Browse Data and Analysis

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.

On April 28, 2015, the European Parliament approved the reform of the Renewable Energy Directive (RED), which includes a 7 percent cap on food crop based biofuels for the transport sector.

This report provides an overview of the priorities and work plans for 2016 of the different EU institutions (European Commission, Council of the European Union, European Parliament).