Economy

Haiti-Dominican Rep. Trade Exceeded 888 Million Dollars in 2017 – Prensa Latina


According to the National Statistics Office of Santo Domingo, formal trade between both nations rose by 6.5 percent compared to 2016, however, it remains below the figures of 2015, when it reached one billion dollars.

The fall is due to Haiti barring the import of some 23 products by land, including wheat, flour, edible oil and cement, with the aim of controlling their quality and ensuring the safety of the population.

However, despite these impositions experts point out that the informal trade between both nations is around 1.2 billion dollars, and that Haitians mainly buy in the Dominican Republic agricultural and agro-industrial goods such as chickens, eggs, rice, beans and vegetables.

Source: Prensa Latina

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