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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.
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.
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...
Rice export prices decreased one percent despite the strengthening of the Thai baht.
The General Administration of Customs of the People's Republic of China (GACC) Bureau of Import and Export Food Safety (BIEFS) recently updated the list of products and codes subject to Decree 248. The PRC has not notified these changes to trade...
Indonesia’s Halal Product Assurance Agency (BPJPH) recently promulgated a new decree requiring imported products’ halal certificates issued by foreign halal certifying bodies be registered with BPJPH prior to the importation and distribution of the...