Browse Data and Analysis

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.

In March 2021, Iceland’s Minister of Fisheries and Agriculture announced his intention to allocate ISK 970 million ($7.5 million) in financial support for Icelandic sheep and cattle farmers.

The Dominican Republic’s food processing industry was valued at $2.2 billion as of September 2018 ($2.8 billion in Calendar Year [CY] 2017) in activities categorized as “food industry,”....

The Dominican Republic’s food processing industry was valued at $2.6 billion in 2016, with an additional $723 million for processed beverages and tobacco.

In 2016, the Dominican Republic was the fifth-largest market, valued at almost $484 million, for U.S. consumer-oriented products in the Western Hemisphere after Canada, Mexico, Colombia and Chile.

The Dominican Republic is scheduling the import of Tariff Rate Quotas (TRQs) established under the CAFTA-DR for rice and powdered milk for Calendar Year 2017 (CY17).

The Dominican Republic is the fifth largest market for U.S. consumer oriented products in the Western Hemisphere, after Canada, Mexico, Colombia and Chile, with exports reaching $451 million in 2015.

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.