Browse Data and Analysis

This report offers U.S. exporters of agricultural and related products valuable insights on conducting business in Panama. In 2024, exports of U.S. agricultural and related products to Panama reached approximately $942.6 million.

Marketing year (MY) 2025/26 rice production in the Republic of Korea (ROK) is forecast further down on reduced planted area approaching half of the government’s reduction target of 80,000 hectares.

In June 2025, provisions impacting non-French trademarks on product packaging, labeling, public signage, posters, and commercial advertising, in Quebec’s French language legislation and regulations will come into force.

This report highlights certification requirements for food and agricultural products exported to Canada and supplements the FAIRS Country Report.

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.

South Korea’s whiskey imports experienced a compound annual growth rate (CAGR) of 17.1% in value from 2020 to 2024, totaling $249 million.

With limited domestic production and increasing consumer demand, Korean imports of tree nuts continue to grow steadily, recording a compound annual growth rate of six percent over the last five years.

Changes to Panama's import requirements reflected in this report are for pork, dairy products, seafood and rice. A new law establishes the inspections and food safety regulations for food products.

Panama recognizes the certificates and standards of the U.S. regulatory and sanitary inspection system, based on the United States – Panama Agreement regarding certain Sanitary and Phytosanitary measures and Technical Standards affecting Trade in Agricultural products, of December 20, 2006, simplifying requirements for the importation of U.S. food and feed products. Panama accepts electronic certificates.

Korea's food processing industry relies heavily on imports to fulfill its food and agricultural needs in order to manufacture a wide variety of food and beverage products.

Production of wheat, corn, barley, and oats is forecast to increase two percent year-over-year to 62.7 million metric tons (MT) in MY 2025/26 and area planted to grains will increase 2.2 percent year-over-year to 27.5 million hectares, according to Statistics Canada’s planting intentions survey.

The Canadian Food Inspection Agency has issued a new directive for “Phytosanitary requirements for the importation and domestic movement of grapevine material for propagation or decorative use as fresh cut vines”.