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.

In 2024, the United States retained its position as the leading exporter of agricultural and related products to Jamaica, exporting approximately $650 million in bulk, intermediate, and consumer-oriented goods.

Paraguay’s wheat exports inn marketing year (MY) 2025/26 are forecast at 550,000 metric tons (MT), edging up slightly from the previous year, supported by a modest expansion in planted area even as yields may decline marginally.

Production for Jamaica sugar is projected to fall to 33,000 metric tons (MT) for marketing year (MY) October 2025 to September 2026, consistent with the ongoing downward trend observed in the industry.

Paraguay’s soybean production is forecast to rebound to 10.9 million metric tons (MMT) in MY2025/26 on improved weather and modest acreage gains, following weather-driven losses the previous year.

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.

Jamaica’s pork market is valued at an estimated $40 million per year. While domestic production meets household and retail demand, it falls short of supplying the total market.

The hotel, restaurant, and institutional (HRI) sector in Jamaica continues to thrive, driven by a rapidly expanding tourism sector. In 2023, global agricultural exports to Jamaica slightly exceeded $1 billion with the United States supplying $606 million of that total.

U.S. agricultural exports to Jamaica in 2023 totaled approximately $601 million, which makes the United States a key trading partner for the Caribbean nation. Currently, some U.S. exported livestock feed inputs and intermediate foods to Jamaica are produced using biotechnological methods.

This report outlines the requirement for exporting food and agricultural products to Jamaica. There were no major changes to these requirements in 2024.

This report outlines the major export certificates required by the Government of Jamaica for imports of food and agricultural products.

Paraguayan beef exports in 2025 are forecast down at 450,000 tons carcass weight equivalent with an expected smaller beef supply after a very large slaughter in 2024.