Free zone exports up 5% in Jan-Sept 2015

Free zone manufacturing companies are reporting a 5% increase from January to September of this year compared to 2014. Exports for the period totaled US$4.11 billion, compared to US$3.92 billion in 2014.

National Council of Free Zones executive director Luisa Fernandez Duran says that the growth was due to increases in exports of cacao beans (20.9%), tobacco (19.7%), medical devices (6.9%), footwear (5.9%) and clothing (3.3%).

She highlighted that Dominican free zone exports are up at a time when exports are down 2% globally. She said the reason for the increase was the diverse nature of Dominican manufacturing.

[December 2015]