- Exports under the free zone regime reached US$7.974 billion between January and November 2024
During 2024, the National Free Zones Council, led by the Ministry of Industry, Commerce, and MSMEs (MICM), approved the establishment of 74 new companies, representing a total investment of RD$11,572,496,139.23 and the projection of approximately 7,000 new jobs.
Growth in Free Zone Exports
Exports under the free zone regime reached US$7.974 billion between January and November 2024, reflecting a 7.12% growth compared to the same period in 2023.
The composition of these exports is divided into consumer goods (51.88%), capital goods (33.00%), and raw materials (15.12%).
The most exported products fall under the following tariff chapters:
- Optical and photographic instruments and apparatus (22.15%)
- Tobacco and substitutes (15.32%)
- Electrical machinery and apparatus (13.56%)
- Pearls, precious stones, and similar items (9.02%)
- Garments (7.29%)
- Pharmaceutical products (5.98%)
- Plastics and plastic articles (4.71%)
The United States remains the leading export destination, accounting for 72.88% of total exports, followed by Puerto Rico (4.78%) and Haiti (3.54%).
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