Browse Data and Analysis

Vietnam offers abundant opportunities for exporting consumer-oriented products, despite the challenges of recovering from the COVID-19 pandemic and dealing with high inflation. The Vietnamese economy is poised for significant expansion in the coming decades. With a burgeoning population and a growing middle class, Vietnamese consumers are becoming more discerning about the origin and composition of their food.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

In 2023 Bulgarian dairy farming stabilized with a growth in milk deliveries. This was due to improved milk yields despite continued decline in the dairy cow herd, and due to record high fluid milk imports.

Colombia is the largest South American market for U.S. agricultural products and the seventh-largest market for U.S. food and beverage exports globally. Since the U.S. – Colombia Trade Promotion Agreement (CTPA) was implemented in 2012, U.S. agricultural exports have grown by more than 235 percent to a record $3.7 billion in 2023.

On March 12, 2024, the People’s Republic of China (PRC) National Health Commission (NHC) and State Administration for Market Regulation (SAMR) jointly published 47 new or updated national food safety standards and six amendments.

On March 14, the Central Bank of Nigeria (CBN) officially noted the lifting of restrictions on sourcing foreign exchange to import dairy products. Previously, only six designated companies could source foreign exchange from the government to import dairy products.

On January 19, 2024, China’s State Administration for Market Regulation (SAMR) released a letter soliciting public comments on an update to the Food Safety Law. The revision added new registration requirements for liquid formula milk for infants and...

On December 11, 2023, the People's Republic of China (PRC) Secretariat of National Food Safety Standard Review Committee of the National Health Commission (NHC) published an announcement soliciting public comments on 21 national food safety standards...

On January 3, India’s Department of Animal Husbandry and Dairying (DAHD) published on its website, Office Memorandum L-11/1/2019-Trade (E-11542), to delay the implementation timeline of the new integrated Veterinary Health Certificate requirements for milk and milk products by six months.

India is the world’s most populous country and boasts one of the fastest growing economies in the world. As Indian households continue to reach higher levels of consumer spending, imported agricultural products are becoming more accessible to a larger number of people.

This annual report includes information on U.S. and global imports of dairy products, including maximum quantities that can be imported under tariff-rate quota licensing.

On December 21, 2023, the State Council Tariff Commission (SCTC) announced its annual tariff adjustment plan that sets tentative import and export tariff rates for select commodities in 2024.