the cement, lime and plaster manufacturing subsector amounted to 4,917 million pesos during 2021, growing by 14.0% accumulated year-on-year, standing at 5,606 million pesos on the same date, but from 2022. Followed by the manufacturing of pharmaceutical products and plastic manufacturing subsectors, among others.

About the jobs

The fifth edition of the “Monitoring report on the situation of the manufacture local”, of the MICM, indicates that as of July 2022 there were 137,494 formal jobs in the sector, for a year-on-year variation of 0.40%.

The recovery of jobs compared to March 2020, the year in which the COVID-19 pandemic began, is 95.6%. The average number of employees between January-July 2022 amounts to 137,755 collaborators of the manufacture local.

The official document indicates that, in addition, among the main subsectors with recovery greater than 100% are: manufacture of soaps and detergents (117%), manufacture of pharmaceutical products (112%), manufacture of plastic (109%), manufacture of substances chemical (104%), and production of oils and fats of vegetable and animal origin (107%), among others.

Among those that have not yet recovered 100% are: meat preservation, production and processing (98% recovered); other manufacturing industries, sugar processing and beverage manufacturing (by 91%), and furniture and mattress manufacturing (by 85%), among other subsectors.

Sales

Sales of the main subsectors of manufacture local, accumulated January-June 2022, are placed at 525,059 million pesos, for an accumulated year-on-year growth of 24.1%. Within this universe, the oil refining products manufacturing subsector registers higher sales between January and July 2022, amounting to 79,913 million pesos, with an accumulated growth of 67.0%. Until July 2021, sales reached 47,852 million pesos.

The “other manufacturing industries” subsector registered sales of 75,884 million pesos, an accumulated growth of 20.8%. In the previous period, sales stood at 62.8 billion pesos.

In addition, the production of beverages registered sales of around 57,494 million pesos between January and July 2021. In the same period of 2022, it was placed at 61,371 million pesos, for an accumulated growth of 6.7%. The basic industries of iron and steel subsector was the one that recorded the highest accumulated growth in the first seven months of the year. It reached sales amounting to 38,387 million pesos, for a growth of 34.5%. Between January and July 2021 they stood at 28,542 million pesos.

Graduated in social communication at the O&M University. He completed a Master’s degree in International Trade at the CEUPE European Postgraduate Center, has several diplomas in economics, customs, the electricity sector, taxes and investigative journalism.

Source link

Previous Story

They set fire to another pavilion in Las Rosas prison: the second in one day

Next Story

Confrontation between militants outside a debate organized by the JNE ends with injuries (VIDEO)

Latest from Dominican Republic