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The Bahamas source 90 percent of its consumer-ready products from the United States creating an environment of opportunity for U.S. suppliers of retail products in practically all product categories.
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.
The U.S. has long been the leading supplier of wines to the Philippines and, since 2009, the Philippines has been the largest U.S. wine market in Southeast Asia in terms of volume.
Food retail continues to grow, as retail chains spread across the country. This expansion is being driven by continued strong economic growth, which has led to a boom in consumer spending.
The Philippines is the largest export market in Southeast Asia and the 9th largest in the world for U.S. dog and cat food..
Combined efforts by the Foreign Agricultural Service office in Manila, the USA Dry Pea and Lentil Council, and the North Dakota Trade Office have helped to build a new market for dried legumes.
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.
U.S. agricultural exports to Southeast Asia have experienced extremely rapid growth in recent years and, in FY 2014, they climbed to a record $11.5 billion – up 11 percent from FY 2013.
FAS Manila worked with Veritas Quo (VQ), a California-based exporter representing popular wine brands to connect with several importers.
FAS Manila worked with Blue Diamond Growers (BDG) of California to connect with a new importer and build a bigger market for U.S. almonds in the Philippines.
Producing less than one percent of its growing dairy requirement of 1.886 MMT in 2014, the Philippines continues to be a major global importer of dairy products, especially milk powder.
The Philippines has for years mandated biodiesel and ethanol blending in local petroleum diesel fuel and gasoline.