United Arab Emirates: COVID Fells US Ag Exports to GCC-4 by 22 Percent in 2020

In 2020, due to the ongoing coronavirus pandemic U.S. exports fell by 22 percent or $420 million to the Gulf Cooperation Council 4 (GCC-4), comprised of the United Arab Emirates (UAE), Oman, Kuwait, and Qatar. The United States was the most impacted of any agricultural exporter to the region, with Canada being the exception and gaining significant market share in 2020. Reflecting the broader economic recovery in the Arabian Gulf, U.S. agricultural exports improved by 31 percent from Q3 to Q4 2020, but remain well below 2019 export levels.

United Arab Emirates: COVID Fells US Ag Exports to GCC-4 by 22 Percent in 2020