Browse Data and Analysis

There are no changes to rice and corn production and imports, nor wheat imports for MY 2023/24.

In 2022, the Philippine baking industry spent roughly $1.5 billion on ingredients, with 77 percent ($1.2 billion) imported. The United States supplied more than 55 percent or $845 million worth of ingredients, mostly wheat.

Starting July 13, 2023, a third-party certification issued by accredited certifying bodies will be mandatory to certify maximum sodium levels in processed products listed in Colombian Resolution 2013 of 2020.

Colombia is the main market for U.S. consumer-oriented products in South America. In 2022, U.S. consumer-oriented exports to Colombia reached a record $877 million.

Post sees the food and beverage retail sector growing six percent more slowly than last year. Retail sales continue accelerating as chains open new outlets while enhancing their imports sections.