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The Hong Kong Environmental Protection Department is in the process of mapping out legislative initiatives coupled with public education to enhance waste management. U.S. food exports to the city could be impacted by the government’s adoption of various producer responsibility schemes (PRSs) relating to plastic and glass beverage containers by which manufacturers/importers are expected to pay a levy.

On May 16, 2022, the Government of Mexico (GOM) published a presidential decree temporarily exempting the payment of import duties on 66 tariff lines covering staple food items and basic commodities for food processing. The tariff suspension is part of the GOM’s recently announced Program to Combat Food Price Inflation and Scarcity (PACIC).

On May 16, 2022, the Government of Mexico (GOM) published a presidential decree temporarily exempting the payment of import duties on 66 tariff lines covering staple food items and basic commodities for food processing. The tariff suspension is part of the GOM’s recently announced Program to Combat Food Price Inflation and Scarcity.

In the first quarter of 2022, U.S. agricultural exports fell to the lowest level in four years. While expanding U.S. direct exports to China, and lingering shipping issues continue to drive the overall decline in U.S. agricultural exports to Hong Kong, government restrictions in response to the city’s fifth wave of the pandemic exacerbated the drop in U.S. agricultural sales.

The Government of Mexico (GOM) has announced a program to combat food price inflation and scarcity titled “Paquete Contra la Inflacion y la Carestia (PACIC).” Along with PACIC, President López Obrador announced a plan to maintain “fair prices” for the basic food basket, through a voluntary agreement with the private sector, without the use of mandatory price controls.

The Hong Kong wine market has stayed resilient since the start of the COVID-19 pandemic. The local foodservice business has suffered the most as the operation of restaurants and bars were often curbed to contain the virus. However, wine retail sales injected energy to a sluggish market and enabled the continuation of wine consumption in Hong Kong.

In 2021, the total value of U.S. agricultural and food exports to Hong Kong dropped 12 percent compared to 2020, continuing its decline from the 2017 peak and reaching its lowest level since 2008. The overall drop in exports was driven primarily by lower sales of consumer-ready products which offset recoveries in other product categories.

In 2021, Hong Kong was the thirteenth largest market for U.S. pet food exports and a hub for pet food trade to the region. Hong Kong pet owners welcome U.S. pet food for its safety and quality. Despite lower exports in 2021, the United States is still the lead supplier, holding a 29 percent share of the Hong Kong pet food market.

Oilseed production is met with mixed expectations in 2022. Total soybean production is forecast to increase slightly due to higher planted area in marketing year (MY) 2022/23. However, the cancellation of federal commercialization support programs...

The Hong Kong market is signaling good prospects for organic products.

Mexico sugar production and exports are forecasted forecasted marginally higher for 2022/23.