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Weekly summary of U.S. export sales activity for key commodities.
On May 14, 2024, China notified the Phytosanitary Requirements for Imported Organic Growing Media to the World Trade Organization (WTO) under G/SPS/N/CHN/1300. China’s SPS Enquiry Point at sps@customs.gov.cn will accept comments until July 13, 2024.
This biannual report, published in June and December, includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in coffee.
Fueled by Filipinos' fondness for food indulgences, rising disposable incomes, and increasing urbanization, the $1.2 billion confectionery and ice cream market is expected to see robust growth of eight percent annually through 2028.
Mexico was the second largest export market for U.S. agricultural products in 2023, with total U.S. exports valued at $28.6 billion. Mexico’s gross domestic product (GDP) grew by 3.2 percent in 2023, making its economy the 12th largest globally.
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) proposed 29 new geographical indications (GI) for UK food products, including lamb, beef, ham, sausage, cheese, seafood, vegetables, and fruit.
The total value of U.S. agricultural exports to Honduras in 2023 reached $1.3 billion, with a 39 percent (%) market share, and a 4 % decrease from the previous year.
For marketing year (MY) 2023/24, Post updates fresh lemon production down to 1,700 metric tons (MT). This revision is attributed to the unexpected weather conditions with temperatures higher than usual and rains during harvest that affected original production estimates.
In marketing year (MY) 2023/24, with an increasing trend in area planted and assuming regular yields, Post estimates lemon production to grow by 6.7 percent and reach 175,000 (MT) metric tons. Chilean lemon exports will increase 8.8 percent, totaling 74,000 metric tons.
Following a year of exceptional drought conditions in marketing year (MY) 2023/2024, the outlook for Mexican grain production in MY 2024/2025 is higher year-on-year for corn, wheat, rice, and sorghum based on producer expectations for a gradual recovery to average precipitation levels.
On May 21, 2024, the Government of Mexico published a modification to the Federal Law of Animal Health. The update strengthens the penalties for non-compliance with the law and lists substances banned for use in livestock intended for human consumption.
Since Taiwan’s economy started taking off in the 1980s, larger disposable incomes have led Taiwan consumers to gradually demand diversification and broader options for their daily diets.