Thursday, October 31, 2024

GAIN Reports from October 30, 2024

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The following GAIN reports were released on October 30, 2024.

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Angola: FAIRS Country Report Annual

This report summarizes Angola's general food laws, regulatory authorities, major import/export procedures, food and packaging/labeling regulations, registration measures, and other trade facilitation issues. At the end, it provides contact information for major government regulatory agencies and a list of useful local public and private sector contacts for additional technical product-specific information and import assistance. This report outlines the most important information that companies need to pay attention to when exporting food and agricultural products to Angola. It contains information from the government authorities who oversee imports of agricultural and food products, including the Ministry of Agriculture and Forestry and the Ministry of Industry and Commerce, as well as subordinate agencies of these institutions. This country report is designed to be used in conjunction with the 2024 FAIRS Export Certificate report.

 

Angola: FAIRS Export Certificate Report Annual

This report documents Angola's technical policies, practices, and import requirements for food and agricultural products. Notable updates include numerous veterinary health certificates for animals and animal genetics. In the absence of a food safety law, Angola follows international Codex Alimentarius standards. This report is designed to be used in conjunction with the 2024 FAIRS Annual Country Report.

 

Argentina: Oilseeds and Products Update

Post increases marketing year (MY) 2024/2025 soybean production to reach 52 million metric tons (MMT), up 1 MMT higher than USDA official and Post's previous estimate on 17.2 million hectares (MHA) harvested as producers shift to more soy away from corn over fears of the impact of corn stunt (leafhopper/Chicharrita) in corn, continued low prices, and expected dry conditions. Soybean crush is increased to 42 MMT in MY2024/25 fueled by higher production and higher imports, primarily from Paraguay as Argentina's processing sector continues its recovery from several years of drought. Sunflower production is also poised to increase to 1.9 MHA planted resulting in a production of 4 MMT in MY2024/2025 with expansion tempered by dry conditions in the northern growing region at the ideal planting window. Post maintains previous peanut production, crush, and export forecasts in MY2024/2025 and MY2023/2024 with a production of 1.35 MMT in both years.

 

China: Beautification Plans Shed Insight on Climate and Rural Development Efforts

On December 27, 2023, China issued Guidelines to Comprehensively Promote the Development of a "Beautiful China." The guidelines propose several goals, tasks, and reforms for building a beautiful China between 2027 and 2035. Following the central-level, national guidelines, many provinces have formulated their own beautifications plans. This report provides an overview of the PRC's central guidelines and provincial beautification plans that highlight or reference agriculture and forestry. In some respects, the plans encompass prior efforts or initiatives for sustainable or climate-related agricultural initiatives or development programs that are now repackaged through this broader effort.

 

Cote d'Ivoire: Cote d'Ivoire - It's Time for US Wines in Abidjan 

Côte d'Ivoire's wine market is a growing, and set to further expand thanks to the takeoff of a modern and internationally well connected middle class. At the same time, urbanization is expanding alongside a dynamic retail market offering U.S. wines a potentially attractive export destination. With no real domestic wine production of its own, the Ivoirian wine marketplace is dependent on imports. In 2023 (latest full calendar year data), Côte d'Ivoire with $64.1 million in wine imports (harmonized system heading 2204), is sub-Saharan Africa's largest wine importer; outpacing the likes of South Africa ($54.3 million), Namibia ($40 million), and Kenya ($23.9 million). Côte d'Ivoire, with a projected gross domestic product (GDP) of 7 percent in 2024, is one of the fastest growing economies in the world, as well as the economic engine of Francophone West Africa. Ivorians are already habituated having wine with their meals and accustomed to pairing these to compliment even their renown local spicy dishes.

 

European Union: European Commission Authorizes Four GE Crops for Import

On October 8, 2024, the European Commission approved four genetically engineered crops (corn and cotton) for food and animal feed. The four authorizations were published in the European Union's Official Journal on October 10, 2024, and they remain valid for 10 years.

 

Japan: FAIRS Export Certificate Report Annual

This report lists major export certificates required by the Japanese government to export food and agricultural products from the United States to Japan. For more information on Japan's import requirements, see the Food and Agricultural Import Regulations and Standards (FAIRS) Annual Country Report for Japan at https://gain.fas.usda.gov/#/home.

 

Turkiye: Grain and Feed Update

Turkiye's overall production of grain for marketing year (MY) 2024/25 is forecast to drop year-over-year due to drier-than-normal weather conditions across most of the country. Despite wheat production falling year-over-year by almost 2.0 million metric tons (MMT), Turkiye still has huge inventories of wheat that it is trying to liquidate. Imports and exports of wheat are both forecast down because of internal pricing dynamics and government limits on imports. To stabilize rising corn prices resulting from a decline in production, the government instituted a 1.0 MMT corn tariff rate quota (TRQ). Rice production is expected to be slightly better than last year, but still below long-term averages.

 

 

For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/.


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