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A recent wine tasting in Taiwan hosted by the California Wine Institute not only successfully attracted 369 trade contacts but also created an additional $2.87 million in sales for California wines.
Taiwan recently completed two long-lingering 2013 normal tenders, thus fulfilling 2013 U.S. Country Specific Quota (CSQ) obligations.
Domestic and export prices declined 1-5 percent as new-crop supplies are coming onto the market.
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.
FAS Manila worked with Veritas Quo (VQ), a California-based exporter representing popular wine brands to connect with several importers.
In MY2013/14, Taiwan imported a record 160,756 metric tons (MT) of apples from around the world, which is valued at nearly US$240 million.