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Malaysia ratified the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP) on Friday, September 30, 2022, becoming the ninth out of eleven countries to ratify the agreement.
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...
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.
The implementation of the CAFTA-DR agreement and favorable market conditions have resulted in more franchises and supermarkets.
Since the United States entered into the CAFTA-DR trade agreement, U.S. agricultural exports to the six CAFTA-DR countries have more than doubled.
Free Trade Agreements (FTAs) help expand foreign markets for U.S. producers and exporters by reducing trade barriers, fostering a more stable and transparent environment for trade and investment...
Graphic illustrating the growth of U.S. agricultural exports in response to trade agreements over the past 70 years.
The United States is the world’s largest producer of beef but it also imports more beef than any other country.
Central America and the Caribbean, with their close geographical and economic ties to the United States, have always been an important market for U.S. agricultural exports.
With implementation of the CAFTA-DR agreement, U.S. agricultural exports to the region have surged and continued growth is expected.