The Agribusiness Value Chain

The AgriBusiness Value Chain Trade and Investment Challenges and Opportunities Dav-Ernan Kowlessar Caribbean Association of Industry & Commerce

Contents

• The CAIC • Pattern of CARICOM Trade 5 years to 2016 • The AgriBusiness Value Chain • Challenges • Opportunities

The Caribbean Association of Industry and Commerce

36

1955 Founded

Mission

Vision

Representation

Began as a private sector mission of the West Indian Incorporated Chambers of Commerce

Facilitate development, growth and competitive positioning of Caribbean Businesses and represent their interests

Create Caribbean Private Sector that is internationally competitive and cohesive in its approach to challenges and opportunities

ACS definition of the Caribbean – Central America, Coast of South America and bordering islands of the Caribbean Sea Basin

www.carib-commerce.org

Overview of Trade Major Sources of CARICOM Imports 2011-2016 Rest of the World 15%

Major Destinations of CARICOM Exports 2011-2016 Selected Asian Countries 3%

CSME 13%

Selected Asian Countries 13%

Rest of the World 13%

CSME 15%

EU 14% USA 33%

EU 10%

LAIA 13%

USA 43%

LAIA 16%

Source: Snapshot of CARICOM’s Trade: Series 2 CARICOM’s Total Trade Summary by Trading Partners 2011-2016

Overview of Trade

Source: Snapshot of CARICOM’s Trade: Series 2 CARICOM’s Total Trade Summary by Trading Partners 2011-2016

Overview of US Trade - Imports

Source: Snapshot of CARICOM’s Trade: Series 3 CARICOM’s Trade with USA, Canada and NAFTA 2011-2016

Overview of US Trade - Exports

Source: Snapshot of CARICOM’s Trade: Series 3 CARICOM’s Trade with USA, Canada and NAFTA 2011-2016

The AgriBusiness Value Chain

AgriBusiness Sustainability Suppliers Disaster Risk Reduction MSMEs

Challenges

- Impact of Derisking on SMEs - Mercantilism Power and its effects on Forex and representation - Informal to Formal sector based on regulatory requirements - Innovation at a cost - Waste reduction in the Supply Chain

Opportunities

- Innovation allows for new SMEs to emerge with modern technology - Blockchain technology can make doing business “easier�

- Trade Agreements up for review Cotonou, EPA, CBI, new markets with new rules and opportunities - Framework of HR4939 allows for increased trade with US to export through tourism channels and directly

Contact Us

P.O. Box 6541 TTPOST Maraval Trinidad & Tobago

www.carib-commerce.org Facebook.com/theCAIC

1 (868) 628 4478

administration@carib-commerce.org