{"id":144413,"date":"2020-07-27T09:00:00","date_gmt":"2020-07-27T13:00:00","guid":{"rendered":"https:\/\/dr1.com\/wordpress\/?p=144413"},"modified":"2020-07-27T09:09:21","modified_gmt":"2020-07-27T13:09:21","slug":"health-crisis-affects-exports","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2020\/07\/27\/health-crisis-affects-exports\/","title":{"rendered":"Health crisis affects exports"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"600\" height=\"397\" src=\"https:\/\/dr1.com\/wordpress\/wp-content\/uploads\/2020\/02\/Exportacion-de-acero-Listin-Diaio-e1580866944263.jpeg\" alt=\"\" class=\"wp-image-135971\"\/><\/figure>\n\n\n\n<p>The latest data on the performance of Dominican trade during the Covid-19 health crisis show a major drop, according to the Foreign Commerce Panorama # 8, published by the Dominican International Commerce Observatory (ODCI). According to the entity, between January and March 2020, exports averaged US$837 million per month. For May and June, the average had dropped US$601 million, a 28% reduction. This reduction was observed in national products as well as exports from Industrial Free Trade Zones.<\/p>\n\n\n\n<p>The document also shows that imports are off, too, going from US$1.56 billion between January and March, to US$1.157 in April and May, a decline of 26%. Imports of consumer goods fell by 25%, raw materials fell by 21% and capital goods fell by 36%. Oil imports were down by 43% due to the partial lockdown, and the reduction in international prices.<\/p>\n\n\n\n<p>On the positive side, the trade deficit is down, from US$723 million between January to March, to US$555 million in April and May. However, the outlook for the rest of the year is not very rosy. The Observatory is projecting a US$1.4 billion reduction of exports compared to 2019, and a US$2.4 billion decline in imports.<\/p>\n\n\n\n<p>Read more in Spanish:<br><a href=\"https:\/\/odci.org.do\/\">OCDI <\/a><\/p>\n\n\n\n<p>26 July 2020<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest data on the performance of Dominican trade during the Covid-19 health crisis show a major drop, according to the Foreign Commerce Panorama # 8, published by the Dominican International Commerce Observatory (ODCI). According to the entity, between January and March 2020, exports averaged US$837 million per month. For May and June, the average &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2020\/07\/27\/health-crisis-affects-exports\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[271,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/144413"}],"collection":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/comments?post=144413"}],"version-history":[{"count":2,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/144413\/revisions"}],"predecessor-version":[{"id":144430,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/144413\/revisions\/144430"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=144413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=144413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=144413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}