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Japan has a well-developed food retail market that demands high-quality, high-value agricultural and food products. Despite reduced economic activity during the COVID-19 pandemic, trade data show that agricultural imports have remained resilient.
U.S. exporters can find ample opportunities in the Iberian Peninsula. Spain is the third-largest European Union (EU) destination for U.S. agricultural products, with Portugal ranking 11th. In 2021, the United States exported $1.6 billion of agricultural products to Spain, or 15 percent of total U.S. agricultural exports to the EU. The United States held a 4 percent market share of Spain’s agricultural imports and 2 percent market share in Portugal, behind other EU member states as a group and Brazil.
As the 14th largest export destination, the United Kingdom (UK) has been an important and growing market for U.S. agricultural products. Shared heritage and cultural ties have continued to bolster U.S.-UK trade. The United States is the second largest UK agricultural supplier, behind the European Union (EU). The market presents many opportunities for intermediate and consumer-oriented products.
Kenya is a growing middle-income nation that acts as the economic, financial, and transport hub of East Africa. Kenya’s population demographic consists of a median age of 20 years, with 33.8 percent of the population between the ages of 25 and 54 years.
The U.S. Census Bureau's export data tracks U.S. food and agricultural trade shipped directly to Romania. However, it does not measure the substantial levels of the U.S. agricultural trade to Romania routed through Western European ports of entry.
In 2019, Macau’s retail food sector sales rose 7.3 percent to US$613 million, a positive growth trend forecast to continue, especially in segments where U.S. products have strong prospects...
On February 18, 2020, China announced a new round of tariff exclusions for U.S. agricultural commodities impacted by the retaliatory Section 301-tariffs levied by China.
An ongoing, severe economic and political crisis in the country has led to hyperinflation and contributed to falling U.S. agricultural product exports.
On February 6, 2020, the State Council Tariff Commission announced that China would cut in half the additional tariffs for certain commodities from the United States on February 14, 2020.
Agricultural trade with Taiwan is being impacted by new quarantine measures, port closures, vessel delays, and suspended flights as U.S. agribusiness exporters struggle to find available space....
Ukraine is a lower-middle income country in Eastern Europe. Its economy is rebounding after the political and economic turmoil of recent years.
Japan is the fourth largest market for U.S. exporters of food and agricultural products.