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Production for Marketing Year (MY) 2020 is forecast at 2.02 million metric tons (MT), 1 percent above MY2019: a slight increase in area but yields continue at a very low 2.05 MT per hectare (Ha).
The Dominican Republic’s food processing industry was valued at $2.2 billion as of September 2018 ($2.8 billion in Calendar Year [CY] 2017) in activities categorized as “food industry,”....
Costa Rican food processors and consumers trust and value food products that include U.S. raw materials and ingredients. Demand for quality ingredients has been steadily increasing...
The Dominican Republic is scheduling the import of Tariff Rate Quotas (TRQs) established under the CAFTA-DR for rice and powdered milk for Calendar Year 2017 (CY17).
Since the United States entered into the CAFTA-DR trade agreement, U.S. agricultural exports to the six CAFTA-DR countries have more than doubled.
According to the Bank of Guatemala (BANGUAT), the food processing industry in Guatemala for year 2015, will grow 3.5 percent and will contribute 0.67 percent to the total GDP.
Central America and the Caribbean, with their close geographical and economic ties to the United States, have always been an important market for U.S. agricultural exports.