#CFEA #export #canadian #food #Canada #foodandbeverage #export #UAE
The Canadian Food Exporters Association (CFEA) in partnership with the Quebec Agri-Food Export Group, and the Trade Commissioner Service, announced a trade mission to Dubai, UAE taking place from December 12-16, 2022.
The United Arab Emirates (UAE) is the second largest economy in the Middle East after Saudi Arabia, with a GDP of $421 billion and a growth rate of 1.7 percent in 2019. 90% of the population are foreign nationals and they import approximately 80% of their agri-food requirements, according to CFEA.
Canada is the fifth largest exporter of agri-food and seafood products to the UAE, exporting Can$986.0 million with a 5.1% market share. Processed food and beverage exports to the UAE were valued at Can$11.7 billion in 2019. Canada’s share was only 0.4%. With the increased use of ecommerce and digital payments this number can grow.
The objectives of this mission are to:
- Raise awareness of the Middle East as a potential market for value added products.
- Explore opportunities by meeting with interested importers, distributors and buyers.
- Gain recognition for Canada as a supplier of high quality, safe food.
- See trends in the region for value-added products.
Comments are closed, but trackbacks and pingbacks are open.