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This report presents an overview of Spain’s soybean and products market. Imports of soybean and soybean products to Spain amount on average to nearly 6 million metric tons (MT) per year. The robust, dynamic, and export-oriented livestock sector drives the country’s feed ingredients demand.
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.
There is no legal impediment to the use of biotechnology in El Salvador. Genetically engineered (GE) corn field trials were successfully completed.
Spain remains the largest grower of biotech corn in the European Union and a major consumer of genetically engineered soybean meal in animal feed.
Salvadoran restaurants and hotels continue to benefit from growth in the tourism sector, especially the business/convention and emerging surf sectors.
During 2019, the Salvadoran retail sector, valued at approximately $4.5 billion, continues to show positive signs of growth as supermarkets and discount stores have expanded operations.
Spain is the largest grower of biotech corn in the European Union (EU) and a major consumer of genetically engineered (GE) soybean meal in animal feed.
Total EU oilseeds area and production in MY 2018/19 is forecast slightly upward due to increasing acreage of all three major oilseeds (rapeseed, soybean and sunflower).
Total EU-28 oilseeds production for marketing year (MY) 2015/16 is expected to decline by about 9 percent to 32 million metric tons (MMT).
Since the United States entered into the CAFTA-DR trade agreement, U.S. agricultural exports to the six CAFTA-DR countries have more than doubled.
Timely spring rains and mild temperatures have contributed to improve yields expectations after a rather dry winter.
Total EU-28 oilseeds production for marketing year (MY) 2015/16 is expected to decline by about 9 percent to 32 million metric tons (MMT).