Browse Data and Analysis

In 2023, Spain imported $2.2 billion worth of agricultural, seafood and forest products from the United States, up 3 percent compared to the previous year. Even though inflation rates declined in 2023 as compared to the record highs registered in 2022, they remained higher compared to pre-pandemic levels.

Rice export prices stayed virtually unchanged as the strengthening of the Thai baht offset the downward price pressure from new off-season MY 2023/24 rice supplies entering the market.

On February 21, 2024, The Government of Rwanda (GoR) published a new biosafety law providing requirements for the transit and utilization of living modified organisms (LMOs) produced through modern biotechnology techniques. This law enters effect immediately.

Post lowers marketing year (MY) 2023/2024 production to 49.5 million metric tons (MMT), still nearly double last year’s crop, based on a stretch of dry and hot weather in the major production areas despite previous ideal rains following planting.

The People's Republic of China (PRC) is one of the largest producers and consumers of seafood in the world. In particular, live seafood products represent a significant market opportunity given the United States advanced cold chain facilities and ability to transport live seafood.

On February 9 and February 12, 2024, China notified the revised draft National Food Safety Standard of General Principles for the Labeling of Prepackaged Foods to the World Trade Organization (WTO) under G/SPS/N/CHN/1295 and under G/TBT/N/CHN/1827.

FAS India (New Delhi, Mumbai) (Post) is updating the earlier GAIN-INDIA | IN2020-0195 | FSSAI Publishes Regulations for Alcoholic Beverages report.

This report aims to educate U.S. food manufacturers on the unique and subtle differences in doing business in Canada, relative to the United States.

Attacks by Houthi rebels in Yemen on commercial vessels have resulted in many shipping companies rerouting away from two of the world's busiest shipping routes — the Red Sea and Suez Canal.

On February 29, 2024, India's Ministry of Agriculture and Farmers Welfare (MoAFW) released its Indian crop year (ICY) 2023/2024 (July-June) Second Advance Estimate. The MoAFW is forecasting grain production (excluding the summer crop) lower at 309.3 million metric tons (MMT) compared to 313.6 MMT last year on expected lower production of rice, corn, and other coarse grains, while wheat and barley production is forecast higher at new record levels.

Due to rising insecurity in grain producing regions and higher input costs affecting planting decisions, corn and rice production is expected to decline in marketing year (MY) 2024/25.

FAS New Delhi (Post) forecasts India's market year (MY) 2024 (January-December) cattle herd at 307.42 million head, up marginally from 307.4 million head in 2023. A gradual pace of growth is likely to persist in the short- to medium-term.