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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.
Peruvian total ethanol production in 2023 is forecast at 220 million liters, increasing 8 percent compared to the previous year. Total ethanol consumption for 2023 is forecast at 285 million liters.