To read this content please select one of the options below:

Latin America food exports to Gulf will expand further

Content type:: Expert Briefings
Location:: LATIN AMERICA/GULF STATES
Keywords associated with this article:: Geographic: Latin America Gulf states LA/C Argentina Brazil Mexico LATIN AMERICA/GULF STATES

Topical: economy industry international relations social agriculture fishing food foreign trade soft commodities health population tourism
ISSN:: 2633-304X
Citation:: Oxford Analytica (2021), "Latin America food exports to Gulf will expand further", Expert Briefings.
https://doi.org/10.1108/OXAN-DB258733

Wednesday, January 13, 2021

Significance

The GCC imports around 85% of the food its member countries consume domestically, and the share of Latin American products as a proportion of the GCC’s total food imports has increased from 10% in 2015 to almost 14% in 2019.

Impacts

Pandemic-induced adoption of innovations such as e-commerce will provide opportunities to expand food exports.
Post-pandemic recovery in tourism may eventually boost the GCC’s need for food imports.
Growth in other markets will be crucial to help reduce LAC’s dependence on key markets such as China and the United States.

To read this content please select one of the options below:

Significance

Impacts

Related articles

All feedback is valuable

Report an issue or find answers to frequently asked questions