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Record-high remittances continue to boost consumer spending in 2024. U.S. agricultural exports to Nicaragua through September 2024 are up four percent compared to the same period in 2023.
Biodiesel production is expected to remain flat in Malaysia at 1.58 billion liters, as the country is likely to remain at a B10 blend rate as B20 and B30 mandate goals have not advanced.
There have been no major changes to Malaysia's biotechnology regulations in the past year. The country continues to review its Biosafety Act, including how it will regulate gene edited products in the future. Malaysia currently has 61 genetically engineered (GE) products approved for import.
In June 2024, the Nicaraguan Institute of Agricultural Protection and Health (IPSA) issued an executive resolution to strengthen the risk mitigation measures for the monitoring and testing of GE grains.
Consumer trends in Nicaragua are shifting towards modern retail channels as remittance flows increase. Supermarkets are expanding rapidly, with one grocery store chain opening eight new locations in 2024.
Post forecasts Malaysia’s palm oil production in MY 24/25 at 19.2 million metric tons (MT), a decrease from MY 23/24 projections due to delayed effects of the El Niño season.
After strong growth in 2023, the food retail sector is expected to see moderate but positive growth in the remainder of 2024. Expansion of convenience stores and small format retail outlets continues, while premium supermarkets have also expanded.
This report provides information on export certification requirements for U.S. food and agricultural exports to Nicaragua. There were no significant changes to required export certificates since the 2023 report.
This report describes Nicaraguan regulatory requirements and import procedures for food and agricultural products. As of June 2024, there had been no major changes to the regulatory regime since the 2023 report.
Post revises production estimates for MY 2023/24 down to 18.8 million tons accounting for hot and dry El Niño weather effects and limitations regarding labor. Top importing countries continue to drive demand and stocks drop to 1.83 million tons for MY 2023/24.
The Nicaraguan Institute of Agricultural Protection and Health enforces a unique interpretation of a regional technical food safety regulation for imported meat that occasionally results in rejections of U.S. pork and chicken meat shipments. This...
The Malaysian food and beverage sector continues to grow steadily. U.S. exporters can expect new opportunities in the expanding food manufacturing sector especially for food ingredients.