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On March 31, 2025, the Government of Vietnam (GVN) issued Decree 73/2025/ND-CP, reducing the Most-Favored-Nation (MFN) import tariff rates on corn, soybean meal, ethanol, frozen chicken drumsticks, in-shell pistachios, almonds, fresh apples, cherries, and raisins. The decree takes effect immediately.
For the first time, China's leading e-commerce platforms, JD.com and Tmall, successfully imported fresh fruits via the cross-border e-commerce (CBEC) channel.
Jiangnan Fruit Wholesale Market in Guangzhou is China's most influential hub for imported fresh fruit, playing a crucial role in the supply chain. Significant volumes of U.S. cherries, plums, citrus, apples, and grapes enter China through this market before being distributed to other cities.
This report serves as an update to FAS Jakarta’s previous report outlining Indonesia’s plans to impose a 12-percent value-added tax (VAT) for luxury agricultural products (please see GAIN Report ID2024-0053).
In 2023, Hong Kong was the 17th-largest market for U.S. agricultural products globally. That same year, the United States exported $1.5 billion of agricultural products and was the third-largest supplier of consumer-oriented food products to Hong Kong after China and Australia.
New Zealand’s apple planted area in the 2023/2024 market year (MY) is forecast to be 9,200 hectares (ha), a substantial drop from 11,000 ha at the start of the 2022/2023 MY. This is due to the impacts of Cyclone Gabrielle, which brought large-scale floodwaters, silt, debris, wind, and surface flooding to the primary apple growing regions of Hawkes Bay and Gisborne.
Food Standards Australia New Zealand (FSANZ) has approved a Queensland University of Technology (QUT) application to permit food derived from a banana line genetically engineered (GE) for resistance to Panama disease.
Vietnam offers abundant opportunities for exporting consumer-oriented products, despite the challenges of recovering from the COVID-19 pandemic and dealing with high inflation. The Vietnamese economy is poised for significant expansion in the coming decades. With a burgeoning population and a growing middle class, Vietnamese consumers are becoming more discerning about the origin and composition of their food.
The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.
Farmland in Hong Kong is limited. In 2022, local agricultural production (livestock and crops) yielded about $173 million worth of fresh food. Hence, Hong Kong relies on imports of fresh produce to feed its 7.3 million residents.
Australia is a crucial market for U.S. fresh fruits because of the year-round demand for high-quality products. The U.S. has benefitted from a well-established reputation for producing quality and safe fruits.
On December 25, 2023, Taiwan announced that U.S. cherries exported to Taiwan will undergo enhanced border inspection (20 – 50 percent inspection rate) from April 1 until September 30, 2024.