Browse Data and Analysis

On December 22, 2023, President Ferdinand Marcos, Jr. signed Executive Order No. 50 (EO 50) extending lower tariffs on pork, corn, and rice for another year or until December 31, 2024. EO 50 was published on December 26, 2023, and took effect immediately upon publication.

FAS Manila maintains its September 2023 forecast for rice and corn production and imports, but lowers its forecast slightly for wheat imports to 6.0 million metric tons.

This year ATO Osaka organized various promotional activities across western Japan, reaching 24 million consumer through in-person events, print, television, radio, and social media. ATO Osaka hosted the largest USA pavilion ever at the FABEX Kansai trade show and debuted the first-ever USA pavilion at the Food Style Kyushu trade show.

Japan’s MY 2022/23 mandarin production recovers from last year’s historically lowest production. However, overall Japanese citrus planted area and production is on a downward trend amidst aging farmers, labor shortages, and a lack of successors for running farms.

The Japanese food market was valued at $564 billion in 2022 with retail sales accounting for $327 billion (58 percent) and foodservice sales accounting for $237 billion (42 percent). Japan relies on imports from other countries for the bulk of its food supply.

The Government of Japan announced a new economic stimulus package of 17 trillion yen ($113 billion) on November 2, 2023.

Japan has decided to fully enact the revised Clean Wood Act from April 1, 2025.

Japan’s Ministry of Health, Labour and Welfare (MHLW) proposed revisions to Japan’s maximum residue levels for 5 agricultural chemicals (Flonicamid, Fluoxastrobin, Polyoxorim-zinc, Prothiofos, and 3-Nitrooxypropanol) for various agricultural commodities.

Following more than two decades of flat or declining prices, the Japanese economy has experienced sustained price rises over the past year and a half due to global geopolitical factors as well as a significant weakening of the Japanese yen against the U.S. dollar.

The Philippines is expected to experience economic growth between 2025 and 2070, due to a shift in its demographics, necessitating a robust and efficient food distribution system.

On August 23, 2023, the Philippine Department of Agriculture issued Memorandum Circular No. 37 (2023), an Addendum to the Bureau of Animal Industry Memorandum Circular No. 26 (2021), which requires traders to submit a Feed Utilization Report and...

The Philippines has been a pioneer within Asia in adopting biotechnology crops, and recently approved Bt cotton as the 4th genetically engineered (GE) crop cleared for commercial propagation after corn (2002), rice (2021), and eggplant (2022). The...