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U.S. exports of agricultural products to Guatemala in 2022 increased 11.2 percent from 2021, reaching $1.8 billion. The Guatemalan economy relies on foreign exchange generated by international trade, remittances, and the tourism sector.
Kenya’s consumer-oriented food imports increased 9 percent to $529 million in 2022. This increase was fueled by a positive economic recovery from COVID-19-related disruptions, a sound macroeconomic environment, and a shift in consumer preferences towards convenience, variety, and international cuisines.
Malaysia’s demand for high quality imported food and beverage products continues to grow moderately.
The United States exported a record $540 million of agricultural and related products to Nicaragua in 2022, fueled largely by record-high remittances from Nicaraguan migrants.
This report provides information to U.S. exporters of agricultural and related products on how to do business in Panama. Panama is an attractive market for exporting U.S. agricultural food products.
As one of the world’s fastest growing markets, the Philippines presents export opportunities for U.S. food and beverage products including dairy, poultry, pork, beef, processed and fresh vegetables, fresh fruit, food preparations, sauces, condiments, chocolate and cocoa products, chewing gum and candy, dog and cat food, and bakery products.
Romania has been a growing market for U.S. food and agriculture exports. Romania’s total resident population is 19.05 million people, which is a marginal increase from last year, with about 48 percent living in rural areas (2023 data).
South Africa is an important market for agricultural products from the United States. The country is a favorable site for enterprises due to its developing market, which facilitates the effective transportation of both imported and domestically produced agricultural products to major urban centers and the greater Southern Africa region.
Turkiye is among the world’s leading economies and home to a young, mostly urban population of 85.3 million people. This dynamic has fueled the country’s rising demand for consumer-oriented agricultural products.
In 2022, U.S. exports of consumer-oriented products to Bangladesh were valued at $9.5 million, accounting for less than 1 percent of the market share of the $2 billion in consumer-oriented products Bangladesh imported.
Bosnia and Herzegovina (BiH) maintains a significant trade deficit in its agro-food sector. In 2022, food imports reached $2.5 billion, while exports were valued at $595 million.
The exporter guide provides an economic and market overview, as well as trends and practical tips for U.S. exporters on how to conduct business in Costa Rica in 2024.