Browse Data and Analysis

Sri Lanka’s economic situation is improving and key agricultural inputs like fertilizers and agrochemicals are available in the market although they remain expensive. Rice production is expected to continue on a recovery path. Rice imports are...

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.

For marketing year (MY) 2025/26, Post forecasts a slight increase in cotton imports due to increasing demand in the ready-made garments industry.

For marketing year (MY) 2025/26, Post forecasts lower rice imports than in MY 2024/25, assuming higher production based on favorable weather. Demand for wheat continues to increase and Post forecasts slightly higher imports for MY 2025/26 to align with demand.

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 installation of Bangladesh’s Interim Government in August 2024, has led to a renewed focus on macroeconomic stability, which will enable increased exports to the market as restrictions on Letters of Credit ease as foreign currency reserves stabilize.

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.

The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health and Mass Media extended the implementation effective date of the Food (Trans Fat) Regulations (2022) from January 1, 2025 to July 1, 2025.

The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health and Mass Media extended the implementation effective date of the Food (Color Coding for Sugar Levels-Liquids) Regulations (2022) from January 1, 2025 to July 1, 2025.

The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health and Mass Media extended the implementation date of Food (Labeling and Advertising) Regulations (2022) from January 1, 2025 to July 1, 2025, except Regulations 13 (16), 13 (17), 13 (18), and 14.