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An ongoing, severe economic and political crisis in the country has led to hyperinflation and contributed to falling U.S. agricultural product exports.
This report provides information to U.S. exporters of agricultural and related products on how to do business in Chile.
Costa Rica’s economy growth rate slowed in 2018 to 2.7 percent compared with an average rate of growth of 3.8 percent over the ten previous years.
In 2018, U.S. agricultural exports to Jamaica reached $482 million.
The Brazilian economy continues to grow at a modest pace.
Colombian Gross Domestic Product (GDP) grew at 2.7 percent in 2018, higher than other Latin American economies.
Canada was once again the leading destination for U.S. food and agricultural exports in 2018, with total export value close to $21 billion.
U.S. exports of consumer-oriented products to Aruba reached an all-time high of $74 million in 2016 and are on pace to reach another record level in 2017.
The Government of Ecuador has announced several new trade measures that, while framed as a way to curb smuggling and tax fraud, also appear to be protectionist in nature.
With over $1.3 billion in U.S. agricultural products exports to the DR, the country represents the sixth largest market for U.S. agricultural products in Latin America.
In 2014, Canada remained the top destination for U.S. exports of high-value agricultural products, with a total of $17.2 billion.