Barrick gold mining exports keep total Dominican exports showing growth, despite having declined by 4.3% this first quarter compared to last year. However, a recent press release from the Dominican Republic Industries Association points to a downward trend in non-mining exports.
AIRD president Campos de Moya highlights that there has been a 20% decline when these exports are compared to the same period in 2012. “This means that for every five dollars that we received for non-mining exports in the first quarter of 2012, we did not receive a dollar in the first quarter of 2015.”
In a press release, AIRD said the DR has not been able to find a way to achieve sustained growth of exports, neither in volume nor in value.
“What are we doing wrong that local manufacturing has not been able to reach a sustained growth of our exports? Which are the economic and social implications of the production policies we are implementing in the Dominican Republic?” asks AIRD.
Industriales advierten caída en las exportaciones nacionales