Browse Data and Analysis

On January 13, 2023, President Ferdinand R. Marcos, Jr. signed Executive Order (EO) 13, series of 2023, extending 5 percent tariffs for mechanically deboned or separated poultry (chicken and turkey) imports through December 31, 2024. The EO was published on January 20, 2023 and takes effect immediately.

FAS Manila forecasts 2023 pork production at 1 million MT, as commercial pork producers plan to raise larger pigs. Pork imports, meanwhile, are forecast at 600,000 MT in response to lower tariffs that have been extended through December 31, 2023.

With the start of 2023, New Zealand has begun to experience a nation-wide egg shortage, which follows price rises for eggs during the last year. Contributing factors for the price increase and supply shortfall are labor shortages in laying operations...

U.S. agricultural exports to China in fiscal year (FY) 2022 were $36.4 billion and surpassed the previous year’s record with China as the largest export market for the second consecutive year. Significantly higher agricultural prices and resilient demand helped drive exports above the previous year’s record despite lower volumes for most products.

The Ministry of Agriculture, Forestry and Fisheries (MAFF) has proposed geographical indication (GI) protection for Tokachi Raclette cheese from Hokkaido Prefecture. MAFF will accept comments on the proposal until March 27, 2023. If approved, Tokachi Raclette cheese will become the first domestic dairy product in Japan’s GI system.

On December 29, 2022, the State Council Tariff Commission (SCTC) announced its annual tariff adjustment plan that sets tentative import and export tariff rates for select tariff lines in 2023. According to the 2023 tariff adjustment plan, the PRC will calculate MFN tariffs on certain frozen chicken products by applying a tariff on the import value rather than by volume (RMB/KG).

New Zealand is by far the largest exporter of deer meat and products in the world. The first commercial deer farm in New Zealand was established in the early 1970s and since then, the industry has grown into an on-average NZ$280 million (US$175 million) per year export earner for the country’s agricultural sector.

New Zealand is the second largest exporter of lamb meat in the world, only slightly below Australia, and also one of the top exporters of wool. Today the national sheep herd is far less than half of its peak of approximately over 70 million in the 1980s, having declined to only 26 million today. Despite the national flock continuing to decline, during the last decade meat production and exports have remained stable.