Data and Analysis

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Consul General Greg May and ATO Hong Kong Open the USA Pavilion and Welcome U.S. Exhibitors at Asia Fruit Logistica 2024; The U.S. Dairy Export Council Showcases the Diversity of U.S. Cheese to Hong Kong Buyers...

Since 2014, Venezuela’s total meat consumption has declined 57 percent due to prolonged economic downfall. Nevertheless, since 2019, an improved economic environment has led to stabilized beef production and significant growth in the poultry sector. In 2024, total per capita meat consumption is forecast to be 32.4 kilograms, growing 83 percent from its 2018 record low.

The Dominican Republic (DR) is the third-largest export market in the Western Hemisphere for U.S. consumer-oriented products. In 2023, U.S. exports of these products to the DR exceeded $1 billion, largely due to strong demand from foreign tourism and the retail sector.

With the Philippines as one of the fastest-growing economies in Southeast Asia, Post sees the retail sector growing five percent as modern retail stores continue to expand.