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Post forecasts overall feed demand to grow in calendar years 2022/23 on par with local livestock and aquaculture production growth. Post forecasts marketing year 2022/2023 (MY 2022/23) wheat imports to decline to 3.90 million metric tons (MMT) due to the war in Ukraine causing high costs and reduced supply of wheat.

The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.

Panama recognizes the certificates and standards of the U.S. regulatory and sanitary inspection system, based on the United States – Panama Agreement regarding certain sanitary and phytosanitary measures and technical standards affecting trade in agricultural products, of December 20, 2006, simplifying requirements for the importation of U.S. food and feed products. Panama is accepting the electronic export certificates issued by APHIS and FSIS; and the sanitary and free sale certificates issued by NOAA, FDA and Enterprise Florida, Inc. for food products exported to Panama.

New changes to Panama's import requirements reflected in this report are for fresh potatoes, poultry products, and sanitary registrations for pet food, raw materials, ingredients and additives. Consumers continue to perceive U.S. food products as high quality, wholesome and reliable, which has resulted in continuous growth in demand.

This report provides information to U.S. exporters of agricultural and related products on how to do business with the Food Processing industry in Panama. It is primarily a service-based economy, but food processing is one of its top industries.

This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.

Despite ongoing high demand, Post estimates that U.S. cotton exports to Vietnam will decline by 25 percent in marketing year (MY) 21/22 due to price volatility, ongoing logistical challenges, and tough competition from Australia. Post forecasts Vietnam cotton imports for MY22/23 will increase 5 percent to approximately 8.2 million bales or about 1.78 million metric tons (MMT).

As Vietnam looks to rebound from the COVID-19 pandemic through economic recovery packages and loosening of restrictions, total animal feed demand is forecast to increase to meet animal production demands.

Vietnam's food processing sector was hit by COVID-19 restrictions but the food processing and manufacturing sector still grew by 2.9 percent in 2021 versus 2020.