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The European Commission will allocate €132 million (approximately $138 million) towards promotion activities for EU agri-food products in 2025.
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.
After two consecutive years of short olive oil production, MY 2024/25 olive oil output in the EU is expected to revert to average levels on good flowering conditions and a mild summer. Fall precipitation will be critical to final production volumes.
This report provides an overview of EU food and feed legislation currently in force for the EU. USDA Foreign Agricultural Service (FAS) staff reviewed and updated all sections of this annual report.
On October 8, 2024, the European Commission approved four genetically engineered crops (corn and cotton) for food and animal feed. The four authorizations were published in the European Union’s Official Journal on October 10, 2024, and they remain valid for 10 years.
This guide provides an overview of health certificates needed for exporting plants, animals, foods, and other animal origin products to the European Union.
EU milk production in 2025 is forecast to decline marginally to 149.4 million metric tons (MMT), from an estimated 149.6 MMT in 2024, as a result of declining cow numbers, tight dairy farmer margins, environmental regulations, and disease outbreaks.
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.
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.