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The Dominican Republic’s food processing industry totaled $2.90 billion for calendar year (CY) 2024, in activities categorized as “food industry.” Beverages and other food products accounted for an additional $1.02 billion during the same period.
The United States is a major trading partner with the Dominican Republic (DR). The DR is the largest economy in the Caribbean and the seventh-largest economy in Latin America. Since the Dominican Republic-Central America Free Trade Agreement (CAFTA-DR) went into effect for the DR in 2007, U.S. agricultural exports to the DR have increased from $1 billion in 2007 to $2 billion in 2024.
On February 5, 2025, the Dominican Republic amended its Fiscal Control and Traceability System for Alcoholic Beverages and Cigars (TRAFICO), marking a significant victory for the U.S. alcoholic beverage industry.
From May 16-20, 2019, FAS Santo Domingo accompanied a delegation of 36 Dominican and Jamaican buyers and representatives to attend the National Restaurant Association (NRA) show in Chicago, Illinois.
The Dominican Republic is one of the most dynamic economies in the Caribbean region.