{"id":10120,"date":"2024-01-30T12:11:11","date_gmt":"2024-01-30T12:11:11","guid":{"rendered":"https:\/\/dmklawyers.com\/?p=10120"},"modified":"2024-01-30T12:14:27","modified_gmt":"2024-01-30T12:14:27","slug":"dominican-exports-grow-23-5-between-2020-and-2023-according-to-prodominicana","status":"publish","type":"post","link":"https:\/\/dmklawyers.com\/en\/dominican-exports-grow-23-5-between-2020-and-2023-according-to-prodominicana\/","title":{"rendered":"Dominican exports grow 23.5% between 2020 and 2023, according to ProDominicana"},"content":{"rendered":"\n

The executive director of the Export and Investment Center of the Dominican Republic (ProDominicana) reported that the country\u2019s total exports for the 2022-2023 period added up to US$ 45,804.3 million, equal to a 25% growth compared to a similar pre-pandemic three-year period, 2016-2019.<\/p>\n\n\n\n

In a press release, ProDominicana indicated that this performance is due to the fact that in 2021 and 2022 significant export values were reached, with growth rates of 18% and 6% respectively, plus the fact that 2023 is the second-best export year in terms of value.<\/p>\n\n\n\n

These results were presented at the ‘II Meeting of Leaders to Follow-up on the National Export Promotion Plan (PNFE) 2020-2030”, together with representatives of more than 45 public and private institutions in the sector.<\/p>\n\n\n\n

The report also indicates that currently, of the 278 measures contained in the PNFE to be fulfilled in the 2020-2030 period, 25.6% have already been completed and 48.4% are currently underway, so 75% of the measures contained in this plan have had an effect in the period from November to December 2023.<\/p>\n\n\n\n

As a result, they see the acceleration of export activity reflected in quantity, quality, diversification, consistency, and a culture of internationalization.<\/p>\n\n\n\n

At the event, where the private sector shared the points of greatest need in each of the five pillars of the Plan more than 40 public policy actions were prioritized for the current year, 2024.<\/p>\n\n\n\n

The following stand out among the main achievements:<\/p>\n\n\n\n