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Bosnia and Herzegovina’s (BiH) 2022 dairy imports totaled $123.3 million, with a trade deficit of $61 million. The domestic dairy industry produces mainly high-volume, fast-turnover products like fluid milk, yogurt, and fresh/cottage cheese.
On January 31, 2023, the South African Ministry of Health issued a Government Notice (R 2986) inviting comments on the draft regulation relating to the labeling and advertising of foods.
The General Administration of Customs of the People's Republic of China (GACC) updated the list of products subject to Decree 248. In addition to minor changes made earlier, GACC removed 239 products between February 10 – 27.
The People’s Republic of China (PRC) decision to end its zero-COVID policy restrictions is expected to improve demand for both pork and beef products in 2023.
The expansion of India’s dairy sector is driving the increase in the cattle (both bovine and Asian domestic water buffalo) herd numbers. In marketing year (MY) 2023 (January-December) herd numbers have grown to 307.5 million head as compared to 306.7 million head in 2022.
The Chaves Government introduced a 10-year national agricultural strategy targeting improved export competitiveness through more efficient institutions and the adoption or development of innovative technologies.
Exports of U.S. food and agricultural products to Panama reached $1.03 billion in 2022, making it the United States’ 33rd largest export market and 6th largest market in Latin America for consumer-oriented products.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Hong Kong Drops Mask Mandate; Hong Kong Economic Growth Predicted to Grow Between 3.5 And 5.5 Percent In 2023;
Tunisian MY 2023/24 soybean imports are expected to reach 540,000 MT, compared to 510,000 MT in MY 2022/23. Tunisian olive oil exports are forecast to reach 200,000 MT in MY 2023/24, compared to 155,000 MT in MY 2022/23.
Rice export prices declined 1-2 percent due to the weakening of the Thai baht.
High feed and energy prices and environmental restrictions are pressuring both cattle and swine farmers in the European Union (EU), leading to a reduction in operations.
In 2023, Post forecasts that cattle production will grow 1.3 percent, to 48.5 million cattle head, as the Brazilian cattle sector reaches its peak in the production cycle.