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U.S. exports to the Republic of Korea (ROK) for Consumer Oriented products finished the year at a record high based on data through December 2014 at $3.5 Billion.
Retail sales turnover in 2013 grew 3.9 percent year-on-year (valued at $744 billion) compared to growth of 6.3 percent in 2012.
Early outlook for 2015/2016 is for area seeded to wheat, barley, corn and oats to increase to more average levels as areas that were left unseeded the previous year due to inclement weather...
Thailand is one of the world’s leading agricultural suppliers, primarily due to its welldeveloped food processing sector.
On October 22, 2014, China notified the WTO of new standards on Multi-nutrient Supplementary Food for Pregnant and Lactating Women as SPS/N/CHN/691.
On October 22, 2014, China notified the WTO of a new General Standard for Sports Nutritional Food as SPS/N/CHN/690.
Boosted by solid economic performance, and robust domestic demand, Malaysia’s retail sector is forecast to grow six percent annually.
U.S. agricultural exports to Southeast Asia have experienced extremely rapid growth in recent years and, in FY 2014, they climbed to a record $11.5 billion – up 11 percent from FY 2013.
The fast food sector in Russia has grown sharply in recent years as consumers having seen nearly 30 percent current value growth in 2013.
The overall food processing sector is growing at about 5 percent per year, with dairy, bakery, and processed fish products among the leading sectors.