Santo Domingo, San Cristóbal and Sánchez Ramírez top the list of the provinces with the highest exports from the Dominican Republic.
Santo Domingo is the leader, with an accumulated amount in the last five years of US$10,265.6 million, an average annual value of US$2,053.1 million, a participation of 21% and an average growth of 9.5%.
In second place is San Cristóbal, with US$19.1 million and an average growth of 10.7% from 2017 to 2021, followed by Sánchez Ramírez, with a 14.3% share. Santiago has 12% and the National District 7.6%.
The four provinces and the National District represent 74.3% of the total exported in 2021. In that year, Dominican exports exceeded the barrier of US$12.4 billion.
The data is contained in a study presented this Wednesday by the Export and Investment Center of the Dominican Republic (ProDominicana) and the Dominican Federation of Chambers of Commerce and Production (Fedocamaras), entitled “Provincial Productive Profiles for the Promotion of Exports and the Attraction of Investments for Economic and Social Development”.
It is a tool that allows connecting businesses and creating investment opportunities, since it identifies the commercial and production dynamics of each province.
In 2021 -if we start from the figures offered- the productive sectors that achieved a higher performance were: Fine or cultured pearls, precious and semi-precious stones RD$2,554.6 million; tobacco and tobacco substitute RD$2,554.6 million, machinery and equipment and electrical equipment RD$1,190.5 million, optics, photography or cinematography instruments and devices RD$1,187.7 million, and foundry, iron and steel RD$641.6 million.
The information offered indicates that the destinations to which the provinces exported the most were the United States, which is positioned as the main destination and a 50% share of the total exported.
It is followed by Switzerland, with a participation of 8.2%. Haiti is the third most important destination for Dominican exports, with a share of the total of 8.1%. This is followed by India, with a 6.4% share, and Puerto Rico, with 5.1%, among others.
“The Provincial Productive Profiles will be available on the ProDominicana portal, as well as in an interactive digital tool that will serve as a source of basic information to formulate public policies for the economic development of the provinces. This instrument for provincial internationalization will be constantly updated to respond to the dynamics of global business,” ProDominicana said.
