Browse Data and Analysis

On June 30, 2023, the Department of Trade and Investment-Board of Investments (DTI-BOI) issued Memorandum Circular (MC) No. 2023-004 or the “Guidelines on the Availment of Duty Exemption/Value-Added Tax and Customs Duty Exemption on Importation of Capital Equipment, Raw Materials, Spare Parts and Accessories under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law."

The U.S.-Japan Trade Agreement, which entered into force on January 1, 2020, improved market access for U.S. products through the creation of tariff-rate quotas (TRQs) for food wheat, wheat products, malt, processed cheese, whey, glucose and fructose, potato starch, corn starch, and inulin.

Export and domestic prices increased 1-6 percent due to the strengthening of the Thai baht and the continuing demand for Thai rice.

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong.

This report provides guidelines on Hong Kong’s food import regulations. For the 2023 FAIRS report, the following changes have been made: 1) Section II – Labeling. Effective December 1, 2023, food containing hydrogenated oils must be labeled, 2) Instructions for brand name and food name on package have been updated...

On July 10, 2023, the People’s Republic of China (PRC), State Administration for Market Regulation (SAMR) released revised Administrative Measures for Product Formula Registration of Formula Milk Powder for Infants and Young Children.

Export prices increased 4-6 percent mainly due to the strengthening of the Thai baht.

Hong Kong does not have any certification changes for food imports since the last report submitted in July 2022.

The State Administration for Market Regulation issued the General Quality Standard for Nut and Seed Food, which will come into force on August 1, 2023.

Singapore imports more than 90 percent of its food and has a diverse, competitive array of trading partners. The United States and Singapore have a long-standing free trade agreement (FTA), and Singapore is a well-developed market for high-quality food and agricultural products.

This report highlights trends and recent statistics for U.S. origin wine imported into Japan, consumption trends, and opportunities for U.S. exporters.

Malaysia was the 26th-largest export destination for U.S. agricultural products in 2022, totaling nearly $1.1 billion in value, and is a top prospect for exports of food and beverage ingredients because of its large and growing food processing industry.