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The Caribbean Basin region continues to experience growth, driven primarily by the steady rise in tourism, which in turn impacts consumer demand.
The Japanese food market was valued at $424 billion in 2023 with retail sales accounting for $198 billion (47 percent) and foodservice sales accounting for $226 billion (53 percent).
On June 10, 2025, Japan’s Ministry of Economy, Trade and Industry (METI) introduced an action plan to introduce E10 and E20 gasoline. As part of this plan, Japan aims to introduce a nationwide E10 gasoline option by 2030.
Sales in Japan’s frozen food market have been increasing year by year, reaching a record high in 2023.
The Consumer Affairs Agency (CAA) of Japan proposed revisions of Japan’s maximum residue levels for five agricultural chemicals (Esprocarb, Ethaboxam, Picarbutrazox, Polyoxorim zinc, and Trifloxystrobin) for various agricultural commodities.
The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.
In March 2025, ATO Tokyo organized a USA Pavilion at FOODEX Japan, one of the largest international trade-only food shows in Asia that provides a strong venue for U.S. food companies to find importers and increase distribution in Japan and other Asian markets.
The Ministry of Agriculture, Forestry and Fisheries (MAFF) invites public comments on three different proposed Japan Agricultural Standard (JAS) revisions until May 17, 2025.
On April 16, 2025, the Ministry of Agriculture, Forestry and Fisheries (MAFF) of the Government of Japan opened a domestic public comment period on its revision of the safety regulations of feeds and feed additives produced with biotechnology.
Serbia’s overall grain production in MY 2024/25 had mixed results as its winter crops (wheat and barley) experienced bumper crops while corn, soybean and sunflower declined for the third year in a row.
The Consumer Affairs Agency (CAA) of Japan proposed revisions of Japan’s maximum residue levels for four agricultural chemicals (Butachlor, Etofenprox, Spinetoram, and Prallethrin) for various agricultural commodities.
On April 1, 2025, Japan formally lifted the mandatory aflatoxin testing requirements on U.S. almonds compliant with the new almond export protocol.