Confectionery
U.S. Confectionery Exports in 2024
Total Export Value
$878.15 Million
Total Volume
175,464 Metric Tons
3-Year Average
$820.17 Million
Compound Average Growth
3% (2015-2024)
Market | Total Value (USD) |
---|---|
Canada | $459.44 Million |
Mexico | $106.75 Million |
United Arab Emirates | $42.64 Million |
European Union | $38.44 Million |
United Kingdom | $35.38 Million |
Australia | $24.72 Million |
Panama | $12.01 Million |
Saudi Arabia | $10.22 Million |
South Korea | $10.09 Million |
Japan | $9.25 Million |
Data and Analysis
The United States is a major trading partner with the Dominican Republic (DR). The DR is the largest economy in the Caribbean and the seventh-largest economy in Latin America. Since the Dominican Republic-Central America Free Trade Agreement (CAFTA-DR) went into effect for the DR in 2007, U.S. agricultural exports to the DR have increased from $1 billion in 2007 to $2 billion in 2024.
Between 2018 and 2024, U.S. exports of confectionery products have skyrocketed from $4 million to $28 million and exports of chocolate and cocoa product grown from $16 million to a record high $31 million.
In 2023, Peru was the 28th-largest market for U.S. agricultural exports, valued at $851 million, making it the 3rd-largest market in South America. The U.S.-Peru Trade Promotion Agreement (PTPA) entered into force in February 2009, and U.S. agricultural exports reached $1 billion for the first time in 2014, peaking at $1.36 billion in 2018. The United States accounts for 14 percent of Peru's agricultural import market share, positioning it as the second-largest supplier to the country.
News and Features
The U.S. Department of Agriculture’s Foreign Agricultural Service is now accepting applications for its agribusiness trade mission to Hong Kong, scheduled for May 12-16, 2025. Current and potential U.S. exporters interested in participating must apply by Jan. 30, 2025.
Regardless of where you live or what language you speak, treating that special someone in your life to delicious food is a universal act of love. If you are looking for ideas on how to show your love this Valentine’s Day, look no further. The U.S...
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