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On February 1, 2023, India’s Ministry of Finance, Department of Revenue issued Notification No. 02/2023-Customs in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i) (official gazette), whereby it sets the import duty tariff rate for pecans, HS code 0802.9900, at 30 percent, effective April 1, 2023.

On February 1, 2023, the Ministry of Finance, Government of India presented its annual Union Budget to the Lok Sabha (lower parliament house) for Indian fiscal year 2023/2024 (April 1-March 31). In its Finance Bill, 2023 (No. 02/2023-Customs), the Finance Ministry announced changes in customs and central excise duty rates for various commodities, including pecans.

Japan has a well-developed food retail market that demands high-quality, high-value agricultural and food products. Despite reduced economic activity during the COVID-19 pandemic, trade data show that agricultural imports have remained resilient.

India's tree nut imports continue to surge, with demand growing despite a tariff stranglehold.

FAS New Delhi's soybean production forecast for marketing year (MY) 2020/2021 (October-September) remains unchanged at 10 million metric tons (MMT), but on 12 million hectares against previous...

From September 16, 2020, Japan allows imports of all varieties of U.S. in-shell walnuts to Japan.

Peanuts are popular in Korea and consumed in a variety of ways. Demand for peanuts and peanut butter is steady.

Korean consumers value tree nuts for their health benefits. Most tree nuts are imported.

Post estimates Ukraine’s walnut production at 126 thousand metric tons (TMT) for marketing year (MY) 2020/21.

Tree nut production in Australia has surged in recent years and prospects are for continued rapid expansion in production for a number of years.

For MY2020/21, Post projects Chilean almond production to reach 11,000 metric tons (MT), and exports to increase to 9,500 MT or 35 percent, assuming unchanged planted area...

Imports and sales of U.S. tree nuts in marketing year (MY) 2019/20 are above MY 2018/19 year, despite the challenging market dynamics. U.S. almond exports to Bulgaria during the first nine months...