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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 February 22, 2021, South Africa's International Trade Administration Commission (ITAC) initiated antidumping duty investigations on bone-in chicken imports from...
COVID-19 had an unexpected effect on the Spanish food distribution sector. Spanish consumers spent $3.7 billion more at supermarkets compared to 2019.