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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.

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.

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.

On May 26, Japan’s Ministry of Agriculture, Forestry, and Fisheries affirmed that it would maintain the tariff-rate quota volumes for butter at 8,000 MT and non-fat dry milk (NFDM) at 750 MT for Japanese fiscal year 2023, in line with its previous announcement in January.

On June 16, 2023, Egypt notified the World Trade Organization (WTO) of a new halal requirement and procedure for food products via a Technical Barriers to Trade (TBT) addendum notification.

The Dominican Republic, through its Ministry of Industry, Commerce and SME’s (MICM), announced the activation of the CAFTA-DR agricultural safeguard measure for imports of mozzarella cheese from the United States on May 31, 2023.

The U.S.-Japan Trade Agreement (USJTA) entered Year 5 of the agreement implementation on April 1, 2023. This report is one in a series of product briefs highlighting the tariff benefits for specific commodities and products from Year 5 (2023) to Year...

Chile is the second-largest South American market for U.S. agricultural products. Solid political institutions and a stable macroeconomic environment, combined with high consumer purchasing power, make Chile a lucrative market for U.S. producers of wheat, cheese, pet food, alcoholic beverages, and other consumer-oriented products.

The U.S.-Japan Trade Agreement (USJTA) entered Year 5 of the agreement implementation on April 1, 2023.

FAS/Wellington’s New Zealand milk production forecast is raised for 2023 to 21.5 million metric tons (MMT) as a result of favorable pasture growing conditions entering the year and strong milk production during the first four months of 2023.

Improved production efficiency and a larger cattle inventory are expected to increase China’s raw milk production by four percent, to over 42 million metric tons (MMT), in 2023.

EU environmental restrictions and elevated input costs are depressing milk production in 27 European Union Member States (EU27). Additionally, the increase in cow productivity can no longer compensate for the decline in the EU27 dairy cow herd.