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Home World Business

Dominican Republic exports decline 16.3% in 2014

byCustoms Today Report
21/08/2015
in World Business
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SANTO DOMING: In contrast with the recent figures supplied by the Central Bank of the Dominican Republic, the Economic Commission for Latin America and the Caribbean (ECLAC) reports that during this year’s first quarter exports from the Dominican Republic have declined by 16.3% compared to the same period in 2014.

The regional body adds that this decrease was accompanied by a 21.6% growth in imports during the period in question.

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According to ECLAC, in monetary terms the country exported 1.9 billion dollars worth of goods between January and March 2015, while imports reached US$4.017 billion, a deficit of US$2.025 billion.

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