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This annual report includes information on U.S. and global imports of dairy products, including maximum quantities that can be imported under tariff-rate quota licensing.
Korean imports of cheese products continue to grow, seeing a five percent compound annual growth rate over the last five years. Mozzarella is the most imported cheese product and the United States is the leading supplier of cheese to Korea.
Korea’s beer imports reached $218 million in 2023, up 11.8 percent from $195 million in 2022, but still 30 percent down from the record high of $310 million in 2018. Although Korea’s beer imports have been decreasing since the pandemic, the United States increased exports of beer to Korea in 2023, reaching $17.9 million, up 43% from $12.5 million in 2022.
Egypt has released a pair of Government Decrees, several World Trade Organization notifications, and a revised Egyptian Standard in recent months on the shelf-life validity period for frozen beef liver and other products.
On December 16, 2024, the Government of Indonesia (GOI) announced the increase in value-added tax (VAT) from the current 11 percent to 12 percent on selected goods and services, effective January 1, 2025. In addition, a separate 12 percent luxury goods sales tax will newly be applied for luxury products intended for high-end Indonesian consumers (luxury VAT).
In early February, Ethiopia retendered for 400,000 metric tons of milling wheat after canceling an earlier-made contract because the supplier failed to provide the $10 million performance guarantee.
In December 2017, the U.S. Department of Agriculture (USDA) conducted its annual inspection of Ethiopian facilities that export an estimated $6.4 million of geraniums....
Japan’s Ministry of Health, Labour and Welfare (MHLW) has issued a proposed revision of tofu specifications and standards, which would allow the packaging of tofu for storage at room temperature.
Commission Regulation (EU) 2018/213 significantly tightens the rules on the use of Bisphenol A (BPA) in food contact materials and was published in the Official Journal on February 14, 2018.
On February 22, 2018, Morocco improved the terms of trade concerning market access for U.S. bovine semen.
Strong growth is expected in the poultry and egg sectors for 2018, building on recent expansion and vertical integration.
The Egyptian Chamber of Food Industries (CFI) indicates that there are over 7,000 food manufacturing companies operating in the country.