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With over $1.3 billion in U.S. agricultural products exports to the DR, the country represents the sixth largest market for U.S. agricultural products in Latin America.
Dominican imports of dairy products exhibited strong across-the-board growth in 2014.
The Dominican Republic is now the fifth largest market for U.S. consumer oriented products in the Western Hemisphere with exports reaching $485 million in 2014.
During Marketing Year 2014/2015 (MY 2014/15) Post projects overall sugar production of 540,000 Metric Tons (MT), down from 561,324 MT produced during MY 2013/14.
Wheat consumption in the Dominican Republic during MY 2015/16 is forecast at 390,000 MT, with imports remaining strong at 520,000 MT.
The Dominican Government (GoDR) has implemented policies to foster the production and stability of the rice market.
Central America and the Caribbean, with their close geographical and economic ties to the United States, have always been an important market for U.S. agricultural exports.
During Marketing Year 2013/2014 (MY 13/14), sugar production reached 561,324 Metric Tons (MT) and Post estimates overall production of nearly 580,000 MT during MY 14/15. For MY 13/14, exports of raw cane sugar will total approximately 220,000 MT...
The Dominican Republic continues to be a strong market for U.S. bulk agricultural products, intermediate goods, as well as high value consumer-oriented products.
The Dominican Republic is the third largest market for US consumer oriented agricultural products in the Western Hemisphere, after Canada and Mexico respectively, with $489 million in imports in 2013.
The Dominican Republic is not expected to fill the U.S. annual sugar tariff-rate quota (TRQ) for FY 2013 due to the current supply situation in the U.S. market.
A summary of improvements made by the Government of the Dominican Republic to the implementation of tariff rate quotas under the CAFTA-DR agreement.