Thursday, June 8, 2023

Exports from free zones reach US$1,898.6 million in the first quarter of 2023

The value of the sector’s exports free trade zone registered an increase of 2.5% during the first quarter of this year compared to the same period in 2022, going from an exported value of US$1,851.6 million during the period January-March 2022 to US$1,898.6 million in 2023.

According to the statements of the executive director of the National Council of Free Export Zones (Cnzfe), Daniel Liranzo, in absolute terms, this growth represents an increase of US$47.0 million, which shows that the free zone sector continues to consolidate the growth of its main variables.

Similarly, Liranzo reported that the exports from this sector represented 63.2% of the country’s total exports.

According to the figures of the General Directorate of Customs (DGA), the performance of exports during the month of March registered an increase of 5.5% compared to the same month of the previous year, going from an exported value of US$728.0 million in 2022 to US$768.2 million in 2023.

Liranzo pointed out that the productive subsectors of free zones that presented the greatest increases in the value of their exports, during the first quarter of 2023, are the following: agro-industrial products, with a growth of 23.8%; toplastic items, with 21.0%; mmetals and their manufactures, with 19.7%; pelectrical products, with 9.7%; dmedical devices, with 9.0%; among others.

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