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- (-) October 2024
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On October 7, 2024, the Government of the Dominican Republic announced a proposed a tax reform bill that could have significant implications for U.S. agricultural exports, particularly in the pork, beef, and beverage sectors.
The Dominican Republic (DR) is the third-largest export market in the Western Hemisphere for U.S. consumer-oriented products. In 2023, U.S. exports of these products to the DR exceeded $1 billion, largely due to strong demand from foreign tourism and the retail sector.
For marketing year October 2024/September 2025 (MY 2024/25), Post forecasts overall sugar production in the Dominican Republic (DR) to increase to 520,000 metric tons (MT) due to better-than-expected rainfall patterns.
Post forecasts overall production of 500,000 MT during MY 15/16. During Marketing Year 2014/2015 (MY 14/15), sugar production reached 495,979 Metric Tons (MT).