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Paraguay’s wheat exports inn marketing year (MY) 2025/26 are forecast at 550,000 metric tons (MT), edging up slightly from the previous year, supported by a modest expansion in planted area even as yields may decline marginally.
Paraguay’s soybean production is forecast to rebound to 10.9 million metric tons (MMT) in MY2025/26 on improved weather and modest acreage gains, following weather-driven losses the previous year.
In 2024, Taiwan's pet food market saw significant activity, with total imports reaching a record high of $276.8 million. Thailand continued to be the largest supplier of pet food to Taiwan, followed by the United States, South Korea, Canada, and Japan.
In MY2025/2026, Taiwan’s wheat imports are forecast at 1.38 MMT supported by Taiwan consumers’ preference for more diverse food offerings including wheat-based products and a vibrant baking industry.
Taiwan’s soybean imports are forecast at 2.65 MMT for MY2024/2025 and MY2025/2026, a slight increase from the previous MY.
In 2024, Taiwan imported US$3.8 billion agricultural products from the US, which accounted for 24.81 percent of the island’s total import value.
The United States holds 66 percent of Taiwan’s tree nut market, with 2024 imports rising 19 percent to nearly 13,000 metric tons, valued at USD 76 million.
In 2024, the total value of U.S. agricultural and related products exported to Taiwan was $3.8 billion, an increase of two percent compared to the previous year.
In 2024, for the third consecutive year, the United States remained the number one export market for Taiwan’s agricultural and related products, taking 17 percent (valued at $935 million) of Taiwan’s exports.
In 2024, the American Institute in Taiwan (AIT) helped secure the release of 815.9 metric tons of U.S. agricultural products with a total value of $1.96 million.
On December 23, 2024, the Taiwan Ministry of Agriculture (MOA) announced the “Comprehensive Upgrade Plan for the Grains Industry”. MOA’s plan calls for raising the guided purchase price for rice (the mid-tier purchase price) by NT$1.5/kg and increase its procurement volume.
Taiwan Food and Drug Administration released its enhanced border inspection list for 2025 which includes U.S. cherry and seasoning products.