A new bilateral trade agreement between the United States and Benin has facilitated increased exports of flaxseed by-products, including screenings and scalpings, to meet Benin's growing demand for agricultural inputs.
2023-10-15
Impact: This agreement is expected to increase US exports of flaxseed by-products to Benin by 15% over the next year, strengthening trade ties.
Benin Imposes Quality Standards on Flaxseed Imports
Benin has introduced stricter quality control measures for imported flaxseed by-products from the US, focusing on screenings and scourings to ensure compliance with local agricultural standards.
2023-09-20
Impact: US exporters may face additional costs and delays to meet Benin's new quality requirements, potentially affecting trade volumes in the short term.
US Flaxseed By-Product Shipments to Benin Rise Amid Regional Demand
Recent data shows a 10% increase in US shipments of flaxseed screenings and chaff to Benin, driven by heightened demand in West Africa for livestock feed components.
2023-08-05
Impact: This surge in demand could lead to stronger market opportunities for US producers, though supply chain constraints may limit growth.
Policy Updates
Benin Revises Import Tariffs on Flaxseed By-Products
Benin has reduced import tariffs on flaxseed by-products, including screenings and scourings, from 12% to 8% as part of a broader agricultural trade policy to support local farmers and feed industries.
