Agriculture

The Dominican Republic is the largest exporter of agricultural products and livestock in the region. While the industry is constantly surpassed by manufacturing and services, with the benefits of DR-CAFTA and other trade agreements, placement possibilities for Dominican products around the world have increased substantially over the past 10 years. The sector is attractive for investment to the extent it is protected by the government through tax incentive policies, zero tariffs for importation of machinery and soft loans from the Agricultural Bank, a government entity.
 
The main agricultural exports are sugar, coffee, cocoa and tobacco. Since the late 80's other products are also exported in large quantities, such as fruits, tubers and other vegetables. Under the direction of the Ministry of Agriculture the Dominican Republic has been steadily making inroads in organic farming, which is a growing market. The main products are organic dried coconut, biodynamic bananas, pineapples, mangoes, lemons, green coffee, herbs, raw coconut oil and cocoa.

Other items which in recent years have grown significantly are Livestock, Forestry and Fisheries, especially the production of chickens and eggs. Since the law does not impose restrictions on foreign investment, agriculture is an important sector to invest

 

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