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Egypt notified of new halal requirements and procedures for food products. This was disclosed via a Technical Barriers to Trade (TBT) fourth addendum notification to the World Trade Organization (WTO). The notification waives the halal certification requirement on milk and dairy products until April 1st, 2023.

The U.S.-Jordan bilateral food and agricultural products trade in calendar year U.S. food and agricultural product exports to Jordan in calendar year (CY)2022 (January-November) at $192 million are down 10 percent compared to $213 million for the same period 2021.

On February 15, 2023, the State Council Tariff Commission (SCTC) announced to extend the Section 301 retaliatory tariff exclusion period for sorbitol and other select U.S. commodities to September 15, 2023.

China remained the world's largest seafood producer in 2022, with production expected to reach 67.5 million metric tons (MMT), up from the 66.9 MMT in 2021. Production growth continues to be driven by aquaculture which is expected to increase 1.2 percent year-on-year to reach 54.6 MMT in 2022.

On February 3, 2023, China notified a new national standard to the World Trade Organization (WTO) restricting excessive packaging for edible agricultural products (G/TBT/N/CHN/1715). The deadline for comment submission is April 4, 2023.

On February 13, the Chinese Communist Party (CCP) Central Committee and the People’s Republic of China (PRC) State Council published the 2023 “No. 1 Document,” providing broad guidance for resource allocation and development goals in China’s agricultural sector. Food security remains a top focus with priority given to boosting production of grains and oilseeds and various policies to support farmer income and improvements in rural China.

U.S. agricultural exports to the Dominican Republic reached an all-time record of $2.2 billion in 2022; a 14 percent increase from the previous record set last year. The increase in U.S. exports was driven mainly by increased demand for consumer-oriented products.

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

In 2023, Mexico’s beef production is forecast to slightly increase, but faces slower consumption growth on a year-to-year basis as food inflation soars. As herd numbers increase, overall cattle slaughter is expected to rise. Carcass weights are expected to marginally decrease in 2023 and are offset by larger slaughter numbers of slightly younger animals.

Mexico’s chicken meat production is forecast to increase by three percent in 2023. Although chicken meat is one of the most impacted proteins during Mexico’s inflation crisis, consumption per capita continues to increase, albeit at a slower pace on a year-to-year basis.

In 2022, the total value of all U.S. agricultural and related products exported to the People’s Republic of China (PRC) reached a record $40.9 billion, an increase of 14.5 percent compared to the previous year.

As the PRC dismantles it’s zero-COVID policy measures, there is great optimism about the economy and, particularly, the HRI sector. Stakeholders expect a rebound in travel to fuel recovery in hotels, restaurants, and other outlets.