Browse Data and Analysis

FAS-Lagos forecasts a 12 percent increase in raw sugar imports in marketing year (MY) 2025/26 compared to the prior year. This is due to increased foreign exchange availability, appreciation of the naira, and the projected increase in consumption.

Sugar production in the Dominican Republic (DR) is forecast to reach 600,000 metric tons (MT) due to favorable rainfall conditions through the first half of marketing year (MY) 2025/2026 (October - September).

Wheat consumption in the Dominican Republic (DR) during marketing year (MY) 2025/26 (July 2025/June 2026) is forecast to increase by two percent, reaching 520,000 metric tons (MT).

This report was revised to reflect all major export certificates and import permits that the government of Nigeria (GON) requires for exporting agricultural and related products from the United States to Nigeria.

For marketing year (MY) 2025/26, Post forecasts a slight increase in cotton imports due to increasing demand in the ready-made garments industry.

For marketing year (MY) 2025/26, Post forecasts lower rice imports than in MY 2024/25, assuming higher production based on favorable weather. Demand for wheat continues to increase and Post forecasts slightly higher imports for MY 2025/26 to align with demand.

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.

Corn, wheat, rice, and sorghum consumption is expected to increase in marketing year (MY) 2025/26 due to the appreciation of the naira, slowing food price inflation, and macroeconomic stabilization.

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.

The installation of Bangladesh’s Interim Government in August 2024, has led to a renewed focus on macroeconomic stability, which will enable increased exports to the market as restrictions on Letters of Credit ease as foreign currency reserves stabilize.

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.

U.S. agricultural exports to the Dominican Republic reached an all-time record of $2.2 billion in 2024; a 6 percent increase from the previous record set in 2022. The increase was driven mainly by strong demand for consumer-oriented products.