Browse Data and Analysis

On March 4, 2022, the General Administration of Customs of the People's Republic of China (GACC) made 42 additions to the list of products subject to Decree 248. American exporters are encouraged to pay attention to the additions which include meat, seafood, and certain beverages.

On December 10, 2021, Korea released its 2022 Market Access Quota (MAQ) updates, which cover a variety of agricultural commodities ranging from mung bean, red bean, soybeans to various feed ingredients. These MAQs are used to minimize local price fluctuations resulting from domestic supply shortages.

On March 2, 2022, the Supreme People's Court of China issued "Guiding Opinions on Further Strengthening the Criminal Trial Work Involving Seeds" (hereinafter referred to as the "Opinions"). The Opinions clarify the general requirements for strengthening seed-related criminal trials, the application of law to seed-related crimes, and improvement of relevant enforcement mechanisms.

The People's Republic of China National Intellectual Property Administration (CNIPA) issued its first ever Five-Year Plan for geographical indications (GIs).

The Japanese Diet is poised to allocate a combined total of 3.2 trillion yen ($27.7 billion) to the Ministry of Agriculture, Forestry and Fisheries (MAFF) from the Government of Japan's 2021 supplementary budget and 2022 annual budget. MAFF's budget will see increased funding for export facilitation, smart agriculture development, and implementation of MAFF's Green Food System Strategy.

This report contains unofficial guidance issued by the Office of Agricultural Affairs at the U.S. Embassy in Beijing, China for U.S. exporters that experience difficulties with having their products receive customs clearance due to facility registration issues created by General Administration of Customs of the People's Republic of China (GACC) Decree 248.

Rice export prices increased 3 percent as exporters anticipate an increase in demand despite the weakening of the Thai baht to a one-month low.

Russian invasion of Ukraine is expected to significantly affect Thai agriculture. Agricultural production costs are expected to increase 7-13 percent in livestock production and 10-17 percent in field crops due to the surge in prices of feed-quality grains and fertilizers.

On February 15, 2022, the Philippines approved the revised Joint Department Circular No. 1 (JDC), streamlining the regulatory policy governing plant biotechnology. Signed by five Department Secretaries, the document was published in two newspapers on March 8, 2022, and will go into effect 15 days later.

The COVID-19 health crisis continues to change the behavior of consumers and shaping new trends in the food and restaurant industry. Restaurants and retail stores are producing new products and services that are based on the consumer trends towards health and wellness.

Hong Kong continues to take random tests on imports of chilled and frozen foods and their packaging for the COVID-19 virus.

Cattle stocks are projected to expand in 2022 as slaughter slowed in late 2021. In the dairy sector, cow slaughter is likely to increase in 2022 to lower excess milk production.