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Puerto Rico to see steady growth of life sciences exports


March 22, 2024
Puerto Rico to see steady growth of life sciences exports image
Rotate presentation projecting growth in Puerto Rico’s life sciences exports, based on data from a report by Boston Consulting Group and the Community’s data

The Puerto Rico Life Sciences Air Cargo Community, working with Rotate, developers of the Community’s new data dashboard, is predicting year-on-year growth of 24 per cent in life sciences exports over the next three years.

The Community’s temperature-controlled exports are predicted to increase annually by 30 per cent for the next three years, with a further 14 per cent annual increase predicted in the export of medical devices.

The statistics are drawn from a report by Boston Consulting Group and the Community’s data dashboard, which aggregates data sources including air cargo imports and exports, and air trade demand between Puerto Rico and U.S.

Rotate is an air cargo consulting, data, and software specialist, and has worked with the Community to provide its members with valuable insights into the Puerto Rican air cargo market.

“These findings are a testament to the Community’s progress, the tremendous work and dedication of its members, and a true indication of the potential for growth throughout our pharma operations,” said Jonas van Stekelenburg, Advisor, Departamento de Desarrollo Económico y Comercio (DDEC).

“The Community has been working to driving quality across the hub, spearheading training initiatives and hosting Community meetings to foster collaboration between members.


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