Browse Data and Analysis

The Malaysian food and beverage sector continues to grow steadily. U.S. exporters can expect new opportunities in the expanding food manufacturing sector especially for food ingredients.

New export establishment registration applications that have been submitted in the U.S. FDA Export Listing Module (ELM) and GACC Bureau of Import Export Food Safety (BIEFS) China Import Food Enterprises Registration (CIFER) system since January 2022 are now being processed to allow U.S. exporters to register their manufacturing, processing, and storage facilities subject to Decree 248.

The Government of Japan (GOJ) has opened the public comment period for the “amendment of positive list of synthetic resins used for food apparatus, containers, and packaging.”

Rice export prices dropped 2-4 percent due to the weakening of the Thai baht despite a strong demand for Thai rice.

The Hong Kong market has developed into a dynamic wine export destination since the abolishment of wine tariffs in 2008. The slow recovery of the global economy dampened the city’s global imports of wine in 2023.

MY2024/25 coffee production is forecast at 29 million bags green bean equivalent (GBE) as higher coffee prices encourage coffee farmers to invest more in production, helping to stabilize production.

Despite the challenges posed during COVID-19, Western Japan’s hotel industry has recovered to pre-pandemic levels largely due the influx of inbound travelers seeking to capitalize on the weak yen.

On May 7, 2024, the Department of Energy (DOE) Secretary signed three Department Circulars (DCs) on the implementing guidelines and specifications for the roll-out of voluntary E20 gasoline and mandatory B3 diesel blends.

ATO Taipei, in partnership with thirteen Taiwan craft beer breweries and four U.S. craft beer importers, delivered a successful consumer-facing craft beer festival that promoted U.S. ingredients through 84 craft beers.

Milk production in Australia for 2024 is estimated to increase, for the first time since 2020, by 3.3 percent to 8.75 million metric tons (MMT). Industry confidence is elevated by high milk prices for dairy farmers over recent years and, also lower feed and fertilizer prices and broadly good seasonal conditions in 2024.

Rice export prices further increased 1-5 percent due to the strengthening of the Thai baht and tighter domestic rice supplies.

On May 8, 2024, the Ministry of Agriculture and Rural Affairs (MARA) announced the issuance of new and renewed biosafety certificates for genetically engineered (GE) and gene-edited events.