Dominican Republic: Retail Foods
Link to report:
The Dominican Republic (DR) continues to list as one of the fastest growing and most dynamic economies in Latin America and the Caribbean. In 2022, U.S. agricultural exports totaled nearly $2.2 billion, an all-time record, powered by strong demand for consumer-oriented products. The DR continues to rank as the fourth-largest market for U.S. agricultural exports in the Western Hemisphere, trailing Canada, Mexico, and Colombia. The informal retail sector accounts for more than 75 percent of all retail sales. Meanwhile, e-commerce continues to gain ground as the fastest growing category for 2022.
