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Total European Union (EU) oilseeds area in MY 2020/21 is forecast to remain essentially flat compared to the previous year.
With the onset of the COVID-19 pandemic, it is difficult to generalize consumer behavior and market developments across all 27 EU Member States.
The EU is the world’s leader in wine production, while the U.S. remains the leading export market for the EU.
Growing demand for pet food is creating new opportunities for U.S exporters in both established and emerging markets worldwide.
The ability of U.S. agricultural and food exporters to penetrate the growing EU market is constrained by tariff and non-tariff trade barriers and increased global competition.
While trade in chocolate confectionery remains small relative to overall demand, U.S. exporters are finding opportunities in both developed and emerging markets around the globe.