SANTO DOMINGO – The Ministry of Economy, Planning and Development released its “Sectoral Panorama” report for April 2024, highlighting the strong growth in agricultural and manufacturing exports and tourism in the first four months of the year.
Agricultural Exports
Agricultural exports in April reached US$111.3 million, up 59.5% from 2017. Total agricultural exports from January to April were US$290.9 million, up 11.7% from the same period in 2017. The main contributors to this growth were raw tobacco, cocoa beans and eggs.
Manufacturing Exports
Real demand for manufactured goods in April was R$116,425.3 million, up 12.9% year-on-year. Cumulative demand from January to April was R$449,866.6 million, up 6.9% year-on-year. Domestic manufacturing was R$317,490.2 million, up 5.8% year-on-year. Free zone manufacturing exports were R$106,545.3 million in January-April 2024, up 11.7%.
sightseeing
The number of non-resident international tourists in April 2024 was 608,131, up 3.5% from the same month last year. From January to April, the number of tourists was 2.6 million, up 11.6%. The majority of tourists were from the United States (39.5%), followed by Canada (17.5%), Colombia (4.0%), Argentina (3.2%), France (3.1%), Puerto Rico (2.5%), the United Kingdom (2.1%) and Brazil (2.1%).
Trade and Transport
Trade activity in April was RD$144,528.3 million, down 8.7% year-on-year. Trade activity from January to April was RD$610,696.6 million, down 6.6%. The total transport activity index was 133.1 points, equivalent to RD$18,496.3 million, down 2.2% year-on-year. Transport activity from January to April was RD$72,828.1 million, down 6.5%.
Funding and hiring
Real payables in the productive sector in April were RD$799.4 billion, up 20.2% year-on-year. Employment statistics for January-March 2024 showed that the number of employed persons was 4,941,183, up 3.6% year-on-year. The World Personnel and Compensation Index increased by 6.2 points from 94.0 to 99.9. The employment index for the economic sector increased by 3.5%, and the real salary index increased by 10.0%, indicating an increase in real average salaries compared to the first quarter of 2023.
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