Browse Data and Analysis

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.

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.

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.