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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.
Australian wheat and barley producers faced challenges during difficult seasonal conditions in most major production regions.
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...
In 2023, Australia's foodservice industry was worth A$59 billion (US$39.1 billion). However, rising inflation and the overall cost of living have hindered its growth in 2023 and 2024.
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.
All foods sold in Australia must comply with a range of laws designed to protect consumer, plant, and animal health. These laws apply equally to imported and locally produced foods.
This report lists examples of the major export certificates and other documentation required by the Government of Australia for U.S. exports of food and agricultural products. Australia’s import requirements for food and agricultural products are complex and change frequently.
Australia is a prosperous and industrialized nation with a stable economy. The country’s strong economy underpins its open and transparent trade and investment environment and trade and economic links with emerging economies, particularly in Asia.
Food Standards Australia and New Zealand (FSANZ) have updated the laws on allergen labeling for foods sold throughout Australia and New Zealand. The new allergen labeling laws are called PEAL – Plain English Allergen Labelling.
Australia’s food, beverage, and grocery sectors, contribute to a third of all business activity in the manufacturing landscape.
Australia is a crucial market for U.S. fresh fruits because of the year-round demand for high-quality products. The U.S. has benefitted from a well-established reputation for producing quality and safe fruits.
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.