Browse Data and Analysis

In 2021, Honduras was the 48th largest export market of U.S. totaling US$6.51 billion. The total value of Agricultural only U.S. exports was US$1.14 billion, including US$316.78 million in processed food.

Ranked No.1 in both the facility registration by China’s General Administration of Customs (GACC) and the feed product registration by China’s Ministry of Agriculture and Rural Affairs (MARA), the United States accounts for 20 percent of Chinese imported pet food market share and is poised to expand.

Food and drink production is the UK’s largest manufacturing sector. UK consumers demand products containing a wide range of ingredients, some of which cannot be sourced entirely in the UK.

El Salvador’s food manufacturing sector has kept a fast pace in terms of increasing production levels. Food manufacturers took the challenging environment caused by the pandemic as an opportunity to evolve and add new items to their food lines.

The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.

The food processing industry in China continues to develop and expand, creating products for the most populous country of consumers with increasingly distinguished tastes. Nutritious and healthy options are popular, as are bakery products and beverages.

South Africa is a middle-income emerging market with a well-developed agribusiness sector that plays a significant role in job creation and economic growth. Although largely self-sufficient in agricultural production, South Africa offers some opportunities for U.S. exports, especially in the food ingredients sector.

According to the Brazilian Food Processors' Association (ABIA), the country's food processing sector registered revenues of R$922.6 billion (US$171 billion) in 2021, an increase of 16.9 percent compared to 2020. Although the country has suffered from the COVID-19 pandemic, the advances in vaccination and a rebound in the service sector have contributed to the industry's performance.

The Italian food-processing industry continues to be highly fragmented, characterized by a growing consolidation of smaller companies. The leading players tend to employ multichannel strategies, which have helped them to offset food service losses with higher sales in the retail channel during the COVID-19 pandemic.

Korea has a strong food processing industry that manufactures a wide variety of food and beverage products. It also relies heavily on imports to fulfill its food and agricultural needs.

Philippine demand for imported high-quality food and beverage ingredients remains strong, despite supply chain disruptions, rising inflation, and logistical challenges.

This report provides information to U.S. exporters of agricultural and related products on how to do business with the Food Processing industry in Panama. It is primarily a service-based economy, but food processing is one of its top industries.