Agricultural exports surge by 36.9% year-on-year

Santo Domingo.- The Dominican Republic’s Ministry of Economy, Planning, and Development released its Sectoral Overview for September 2024, showing strong growth in agricultural and manufacturing exports but declines in transportation, trade, and tourism. Agricultural exports grew by 36.9% from January to September compared to the previous year, driven by increased cocoa exports to the U.S. and Belgium, raw tobacco to the U.S., and eggs to Cuba. In September alone, agricultural export value rose 43.6% year-on-year to $78.5 million. Manufacturing exports from free trade zones increased by 9.5% to RD$253,541.0 million, while local manufacturing exports grew by 11.1% to RD$RD$58,189.4 million.