UAE F&B Imports From Latin America hit $1.9 Billion in 2020 as Country Boosts Food Security

Press release

Published February 17th, 2022 - 08:12 GMT

UAE F&B Imports From Latin America hit $1.9 Billion in 2020 as Country Boosts Food Security

Key findings of the analysis will be discussed at the 4th Global Business Forum Latin America, taking place March 23rd-24th at Expo 2020 Dubai.

Highlights

The UAE’s food and beverage imports from Latin America reached $1.9 billion in 2020 as the Gulf country expanded its efforts to enhance food security

The UAE’s food and beverage imports from Latin America reached $1.9 billion in 2020 as the Gulf country expanded its efforts to enhance food security, new analysis from Dubai Chamber of Commerce finds.

The findings, released on the sidelines of Gulfood 2022, will be discussed in further detail at the 4th Global Business Forum Latin America, which takes place March 23rd-24th in Dubai. The high-level forum, organised by Dubai Chamber of Commerce in partnership with Expo 2020 Dubai, is bringing together heads of state, government and business leaders, and industry experts from Latin America, the Caribbean and the UAE to explore new avenues of economic cooperation.

Food and beverage exports from Latin American markets to the UAE accounted for 12% of the country’s total food and beverage imports in 2020, according to the analysis, which is based on data from the UAE’s Federal Competitiveness and Statistics Centre (FCSC) and International Trade Centre.

Latin America is an important economic partner that can support the UAE achieve the goals outlined under its National Food Security Strategy 2051,

Background Information

Dubai Chamber of Commerce and Industry

We are a non-profit public organization whose mission is to represent, support and protect the interests of the business community in Dubai. It does so by creating a favourable environment; promoting Dubai as an international business hub and by supporting the development of business.