Browse Data and Analysis

Sugar production and exports are projected slightly up in marketing year (MY) 2024 (October 2023 to September 2024) because of the increase in productivity yields, harvested area, and additional investments made in the sugar sector and increased exports, as the Honduran Sugar Industry fully recovers from the rainy season in November 2022.

The United Arab Emirates' food processing sector continues to expand, bolstered by strong economic growth and local demand. There are over 568 food and beverage processors and manufacturers in the UAE, most of which are small to medium size.

Strong tourism, high petroleum rents, and an accompanying economic boom in the United Arab Emirates are forecast to grow the consumptive base and drive imports of wheat and rice higher in the coming marketing year.

Honduras is the 24th largest market for U.S. agricultural exports, and the third largest market under the Free Trade Agreement (CAFTA-DR), which entered into force for Honduras in 2006.