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In 2023, for the second consecutive year, the United States remained the number one export market for Taiwan’s agricultural and related products, taking 17 percent (valued at $935 million) of Taiwan’s exports.
On December 26, 2023, Korea issued its flexible tariff Adjustment and Tariff Rate Quota list for certain agricultural, forestry and fishery products for calendar year (CY) 2024.
On January 1, 2024, Belgium took over the rotating Council of the EU Presidency for the following six months. In this role, Belgium will lead the European agenda within the Council and promote cooperation among Member States.
On February 19, the Government of India (GOI) published a notification that rescinded -effective February 20- the import duty of 10 percent for cotton with a staple length above 32 millimeters (mm).
This report outlines Jordan’s regulatory requirements for food and agricultural product imports. Jordan occasionally bans imports of specific products due to sanitary and phytosanitary (SPS) concerns.
Rice export prices further decreased 1-2 percent due to the weakening of the Thai baht.
Ukraine’s chicken meat production continued to recover in 2023, driven by low feed costs and stable energy supplies and macroeconomic environment. Facing lower world market poultry prices in the first three quarters of 2023, Ukrainian poultry producers concentrated on import replacement on the domestic market and exports to the European Union, under the tariff- and quota-free access granted to Ukraine in solidarity after Russia’s full-scale invasion.
In 2023, the total value of U.S. agricultural and related products exported to Taiwan was $3.7 billion, a decrease of 15 percent compared to the previous year.
FAS Mumbai forecasts marketing year (MY) 2023/24 cotton production at 26 million 480 lb. bales on 12.7 million hectares area planted, unchanged from the previous forecast. A strong pace of new crop arrivals during the first four months of the MY indicates a much larger crop size than previous trade estimates.
On January 26, 2024, the European Commission approved two genetically engineered crops (1 maize and 1 rapeseed) for food and animal feed. The two authorizations were published in the European Union’s Official Journal on January 30, 2024, and they remain valid for 10 years.
On January 10, the Quebec Ministry of the French Language launched consultations on the Draft Regulations, which includes necessary amendments and clarifications to Bill 96, An Act respecting French, passed on June 1, 2022.
The Competition Commission of South Africa, and independent body under the Department of Trade, Industry and Competition announced the launch of a comprehensive market inquiry that will seek to determine if the South African poultry industry is impeding, distorting, or restricting competition in a way that violates the South African Competition Act.