Browse Data and Analysis

The Caribbean Basin region continues to experience growth, driven primarily by the steady rise in tourism, which in turn impacts consumer demand.

As a result of the increase in the 2025/26 production estimate, the 2025/26 wheat import forecast is reduced to 1 million tons.

Pakistan is an important market for U.S. food and agricultural-related products, with U.S. exports surpassing $910 million in 2024.

Guatemala’s imports of consumer-oriented products continue to grow, reaching $886 million in 2024, a 14 percent increase that surpassed imports of bulk and intermediate products by nearly 50 percent.

The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.

Guatemala’s coffee production areas remain stable, with gradual increases in output as ongoing renovation efforts begin to show results.

In MY 2023/24, Guatemala ranked as the world’s second most efficient sugarcane producer and fourth in overall sugar production efficiency. For MY 2025/26, production is forecast to remain steady, with planted and harvested areas unchanged from the previous two years, and growth expected in MY 2026/27.

Sugar production in 2025/26 is projected to reach 6.6 million tons, which is 13.7 percent higher than the 2024/25 estimated production. This increase is based on expectations for improved sugar content and average cane yield.

Wheat production is projected to fall to 27.5 million tons in 2025/26 due to a decrease in cultivated area and extremely dry weather. This shortfall in domestic production is expected to lead to increased imports, forecast at 1.7 million tons.

Rice production in Guatemala is slowly declining due to limited access to improved seed varieties and an insufficient domestic supply of locally developed seeds.

This report highlights the food processing industry, its drivers, key players, and market landscape in the Caribbean Basin. The region relies heavily on imports, and the United States is the largest supplier of food ingredients.

Following the resumption of genetically engineered soybean imports after two years, soybean imports are forecast to rebound to 2 million tons in 2025/26. With a slight increase in domestic production expected, rapeseed imports are forecast to decline.