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This report highlights the food processing industry, its drivers, key players, and market landscape in the Caribbean Basin. The region relies heavily on imports, and the United States is the largest supplier of food ingredients.

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.

The Caribbean Basin region has a robust and competitive hotel/restaurant/institutional (HRI) sector. Tourism is a major economic driver, accounting for nearly 9 million visitors in 2023, almost 50 percent of which arrived from the United States...

Hungary is a member of the European Union (EU) and follows EU directives and regulations, including those relating to the importation of food products. This report provides an overview of food laws in force in Hungary that cover areas that are not...

Hungary, as a member of the European Union (EU), applies EU regulations to imports of agricultural products. U.S. export certification requirements for most products destined for the EU have been harmonized. Products not yet harmonized are subject to...

Maintaining Hungary’s GE-free status remains a government priority. Although the country’s scientific and breeding institutions were supportive of genome editing, the EC’s legislative proposal on NGTs was caught in a political crossfire in October 2023.

Access to the benefits of modern agricultural biotechnology in the Caribbean Basin remains stifled by the unfinished work of implementing a science-based, risk-management approach to regulate its use.

Although Hungary regained its avian influenza-free status on July 3, 2024, the disease has returned.

In the Caribbean region, sales value in the retail grocery sector increased by 3 percent in 2023. This is due in part to the rise in tourism in many markets, which is boosting economic growth. The largest grocery retail markets are Trinidad and Tobago, Guadeloupe, and the Bahamas.

As tourists flock back to the Caribbean in larger numbers and island economies regain their footing after being challenged by global inflation, competition, and other headwinds, opportunities for U.S. suppliers are slowly emerging. While hurdles remain present on the horizon, U.S. suppliers are finding resilient Caribbean buyers to be excellent partners on the road to commercial success.

Zambia’s production of its staple crop, corn, is expected to drop by more than 50 percent in marketing year 2024/25, due to extended dry spells associated with the El Niño event. Almost a million hectares of corn have been destroyed by the drought that forced the Zambian President to declare a “National Disaster and Emergency”.

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.