Browse Data and Analysis

On April 4, 2025, the Ministry of Finance (MOF) State Council Tariff Commission (SCTC) announced that China will impose retaliatory tariffs on all U.S. goods. According to the SCTC 2025 Announcement No. 4, the duties would be an additional 34 percent on the current applicable tariff basis.

Post New Delhi forecasts total oilseed production to reach 43 million metric tons (MMT) for the marketing year (MY) 2025/26, marking a slight increase. For the first time, rapeseed production is expected to surpass soybean production, driven by improved price realization.

Ukraine took the first step to gain access to the Chinese market for peas by establishing a phytosanitary protocol.

On March 31, 2025, China’s International Trade Single Window published a notification that included an update stating that imported meat and poultry products would require a “Product Expiration Date” as a data field for customs import declarations.

On March 27, 2025, China’s National Health Commission (NHC) and the State Administration for Market Regulation (SAMR) jointly released the General Principles for the Labeling of Prepackaged Foods (GB 7718-2025).

Post forecasts MY 25/26 China corn production at 300 MMT, up 1.7 percent from MY 24/25, while corn imports are forecast at 8 MMT, lower than MY 23/24 levels due to China’s focus on grain self-sufficiency.

On March 28, 2025, the General Administration of Customs of the People’s Republic of China (GACC) published Announcement 277 updating the Regulations on the Declaration Management of Import and Export Goods, which will take effect on May 1, 2025, replacing the previous version from 2003.

China was the world’s second largest importer of food in 2024, at $197 billion, with a significant portion going into food processing.

India is on course to hit its third record wheat crop in MY 2025/2026 forecast on higher planting and optimal growing conditions.

On March 27, 2025, China’s National Health Commission (NHC) and State Administration for Market Regulation (SAMR) jointly published an announcement releasing 50 new or updated National Food Safety Standards (GB) and nine amendment sheets.

India’s food processing sector holds significant growth potential in tier II and III cities and rural areas.

ATO Shenyang organized a U.S. beef and lobster menu promotion at a high-end restaurant in Changchun, starting with a launch event on December 10 featuring a cooking demonstration with a Shanghai-based celebrity chef.