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In 2023, Morocco was the second-largest export market for U.S. agriculture on the African continent, importing over $610 million in U.S. agricultural products, accounting for over 16 percent of all U.S. exports to Africa. The United States has seen total exports quadruple and agricultural exports double since entering into a free-trade agreement (FTA) with Morocco in 2006.
Morocco has become the 15th-largest fruit exporter in the world by value. According to the most recent estimates (2019) by the Food and Agriculture Organization of the United Nations (FAO), 66 percent of its land area is devoted to agriculture, with more than 7 percent devoted to fruit production.
The United Arab Emirates (UAE) is home to 9.8 million people. It ranks among the world’s richest in terms of per capita wealth. According to the International Monetary Fund in 2020, the UAE had a gross domestic product (GDP) of $421 billion, and a per capita spending level in line with that of developed economies, $35,000.
As countries roll back COVID-19 restrictions, foreign market demand for beef is becoming a bright spot for U.S. producers.
In the first quarter of 2021, U.S. soybean exports reached the second-highest value ever at $7.7 billion, nearly double the same period last year.
Strong foreign demand and reduced competition have sharply boosted exports to record levels for U.S. corn in 2020/21.
Egypt and Algeria are two of North Africa’s most rapidly growing markets for the food and beverage (F&B) processing and manufacturing sectors.
The Gulf Cooperation Council (GCC) is a regional political and economic treaty organization comprised of the Arabian Gulf nations of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE.
Free Trade Agreements (FTAs) help expand foreign markets for U.S. producers and exporters by reducing trade barriers, fostering a more stable and transparent environment for trade and investment...
The United States is the world’s largest producer of beef but it also imports more beef than any other country.
U.S. ethanol exports rebounded in 2014, with value and volume both up approximately 35 percent from the previous year, although still below the record set in 2011.
U.S. exports of corn-based products have experienced rapid growth in the past decade, reaching a value of $7.6 billion in fiscal year 2014, up 16 percent from the previous year.