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Bolivia announced on October 19 the approval of Intacta, a new biotech soybean variety with insect resistant Bt and glyphosate resistant traits. Intense drought and more unpredictable weather are disrupting Bolivian farmer livelihoods and they see the Intacta approval as one helpful step towards improved crop productivity and environmental resilience.
In 2023, French food and agricultural imports from the United States reached $1 billion. While exporting to France can be challenging, there are many opportunities for U.S. suppliers.
The French food processing industry mobilizes more than 19,000 companies, of which nearly 98 percent are small and medium sized enterprises (SMEs). The sector generates $230 billion in annual revenue, and it indirectly contributes to nearly 2 million jobs in France.
While France has no commercial production or field trials of genetically engineered (GE) crops, the French livestock industry depends on imported GE feed, especially soybeans, rapeseed, and corn. The French scientific community and many farmers are...
In 2023, French food and agricultural imports from the United States reached $1 billion. While exporting to France can be challenging, there are many opportunities for U.S. suppliers.
As a member of the European Union, France implements EU regulations for the import of animal and plant products.
France, as a member of the European Union (EU), generally follows EU directives, regulations, and obligations.
France is the world’s leading tourist destinations. Revenues are returning to pre-covid standards since France earned 58 billion in 2022 thanks to foreign tourism.
In 2022, the agri-food market in France was strongly impacted by inflation, recorded at 5.3 percent. This price increase has impacted the most modest strata of society and has cut into their ability to buy. Consumers are moving away from big brands to less expensive distributor brands.
In 2022, the French food processing sector encompasses approximately 17,300 companies ranging from small family-owned businesses to some of the world’s largest multinationals.
During Covid-19, the French government designated the retail sector as essential. Retail companies were authorized to continue operations. The nationwide lockdown and the closing of restaurants gave a significant boost to the retail sector.
With 91 million visitors in 2019, France is one of the world’s leading tourist destinations. Tourism accounted for 7.5 percent of GDP, providing employment to 1.5 million people. In 2020, the COVID-19 pandemic reduced the flow of visitors by almost 55 percent, triggering a loss of nearly 160,000 jobs. The Hotel, Restaurant, and Institutional (HRI) sector saw a decrease in total sales revenue to $64 billion, a 30 percent decline from the previous year.