Free trade zone exports up in first quarter 2023

Daniel Liranzo / CNZFE

The National Council of Export Zones (CNZFE) announced that export values increased US$47 million in the first quarter, or 2.5% compared to 2022. Export values went from US$1,851.6 million in for January-March 2022 to US$1,898.6 million in 2023. The CNZFE did not report on the variations in volume of exports.

Liranzo described the increase as demonstrating that the free zone sector continues to consolidate the growth of its main variables. He said free zone exports represent 63.2% of the total exports of the Dominican Republic.

March 2023 exports were up 5.5% compared to export values in March 2022. March exports were US$768.2 million, compared to US$728.0 in 2022.

Liranzo detailed the increases in export values for the first quarter of 2023 by items exported. These were: agro-industrial products, 23.8%; plastic articles, 21.0%; metal articles, 19.7%; electrical products, 9.7%; medical devices, 9.0%.

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CNZFE

20 April 2023

Dolores Vicioso