Dominican Republic Retail Foods 2023
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.