Browse Data and Analysis

This report provides U.S. food and agriculture exporters information on how to do business with the Hotel, Restaurant, and Institutional (HRI) sector in Panama.

As a result of millions of religious pilgrims, foreign workers, and a developing tourism industry Saudi Arabia has a large and resilient HRI sector.

In 2020, Post estimates poultry production in Saudi Arabia was 900,000 metric tons (MT) with that total jumping to 910,000 MT in 2021 based on official data released by the Saudi Ministry of Environment, Water and Agriculture (MEWA) as well as discussions with major poultry producers.

On April 15, 2021, the Saudi government represented by the Saudi Grains Organization (SAGO) handed back the barley imports and distribution business to the private sector by selling 1.84 million metric tons (MMT) of barley through an open and competitive bidding process to six local grain traders.

New measures by the Saudi Food and Drug Authority will have serious repercussions on the Saudi import poultry market.

This report provides information to U.S. exporters of agricultural and related products on how to do business with the retail food sector in Panama.

Post anticipates a significant increase in U.S. high-value food product exports to Saudi Arabia in 2021 due to expansion of the retail sector.

Those seeking to take advantage of the tariff benefits stemming from the U.S.-Panama Trade Promotion Agreement should ensure their products comply with rules-of-origin requirements to avoid fines and back duty assessments.

On April 15, 2021, the Saudi government fully implemented its November 2020 decree to privatize the barley import sector.

Panama is a tourism destination and a regional logistics hub

Saudi Arabia is the largest economy in the Arab world and home to a growing food manufacturing and processing sector as a result of favorable trade agreements, population growth and rapid socioeconomic changes.

Saudi Arabia is the largest economy in the Arab world and home to a growing food manufacturing and processing sector as a result of favorable trade agreements, population growth and...