Browse Data and Analysis

Post revised down Indonesia palm oil exports estimate to 27.9 million metric ton (MMT) on lower supplies, higher domestic use and expected reduced export demand for 2023/24. Palm oil use for the biodiesel industry is revised down to 12.3 MMT for 2023/24 on lower-than-expected biodiesel distribution in 2023.

In 2024, political uncertainty will continue to diminish, and GDP will grow between 1.25 and 2.25 percent due to a recovery in consumption. This will bring opportunities for U.S. exporters looking to ship products to Chile. Agricultural GDP grew firmly in the past three years, reaching $28.9 billion in 2023.

U.S. exporters should ensure that they apply for the correct certificate from the relevant U.S. government authority.

Mexico’s 2024 federal government budget for the Secretariat of Agriculture and Rural Development (SADER) is USD 4.3 billion, a five percent increase compared to the 2023 budget.

On January 26, 2024, the Department of Trade, Industry and Competition (DTIC) together with the International Trade Administration (ITAC) announced the decision to implement a 25 percent rebate on bone-in cuts and 30 percent rebate on boneless chicken of imported chicken.

MY2023/24 rice and corn production forecasts remain unchanged. MY2023/24 wheat imports are revised up to 3.0 MMT.

In January 2024, Nigeria approved the commercial release of four TELA maize varieties, which have been genetically engineered for improved insect-resistance and drought-tolerance. In addition to South Africa, Nigeria has become the second country in...

Pet food demand in Türkiye continues to rocket higher as pet ownership, especially for dogs and cats expands. Sales of dog and cat food soared to $127 million in 2022 and are set to more than double to $300 million by the end of 2027. About two...

On January 4, 2024, the Ministry of Agriculture and Rural Affairs (MARA) published a revised “National Standard for Seed of Economic Crops - Part 2: Oil Species (Draft for Comments)." The revised draft standard pertains to seeds for sowing/planting...

On January 12, 2024, the People’s Republic of China (PRC) Ministry of Agriculture and Rural Affairs (MARA) announced its approval of one new feed variety, three new varieties of feed additives, and the addition of five feed additives and five feed...

On January 19, 2024, China’s State Administration for Market Regulation (SAMR) released a letter soliciting public comments on an update to the Food Safety Law. The revision added new registration requirements for liquid formula milk for infants and...

On January 1, 2024, the Government of Morocco (GOM) published Circular # 6519/222, announcing the required tariff changes under the U.S.-Morocco Free Trade Agreement (FTA) for Calendar Year 2024. The circular includes tariffs, tariff-rate quotas...