India: Exporter Guide

  |   Attaché Report (GAIN)   |   IN2022-0117

As it assumes the G20 presidency in 2023, India is set to become the second-fastest growing economy in the bloc despite decelerated global economic activity in 2022. Post pandemic, Indian consumer preferences toward premium products and perceived health foods remains high, despite continued high food price inflation and rupee devaluation. The rapid development of India’s modern retail sector, including e-retail, presents newfound opportunities for a diverse range of U.S. food product exports. Nevertheless, India persists as a difficult market for U.S. exporters due to supply chain disruptions, high tariffs, a challenging, ever-changing regulatory environment, and competition from domestic and international suppliers.

Related Reports

Attaché Report (GAIN)

China: Oilseeds and Products Annual

Modest growth in the animal protein sector is expected to raise China’s soybean imports to 97 million metric tons (MMT) in Marketing Year (MY) 23/24. The People’s Republic of China’s (PRC) removal of COVID-related restriction in December 2022 is expected to boost overall oilseed consumption.
Attaché Report (GAIN)

Indonesia: Oilseeds and Products Annual

Indonesia palm oil production for 2023/24 is forecast at 46 million metric tons (MMT), an increase of 3 percent from the previous year.
Attaché Report (GAIN)

Colombia: Grain and Feed Annual

In marketing year (MY) 2023/24, Colombia's corn and rice production are forecast to marginally increase driven by higher domestic prices and expected normalized weather conditions. However, high production costs continue to be a challenge for Colombian producers.