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- (-) April 2023
- (-) South Africa
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New changes to Panama's import requirements reflected in this report are for fresh potatoes, poultry products, and sanitary registrations for pet food, raw materials, ingredients and additives.
Panama recognizes the certificates and standards of the U.S. regulatory and sanitary inspection system, based on the United States – Panama Agreement regarding certain sanitary and phytosanitary measures and technical standards affecting trade in agricultural products, of December 20, 2006, simplifying requirements for the importation of U.S. food and feed products.
The March 2023 Essential Food Price Monitoring Report published by South Africa’s Competition Commission provided a deep dive into the poultry value chain.
South Africa has experienced an upsurge in oilseed plantings over the past 20 years with a near nine-fold expansion in soybean area. Post foresees that the positive trend in soybean plantings will continue in marketing year 2023/24 with area and oilseed production reaching historically high level of 1.8 million hectares and 3.6 million metric tons, respectively.
This report provides information to U.S. exporters of agricultural and related products on how to do business with the Food Processing industry in Panama. It is primarily a service – based economy, but food processing is one of its top industries.
South Africa is on course to produce a fourth consecutive bumper corn crop in MY 2022/23, which creates a bearish outlook on local corn prices and will limit growth in the area to be planted with corn in MY2023/24.
This report provides more information on the South African food processing sector, including strategies for U.S. exporters interested in entering the market.