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Over the past 12 years (2003-2014) U.S. exports of consumer-oriented products and fish products to the Caribbean have averaged over nine percent annual growth, surpassing the $1 billion mark in 2014.
This report details the steps which US exporters must navigate in order to successfully place their product in the Dominican market.
Caribbean nations are very heterogeneous in terms of history, culture, and GDP.
The Food Marketing Consultants, Inc. with the help of FAS and its partner commodity organizations, penetrated seven Caribbean markets and tripled its exports sales...
Despite legislation limiting importation of genetically modified raw materials, the regulatory framework to implement that legislation never been finalized.
Biotech regulation has been virtually non-existent in the Caribbean.
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.
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.
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.