Browse Data and Analysis

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.

Australia is the world’s second-largest producer and exporter of almonds, behind only the United States, and the industry continues to grow.

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).

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.

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.

Australia is a prosperous, industrialized nation with a stable economy that fosters an open and transparent trade and investment environment.

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.

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.

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

Australia’s milk production in 2025 is estimated to decline to 8.6 million metric tons (MMT), following a significant 2.3 percent increase in 2024. The growth experienced in 2024 has stalled, primarily due to very dry conditions across southwest Victoria and South Australia.

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.