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On December 30, 2023, Vietnam's Ministry of Health (MOH) released Circular 29/2023, which provides guidelines for Nutritional Labeling on Food Products.

This report serves as a practical guide for U.S. exporters wishing to initiate or increase exports of U.S. consumer-oriented and seafood products to Vietnam. It provides an overview of the market potential, practical tips, consumer preferences and trends, food standards and regulations, import and inspection procedures, and useful contacts.

The Brazilian orange crop for Marketing Year (MY) 2023/24 is forecast at 408 million 40.8-kg boxes (MBx) - standard reference, equivalent to 16.5 million metric tons (MMT), a decrease of 1.03 percent compared to the estimate of current crop MY 2022/23 (around 412.3 million boxes or 16.67 MMT), due to the incidence of greening, which has been affecting Brazil’s citrus belt.

Brazil continues to offer excellent export opportunities for U.S. companies. In 2022, Brazil’s imports of consumer-oriented agricultural products were US$5.2 billion, an increase of 20 percent compared to the previous year.

Post revises down MY 2023/24 soybean production to 158.5 MMT due to poor weather outlooks resulting from El Niño, particularly in the Centre West states, which may affect final yields currently projected at 3.507 kg/ha.