Browse Data and Analysis

Weekly summary of U.S. export sales activity for key commodities.

Post revises production estimates for MY 2023/24 down to 18.8 million tons accounting for hot and dry El Niño weather effects and limitations regarding labor. Top importing countries continue to drive demand and stocks drop to 1.83 million tons for MY 2023/24.

On June 20, 2024, President Ferdinand Marcos Jr. issued Executive Order No. 62 (EO 62) modifying the import duty rates of various commodities. EO 62 provides a multi-year comprehensive tariff schedule and applies to commodities subject to the Most Favored Nation (MFN) rates.

New Zealand continues to be an important market for U.S. agricultural products. In 2023, New Zealand's imports of U.S. agricultural products returned to the previous year's value of US$ 520 million.

On April 30, the State Administration for Market Regulation (SAMR) released an announcement on the Technical Requirements for Health Food Product Filing with Ginseng, American Ginseng, and Ganoderma Lucidum as Ingredients.

This report lists the major export certificates and other documentation required by the Government of New Zealand for U.S. exporters and food and agricultural products.

In Marketing Year (MY) 2022/23, China imported 67,000 metric tons (MT) of planting seeds valued at $478 million. The United States is the largest supplier of planting seeds to China, accounting for 22 percent of MY 2022/23 planting seeds imports by value.

FAS/Sofia expects a lower Bulgarian rapeseed crop in marketing year (MY) 2024/25, falling by four percent from last year to about 200,000 metric tons (MT), due to a combination of reduced harvested area and unfavorable weather.

Peru’s mandarin/tangerine production and exports are expected to recover and increase by two and three percent, respectively, in MY 2023/2024 (March 2024 to February 2025). Production is forecast to reach 560,000 metric tons (MT), while exports are forecast to recover to 210,000 MT.

Record orange juice prices are expected to escalate orange juice production as growers increase deliveries for processing. Growers are diverting oranges from the export market and local sales towards processing on favorable prices.

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: New York Wines Uncork Potential in Hong Kong; Over One Million Hong Kong Cross-border Trips Over Festival Weekend; InvestHK's Seminar Tells Foreign Investors About F&B Opportunities In GBA Via Hong Kong; Hong Kong To Consider More High-speed Sleeper Trains to Beijing, Shanghai...

U.S. wheat exports are forecast to rebound by more than a million tons in the 2024/25 marketing year (June – May), after dipping to the lowest volume in more than 50 years in 2023/24.