Browse Data and Analysis

On Friday, March 24, 2023, the Federal Registry published to the addition of “Article 216 Bis” to the General Health Law related to trans fats. The addendum will regulate the use of trans fats in food processing, mandating that the fatty acid content should not exceed 2 percent of the product’s total nutritional value.

On March 19, 2023, Mexico’s Federal Commission for the Protection against Sanitary Risks (COFEPRIS) announced the annual import quota for two types of the agrochemical glyphosate.

In 2022, Taiwan imported record-high US$4.4 billion agricultural products from the US. Yet, due to COVID variants, the Russian invasion of Ukraine, labor shortage, and inflation issues, Taiwan's nominal Gross Domestic Product (GDP) decreased 0.17 percent at $774.7 billion.

Due to continued elevated agricultural input costs, Mexico’s corn production in marketing year (MY) 2023/24 is forecast at 27.4 million metric tons (MMT), unchanged from the year prior. Lower than expected planting intentions data accounts for slightly lower rice and wheat production forecasts.

On February 13, 2023, Mexico published a modified 2023 Corn Decree in the Diario Official Federal (DOF). The new Presidential decree abrogates the 2020 GE Corn Decree and is immediately effective on February 14, 2023.

Taiwan’s overall seafood imports reached US$2.1 billion in 2022, up 20 percent from 2021, with imports from the United States decreasing slightly to US$32 million.