Dominican Republic: Food Processing Ingredients
The Dominican Republic’s food processing industry was valued at $2.2 billion as of September 2018 ($2.8 billion in Calendar Year [CY] 2017) in activities categorized as “food industry,” with an additional $605 million for processed beverages and other products during the same period ($794 million in CY 2017). Meat processing, wheat milling, baked products, and dairy processing continue to lead the local food processing industry. The United States continues to be a strong supplier of meats, edible oils, fats, dairy products, wheat and other key ingredients. There is potential for increased exports of those and additional U.S. ingredients, especially since CAFTA-DR continues to steer towards full implementation by 2025.