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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 the final month of 2023, Korea finally completed allocating its country specific quota (CSQ) for rice imports totaling 408,000 MT (milled basis) under its 2023 tariff rate quota (TRQ) scheme. However, with most tenders fulfilled in the second half...
In January 2024 the Turkish government established an import quota for feeder cattle at 600,000 head. This number may be increased during the year as determined by the Ministry of Agriculture & Forestry and the Turkish Milk and Meat Board (ESK)...
Metropolitan Cebu offers strong opportunities for direct shipments of U.S. agricultural exports. As the largest domestic shipping port, Cebu serves as a distribution hub for agricultural exports to the Philippines. Located in one of the highest...
Canada continues to be the top international market for U.S. consumer-oriented products, accounting for approximately 24 percent of the United States' total global consumer-oriented agricultural exports. Regulatory cooperation, sophisticated...
Based on below average rain and soil moisture conditions, Post projects lower than average wheat and barley production for the 2024/25 season. As a result, Post projects wheat imports to remain elevated. Post 2023/24 wheat import estimate aligns with...
Ukraine’s MY2023/24 harvest features higher grain production volumes across the board than the previous year. By the end of 2023, Ukraine independently resumed operations of its major marine ports on the Black Sea, Chornomorsk, Odesa, and Pivdennyi...
On November 3, 2023, the People’s Republic of China (PRC) National Health Commission released the revised Administrative Measures for the Management of Food Safety Standards. The Measures provided overview information on procedures and principles for...