Friday, December 9, 2022

Elizabeth Mena: “Women assume an increasingly active role in commerce”

Every day women participate more in the revitalization of the Dominican economy by developing business ideas that are exportable under the label “made in the Dominican Republic.” This action allows the diversification of companies, generates jobs and increases the competitiveness of enterprises.

However, it is necessary to increase the participation of women in managerial and leadership positions, mainly in the export sector. For the president of the Dominican Export Association (Adoexpo), Elizabeth Mena, women are a dynamic entity that generates new ideas according to their interests.

“Women assume an increasingly active role in trade, since they are creative beings who demand the diversification of the products they want to develop,” she explained during the panel “Incorporating women in international trade,” organized by the Dominican Association of Exporters (Adoexpo), with the support of the Dominican Mining Corporation (Cormidom) and Dinero Mujer.

According to data from the National Statistics Office (ONE), 35.9% of Dominican women participated in the labor market this year, a contrast to the 64.1% totaled by men.

Meanwhile, companies led by women represent a participation that is on the rise. This is shown by the statistics of the Center for Investment and Export (ProDominicana), registering 3,029 exportable economic agents between 2012 and August 2022. Of this amount, 76.1% (2,441) correspond to individuals and 23% (739) legal entities.

In addition, in 2021, 554 women-led companies sold their products in international countries. This means an increase of 12.4% compared to 2020 when there were a total of 493 companies.

Mena indicated that the “more leadership and management participation” of women in the country’s labor force increases, “nothing but the sky would be the limit of what Dominican society could be.”

The state entity indicates that 55% of these businesses made exports for less than US$10,000, 1.1% more than US$10,000, while 75.8% less than US$50,000.

The president of Adoexpo stated that “in our association we work to continue strengthening a resilient, diversified and inclusive export sector that guides new entrepreneurs to place their services or products in the global market.”

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