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Importing more than $16 billion of U.S. high-value, consumer-oriented goods, Canada was the number one overseas market for U.S. food and agricultural exports in 2017.
On February 14, 2019, President Rodrigo Duterte signed Republic Act (RA) No. 11203, converting quantitative restrictions on rice imports into tariffs.
Beef cow numbers and slaughter activity will see contraction continue in 2019 but with the pace mitigated by reduced cow slaughter, growth in the calf crop and increased import activity.
The Philippines’ rapidly expanding production of processed foods and beverages presents robust opportunities for U.S. exporters of agricultural raw materials and high-value ingredients.
Canada was once again the leading destination for U.S. food and agricultural exports in 2018, with total export value close to $21 billion.
FAS/Canada predicts increased canola area planted in marketing year 2019/20, despite increased volatility and uncertainty in global oilseed trade and ongoing agronomic concerns.
Canada’s ban on partially hydrogenated oils in foods came into force in September 2018.
In 2017, total Canadian food service sales reached $65 billion.
Canada’s ban on partially hydrogenated oils in foods came into force in September 2018.