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Saudi Arabia is a major market ($1.55 billion) for U.S. food and agricultural products, and there are plenty of opportunities to export a wide range of new-to-market U.S. food products.
On April 1, 2024, Angola issued Presidential Legislative Decree No. 1/24 – a new Schedule for Customs Tariffs of Import and Export Duties. The new tariff schedule aims to generate more government revenue while also protecting domestic production.
With the development of several billion-dollar projects and nearly 30 million visitors a year, the future for U.S. grain exports is bright. Post anticipates Saudi rice imports to increase approximately five percent over the next several years due to expansions in the food service sector.
Post forecasts 2024 imports will be fall by 4.5 percent to 210,000 metric tons (MT). Since the presidential elections in 2022, Angolan chicken meat imports have been decreasing due to devaluation of the Angolan currency (kwanza) and growing food price inflation.
Angola currently does not allow the production of genetically engineered (GE) plants or animals. Food aid imports containing GE ingredients are permitted with certain conditions.
The report summarizes Angola’s general food laws, regulatory authorities, major import/export procedures, food and packaging/labeling regulations, registration measures, and other trade facilitation issues. At the end, it provides contact information...
The Kingdom of Saudi Arabia’s (KSA) regulations allow the importation of biotech plant products, but they are required to be labeled if they contain more than one percent genetically engineered (GE) plant ingredients.
Saudi Arabia was the 22nd largest market ($1.58 billion) for U.S. food and agricultural products in 2022, an increase of 18 percent compared to 2021.
The General Food Security Authority (GFSA), an agency of the Saudi Ministry of Environment, Water and Agriculture (MEWA), purchased approximately 1.2 million metric tons (MMT) of locally produced wheat in MY2022/23.
U.S. exports of consumer-oriented food products to Saudi Arabia increased 23 percent over the past year to a record $656 million due to expansions in online shopping platforms.
Located on the west coast of southern Africa, Angola borders the four nations of the Democratic Republic of the Congo, the Republic of the Congo, Namibia, and Zambia. Approximately 10 percent of arable land is used for agriculture, with food production falling short of consumer demand, making Angola reliant on imports to meet its needs.
With a population of nearly 36 million people, including a segment of high-income consumers looking for quality imported products, Angola presents an array of export opportunities for U.S. food and agricultural products.