Browse Data and Analysis

The Japanese food market was valued at $564 billion in 2022 with retail sales accounting for $327 billion (58 percent) and foodservice sales accounting for $237 billion (42 percent). Japan relies on imports from other countries for the bulk of its food supply.

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Triumphant Return of The Great American Texas BBQ; Hong Kong Exports Likely to Face Significant Challenges; Call to Develop In-depth Tourism...

The Government of Japan announced a new economic stimulus package of 17 trillion yen ($113 billion) on November 2, 2023.

Japan has decided to fully enact the revised Clean Wood Act from April 1, 2025.

The steady demand for Thai rice from ASEAN countries slightly boosted rice export prices and offset the weakening of the Thai baht.

New Zealand is about to pass and implement legislation to address one of the most concentrated supermarket sectors in the world.

Japan’s Ministry of Health, Labour and Welfare (MHLW) proposed revisions to Japan’s maximum residue levels for 5 agricultural chemicals (Flonicamid, Fluoxastrobin, Polyoxorim-zinc, Prothiofos, and 3-Nitrooxypropanol) for various agricultural commodities.

On December 7, 2023, the Ministry of Agriculture and Rural Affairs (MARA) announced the registration of 51 genetically engineered (GE) corn and soy varieties, including 37 GE corn varieties and 14 GE soybean varieties.

Ample opportunities exist for U.S. agricultural exports to South Korea. Highlighted in the chart above, U.S. agricultural product exports were a record $9.5 billion in 2022, up 2 percent from 2021. South Korea is the sixth largest export market for the United States, thanks in part to a successful free trade agreement (KORUS) between the two countries and a robust demand for high-quality U.S. food products.

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Ginseng Board of Wisconsin Shares Ginseng Love at Festival’s Press Event; China – U.S. Meeting Sends Positive Signals for Global Economic Recovery; Hong Kong Lowers Full-year Growth Forecast to 3.2 Percent...

In 2022, New Zealand spent the most it has ever in one year on fertilizer imports, at almost NZ$1.5 billion (US$900 million). However, the total volume imported was 250,000 metric tons (MT), less than the historical average of 2.1 million metric tons (MMT).

Australia is a prosperous and industrialized nation with a stable economy. The country’s strong economy underpins its open and transparent trade and investment environment and trade and economic links with emerging economies, particularly in Asia.