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India has extended the policy of unrestricted imports of yellow peas at zero duty until March 31, 2026. On May 30, 2025, the Ministry of Finance (MoF) issued a custom notification continuing the import duty exemption on yellow peas through March 31, 2026.

Following a lengthy period with a trade surplus, the U.S. trade balance with Indonesia in agricultural products began to reverse in 2021.

Indonesia, Southeast Asia’s largest economy with a population of 282 million, presents significant opportunities for U.S. exporters despite regulatory challenges, declining middle-class purchasing power, and tariff preferences granted to our major competitors.

India presents both significant opportunities and notable challenges for U.S. food and beverage exports. As the world’s fastest-growing major economy and currently the fifth largest globally, India is projected to rise to third place by 2028.

Post estimates India’s ethanol production in calendar year (CY) 2025 to reach 10.5 billion liters (BL), marking a 46 percent increase over 2024 due to improved feedstock availability and favorable monsoon conditions.

On May 8-9, 2025, FAS Jakarta and U.S. Embassy Dili led the first agricultural trade delegation of U.S. industry groups in Timor-Leste. The delegation met with senior government officials, importers, and private industry to explore opportunities for U.S. commodities.

On May 27, 2025, the Indian Metrological Department forecast an above-normal precipitation in the upcoming 2025 monsoon in most parts of the country.

On May 30, 2025, India reduced its import duty on crude soybean, sunflower, and palm oil from 20 percent to 10 percent, lowering the effective duty to 16.5 percent.

On May 22, 2025, FAS Jakarta organized the Indonesia Agricultural Biotechnology Showcase highlighting to Government of Indonesia (GOI) officials, university students, and other stakeholders Indonesia’s advances in the field of agricultural biotechnology.

India published guidelines for accepting recycled Polyethylene Terephthalate (rPET) as a food contact material. These guidelines are in alignment with its recently published measure that aims to enhance food safety standards by allowing the use of rPET for food packing, storage, and distribution.

On April 15, the Indian Meteorological Department (IMD) forecasted a 59 percent chance of an above-normal 2025 southwest monsoon, and an onset date of May 27, five days ahead of typical June 1 onset.

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.