Caribbean Basin: Exporter Guide
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Hit hard by the COVID-19 pandemic (both in terms of public health and economic performance), the tourism-dependent Caribbean is anxiously awaiting a return to more normal times characterized by growing tourist arrivals, which in many ways are the economic lifeblood of the region. U.S. exporters, who supply roughly half of all agricultural products to the Caribbean, saw their sales to the region decline by 10 percent in 2020. To the extent the pandemic is brought under control and tourists return to the Caribbean in bigger numbers, economic recovery will gain momentum. During the first 10 months of 2021, U.S. agricultural suppliers have already seen their exports to the region rebound by 12 percent when compared to the same period a year earlier.