{"id":8733,"date":"2022-11-29T21:05:12","date_gmt":"2022-11-29T21:05:12","guid":{"rendered":"https:\/\/dmklawyers.com\/?p=8733"},"modified":"2022-11-30T20:57:06","modified_gmt":"2022-11-30T20:57:06","slug":"free-zone-exports-grow-more-than-10","status":"publish","type":"post","link":"https:\/\/dmklawyers.com\/en\/free-zone-exports-grow-more-than-10\/","title":{"rendered":"Free zone exports grow more than 10%"},"content":{"rendered":"\n<p>The Dominican Association of Free Zones (Adozona) reported that the accumulated export value was US $ 6,529.24 million during the first 10 months of 2022.<\/p>\n\n\n\n<p>This is the highest month in the history of free zones for a January-October period. According to data provided by the General Directorate of Customs, accumulated exports from free zones up to October 2022 show double-digit growth (+10%).<\/p>\n\n\n\n<p>They went from US$5,937.95 million (2021) to US$6,529.24 million (2022), equivalent to a very strong additional value of US$591.29 million.<\/p>\n\n\n\n<p>The report highlights that the performance of three key items account for this growth. One of them is medical devices, which grow +20.6% until October from US$970.24 million (2021) to US$1,169.70 million (2022), equivalent to a contribution of an additional US$199.47 million in this 10-month period.<\/p>\n\n\n\n<p>Then there is the textile industry, which grew +15.7%, going from US$709.11 million (2021) to US$820.38 million (2022), equivalent to a contribution of an additional US$111.28 million, and plastics exports that grow +45.8%, going from US$200.96 million (2021) to US$292.92 million (2022), equivalent to a contribution of an additional US$91.97 million.<\/p>\n\n\n\n<p>The president of the Adozona, Luis Jos\u00e9 Bonilla, said that between January and October 2019, the export value of free zones was US$ 5,045.7 million, which represents an increase of 29.4% compared to this 2022, and a growth of 36.5% compared to 2020.<\/p>\n\n\n\n<p>&#8220;We continue to exceed expectations and figures, without a doubt it is the result of a great effort by the entire sector, to propel and boost the Dominican economy,&#8221; said Bonilla. 187 new free zone companies have been approved for operation over the last two years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dominican Association of Free Zones (Adozona) reported that the accumulated export value was US $ 6,529.24 million during the first 10 months of 2022. This is the highest month in the history of free zones for a January-October period&#8230;.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[149],"tags":[],"class_list":["post-8733","post","type-post","status-publish","format-standard","hentry","category-investment-in-dr"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Free zone exports grow more than 10% - 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