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China’s cross-border e-commerce (CBEC) channel has maintained strong momentum since its inception as it allows exporters to offer zero tariffs, reduced value-added and consumption taxes, and streamlines customs clearance processes for specific...
On August 23, 2023, the Philippine Department of Agriculture issued Memorandum Circular No. 37 (2023), an Addendum to the Bureau of Animal Industry Memorandum Circular No. 26 (2021), which requires traders to submit a Feed Utilization Report and...
The Philippines has been a pioneer within Asia in adopting biotechnology crops, and recently approved Bt cotton as the 4th genetically engineered (GE) crop cleared for commercial propagation after corn (2002), rice (2021), and eggplant (2022). The...
Economic slowdowns in Indonesia’s export destination countries negatively affected its imports and consumption of wheat. Wheat imports for 2022/23 are revised down to 9.446 million metric tons (MMT) from the previous estimate of 9.526 MMT, reflecting...
Indonesia palm oil production for 2023/24 is revised down slightly to 45.8 million metric tons (MMT) due to lower yields from El Nino-induced dryness. Soybean consumption for 2022/23 is revised down on slower demand from the food sector. Reduced use...
Following a delayed start, China’s marketing year (MY) 23/24 cotton harvest concluded in November. Forecast cotton production is unchanged at 5.9 million metric tons (MMT) on lower planted area and yield. Cotton imports surged 114 percent in the...
The revision of the Malaysia’s Biosafety Act 2007 and Biosecurity Regulations are on-going, with no anticipated timeframe for publication. In addition, the Department of Biosafety Malaysia conducted a public consultation on Low-Level Presence (LLP)...
The Malaysian Government looks towards 2025 and B30 implementation. Interest in sustainable aviation fuel (SAF) is gaining traction and a few projects by the national oil company, Petronas and the state government of Sarawak are in the works.
In March 2023, Japan updated its transport biofuel standards. Japan will maintain annual target volume of on-road bioethanol at 824 million liters till March 2028. Boosting domestic production of sustainable aviation fuel (SAF), including alcohol-to...
Thailand has yet to finalize its Biodiversity Act. Since December 4, 2022, the Thai Food and Drug Administration has enforced two notifications regarding GE (termed “Genetically Modified” or GM) food imports, production and labeling.
Rice export prices increased 2-5 percent as the Thai baht strengthened.
Chinese buyers are traveling back to the United States and showing strong interest in U.S. products. Since the reopening of China to travel, four delegations have participation in reverse trade missions to the United States with many others traveling...