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Rwanda is a growing economy with a young population and expanding retail sector that offers opportunities for U.S. agricultural and food exports. The country’s increasing demand for safe, high-quality products coupled with the growth of modern retail and e-commerce platforms creates favorable entry points.

In 2024, Portugal imported $413 million worth of agricultural, fish, and forestry products from the United States, up 40 percent compared to the previous year.

This report describes the agricultural biotechnology sector in Portugal, covering production and trade, policy, and marketing aspects. It includes topics related to plant, animal, and microbial biotechnology.

Bolivia announced on October 19 the approval of Intacta, a new biotech soybean variety with insect resistant Bt and glyphosate resistant traits. Intense drought and more unpredictable weather are disrupting Bolivian farmer livelihoods and they see the Intacta approval as one helpful step towards improved crop productivity and environmental resilience.

In 2023, Portuguese imports of agriculture, fish and forest products from the United States reached $294 million, two percent higher than previous year.

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.

In 2023, Portugal imported $293 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.

On February 21, 2024, The Government of Rwanda (GoR) published a new biosafety law providing requirements for the transit and utilization of living modified organisms (LMOs) produced through modern biotechnology techniques. This law enters effect immediately.

This report presents an overview of Portugal’s soybean and products market. Soybean and soybean product imports to Portugal combined amount on average to nearly 1.4 million metric tons (MT) per year.

U.S. exporters can find ample opportunities in the Iberian Peninsula. Spain is the third-largest European Union (EU) destination for U.S. agricultural products, with Portugal ranking 11th. In 2021, the United States exported $1.6 billion of agricultural products to Spain, or 15 percent of total U.S. agricultural exports to the EU. The United States held a 4 percent market share of Spain’s agricultural imports and 2 percent market share in Portugal, behind other EU member states as a group and Brazil.

On May 5, 2022, trade and finance ministers from East African Community (EAC) member countries agreed to raise minimum common external tariffs from 25 to 35 percent on several agricultural products.

In 2021, Portugal imported $244 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.