Caribbean Basin
U.S. Trade with Caribbean Basin in 2023
Total Export Value
$5.2 Billion
3-Year Average
$4.96 Billion
Compound Average Growth
3.1% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Caribbean Basin in 2023
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Poultry Meat & Prods. (excl. eggs) | $680.25 Million | 513,116 | $508.69 Million | 55% |
| Soybean Meal | $360.93 Million | 663,473 | $297.38 Million | -0% |
| Pork & Pork Products | $354.99 Million | 121,766 | $169.57 Million | 243% |
| Rice | $325.07 Million | 438,134 | $258.81 Million | 37% |
| Dairy Products | $299.02 Million | 66,953 | $230.6 Million | 43% |
| Beef & Beef Products | $255.71 Million | 27,391 | $180.16 Million | 66% |
| Tobacco | $252.01 Million | 19,517 | $141.96 Million | 195% |
| Baked Goods | $223.65 Million | 75,438 | $175.32 Million | 21% |
| Wheat | $223.3 Million | 639,378 | $222.42 Million | -25% |
| Corn | $190.73 Million | 693,851 | $215.64 Million | -28% |
Resources
Data and Analysis
Demand for U.S. consumer-oriented products in the Caribbean region reached $1.5 billion in 2022, a 26 percent gain compared to the previous year.
Over a dozen Caribbean countries are Parties to the Cartagena Protocol on Biosafety. With an aim toward meeting their obligations under this agreement, many have been working toward establishing their National Biosafety Frameworks for many years.
Sales in the Caribbean Hotel, Restaurant, and Institutional (HRI) food service sector increased by 11 percent in 2022.