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In 2014, Serbia’s agro-food exports reached a value of USD 3.3 billion, a 5 percent increase from 2013.
This report details the steps which US exporters must navigate in order to successfully place their product in the Dominican market.
Despite legislation limiting importation of genetically modified raw materials, the regulatory framework to implement that legislation never been finalized.
With over $1.3 billion in U.S. agricultural products exports to the DR, the country represents the sixth largest market for U.S. agricultural products in Latin America.
Serbia has not yet adopted the changes to the current Law on Genetically Modified Organisms (“GMOs”) that would make it World Trade Organization (WTO) compliant...
Dominican imports of dairy products exhibited strong across-the-board growth in 2014.
The Dominican Republic is now the fifth largest market for U.S. consumer oriented products in the Western Hemisphere with exports reaching $485 million in 2014.
In March, the government adopted a Decision on the Amount and Method of Payment of Port and Pier Taxes, which went into effect on April 10, 2015.
In 2014, agriculture accounted for 9.1% of Serbian GDP, compared to the EU 27 average of 2%.
During Marketing Year 2014/2015 (MY 2014/15) Post projects overall sugar production of 540,000 Metric Tons (MT), down from 561,324 MT produced during MY 2013/14.
Wheat consumption in the Dominican Republic during MY 2015/16 is forecast at 390,000 MT, with imports remaining strong at 520,000 MT.
The Dominican Government (GoDR) has implemented policies to foster the production and stability of the rice market.