DR1 Daily News - Dominican Republic

According to the Central Bank of the Dominican Republic stats, industrial free zone exports were 60.7% of all exports, just slightly below the totals for 2023.

These numbers are a reflection of the competitiveness of this model of manufacturing versus the more traditional models.

This is evidenced by the fact that local manufacturing produced only 39.3% of exports, something that experts see as demonstrating the need for more support to manufacturing outside of the duty-free parks.

These observations are followed by a call for tax reforms that will provide incentives for more modern production processes in the local scene.

El Caribe reports that 61% of the inputs used in the local free zone manufacturing plants comes from the United States, the Dominican Republic’s main trading partner. 10% comes from China.

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