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On March 7, 2022, President Luis Abinader addressed the nation to announce 10 policy measures to ease inflationary pressures in the Dominican Republic (DR) due to the lingering effect of the COVID-19 pandemic and the ongoing conflict between Russia and Ukraine.
With expected normal rainfall patterns over the main sugarcane production zones, Post forecasts sugar production in the Dominican Republic to be 630,000 metric tons (MT) in Marketing Year (MY) 2022/2023 (October/September), a 2 percent increase over the previous period last year.
The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.
The Dominican Republic´s food processing industry was valued at $10.6 billion during calendar year (CY) 2021 in activities categorized as “food industry” with an additional $3.2 billion for processed beverages and other products during the same period.