NEWS

FAO — Only Three Caribbean Countries Produce More Than 50% Of Their Food

The Food and Agriculture Organization (FAO) has shown in a recent report that only three Caribbean countries produce more than 50 percent of their food consumption.

 The countries named in the report are Guyana, Haiti, and Belize.

The FAO says other CARICOM countries, on average, spend more than 50 percent of the value of their exports on food imports, and the share is rising.

The report says the extremely high dependence on imported food leaves the region highly exposed to shocks in global agriculture commodity prices.

The Caribbean spent US$4.75 billion on food imports in 2018. However, this is expected to rise further between US$8 billion to US$10 billion this year.

Readers Bureau

Edited by Jesus Chan

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