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The Dominican Export Processing Area Grew From 18% To 1 In 2010. 18%

2010/12/3 13:52:00 68

Dominican Textile Industry

Dominican Republic's 27 daily guide, November, said Luisa Fernndez, executive director of Dominican export processing area, said that in 2010, the export volume of the Dominican export processing area reached 1 US dollars from 2010 to September, which was 29% higher than that of the same period in 2009. The growth of exports also contributed to an increase of 10%. in the industry.


Processing industry in the export area according to central bank data

Export value

They all showed positive growth.

footwear industry

Growth 85%, growth of jewelry industry 35%, growth of medical and pharmaceutical products 25%, growth of electronic products 14%.


in addition

textile industry

Exports also grew by 18%, the first positive growth in 8 years.

In addition, there was an increase in employment opportunities in all the processing export areas of Domin Ni Fagafaga, with the largest increase in employment opportunities in the north and San Domingo processing export areas.


Supplement:


Industry judgement:


Prices of raw materials such as cotton remain high, and downstream products are raising prices.


Labor costs showed a long-term upward trend.


The appreciation of RMB continues and exports are under pressure.


Domestic sales remain strong, and competition pays more attention to brand positioning and marketing publicity.


Investment strategy:


Brand: good brand revaluation companies: (Hinur, seven wolves, good news birds, Luo Lai, fuanna)


Manufacturing sector: good at mastering raw materials, strong bargaining power and insensitivity to rising costs: (Lutai A, Jiaxin silk) Everbright Securities Limited by Share Ltd

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