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- (-) February 2023
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The Dominican Republic-Central America Free Trade Agreement (CAFTA-DR)[1] region and Panama combine to represent the seventh-largest market for U.S consumer-oriented products, totaling $3.7 billion in 2022.
U.S. agricultural exports to the Dominican Republic reached an all-time record of $2.2 billion in 2022; a 14 percent increase from the previous record set last year. The increase in U.S. exports was driven mainly by increased demand for consumer-oriented products.
During 2020, U.S. total agricultural exports to the Dominican Republic increased by 6 percent, from US$1.26 billion in 2019 to $1.33 billion, reaching an all time high.