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The Caribbean Basin region continues to experience growth, driven primarily by the steady rise in tourism, which in turn impacts consumer demand.
As tourists flock back to the Caribbean in larger numbers and island economies regain their footing after being challenged by global inflation, competition, and other headwinds, opportunities for U.S. suppliers are slowly emerging. While hurdles remain present on the horizon, U.S. suppliers are finding resilient Caribbean buyers to be excellent partners on the road to commercial success.
Demand for U.S. consumer-oriented products in the Caribbean region reached $1.5 billion in 2022, a 26 percent gain compared to the previous year.
The Caribbean’s rebound from the economic downturn induced by the COVID-19 pandemic has been slow. Anxious for better times, the region is looking ahead at 2023 and hoping for improved tourist arrivals that will spark a return to more robust economic growth.
Hit hard by the COVID-19 pandemic (both in terms of public health and economic performance), the tourism-dependent Caribbean is anxiously awaiting a return to more normal times characterized by growing tourist arrivals, which in many ways are the economic lifeblood of the region.
Eager to put the COVID-19 pandemic behind it, the Caribbean is doing all it can to attract visitors and kick-start its tourism sector in 2021.
After exporting a record-high $1.1 billion in consumer-oriented agricultural products to the Caribbean in 2019, U.S. suppliers saw the COVID-19 pandemic take a toll on Caribbean demand...
Belgium is a Member State of the European Union (EU) and applies the certification requirements described in the European Union Food and Agricultural Import Regulations and Standards (FAIRS)...
For the third year in a row since the European ban on use of neonicotinoids from 2018, Belgium will grant a derogation for sugar beet.
The European Union follows a complex, rolling system of review for use of active ingredients and Maximum Residue Levels (MRLs) in food.
Belgium is a Member State of the European Union (EU) and applies the certification requirements described in the European Union Food and Agricultural Import Regulations and Standards...
This report should be read in conjunction with the EU-28 Food and Agricultural Import Regulations and Standards (FAIRS) report written by the U.S. Mission to the EU (GAIN report E42019-0048).