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In calendar year 2021, Bangladesh imported $12 million of consumer-oriented food from the United States, up 11 percent over 2016. The income and purchasing power of the middle-class continue to reach new heights, boosting demand for imported food.

On January 11, 2023, India’s Ministry of Commerce and Industry/Directorate General of Foreign Trade (DGFT) issued Public Notice No. 50/2015-20. The notice specifies that India amended its previous tariff-rate quota of 2 million metric tons for crude soybean oil, previously allowable at a zero percent duty through Indian fiscal years (IFY) 2022/23 and 2023/24 (April 1-March 31).

On August 23, 2022, the Sri Lankan government temporary suspended the import of 26 agricultural products. The Imports and Exports (Control) Regulations No. 13 (2022) is a quantitative import restrictive measure.

This is a biweekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.

On January 6, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) notified on its public website, Direction STD/SP-08/A1.2022/N-01-Part(I).

The Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) (food safety authority) has just inserted additional harmonized tariff system (HS) food product codes to the FSSAI Order No. 1829/Health Certificate/FSSAI/Imports-2021 of December 28, 2022.

On January 10, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) issued an order pertaining to FSSAI Order TIC-20012/2/2021-IMPORTS-FSSAI (E-2475), extending for a second time, the effective compliance date.

In 2022, the Ministry of Health and Family Welfare (MoHFW)/Food Safety and Standards Authority of India (FSSAI) published several food safety related notifications. The FSSAI announced key updates to the Labeling and Display Regulations, including front-of-pack labeling for packaged food products and expanded list of rectifiable labeling deficiencies.

On December 29, 2022, the Ministry of Trade and Integration announced the first stage of 2023 meat and poultry quotas by HS code for historic suppliers (i.e., importers). The first stage approved the distribution of 2,835 tons of beef and 31,500 tons of poultry.

This is a biweekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.

On December 28, 2022, the Government of India’s Food Safety and Standards Authority of India (FSSAI) notified on its website No: 1829/Health Certificate/FSSAI/Imports-2021. The notification is in continuation to the FSSAI order from August 3, 2022, requiring all milk and milk products; pork and pork products; and fish and fish products, imported into India to be accompanied with a health certificate issued by the competent authority of the exporting country.

Pakistan is the 25th largest export market for U.S. food and agricultural-related products, with U.S. exports surpassing $1.3 billion in 2021. The top U.S. exports to Pakistan were cotton, soybeans, pulses, tree nuts, dairy products, planting seeds, dairy cattle, and forestry products.