Key Market Indicators
The Dominican Republic's golf equipment exports are expected to reach $112 million by 2026, up from $89 million in 2021. That's a 3.9% annual growth rate from 2017 to 2021. In 2021, it was 31st in the world, behind the Czech Republic's $89 million. The United States, Japan and Thailand ranked second, third and fourth respectively. Meanwhile, imports of golf equipment into the Dominican Republic are expected to reach $163 million by 2026, up from $145 million in 2021. That's an average growth rate of 2% per year since 2006. In 2021, the Dominican Republic was 48th in the world, behind Bermuda's $145 million. The United States, Mexico and China ranked second, third and fourth respectively.