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- (-) December 2022
- (-) Germany
- (-) Honduras
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Germany has more than 84 million of the world’s wealthiest consumers and is by far the biggest market in the European Union. The German market offers good opportunities for U.S. exporters of consumer-oriented agricultural products. In 2021, total U.S. exports of agricultural and related products to Germany reached $2.5 billion.
In 2022 Honduras has made no modifications or changes to its existing regulatory framework. As of October 2022, Honduras had more than 52,000 hectares (ha) of genetically engineered (GE) Corn production, a 37 percent increase from calendar 2021.
U.S. exporters enjoy a strong position in the Honduran market, thanks to the CAFTA-DR agreement. More than 95 percent of U.S. industrial and commercial goods can enter the country duty free, with the remaining tariffs to be phased out by 2025. Import tariffs for rice and chicken leg quarters will be eliminated in 2023, as well as for dairy products in 2025.