The United Arab Emirates' food processing sector is expanding due to significant public and private sector investments, low regional tariffs, and a convenient geographic location bolstered by excellent infrastructure.
The United Arab Emirates (UAE) is home to 9.8 million people. It ranks among the world’s richest in terms of per capita wealth. According to the International Monetary Fund in 2020, the UAE had a gross domestic product (GDP) of $421 billion, and a per capita spending level in line with that of developed economies, $35,000.
The United States is one of the top three leading suppliers of imported consumer oriented agricultural products to the United Arab Emirates (UAE) with a total of $737 million in 2020, a 29.8 percent decrease from 2019 due to the novel coronavirus (COVID-19) outbreak.
Overall U.S. agricultural and related product exports to the United Arab Emirates, Oman, Qatar, and Kuwait (GCC-4) are higher by 3 percent from January to March 2021 compared to the same time last year.