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Caribbean imports of consumer-oriented products shrunk from $2.3 billion in 2019 to $2.1 billion in 2020 as a result of the COVID-19 pandemic, yet Caribbean retail grocery sales grew by an estimated 6 percent during the same period.
Bermuda, a $100 million plus market for consumer-oriented food products, lies just 600 miles off the East Coast of the United States.
The Cayman Islands tourism industry has experienced tremendous growth during the past several years.
The Bahamas is the second largest market for U.S. consumer-oriented products in the Caribbean.
U.S. exports of consumer-oriented products to Aruba reached an all-time high of $74 million in 2016 and are on pace to reach another record level in 2017.
U.S. exports of consumer-oriented products to Trinidad and Tobago have experienced ten percent average annual growth over the past five years, reaching an all-time-high of $237.7 million in 2015.
The Food Marketing Consultants, Inc. with the help of FAS and its partner commodity organizations, penetrated seven Caribbean markets and tripled its exports sales...
A strong economic outlook, growing middle class and surging demand for consumer-oriented foods make Sub-Saharan Africa one of the fastest-growing regions for U.S. agricultural exports.