Beauty products export boom

[NewsWhore]

The DR has made a name for itself in beauty salons in places with Dominican immigrant communities. Now the local products used in the salons are finding acceptance in export markets, too. The DR Center for Export and Investment (CEI-RD) reported that in 2007, US$8.7 million worth of beauty products was exported. From Jan-May of this year, exports totaled more than US$3 million and record exports are expected this year. The US purchased US$1.3 million, Puerto Rico US$661,000 and Haiti US$160000. Other source markets that show potential are Panama, Spain, Aruba, Cuba, Switzerland, St. Martin, Bahamas, US Virgin Islands and Venezuela, all countries with large Dominican emigre populations. Local producers are also seeking new markets in European and Latin American countries.

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