Browse Data and Analysis

Wheat consumption in the Dominican Republic (DR) during Marketing Year (MY) 2018/2019 (July 2018/ June 2019) is forecast at 410,000 metric tons (MT), with imports remaining strong at 540,000 MT.

The Philippines is the largest market for U.S. soybean meal (SBM) and the world’s top coconut oil (CNO) exporter.

The Dominican Republic’s food processing industry was valued at $2.6 billion in 2016, with an additional $723 million for processed beverages and tobacco.

The Philippines’ rapidly expanding processed food and beverage industry presents robust opportunities for U.S. exporters of agricultural raw materials and high-value ingredients.

Increased spending and growing dining habits of the emerging middle class in the Philippines have contributed to the growth of the HRI sector by 6.7 percent from 2015 with sales of US$12 billion.

Implemented in January 2018, a Philippine tax reform program that cuts personal income taxes should increase disposable incomes and raise food and feed consumption in MY18/19 onwards.