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South Africa’s dairy industry is likely to grow in the future due to improving economic factors, despite suffering from many weather and disease related challenges in the past five years. This growth may provide opportunities for dairy genetics exporters.
India’s Department of Animal Husbandry and Dairying (DAHD), Ministry of Fisheries, Animal Husbandry and Dairying published an Office Memorandum L-110110/44/2024 – Trade (E-32147) on December 30, 2024, specifying the Certificate of Analysis (COA) required to be submitted during the application for Sanitary Import Permit (SIP) for importing milk and milk products into India.
In 2023, Peru was the 28th-largest market for U.S. agricultural exports, valued at $851 million, making it the 3rd-largest market in South America. The U.S.-Peru Trade Promotion Agreement (PTPA) entered into force in February 2009, and U.S. agricultural exports reached $1 billion for the first time in 2014, peaking at $1.36 billion in 2018. The United States accounts for 14 percent of Peru's agricultural import market share, positioning it as the second-largest supplier to the country.
This monthly report includes information on U.S. and global imports of dairy products, including maximum quantities that can be imported under tariff-rate quota licensing.
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.
This biannual report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in dairy products.
Ample opportunities exist for U.S. agricultural exports to South Korea. Highlighted in the chart above, U.S. agricultural product exports were a record $9.5 billion in 2022, up 2 percent from 2021. South Korea is the sixth largest export market for the United States, thanks in part to a successful free trade agreement (KORUS) between the two countries and a robust demand for high-quality U.S. food products.
Although Indonesian dairy production is still reeling from the 2022 Foot and Mouth Disease (FMD) outbreak, imports of dairy ingredients are expected to decline in 2023.
Health Canada opened pre-consultations on a proposed new regulatory framework for foods for special dietary use and infant foods, which include categories such as infant formula, prepackaged human milk, medical foods, gluten-free foods, formulated...