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- (-) April 2022
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The Philippines has long been an underserved market and an anomaly in Southeast Asia for U.S. seafood, accounting for less than $10 million of the total foreign supply in 2021, valued at $970 million.
Sugar production in Venezuela for MY 2022/23 is forecast to increase by 39% to 265,000 MT. The increase is primarily due to yield gains as a result of better access to quality inputs and a reduction in diesel shortages, as well as more favorable prices for producers.
This report identifies the export certification requirements by agricultural and food product. The Venezuelan ministries issue import permits, import licenses, and register processed food products. This report reflects minor changes from the 2021 report.
This report is an annual update of Venezuela's agricultural product import standards and enforcement mechanisms for U.S. exporters of agricultural commodities, foods, and beverages. Venezuela remains a complicated but promising market for U.S. agricultural products. The market has grown by 260 percent since 2019, illustrating opportunities exist.
This report outlines Philippine government requirements for the importation of food and agricultural products. The report aims to assist U.S. exporters by providing information on labeling, packaging, permitted ingredients, and other relevant information.
This report outlines the Philippine government’s required documents of the United States in order to facilitate the importation of U.S. food and agricultural products. Post has not made substantive changes to the report for 2022.
Post forecasts sugar production in Marketing Year (MY) 2023 to decline by 50,000 MT to 2 million MT, as high fertilizer prices lead to reduced yields. Production for MY 2022 is also lowered to reflect the damage to sugar farms in December 2021 by Typhoon Rai (local name Odette).
As Venezuela’s economy continues to recover into MY 2022/23, Venezuela is expected to increase its consumption of wheat by 5.2 percent. With rising global prices of wheat, Venezuela may shift to more price competitive sources like Brazil and away from the United States for wheat grains.
While Venezuela poses unique challenges as an export market, opportunities are growing for U.S. food and agricultural exporters to enter and expand in the market. Domestic production cannot meet consumer demand, leading to a continued dependence on...
The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.
Venezuelan agricultural imports grew by 33.1 percent in 2021 due to a stabilization of the economy and a recovery in consumer demand. Nevertheless, agricultural imports fell by 5.1 percent in volume due to significant commodity prices increases.
Philippine demand for imported high-quality food and beverage ingredients remains strong, despite supply chain disruptions, rising inflation, and logistical challenges.