Where did the products made in Dominican Republic go and from where were others brought?

During the first quarter of 2023, the Dominican Republic exported US$46.5 million less than in the same period last year.

There were 3,005.7 million dollars against 3,052.2 million dollars in 2022. This is reflected in the moderation of the growth rate of the Dominican economy in the first three months of the year.

The data is compiled in the National Statistics Office (ONE) bulletin. Gold, for example, was one of the products that decreased. It exported 52 million dollars less in FOB value due to a drop in production.

And, while 3,005.7 million dollars in merchandise were exported in the first three months of the year to 119 countries, the country imported 7,154.0 million dollars.

This means an increase of 140.8 million dollars in the first quarter of 2022 when goods for 7,013.2 million dollars were brought into the country from 170 countries.