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- (-) July 2024
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Red Sea shipping remains unstable, with attacks on ships transiting this crucial maritime corridor surging recently. This has led to unpredictable shipping schedules, caused freight costs to almost triple, and transit times to more than double.
In 2023, Portugal imported almost $294 million worth of agricultural, fish, and forestry products from the United States. Outside the European Union Member States, the United States was the third main origin of Portuguese agricultural and related imports.