Browse Data and Analysis

This report provides guidance on shipping samples of U.S. food, beverage, and other agricultural products to the Philippines.

The United States is the second largest supplier of non-alcoholic beverages to the Philippines and holds a 12 percent market share. In 2021, U.S. export sales of non-alcoholic beverages reached a record $11.4 million, despite strong competition from within the Philippines and from Asian countries that benefit from zero-tariff trade.

Japan is updating its transport biofuel standards, which will expire in March 2023. In May 2022, Japan pledged to take all available measures to double demand for bioethanol by 2030. Boosting domestic production of sustainable aviation fuel (SAF), including alcohol-to-jet SAF, is Japan’s primary focus for meeting that commitment.

On December 2, 2022, the China National Intellectual Property Administration (CNIPA) published a notice for public comment on 173 products from the European Union (EU) that are applying for protection as geographic indicator (GI) products.

The State Administration for Market Regulation (SAMR) recently amended the existing Administrative Measures for Organic Product Certification which was enforced on April 1, 2014.

On November 14, 2022, China notified a revised draft for the “National Standard of the People's Republic of China (PRC) Cotton—Saw Ginned Upland Cotton” to the World Trade Organization (WTO) Technical Barriers to Trade (TBT) Committee. The PRC requested WTO members submit comments in 60 days. This standard will replace GB 1103.1 - 2012 Cotton - Part 1: Saw Ginned Upland Cotton.

The ongoing revival of South Korea’s food service sector strengthened consumer demand for beef and pork in 2022. This positive trend is expected to continue in 2023 as Korea’s hotel, restaurant, and institutional sectors gain momentum in a post-covid market.

The forecasts for MY2022/23 rice and corn production remain unchanged from the previous forecasts, as well as corn and wheat import demand.

Export prices increased 1-3 percent due to the further strengthening of Thai baht and new inquiries.

For the past two decades, the United States has been the leading supplier of wines to the Philippines. In 2021, U.S. wine exports to the Philippines soared to a record $20 million (3.8 million liters at an average cost of $5.20 per liter) as consumers temporarily traded up to more expensive wines during the coronavirus lockdown.

On larger than expected production loss related Indonesia’s palm oil export ban policy, Post revises down Indonesia palm oil production to 44.7 million ton (MMT) for 2022/23 and updates 2021/22 production to 43.2 MMT. Soybean imports for 2022/23 are forecast at 2.6 MMT on continued demand from tofu and tempeh producers.

The United States Becomes Hong Kong’s Top Ginseng Supplier; Hong Kong Travel Agency Predicts Comeback of Travel Business; Finance Minister Confident in Hong Kong’s Economic Fundamentals; Hopes for Normalcy Drive Sales of Hong Kong Shops; Macau to Ditch ‘Gambling Hub’ Image in Next Decade; Macau’s GDP Dropped 33 Percent to $4.6 Billion in Third Quarter