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Two key free trade agreements – the Dominican Republic-Central America Free Trade Agreement (or CAFTA-DR) and the U.S.-Panama Trade Promotion Agreement – have stimulated U.S. agricultural exports...
Bilateral trade of agricultural products between the United States and the Dominican Republic has increased during the first six months of Calendar Year 2020 (CY 2020), despite the COVID-19 pandemic.
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,”....
Column chart comparing the change in value of U.S. agricultural exports before and after key trade agreements.
The Dominican Republic’s food processing industry was valued at $2.6 billion in 2016, with an additional $723 million for processed beverages and tobacco.
The Dominican Republic’s food processing industry is valued at $2.6 billion, with an additional $723 million for processed beverages and tobacco.
In 2016, the Dominican Republic was the fifth-largest market, valued at almost $484 million, for U.S. consumer-oriented products in the Western Hemisphere after Canada, Mexico, Colombia and Chile.
The Dominican Republic is scheduling the import of Tariff Rate Quotas (TRQs) established under the CAFTA-DR for rice and powdered milk for Calendar Year 2017 (CY17).
The Dominican Republic is the fifth largest market for U.S. consumer oriented products in the Western Hemisphere, after Canada, Mexico, Colombia and Chile, with exports reaching $451 million in 2015.
This report details the steps which US exporters must navigate in order to successfully place their product in the Dominican market.
Since the United States entered into the CAFTA-DR trade agreement, U.S. agricultural exports to the six CAFTA-DR countries have more than doubled.
Graphic illustrating the growth of U.S. agricultural exports in response to trade agreements over the past 70 years.