Food imports

11 Dec

Food Import Hits US$817M In H1

wontumionlineBusinessFood imports

Ghana imported consumer-oriented food products worth $817 million between January and July 2024, marking a 13% increase ($104 million) compared to the same period in 2023, according to the USDA. The country heavily relies on imports to support local processors and meet consumer demand, with 2023 imports totaling $1.36 billion. The U.S. remains Ghana's fourth-largest supplier, with a 37% growth in food exports to Ghana ($65 million), competing with the EU (31% market share) and China (25%). Key imports include rice, poultry, and dairy products, with Ghana importing 55% of its rice consumption. A proposed trade policy aims to reduce…

19 Sep

Ukraine Sues EU Neighbours Over Food Imports Ban

wontumionlineNewsEU, Food imports, UKRAINE

Ukraine has filed lawsuits to the World Trade Organization (WTO) against Slovakia, Poland and Hungary over their bans on food imports from Kyiv. It said such restrictions were a violation of international obligations by Ukraine's EU neighbours. They say the bans are needed to protect their farmers from cheap imports. Russia's full-scale invasion of Ukraine last year all but closed the main Black Sea shipping lanes and forced Ukraine to find alternative overland routes. That in turn led to large quantities of grain ending up in central Europe. Farmers in those countries have since held protest rallies, saying that Ukrainian…