Caribbean Basin
U.S. Trade with Caribbean Basin in 2024
Total Export Value
$5.49 Billion
3-Year Average
$5.32 Billion
Compound Average Growth
4.7% (2015-2024)
Total Export Value 2015 - 2024
Export Value by Commodity 2024
Top 10 Exports to Caribbean Basin in 2024
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Poultry Meat & Prods. (excl. eggs) | $730.7 Million | 487,111 | $537.87 Million | 103% |
| Pork & Pork Products | $380.63 Million | 127,241 | $197.29 Million | 276% |
| Soybean Meal | $342.95 Million | 786,447 | $295.45 Million | 8% |
| Rice | $342.07 Million | 436,410 | $269.32 Million | 57% |
| Dairy Products | $323.75 Million | 73,042 | $242.07 Million | 69% |
| Beef & Beef Products | $282.41 Million | 32,354 | $192.97 Million | 70% |
| Wheat | $257.06 Million | 925,174 | $218.37 Million | 16% |
| Baked Goods | $235.2 Million | 79,783 | $180.35 Million | 60% |
| Tobacco | $204.97 Million | 17,720 | $153.91 Million | 103% |
| Other Consumer Oriented | $183.05 Million | 23,856 | $122.16 Million | 94% |
Data and Analysis
This report highlights the food processing industry, its drivers, key players, and market landscape in the Caribbean Basin. The region relies heavily on imports, and the United States is the largest supplier of food ingredients.
International Agricultural Trade Report
U.S.-Dominican Republic Agricultural Trade: Growth and Opportunities Ahead
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.
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...