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Despite being one of the largest oil palm-producing countries, Nigeria relies on imports to bridge its supply gap. Private sector investors are expanding oil palm production and increasing processing capacity to take advantage of the prevailing strong domestic and international market demand and high prices.
Nigeria continues to strive for self-sufficiency in oil palm production. Currently, production remains stable. Meanwhile, demand for palm oil outweighs supply. Nigeria meets the supply gap in oil palm through imports from Malaysia, China, and Côte d’Ivoire.
Damage to port facilities in New Orleans during Hurricane Ida caused significant delays to shipments of U.S. feed grains to Costa Rica, where the poultry, pork, and dairy sectors rely almost exclusively on U.S. suppliers.
The West African nations of Côte d’Ivoire, The Gambia, Ghana, Nigeria, and Senegal are home to some of the largest cities in the region...
In June 2019, the Nigerian government formulated a new policy to invest some $500 million in expanded palm oil production.
Nigeria’s animal feed sector remains underdeveloped, largely due to high production costs.
Since the United States entered into the CAFTA-DR trade agreement, U.S. agricultural exports to the six CAFTA-DR countries have more than doubled.
Central America and the Caribbean, with their close geographical and economic ties to the United States, have always been an important market for U.S. agricultural exports.
Recent high-profile activism against biotechnology has created uncertainty among those involved in production and research of biotechnology products in Costa Rica.
Costa Rica is a major importer of raw materials and ingredients for food processing in Central America, creating opportunities for U.S. products such as beef, pork, wheat, soybeans and vegetables.