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.

Australia is the world’s second-largest producer and exporter of almonds, behind only the United States, and the industry continues to grow.

In 2024, U.S. exports of agricultural and related products to Honduras totaled $1.3 billion, representing a 38.2 percent share of the market and a 1.3 percent increase over the previous year.

Australia is a prosperous, industrialized nation with a stable economy that fosters an open and transparent trade and investment environment.

Australia’s milk production in 2025 is estimated to decline to 8.6 million metric tons (MMT), following a significant 2.3 percent increase in 2024. The growth experienced in 2024 has stalled, primarily due to very dry conditions across southwest Victoria and South Australia.

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.

Honduran coffee production is forecast to reach 5.52 million 60-kilogram bags in marketing year (MY) 2024/25 and rise to 5.80 million bags in MY 2025/26.

A large portion of Australia’s winter cropping area is well-positioned, heading into the forecast year. In New South Wales, Queensland, and Western Australia, early seasonal conditions are favorable, indicating potential for strong wheat and barley production.

Australia’s sugar production is forecast to decline to 3.8 million metric tons (MMT) in marketing year (MY) 2025/26, down from an estimated 3.85 MMT in MY 2024/25, marking the lowest level of production in over a decade.

Sugar production and exports in Honduras are expected to increase in MY 2025/26, driven by higher yields, expanded harvest areas, and greater investment.

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.

Australian oilseed production, dominated by canola, is expected to be strong for the fifth consecutive season during the marketing year (MY) 2025/26.