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New Zealand continues to be an important market for U.S. agricultural products. In 2021, despite logistical and other challenges because of COVID-19, New Zealand’s imports continued to grow to a record US$ 625 million of U.S. agricultural products.
Vietnam cotton imports in marketing year 2021/22 (MY21/22) decreased 9 percent year on year to roughly 1.4 million metric tons (MMT) with a 30-percent higher value at $3.5 billion, according to Vietnam Customs data.
The report provides trade data on Vietnam's monthly rice exports by grades and destinations, and weekly quotes for export rice by grades.
This report provides updated information about the adoption of agricultural biotechnology in Vietnam. Since approving all outstanding applications for food and feed use in August 2021, Vietnam has not resumed its regulatory process for acknowledging and reviewing new applications.
Post revises its estimate of Vietnam marketing year 2022/2023 (MY 2022/23) coffee production down to 30.22 million bags, green bean equivalent (GBE), due to lower yields, despite abundant rainfall that supported the flowering and cherry setting stages.
The New Zealand Productivity Commission submitted a report to the Government of New Zealand recommending that a review should be done on regulation of genetic modification to ensure it is fit for purpose and supports domestic innovation. Other than that, there have been no recent significant official changes to the genetically engineered (GE) policies established by the New Zealand government.
The outlook for the 2022/23 apple season in New Zealand is much more optimistic with the opening of international borders following COVID-19 restrictions. While the last two apple harvests were severely impacted by the lack of labor, the return of overseas workers under the Recognized Seasonal Employer (RSE) scheme is expected to help allow a recovery in production, with the forecast up 12 percent from the previous year’s estimated crop.
As the economic hub in Vietnam's central and central highland regions, Da Nang has emerged in recent years as a retail market with strong potential. Rapid urbanization, economic development, and a booming tourism sector have created more opportunities for U.S. food and beverage products.
FY2022 agricultural exports reach record levels.
New Zealand milk production is forecasted to fall slightly in 2023. Although milk prices are at extremely high levels and expected to remain elevated, a number of issues are limiting the production response. This includes a slowly declining national herd, and also that on-farm inflation is expected to remain high as a result of the weak NZ dollar impacting imported input prices, as well as strong global fuel prices.
This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.
This report provides the latest update regarding developments in Vietnam’s Hotel, Restaurant, and Institutional (HRI) food service sector and provides a road map for exporters wishing to enter the market. Vietnam’s HRI market continued to be hit hard by the COVID-19 pandemic, resulting in a 21 percent decline in revenue from $20.7 billion in 2020 to $16.3 billion in 2021.