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With a gross domestic product of $548.6 billion and projected growth of 3.7 percent in 2025, the United Arab Emirates (UAE) ranks as the second-largest economy in the Arab world, with substantial consumer spending driven by high per capita income.
New Zealand continues to be an important market for U.S. agricultural exports. In 2024, New Zealand’s imports of U.S. agricultural products rose by $50 million compared to 2023 to $571 million.
The Government of New Zealand has introduced new legislation to the House of Representatives to ban large scale farm-to-forestry conversions.
New Zealand fluid milk production is estimated at 21.7 million metric tons (MMT) for the 2025 market year (MY). This is slightly above the previous 5-year average of 21.6 MMT and a slight increase compared to MY 2024.
The UAE's food processing sector is thriving, driven by robust economic growth and domestic consumption. The more than 570 predominantly small and medium-sized food and beverage processors cater primarily to local demand, while also aiming to meet regional and global needs.
New Zealand’s grain and feed sector is relatively small on a global scale, producing around 2.1 million metric tons (MMT) annually, well below the country’s total demand for feed, leading to the import of approximately 60 percent of its grain and feed needs.
Continuing economic growth; increasing tourism; a healthy hotel, restaurant, and institutional sector; and a growing population will lead the UAE’s wheat and rice consumption to grow in the 2025-2026 marketing year (MY).
This report provides an overview of the New Zealand wine market as of the publication date. New Zealand imports wine from all over the world, indicating that consumers in the country are open to exploring various wine regions.
Favorable pricing and weather conditions for New Zealand cattle farmers have resulted in a retention of finishing cattle on farms and less slaughter in 2024. Farm operations face challenges with continuing financial pressure such as high debt, increasing on-farm inflation, and declining farmgate margins.
The New Zealand government has introduced the Gene Technology Bill 2024, aiming to establish a modern regulatory framework for gene technology and genetically modified organisms (GMOs).
The United Arab Emirates, the Arab world's second-largest economy, will continue to offer growing and dynamic market opportunities for U.S. exporters in the food service--hotel, restaurant, and institutional sector through the end of 2024 and beyond.
The UAE promotes biotechnology through a research ecosystem focused on innovation. Notable advances center on plant biotechnology such as quinoa and salicornia, in addition to the date palm.