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Post forecasts production for marketing year (MY) 2024/25 at 0.89 million 480-lb bales, a similar level as in MY 2023/24. The planting area is expected to decrease due to farmers switching to more profitable crops, drought conditions, and limited access to water from dams.
In 2023, Hong Kong did not have any policy changes to regulations pertaining to genetically engineered (GE) products. GE products are subject to the same food regulations of conventional foods.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Hong Kong launches Delicious USA 2024 with a record 51 restaurants offering Hong Kong and Macau patrons a chance to “Taste the Finest”...
Sri Lanka’s agricultural biotechnology policies remain unchanged. Over the past year, there has been no progress in the approval of its draft Biosafety Act, which establishes a system to protect biodiversity, the environment and human, plant and animal health while minimizing the risks of biotechnology.
In terms of total volume, Mexico´s marketing year (MY) 2024/25 total deciduous fruit production is forecast nearly unchanged, with a small decline in pear production mostly offset by minor growth in apple and table grape production.
This document provides an overview of major Mexican agricultural and food-product laws and regulations, as well as related import standards and regulations.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong.
The competent Mexican authorities which regulate food and agricultural imports and/or require official U.S. export certificates include the Secretariat of Agriculture (SADER), Secretariat of Health (SALUD), Ministry of Environment and Natural Resources (SEMARNAT), and the Secretariat of the Treasury and Public Credit (HACIENDA) No significant changes occurred vis-à-vis Mexican import standards and regulations in 2023.
Mexico’s dairy market is forecast to expand in 2025. Higher milk and dairy ingredient availability are expected to increase domestic cheese and butter production.
On October 16 the Hong Kong Government (HKG) announced a significant reduction in the duty on imported alcoholic beverages with an alcohol content above 30 percent by volume.
Mexico’s retail sector remains a dynamic industry with sales reaching $78.4 billion in 2023. Although the majority of consumers still turn to traditional markets, modern chains like Walmart and Soriana continue to attract middle and high-income consumers.
Mexico’s 2024 peach production is forecast at 266,400 metric tons (MT), a three percent increase over 2023, driven by steady domestic demand and minimal exports.