Browse Data and Analysis

This report is one in a series of product briefs highlighting the tariff benefits for specific commodities and products from Year 3 (2021) to Year 5 (2023) of the agreement.

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.

While trade tensions and China’s retaliatory tariffs slashed U.S. agricultural exports to China in 2018 and 2019,

Japan is the fourth largest market for U.S. exporters of food and agricultural products.

The U.S.-Japan Trade Agreement (USJTA) entered into force on January 1, 2020.

Vietnam, Thailand, and Burma (Myanmar) are part of the fastest developing region in the world and account for roughly 221 million of Southeast Asia’s population.

Following seven consecutive years of growth, Japan’s hotel, restaurant, and institutional (HRI) food service industry achieved record sales of ¥33.1 trillion ($299.8 billion) in 2018.

Taiwan is an important trading partner and offers many opportunities for sales of U.S. food and agricultural products.

Infographic showing U.S. agricultural exports to Panama in 2016. Total U.S. agricultural exports reached $670 million.

Line graphic illustrating the effects of the U.S. - Colombia free trade agreement which went into effect in 2012.

Infographic showing U.S. agricultural exports to Colombia in 2016. Total U.S. agricultural exports reached $2.4 billion.

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.