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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).
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.
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.
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.
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.
A large portion of Australia’s winter cropping area is well-positioned, heading into the forecast year. In New South Wales, Queensland, and Western Australia, early seasonal conditions are favorable, indicating potential for strong wheat and barley production.