Caribbean Basin
U.S. Trade with Caribbean Basin in 2022
Total Export Value
$5.83 Billion
3-Year Average
$4.93 Billion
Compound Average Growth
3.8% (2013-2022)
Total Export Value 2013 - 2022
Export Value by Commodity 2022
Top 10 Exports to Caribbean Basin in 2022
Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
---|---|---|---|---|
Poultry Meat & Prods. (excl. eggs) | $684.36 Million | 502,630 | $484.84 Million | 55% |
Forest Products | $457.35 Million | --- | $364.6 Million | 52% |
Soybean Meal | $322.35 Million | 632,985 | $293.55 Million | -0% |
Dairy Products | $322.32 Million | 64,761 | $219.84 Million | 68% |
Wheat | $307.49 Million | 768,303 | $232.21 Million | -4% |
Pork & Pork Products | $299.75 Million | 103,713 | $143.99 Million | 202% |
Corn | $296.05 Million | 941,679 | $215.94 Million | 53% |
Rice | $278.39 Million | 434,101 | $248.81 Million | 24% |
Beef & Beef Products | $239.77 Million | 28,661 | $166.74 Million | 97% |
Tobacco | $219.26 Million | 19,697 | $126.58 Million | 123% |
Resources
Data and Analysis
Sales in the Caribbean retail grocery sector decreased by 1.7 percent in 2022, primarily as the result of closing retail outlets in the French West Indies.
The Caribbean’s rebound from the economic downturn induced by the COVID-19 pandemic has been slow. Anxious for better times, the region is looking ahead at 2023 and hoping for improved tourist arrivals that will spark a return to more robust economic growth.
With international funding to develop and implement biosafety regulatory systems drying up in 2019, Caribbean biosafety regulatory efforts remain in idle mode. The region is seeking further funding from the United Nations Environmental Program/Global...