Browse Data and Analysis

U.S. agricultural exporters of consumer-oriented products are well-positioned to increase sales to Guatemala. In 2023, U.S. consumer-oriented export values reached a third-consecutive record on 15 percent growth from the previous year (Figure 3).

On October 4, 2024, the Philippine Department of Agriculture amended Department Order No. 16 (2024), removing mechanically deboned or separated meat of chicken (HS Code 0207.14.91) from the list of agricultural products subjected to a price-based special safeguard (SSG) measure. T

Post forecasts demand for dairy products to increase 2 percent to 3 million metric tons (MMT) in liquid milk equivalent (LME) in 2025.

Starting October 1, 2024, the Philippines moved to a B3 or 3 percent coco-methyl ester (CME) biodiesel mandate, from 2 percent previously. The blend will gradually increase to 4 percent in October 2025, and to 5 percent in October 2026.

The Philippine Department of Agriculture issued Department Order No. 16 (2024) on October 1, 2024, requesting the Bureau of Customs to continue imposing price-based special safeguard (SSG) measure on thirteen (13) agricultural tariff lines and impose price-based SSG on four (4) additional agricultural products.

This report contains the list of all the mandatory export certificates required by the Government of Guatemala for agricultural imports.

Guatemala adopted the Central American Regional Technical Regulation RTCA 67.01.31:20, which updates the food product registration process. The regulation entered into effect on August 5, 2024, superseding previous regulation RTCA 67.031:07.

On August 20, 2024, the Philippines notified the World Trade Organization (WTO) of GBT/TBT/N/PHL/336 on the Guidelines on the Adoption of Codex Guidelines for Ready-To-Use Therapeutic Foods (RUTF) (CXC 95-2022) as Technical Regulation.

The Philippines recently notified regulations on follow-up formula or milk supplements and products for young children to the World Trade Organization.

Guatemala ranked as the #16 largest U.S. agricultural export market despite a nine percent decline, mainly due to lower imports of bulk commodities in 2023, reaching $1.6 million. It's crucial to remember that Guatemala, relying on foreign exchange by international trade, remittances, and tourism, is the largest economy in Central America, with an estimated gross domestic product (GDP) of $102.8 billion, a 19-million-person market, and relative economic stability.

Fueled by a rebound in hospitality and food service, the Philippine economy outperformed Singapore, Thailand, Malaysia, and Indonesia in 2023 despite inflationary pressure. Total U.S. agricultural and related exports to the Philippines reached $3.6 billion in 2023 with U.S. consumer-oriented and intermediate agricultural exports ranking the highest in Southeast Asia.

On June 20, 2024, President Ferdinand Marcos Jr. issued Executive Order No. 62 (EO 62) modifying the import duty rates of various commodities. EO 62 provides a multi-year comprehensive tariff schedule and applies to commodities subject to the Most Favored Nation (MFN) rates.