Decoding the Dominican Republic's textile exports under CAFTA-DR
21 Oct '24
10 min read
Decoding the Dominican Republic's textile exports under CAFTA-DR
Insights
CAFTA-DR trade agreement has significantly boosted Dominican Republic's textile exports to US.
Dominican Republic relies heavily on US, with *** per cent of its exports directed there, particularly in knit and woven apparel.
While the agreement has fostered growth and investment in the textile industry, diversification into other markets is essential to mitigate risks from US economic instability.
CAFTA-DR trade agreement has significantly boosted Dominican Republic's textile exports to US.
Dominican Republic relies heavily on US, with ** per cent of its exports directed there, particularly in knit and woven apparel.
While the agreement has fostered growth and investment in the textile industry, diversification into other markets is essential to mitigate risks from US economic instability.
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