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Spain is one of the world’s largest markets for fish and seafood. In 2024, it was the fourth largest importer of fish and seafood in the world - after much larger countries like the United States, China, and Japan.
Sections Updated: Section I, II, III, IV, V, VI, VII, X and Appendix II
This report includes technical information and certificate requirements for food and agricultural product exports to the Republic of Korea.
Post forecasts Mexico’s sugar production at 5.4 million metric tons raw value (MMT-RV) for marketing year (MY) 2025/26 (October 1 – September 30), 6 percent higher than the estimate for MY 2024/25. The increased production forecast is based on seasonal rains in several sugarcane-producing states during MY 2024/25 and an expected recovery of the planted area in MY 2025/26.
Mexico's Special Tax on Production and Services (IEPS) is applied to both domestically produced and imported alcoholic beverages.
After reaching a five-year high in 2024, Korea’s potato production will return to average levels in 2025.
Mexico's marketing year 2024/25 bean production is 41 percent higher than the record low of the previous year based on increased planted area. However, challenges persist such as adverse weather, limited access to quality seeds, and security issues in key production areas.
While per capita grain consumption in Korea remains steady, or declining in the case of rice, increased manufacturing of K-food for exports drives total consumption, offsetting decreases in other sectors.
FAS/Seoul forecasts 2025 Korean cattle production and slaughter will drop to 951,000 head and 1,078,000 head respectively. FAS/Seoul forecasts 2025 beef imports to dip to 574,000 metric tons (MT).
Mexico's gross domestic product (GDP) surpassed $1.8 trillion in 2024. The economy continues to grow, and it is driven by population growth, consumer demand for convenience, premium, and health-conscious products.
In 2024, Spain imported $2.2 billion worth of agricultural, seafood and forest products from the United States. Following significant efforts to recover from the COVID-19 crisis, companies are once again facing a challenging environment that includes high production costs and economic and political uncertainties.
In the marketing year (MY) 2025/2026, Mexico is forecast to increase its oilseed crush due to rising demand for vegetable oil and animal feed.