NUESTRAS NOTICIAS

Agricultural and livestock exports exceed US$6 Billion, since 2012

Fecha de publicación: 28 March, 2016

  • The Executive Director of the CEI-RD, Dr. Jean A. Rodriguez, stated that there was a 22% increase during the 2012-2015 period

Santo Domingo. The volume of Dominican exports in the agricultural and livestock sector, showed an increase of 22% for the period comprised between the years of 2012 and 2015, reaching the amount of US$6.04 billion, disclosed the Executive Director of the Export and Investment Center of the Dominican Republic (CEI-RD, for its initials in Spanish), Dr. Jean A. Rodriguez.

According to the head of the CEI-RD, the increase reflects the dynamism and growth of this sector of the national economy. “In essence, this growth is the result of the strategy implemented by the government of President Danilo Medina in favor of national export activities, which aims at job creation and promoting the economic and social welfare of the country”, expressed Rodriguez.

Sustained annual growth

The Director of the CEI-RD emphasized that for the 2012-2015 period, the agricultural and livestock exports rose from US$1.3 billion in 2012 to US$1.6 billion in 2015, showing a average annual simple growth rate of 9%.

The head of the CEI-RD pointed out that in 2012, the value of agricultural and livestock exports was recorded at US$1.3 billion, with an increase of 1.15% in relation to 2011.

While for the year 2013, the related amount was US$1.47 billion, showing a significant increase of 9.57% in relation to 2012.

In that same context, he indicated that during 2014, the agriculture and livestock export figures were estimated at around US$1.58 billion, for an increase of 7.64% in relation to 2013.

Finally, for 2015, the Director of the CEI-RD expressed that said amounts exceeded a total of US$1.63 billion, thus reflecting an increase of 2.91% in relation to 2014.

Growth of products

Likewise, the government official noted that during this time period, 4,461.92 kilograms of agricultural and livestock products were exported, numbers which he considers support the export sales figures in this sector and reflect their substantial increase.

According to Rodriguez, various agricultural products showed a considerable increase, notably cucumbers, organic bananas, mangoes and raw cocoa beans, for an increase in percentage of 170%, 115%, 69%, and 56%, respectively.

In detail, cucumber exports increased from USD$4.21 million to USD$11.35 million for a total increase of USD$7.15 million;  organic bananas increased from USD$72.41 million to USD$155.48 million for a total increase of USD$83.10 million; mangoes rose from  USD$9.39 million to USD$15.83 million for a total increase of USD$6.44 million;  raw cocoa beans grew from USD$160.53 million to USD$250.38 million, for an increase of USD$89.85 million; as well as egg plants, which increased from USD$3.31 million to USD$6.44 million for a total growth of USD$3.12 million.

 

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