Browse Data and Analysis

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.

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”...

Genetically-engineered (GE) products are highly politicized in Germany. As the EU takes gradual steps towards potentially liberalizing NGTs, German public debate is beginning to shift from a general rejection of GE towards discussion regarding possible liberalization of New Genomic Techniques (NGTs).

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.

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong.

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.

Germany is the largest market for food and beverages in the European Union importing USD 69 billion worth of consumer-oriented agricultural products in 2023. The food retail sector is saturated, highly consolidated, and competitive.

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.

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Consul General Greg May and ATO Hong Kong Open the USA Pavilion and Welcome U.S. Exhibitors at Asia Fruit Logistica 2024; The U.S. Dairy Export Council Showcases the Diversity of U.S. Cheese to Hong Kong Buyers...

Hong Kong’s food retail sales remained stable at $12.2 billion in 2023, however retailers face growing challenges as more budget-minded residents travel to mainland China to save on food purchases, leading to a 4.7 percent decline in food retail sales in the first seven months of 2024.

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Hong Kong teams up with Hong Kong Polytechnic University to train student chefs and showcase U.S. ingredients; Cotton Council International brings Cotton USA Sustainability and Transparency Seminar to Hong Kong...