Opportunities for U.S. Snack and Confectionery Exports to Latin America

Opportunities for U.S. Snack and Confectionery Exports to Latin America Two key free trade agreements – the Dominican Republic-Central America Free Trade Agreement (or CAFTA-DR) and the U.S.-Panama Trade Promotion Agreement – have stimulated U.S. agricultural exports to Latin America and created new markets for U.S. exports of snacks and confectionery goods thanks to reduced tariffs on processed food products. Over the past five years, U.S. snack food and confectionery exports to the CAFTA-DR countries (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic) have grown nearly 15 percent, from $148.5 million in 2015 to $170.2 million in 2019, with wheat and corn-based snacks, cookies, and frozen pastries performing particularly well. In Panama, total U.S. snack and confectionery exports have remained steady over past five years, totaling $60.5 million in 2019, with sales of corn chips, nuts, and sugar confectionery all experiencing multi-million-dollar growth. Please click here to read more >>   Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need to use your email address to log in. If you have questions or problems with the subscription service, please visit subscriberhelp.govdelivery.com. This service is provided to you at no charge by USDA Foreign Agricultural Service. This email was sent to ooseims.archieves@blogger.com using GovDelivery Communications Cloud on behalf of: USDA Foreign Agricultural Service · 1400 Independence Avenue, SW · Washington, DC 20250