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Korea was the 5th largest country importer of the U.S. agricultural and related products in 2023. The United States is the leading supplier of imported consumer-oriented agricultural products for Korean retail industry, shipping $4.9 billion in 2023.
The Government of Morocco has released its final wheat and barley production numbers for the 2024 crop, including 1.77 MMT of common wheat, 0.70 MMT of durum wheat, and 0.65 MMT of barley, about 43 percent down from the previous year’s crop.
Australia and the United Arab Emirates announced that negotiations on a new trade agreement, the Australia-United Arab Emirates Comprehensive Economic Partnership Agreement, have concluded.
Egypt’s wheat imports for marketing year (MY) 2024/25 (July – June) are estimated at 12.5 million metric tons (MMT), up by 11.4 percent from Post’s earlier estimate, due to an increase in the availability of foreign currency to facilitate imports.
Chicken production in South Korea will continue its gradual growth trend through 2024 and into 2025, as poultry inventories recover from productivity challenges in 2023 and fend off a 2024 outbreak of HPAI.
Morocco notified WTO G/SPS/N/MAR/106 on August 7, 2024. The notification concerns animal feed additives registration. Comments are due October 6, 2024.
The UAE’s chicken meat production is forecast to grow by 17 percent in 2025, supported by governmental initiatives such as feed subsidies and technological investments. Consumption is expected to rise by 6 percent due to population growth, increased consumer spending, and a thriving tourism sector.
The Exporter Guide provides an economic and market overview, as well as demographic trends and practical tips for U.S. exporters on how to conduct business in Israel.
The exporter guide provides an economic and market overview, as well as demographic trends and practical tips for U.S. exporters on how to conduct business in Egypt.