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Vietnam’s cotton imports for marketing year 2024/25 (MY 2024/25) are estimated at 6.8 million bales, up 4 percent over MY 2023/24 based on an expected recovery in global demand for textiles and garments by late 2024.
The Government of Vietnam (GVN) issued Decree 144/2024/ND-CP on November 1, 2024, lowering Most-Favored-Nation (MFN) tariff rates on soybean meal to one percent from two percent. The Decree will enter into force on December 16, 2024.
On October 1, 2019, El Salvador agreed to harmonize the biosafety technical regulation for “modified living organisms” for agricultural use with Guatemala and Honduras and designated the Ministry of Agriculture as the National Competent Authority to provide authorizations and keep registries related to biotechnology.
This report provides an unofficial translation of Vietnam's Government Decree 120/2024, issued on September 30, 2024.
Growth in the agricultural sector slowed in the first nine months of 2024 due to extreme weather, particularly Typhoon Yagi, which severely affected crop cultivation and livestock farming.
This report provides examples of the significant export certificates and other documents required by the government of El Salvador for U.S. exports of food and agricultural products.
Since August 7, 2024, the Superintendence for Sanitary Regulation has been responsible for food and beverage product registration in El Salvador.
In 2023, Portuguese imports of agriculture, fish and forest products from the United States reached $294 million, two percent higher than previous year.
Vietnam’s food retail market consisted of over 665,000 outlets generating sale revenue of $55 billion in 2023, up four percent compared to 2022. Although the global economic downturn has slowed growth, key retailers remain optimistic about the potential of Vietnam's retail market.
Post maintains Vietnam’s soybean meal consumption forecast for the marketing year (MY) 2023/24 at 5.85 million tons, aligned with feed consumption. It expects consumption to rise to 6.1 million tons in 2024/25 due to increased demand for animal and aquafeed.
Hai Phong is Vietnam’s third largest city with a rising population of over 2 million. Notably, it is the largest port city in northern Vietnam, containing three main terminals within the Hai Phong port hub.
In 2023, U.S. agriculture exports to El Salvador reached $860 million, a slight drop of 12 percent compared to 2022 due mainly to lower wheat and oil seeds imports. However, the consumer-oriented products category saw a promising increase from $349 million to $364 million, marking a 4.4 percent growth.