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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.
The United States exported over $1 Billion in U.S. consumer-oriented foods and fish products to the Caribbean Basin in 2016.
Biotech regulations have been virtually non-existent in the Caribbean. However, that may change in the years ahead....
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.
Over the past 11 years (2004-2013) U.S. exports to the Caribbean Island Basin of consumer-oriented products and fish products have averaged over 10 percent annual growth.
Biotech regulation has been virtually non-existent in the Caribbean. That may change in the years ahead as twelve Caribbean Community (CARICOM) countries move forward with UN Biosafety Frameworks.