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                China’s peach and nectarine production is forecast to fall 3 percent year-on-year to 17 MMT in MY 2025/26, driven by drought in the northwest and a spring cold snap in the north.
            
                                      
                This report provides guidelines on Hong Kong’s food import regulations.
            
                                      
                China remains a leading producer of food and agricultural products, as well as a top market for U.S. agricultural exports. Demand for U.S. agricultural and food products remained strong with imports of U.S. consumer-oriented products totaling $7.1 billion, according to China’s import data.
            
                                      
                The Malaysian food and beverage sector growth continues on a strong food processing sector and an increase in tourism fueling the HRI sector.
            
                                      
                This report serves as a practical guide for U.S. exporters wishing to initiate or increase exports of U.S. consumer-oriented products to Vietnam.
            
                                      
                Post forecasts MY2025/26 China's corn production at 298 MMT, up 3 MMT from MY2024/25, while imports are projected at 8 MMT, up 1 MMT year-over-year but still well below historical levels.
            
                                      
                Consistently ranking as the top Southeast Asia destination for U.S. consumer-oriented agricultural products, the Philippines presents a resilient market for U.S. food and beverage products, supported by a young workforce with high disposable income, a growing middle-income consumer base, and remittances from overseas workers.
            
                                      
                Thai rice exports declined amid rising global supply and lower imports by major buyers. While fragrant rice prices saw a slight rise, prices for most other grades fell.
            
                                      
                Marketing year (MY) 2025/26 rice production in the Republic of Korea (ROK) is forecast further down on reduced planted area approaching half of the government’s reduction target of 80,000 hectares.
            
                                      
                Following a lengthy period with a trade surplus, the U.S. trade balance with Indonesia in agricultural products began to reverse in 2021.
            
                                      
                Australia is the world’s second-largest producer and exporter of almonds, behind only the United States, and the industry continues to grow.
            
                                      
                Indonesia, Southeast Asia’s largest economy with a population of 282 million, presents significant opportunities for U.S. exporters despite regulatory challenges, declining middle-class purchasing power, and tariff preferences granted to our major competitors.
            
                                      