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In January 2024, Nigeria became the second country in Africa to approve the commercial release of four biotech (TELA) maize varieties.
This report covers food and agricultural import regulations and standards in the United Arab Emirates. U.S. agricultural suppliers are advised to consult with local importers prior to shipping to verify application of these requirements on their products.
This report identifies certificate requirements for U.S. food and agricultural products destined for the United Arab Emirates. This report is to be used in conjunction with the 2024 Food and Agricultural Import Regulations and Standards Country Report for the United Arab Emirates.
New Zealand has signed a free-trade deal with the United Arab Emirates - the fastest agreement the country has ever reached. After negotiations began in May, the country's trade negotiators concluded the deal in four months.
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.
Imports of wheat, rice, and corn in marketing year (MY) 2024/25 are estimated to increase as the economy stabilizes, inflation decreases, and the government implements a temporary zero-duty import policy for the afore-mentioned commodities until December 31.
Australia and the United Arab Emirates announced that negotiations on a new trade agreement, the Australia-United Arab Emirates Comprehensive Economic Partnership Agreement, have concluded.
The UAE’s chicken meat production is forecast to grow by 17 percent in 2025, supported by governmental initiatives such as feed subsidies and technological investments. Consumption is expected to rise by 6 percent due to population growth, increased consumer spending, and a thriving tourism sector.
On August 14, Nigeria’s Customs Service publicly released implementation guidelines that temporarily waives all import (and associated levy) taxes for rice, sorghum, millet, corn, wheat, and beans until December 31, 2024. This policy was announced in mid-July by the Minister of Agriculture to “to ameliorate food inflation in the country.”
Unlike the many smaller trade shows in Nigeria, Food and Beverage (FAB) West Africa 2024 stood out as a well-attended, well-organized, and diverse trade show featuring snack and processed foods, confectionery products, beverages, food ingredients, dairy products, grains, seafood, and food service equipment.
Nigeria is the most populous country in Africa, with a relatively young and urbanizing populace. While there are clear food and agricultural export opportunities, the weakened economy is still making its way out of a very difficult 2023. Consumers are contending with food price inflation, and wages have not kept pace with the increase in living costs.
With a gross domestic product of $536.83 billion and projected growth of 4.2 percent in 2024, the United Arab Emirates (UAE) ranks as the second largest economy in the Arab world, with substantial consumer spending driven by high per capita income.