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- (-) December 2017
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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.
U.S. exports of consumer-oriented products to Aruba reached an all-time high of $74 million in 2016 and are on pace to reach another record level in 2017.
The United States exported over $1 Billion in U.S. consumer-oriented foods and fish products to the Caribbean Basin in 2016.
The Dominican Republic continues to be a strong market for U.S. bulk agricultural products (corn), intermediate goods (soybean meal), and high value consumer-oriented products....
Biotech regulations have been virtually non-existent in the Caribbean. However, that may change in the years ahead....