Browse Data and Analysis

Canada’s wheat marketing year 2021/22 was defined by drought, fires, atmospheric rivers, and the resilience of Canada’s rail transportation sector. Canadian wheat export volumes are down 37 percent (August to November 2021) from the previous year, though wheat exports by value are 95 percent of the value earned the previous year, due to strong global prices.

The Malaysian food processing industry has been identified as a crucial component of future national economic recovery and growth resulting from the significant disruption of COVID-19 pandemic.

The Malaysia food retail sector was estimated at $18 billion in 2020, and is projected to grow 30 percent to $23 billion by 2025.

Canada was the number two overseas market for U.S. food and agricultural exports in 2020, importing $17.1 of U.S. high-value, consumer-oriented goods.

In spring 2022, Canada’s new border Assessment and Revenue Management program (CARM) will become mandatory for importers, including non-resident importers (such as U.S. exporters acting as the importer of record on customs documents).

The federal government opened public consultations on proposed regulations to ban the use of several single-use plastic items, such as checkout bags, stir sticks and straws. Stakeholders have until March 5, 2022, to provide their input.

Canada’s draft Clean Fuel Standard, published in December 2020, outlines the beginnings of a nationwide framework for adopting a carbon intensity approach for renewable fuels. The final regulation is expected to be published in Spring 2022.

As Malaysia's economy begins to recover from COVID-19 impacts, U.S. exporters can find strong opportunities in the retail food and food processing sectors. While recovery may take longer in the HRI sector, Malaysians' love of dining out and continued development of tourism will contribute to future growth in this area.

Post revised its MY 2021/22 crude palm oil (CPO) production downward from 18.2 million tons to 18.0 million tons, taking into account the effect of anomalous weather from the super typhoon Rai (a month of rain recorded in one day on December 18 in Peninsular Malaysia) and the continuing acute labor issue the industry has faced since 2019.