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Haiti - FLASH : DR exports to Haiti explode in September and October 18/11/2024 09:08:46
In the last two months, the Dominican Republic has exported $162.7 million to Haiti, an increase of 230% compared to the same period in 2023. The worsening of the institutional, insecurity and socio-economic crisis in Haiti has not had a negative impact on local exports to this country. On the contrary, in the last two months, there has been a rebound in sales of national products to the neighboring country. Statistics from the Dominican Republic Export and Investment Center (ProDominicana) reveal that between January and October 2024, the country exported US$747 million worth of products to Haiti (743.2 million for the same period in 2023), however, until August 2024, exports were lower than in 2023. The ProDominicana report indicates that in September 2023, exports to Haiti totaled US$37.8 million compared to US$75.3 million (+99.2%) in September 2024. In October 2023, exports totaled US$32.7 million compared to US$87.4 million (+167.2%) in October 2024. ProDominicana estimates that demand is likely to continue during November, as the crisis in Haiti has worsened, with greater isolation in terms of international transport in the world, consequently Haiti increases its demand with the Dominican Republic, its closest neighbor. SL/ HaitiLibre
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