Browse Data and Analysis

Indonesia introduced a new, simplified set of export levies for palm oil products, effective September 21, 2024, amidst decreasing crude palm oil (CPO) exports due to competition from other edible oils. Most of the new levies for palm oil exports will be reduced to between 3 percent to 7.5 percent of the reference price which the Government of Indonesia sets monthly.

The National Standard for Irrigation Water Quality (GB5084-2021) was published jointly by the State Administration for Market Regulation (SAMR) and Ministry of Ecology and Environment of the People’s Republic of China on January 20, 2021 and it entered into force on July 1, 2021.

Colombia is the top destination for U.S. agricultural products in South America. In 2023, U.S. exports of consumer-oriented agricultural products totaled $759 million, a decrease from 2022 due to the slowdown in economic growth in Colombia and a seven-month (now resolved) ban on U.S. poultry exports.

India's retail food sector is experiencing significant growth, driven by increased household purchasing power, rising awareness of gourmet products, and a growing economy.

Post maintains Algeria’s cereal planted area and production estimates. Post estimates robust wheat imports for MY 2023/24, surpassing nine million metric tons (MMT).

For marketing year October 2024/September 2025 (MY 2024/25), Post forecasts overall sugar production in the Dominican Republic (DR) to increase to 520,000 metric tons (MT) due to better-than-expected rainfall patterns.

On December 22, 2023, the State Council Tariff Commission (SCTC) announced to again extend the Section 301 retaliatory tariff exclusions on 12 agricultural products, including shrimp for cultivation, whey for feed, fishmeal for feed, alfalfa and seven hardwood products through July 31, 2024.

On December 22, 2023, President Ferdinand Marcos, Jr. signed Executive Order No. 50 (EO 50) extending lower tariffs on pork, corn, and rice for another year or until December 31, 2024. EO 50 was published on December 26, 2023, and took effect immediately upon publication.

In MY 2023/24, the EU is facing a second consecutive short olive oil production crop.

Rice export prices increased 1- 4 percent mainly due to the strengthening of the Thai baht.

FAS New Delhi projects India’s organic agriculture sector to be valued at $2.5 billion for the 2023/24 Marketing Year (MY). According to various sources, the domestic consumption of organic foods is trending upwards as the Indian consumer focus on health and wellness continues.

On December 21, 2023, the State Council Tariff Commission (SCTC) announced its annual tariff adjustment plan that sets tentative import and export tariff rates for select commodities in 2024.