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Hai Phong is Vietnam’s third largest city with a rising population of over 2 million. Notably, it is the largest port city in northern Vietnam, containing three main terminals within the Hai Phong port hub.
Retail food channels in Taiwan include convenience stores, supermarkets, and hypermarkets, which generated more than $25 billion in sales in 2023. The United States remains the leading supplier of consumer-oriented food and agricultural products to Taiwan.
Rice export prices further dropped 2-6 percent from the previous week despite a strengthening of the Thai baht to a 19-month high.
U.S. pet food exports to China have grown with the increasing number of registered facilities and approved import licenses. The largest share of Chinese pet owners lives in second-tier cities, with export opportunities for U.S. pet food brands that want to reach more of the Chinese market.
Australia and the United Arab Emirates announced that negotiations on a new trade agreement, the Australia-United Arab Emirates Comprehensive Economic Partnership Agreement, have concluded.
FAS/Tokyo estimates lower wheat and barley production in Marketing Year (MY)2024/25 from the previous year as unfavorable weather conditions and disease outbreak have reduced yields in main production regions.
On September 12, 2024, Cambodia announced a six-month extension of the temporary ban on the importation of frozen pork offal which had been set to expire that day.
China removed quarantine access requirements for frozen fruit imports in August 2024. This allows frozen fruit imports from any country, according to the updated imported food catalogue by the General Administration of Customs of China (GACC).
Australia is experiencing a cost-of-living crisis due to rising inflation. Consumer behavior and societal trends are driving shifts in shopping habits. Meanwhile, sustainability, waste reduction, food integrity, and healthy eating are key factors influencing product choices.
The retail industry in Japan remained stable despite the continued strength of the U.S. dollar vs. the Japanese yen. To drive demand, retailers have strategically targeted the younger generation who seek easy-to-prepare, frozen, and ready-to-eat foods.
On August 27, 2024, Japan’s Ministry of Agriculture, Forestry, and Fisheries (MAFF) registered geographical indication (GI) protection for Pineapple Huaymun from Thailand, which is the third Thai GI item registered in Japan.
FAS/Wellington 2025 market year production forecast would be the highest annual production on record, If realized. In addition, post is forecasting that beef and veal exports in 2025 to also be the highest volume for New Zealand in a single year.