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Those seeking to take advantage of the tariff benefits stemming from the U.S.-Panama Trade Promotion Agreement should ensure their products comply with rules-of-origin requirements to avoid fines and back duty assessments.
On December 18, 2020 the Guatemalan Ministry of Economy officially adopted the 6th Amendment of the Harmonized Commodity Description and Coding Systems (HS) for international trade...
Two key free trade agreements – the Dominican Republic-Central America Free Trade Agreement (or CAFTA-DR) and the U.S.-Panama Trade Promotion Agreement – have stimulated U.S. agricultural exports...
Consumers continue to perceive U.S. food products as high quality, wholesome and reliable, which has resulted in a continuous growth in demand.
Production for Marketing Year (MY) 2020 is forecast at 2.02 million metric tons (MT), 1 percent above MY2019: a slight increase in area but yields continue at a very low 2.05 MT per hectare (Ha).
Infographic looking at U.S. agricultural trade with Panama which saw $683 million in agricultural exports from the U.S. in 2018.
On April 26, 2019, Guatemalan Customs began implementation of a policy change allowing for multiple corrections to CAFTA-DR Certificates of Origin (COO).
Column chart comparing the change in value of U.S. agricultural exports before and after key trade agreements.
Line graph showing the total U.S. agricultural exports to the northern triangle region of the Central America. Total exports in 2016 equaled $2.2 billion.
Central America’s Northern Triangle – which includes El Salvador, Guatemala, and Honduras – offers significant market opportunities for exporters of U.S. farm and food products.
LIne graph showing the growth of U.S. ag exports to Panama from 2002-2016. U.S. ag exports to Panama in 2016 reached $670 million.
Infographic showing U.S. agricultural exports to Panama in 2016. Total U.S. agricultural exports reached $670 million.