Dominican Exports Increased by 18.5 Percent in 2005

Dominican exports grew to $860 million in 2005, an 18.5 percent increase compared to the same period in 2004, according to the Center for Exports and Investments (CEI-RD), as reported by El Caribe, a local newspaper.

The increase is mostly owed to the US economy´s 4.4 percent recovery during 2004 and the foreign trade policy in anticipation of the FTA with the US market and Central America, two factors that generated greater dynamism in the productive and export sectors. Figures provided do not include free zone exports.