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International Agricultural Trade Report

Opportunities for U.S. Agricultural Exports in Spain and Portugal

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.
The European Union’s (EU) dairy market seems to be slowly emerging from its recent “dairy crisis,” when EU farmers were faced with overproduction and the lowest commodity prices since 2009.
On Tuesday, February 28, the Standing Committee on Plants, Animals, Food and Feed (SCoPAFF) again failed to reach a qualified majority on the proposal on endocrine disruptor (ED) criteria.
Rice cultivation is input intensive as it needs high initial investments for land preparation and a significant amount of working capital to cover input costs.
Spanish egg producers experience a boom of export sales to newly opened markets....Will this trend last if the Spanish flock is infected by the Avian Influenza virus?