Record 2011 U.S. Food Exports to the GCC-5 Countries

A Lastest News about Food , Beverages and Tobacco in the United Arab Emirates

Posted on: 24 Mar 2012

In 2011, the combined U.S. food exports to the GCC-5 countries reached a record level, growing from $86 million in 1986 to $ 1.43 billion.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary Public - Date: 3/11/2012 GAIN Report Number: UAE 2012-001 United Arab Emirates Post: Dubai Record 2011 U.S. Food Exports to the GCC-5 Countries Report Categories: Market Development Reports Approved By: Jude Akhidenor Prepared By: Mohamed Taha Report Highlights: In 2011, the combined U.S. food exports to the GCC-5 countries (Bahrain, Kuwait, Oman, Qatar and the UAE) reached a record level, growing from $86 million in 1986 to $ 1.43 billion. General Information: U.S. Food and Agricultural Exports to the GCC-5 (Bahrain, Kuwait, Oman, Qatar and the UAE) countries covered by OAA Dubai reached a milestone in 2011. Over the past 25 years, U.S. food and agricultural exports to the GCC-5 grew exponentially from $86 million in 1986 to $ 1.43 billion in 2011. The UAE has been the largest market for U.S. food exports among the GCC-5. In 2011 U.S. agricultural exports to the UAE reached unprecedented level of $ 1 billion, compared to only $ 32 million in 1986. While the export growth was relatively slow during the eighties and nineties, it surged during the past decade to reach the current record level. Consumer ready products (CRP) representing more than 50 percent of the total exports, recorded the highest growth. Unparalleled quality, innovation, growing popularity and trusted food safety were the driving tools behind the growth. Moreover, the introduction of U.S. consolidators into the market and their willingness to accommodate small orders of food importing companies encouraged UAE small retailers and food distributors to enter into business relationships with U.S. export houses. The latest UAE import trade statistics show that the U.S. is currently the largest CRP exporter, as well as one of the top 5 food exporters to the UAE. Intermediate products came second as a growing demand. While U.S. food exports to the GCC are surging, they face intense competition from similar products from Canada, Australia, India and several other countries. However, if the prevailing macro and micro economics conditions remain unchanged, OAA Dubai expects U.S. food exports to the GCC to continue to grow in the coming years.
Posted: 24 March 2012

See more from Food , Beverages and Tobacco in the United Arab Emirates

Expert Views    
UAE- Food and Agricultural Import Regulations   By Foreign Agricultural Service
Food and Agricultural Import Regulations and Standards   By Foreign Agricultural Service
UAE-Food and Agricultural Import Regulations   By Foreign Agricultural Service
Hot Tips    
Food Laws in United Arab Emirates   By Foreign Agricultural Service
Importation of Milk Products in United Arab Emirates   By Foreign Agricultural Service