Data and Analysis

South Korea’s whiskey imports experienced a compound annual growth rate (CAGR) of 17.1% in value from 2020 to 2024, totaling $249 million.

With limited domestic production and increasing consumer demand, Korean imports of tree nuts continue to grow steadily, recording a compound annual growth rate of six percent over the last five years.

Post forecasts marketing year (MY) 2025/26 sugar production at 1.5 million metric tons, a 17 percent decrease from Post's previous MY estimate. The main factor is uncertainty over the EU’s trade policy toward Ukraine past June 2025.

Panama recognizes the certificates and standards of the U.S. regulatory and sanitary inspection system, based on the United States – Panama Agreement regarding certain Sanitary and Phytosanitary measures and Technical Standards affecting Trade in Agricultural products, of December 20, 2006, simplifying requirements for the importation of U.S. food and feed products. Panama accepts electronic certificates.