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View Full Version : DR trade deficit grows



NewsWhore
12-27-2006, 04:30 PM
The Dominican Republic has a US$690 million trade deficit in spite of increasing its exports. The deficit has increased continually since 1970. In 2005 the Dominican Republic exported US$1.08 billion in traditional, non-traditional and mining exports. If only these exports were calculated, the trade deficit would be US$5.425 billion. However, the industrial free zones exported over US$4.4 billion, thus reducing the deficit, according to the Dominican Center for Exports and Investment (CEI). According to Manuel Gonzalez Tejera, free zone exports account for 81% of all Dominican exports.

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