What does the Dominican Republic depend on US for?

The Dominican Republic is the United States' 11th largest export market for agricultural goods, and the United States is the Dominican Republic's largest trading partner. In 2021, the United States exported $1.8 billion in agricultural products to the Dominican Republic, including soybean oil, wheat, and chicken. The Dominican Republic exported $2.6 billion in agricultural products to the United States, including tomatoes, mangos, and avocados.

Investment

The United States is the Dominican Republic's largest source of foreign direct investment (FDI). In 2021, the United States had an estimated $2.6 billion in FDI in the Dominican Republic, primarily in the tourism, mining, and manufacturing sectors.

Tourism

The Dominican Republic is a popular tourist destination for Americans, with over 1.5 million American tourists visiting the country in 2021. The tourism industry is a major source of revenue for the Dominican Republic, and the United States is the Dominican Republic's largest source of tourism revenue.

Military cooperation

The United States and the Dominican Republic have a long history of military cooperation. The United States has provided military training and equipment to the Dominican Republic, and the Dominican Republic has participated in US-led military operations in the region, such as the 1965 Dominican Civil War and the 1989 US invasion of Panama.

Development assistance

The United States provides development assistance to the Dominican Republic through a variety of programs, including the US Agency for International Development (USAID), the Peace Corps, and the Millennium Challenge Corporation (MCC). USAID provides funding for programs in the Dominican Republic that focus on health, education, and economic development. The Peace Corps sends volunteers to the Dominican Republic to work on community development projects. The MCC provides grants for projects that promote economic growth and reduce poverty in the Dominican Republic.

Political cooperation

The Dominican Republic and the United States have a close political relationship. The two countries cooperate on a variety of issues, including trade, security, and immigration. The Dominican Republic is a member of the United Nations, the Organization of American States (OAS), and the Central American Integration System (SICA).