Browse Data and Analysis

Post slightly lowers the MY 2023/24 rice production forecast due to some minor aman season crop damage caused by a cyclone. Despite the reduced production, Post lowers the rice import forecast to 500 thousand MT, as the Government of Bangladesh maintains its high rice import tariff of 62.5 percent.

Bangladesh is pursuing advanced biotechnological crop research. In June 2023, the Bangladesh Academy of Science submitted a “Standard Operating Procedures for Research and Release of Genome Edited Plants of Categories SDN-1 and SDN-2 in Bangladesh”...

Post lowers the forecast for marketing year (MY) 2023/24 raw cotton imports to 7.5 million bales on lower work orders for garments coupled with Bangladesh’s economic challenges including declining foreign exchange reserves. The export value of ready...

The United Kingdom's Border Target Operating Model, its post-Brexit system of import controls on animals, animal products, plants, and plant products, is set to come into effect on exports from the EU on January 31, 2024, and from the rest of the...

The Genetic Technology (Precision Breeding) Act received Royal Assent on March 23, 2023, confirming it as an act of Parliament. The Act is the first phase of amending the United Kingdom’s (UK) regulatory framework for genetically engineered (GE)...

This is a periodic report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.

Chickpeas, also known as garbanzo beans, are a legume full of protein, fiber, complex carbohydrates, and are relatively low in calories. Chickpeas are used in many Indian and Mediterranean dishes. Australia, India, and Canada are the top three chickpea exporters accounting for more than 40 percent of the world’s exports in 2022. Pakistan is the largest importer, followed by the European Union, Bangladesh, and Turkey.

Following the end of the pandemic, the hospitality sector in the United Kingdom (UK) continues to face several challenges including a cost-of-living crisis and soaring inflation rates.

Changes to UK alcohol tax rates were implemented on August 1, 2023. The UK government calls this an alcohol duty, but it is an excise tax charged at the point of production or importation of drinks of alcoholic strength exceeding 1.2 percent alcohol by volume (ABV) – the percentage of pure alcohol per liter of product.

The Ministry of Agriculture in Bangladesh amended the Bangladesh Seed Rules of 2020, allowing seed companies to release and register their crop varieties one year after obtaining their dealership registration.

With the late arrival of monsoon rains in Bangladesh, Post lowers its forecasts of rice harvested area and production in marketing year (MY) 2023/24, on decreased aus and aman season rice cultivation.

The United Kingdom (UK) and member states of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) signed the agreement to join the CPTPP in July 2023.