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Nigeria is one of Africa's largest retail consumer markets, however in 2023-2024, difficult economic conditions and changing government policies have taken a bite out of the country's food retail prospects. This report provides an overview of Nigeria’s retail sector, including market entry strategies, structure, distribution channels, and best export prospects.
In 2023, Honduras’s consumer-oriented imports from the United States reached $553 million, making it the second-largest importer in Central America, after Guatemala.
The total value of US agricultural exports in 2023 was USD 1.3 billion, down 4 percent from the previous year. Bulk products fell USD 53 million, while intermediate products rose USD 23 million. The main staple foods are white corn (maize), beans, and rice, with corn being consumed more than wheat or any other grain.
On March 14, the Central Bank of Nigeria (CBN) officially noted the lifting of restrictions on sourcing foreign exchange to import dairy products. Previously, only six designated companies could source foreign exchange from the government to import dairy products.
This report provides the latest updates in Nigeria’s Hotel, Restaurant, and Institutional (HRI) sector and provides a road map for U.S. exporters wishing to enter the market. While Nigeria has Africa's largest potential consumer base, consumer...
Honduras is the twenty-seventh most important export destination for consumer goods from the United States. Honduras' imports for fiscal year 2022 was $522.6 million, ranking second only to Guatemala in Central America and sixth in the Americas.
Honduras is the 24th largest market for U.S. agricultural exports, and the third largest market under the Free Trade Agreement (CAFTA-DR), which entered into force for Honduras in 2006.
Honduras ranks twenty sixth as an ?export destination for consumer-oriented products from the United ??States?. Honduras’s imports were valued in US$ 462.8 million, second only to Guatemala for the Central American region, and seventh in the Americas.
In 2021, Honduras was the 48th largest export market of U.S. totaling US$6.51 billion. The total value of Agricultural only U.S. exports was US$1.14 billion, including US$316.78 million in processed food.
“Sips” (such as wine, beer, and spirits) and snacks (including potato chips, baked foods, fruit and nut mixes, and peanuts/peanut butter) are growing segments of sub-Saharan Africa’s...
Two key free trade agreements – the Dominican Republic-Central America Free Trade Agreement (or CAFTA-DR) and the U.S.-Panama Trade Promotion Agreement – have stimulated U.S. agricultural exports...
The West African nations of Côte d’Ivoire, The Gambia, Ghana, Nigeria, and Senegal are home to some of the largest cities in the region...