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- (-) Processed Food Products
- (-) March 2024
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In 2023, Mexico imported $51 billion of food ingredient products, of which 63 percent were sourced from the United States. Mexico’s food processing industry is the second largest in Latin America, behind Brazil, making Mexico a top destination for U.S. food ingredients.
Colombia’s food and beverage industry decreased by two percent in 2023 due to stagnating economic growth.
The Dominican Republic’s food processing industry totaled $2.91 billion for calendar year (CY) 2023 in activities categorized as “food industry,” while processed beverages and other products amounted to $2.68 billion over the same period.
This report provides information to U.S. exporters of agricultural and related products on how to do business with the Food Processing industry in Panama. It is primarily a service – based economy, but food processing is one of its top industries.