https://agrospectrumasia.com/rssfeed/supply-chain/export export https://agrospectrumasia.com/news/188/4620/milkgroound-food-partners-with-dksh-to-take-chinese-cheese-into-global-markets.html https://agrospectrumasia.com/news/188/4620/milkgroound-food-partners-with-dksh-to-take-chinese-cheese-into-global-markets.html Mon, 07 Sep 2026 16:42:00 +0530 Shanghai Milkgroound Food Tech Co., Ltd. is turning to an international distribution partner to take its cheese business beyond China, launching its products in Hong Kong as the first step in a broader push into Southeast Asia and the Middle East. The company announced a strategic partnership with DKSH at a press conference in Hong Kong, formally bringing Milkgroound Food’s cheese products to the market through the Swiss-headquartered market expansion services provider. The partnership marks a shift in the way Chinese cheese brands are approaching overseas markets—from isolated export trials toward a more structured strategy built around established distribution networks and local market intelligence. DKSH has more than 160 years of experience in Asia and operates across 35 global markets. Under the partnership, Milkgroound Food will use DKSH’s distribution network to establish an initial presence in Hong Kong, while using the market as a testing ground for future expansion into Southeast Asia and the Middle East. The first focus will be retail and foodservice channels. For Milkgroound Food, Hong Kong offers more than a new sales market. Its mature consumer environment provides a relatively controlled setting in which the company can test how consumers respond to Chinese-developed cheese products, from taste and nutritional positioning to packaging and usage occasions. That feedback will also flow back into the company’s domestic innovation pipeline. The international expansion is planned in three stages. The first involves launching two ambient high-calcium cheese sticks in Hong Kong and gathering consumer feedback. The second will incorporate those insights into product development, supported by Milkgroound Food’s Global Cheese R&D Innovation Center. The third will use the experience gained in Hong Kong to support expansion into broader international markets. The approach reflects a growing realization among Chinese food companies that international expansion is not simply a distribution challenge. Products that succeed at home can require changes in formulation, positioning, packaging and consumption occasions before they can compete in established overseas markets. That makes Hong Kong both a commercial destination and a product-development laboratory. The company intends to use direct engagement with consumers in the market to understand preferences around taste, nutrition, packaging and how cheese products are consumed. Those insights can then inform subsequent product iterations before the company moves into more geographically diverse markets. The strategy also reflects the changing economics of China's cheese industry. China has historically been a relatively small cheese-consuming market compared with mature dairy markets, but changing diets, rising demand for convenient nutrition and the development of new cheese formats have created opportunities for domestic manufacturers. As local companies build greater capabilities in product development and manufacturing, overseas markets represent a potential next stage of growth. The challenge is competing in markets where consumers already have established preferences and where international dairy companies have strong distribution and brand recognition. Partnering with DKSH gives Milkgroound Food a way to avoid building an international commercial infrastructure from scratch. Instead, the company can leverage an established market network while concentrating its own resources on product development, consumer learning and expansion. The partnership is also intended to provide insights into broader premiumization and functional-food trends. Those learnings could ultimately influence Milkgroound Food’s products in China, creating a two-way flow between international market development and domestic R&D. The company’s longer-term ambition is therefore not simply to export existing products. It wants to develop cheese products that retain characteristics suited to Chinese consumers while gaining acceptance among consumers in other markets. That is a more demanding proposition than traditional export growth. It requires companies to balance local taste preferences with broader consumer expectations around nutrition, convenience and product functionality. Milkgroound Food’s three-stage approach is designed to reduce that risk by starting with a relatively focused market before expanding geographically. Hong Kong provides an initial test of product-market fit. Product development follows based on consumer feedback. Broader international expansion comes only after the company has accumulated experience in adapting and commercializing its products outside mainland China. This partnership adds a Chinese cheese producer to its portfolio at a time when Asian food markets are becoming increasingly interconnected and Chinese consumer brands are looking for international growth. Milkgroound Food, is attempting to build an export model in which distribution, consumer research and product innovation reinforce one another. The ultimate goal is to develop what the company describes as “Chinese cheese that pleases palates worldwide”—products rooted in Chinese consumer preferences but capable of competing for attention in international markets.   ]]> https://agrospectrumasia.com/news/188/4311/philippine-saba-bananas-win-repeat-orders-in-new-zealand-boosting-export-prospects.html https://agrospectrumasia.com/news/188/4311/philippine-saba-bananas-win-repeat-orders-in-new-zealand-boosting-export-prospects.html Mon, 20 Jul 2026 17:14:40 +0530 The Philippines has shipped its second commercial consignment of fresh saba (cardava) bananas to New Zealand, marking another step in the country's efforts to diversify agricultural exports and position indigenous crops in premium overseas markets. The latest shipment, organised by Davao City-based AVANTE Agri-Products Philippines Inc., follows the successful delivery of its inaugural export earlier this year, which has now translated into repeat orders from New Zealand buyers. Packed in a 40-foot refrigerated container, the shipment comprises 1,400 boxes of export-grade fresh saba bananas destined for Fresh Produce Group NZ Ltd. Each 12-kilogram box was prepared under stringent food safety and phytosanitary standards to ensure product quality throughout the journey. The repeat order reflects growing buyer confidence in Philippine-grown saba bananas, a staple long associated with local cuisine that is now finding a place in international fresh produce markets. Diversifying export markets For the Philippines' banana industry, the shipment represents more than another export order. It signals progress in reducing reliance on traditional export destinations while creating new revenue streams for growers in Mindanao, the country's largest banana-producing region. The fruit was sourced from accredited farms in Davao del Norte and processed through certified packing facilities that comply with international food safety and export protocols, highlighting improvements across the country's fresh produce supply chain. Department of Agriculture Regional Executive Director Macario D. Gonzaga said the repeat shipment demonstrates the industry's ability to consistently meet international quality requirements. "This second shipment is a testament to the dedication of our farmers, exporters and industry partners in consistently delivering high-quality Philippine saba bananas that meet global standards," Gonzaga said. Native crops find global opportunities The export also reflects growing international interest in native Philippine agricultural products as buyers increasingly seek differentiated and premium fresh produce. Agriculture Secretary Francisco P. Tiu Laurel Jr. described the shipment as an encouraging development for both farmers and exporters, noting that expanding market access remains central to the government's agricultural strategy. "This is welcome news for our farmers and exporters. It proves there is a growing market for high-quality Philippine products overseas," he said.According to the Department of Agriculture, every new export destination creates opportunities to improve farm incomes, generate rural employment and strengthen the competitiveness of Philippine agriculture. Building a resilient export industry Agriculture Undersecretary for Export Philip Young said the New Zealand shipment aligns with the government's broader objective of expanding both export markets and product categories. As global consumers increasingly look for specialty produce with unique culinary appeal, fresh saba bananas have the potential to command higher value while broadening the country's agricultural export portfolio. The company also credited farmers, exporters, logistics providers and government agencies for supporting the shipment, underscoring the collaborative effort required to build sustainable agricultural export markets. With repeat orders now secured, the success of Philippine saba bananas in New Zealand could pave the way for wider market expansion, offering fresh opportunities for growers while strengthening the country's position in the global fresh produce trade. ]]> https://agrospectrumasia.com/news/188/4302/algeria-accelerates-phosphate-infrastructure-as-export-capacity-expands.html https://agrospectrumasia.com/news/188/4302/algeria-accelerates-phosphate-infrastructure-as-export-capacity-expands.html Fri, 17 Jul 2026 18:19:53 +0530 Algeria is accelerating the expansion of its Annaba phosphate port as part of a broader strategy to strengthen its position in the global phosphate market, with the government targeting completion of the project by the first quarter of 2027. To fast-track construction, the Ministry of Public Works and Infrastructure has announced plans to double the workforce and deploy additional heavy machinery during July and August, underscoring the strategic importance of the Mediterranean port to the country's rapidly expanding phosphate industry. The upgraded Annaba facility is expected to become Algeria's primary export gateway for phosphate rock and downstream phosphate products, supporting the country's ambition to emerge as a more significant supplier to European and Asian fertilizer markets. Building an integrated phosphate value chain The port expansion forms a critical component of Algeria's efforts to develop an integrated phosphate production and export ecosystem. At the centre of this strategy is the IPP Souk Ahras phosphoric acid complex, which is designed to produce 900,000 metric tonnes of P₂O₅ annually. To operate at full capacity, the facility is expected to consume approximately 3 million metric tonnes of phosphate rock each year, creating substantial demand for domestic mining output. Supplying the processing complex is the Bled El Hadba phosphate mine, which has already commenced operations and is building inventories ahead of increased industrial production. The synchronized development of mining, processing and export infrastructure reflects Algeria's strategy of moving beyond raw mineral exports toward higher-value phosphate products. Mining capacity set for further expansion Algeria is simultaneously increasing phosphate production capacity through additional investments in mining operations. State phosphate producer Somiphos is undertaking a 1 million metric tonne annual expansion at the Djebel Onk mine, which is expected to be completed by mid-2027. Once operational, the project will raise the mine's production capacity from approximately 1.5 million metric tonnes to 2.5 million metric tonnes annually. The additional output is expected to support both domestic processing and export markets, providing Algeria with greater flexibility as global fertilizer demand continues to grow. Expanding presence in Asian markets Part of the expanded production has already been earmarked for international markets. Under an existing agreement with Pupuk Indonesia, Algeria could supply up to one million metric tonnes of phosphate rock annually, strengthening trade ties with Southeast Asia while diversifying export destinations beyond traditional European markets. The increased availability of Algerian phosphate could also provide fertilizer manufacturers in Europe and Asia with an alternative source of raw material at a time when supply diversification has become increasingly important. Market impact likely to be gradual While Algeria's investment programme signals a significant long-term expansion of phosphate supply, analysts suggest it is unlikely to immediately ease current market tightness. Global phosphate markets continue to face supply-side pressures driven by disrupted shipping routes in the Gulf region, elevated sulphur prices and ongoing geopolitical uncertainties affecting fertilizer trade. As a result, Algeria's additional production is expected to improve supply diversity over the medium term rather than significantly alter short-term market dynamics. Strategic investment in fertilizer security The Annaba port expansion illustrates Algeria's broader strategy of leveraging its abundant phosphate reserves to strengthen its role in global fertilizer supply chains. By integrating mining, phosphoric acid production and export logistics, the country is positioning itself to capture greater value across the phosphate industry while responding to rising international demand for fertilizer raw materials. If completed on schedule, the project could establish Algeria as an increasingly important supplier to both European and Asian fertilizer manufacturers, enhancing competition in global phosphate markets at a time when supply security remains a strategic priority. ]]> https://agrospectrumasia.com/news/188/4256/india-moves-closer-to-green-ammonia-export-hub-as-acme-wins-major-japan-contract.html https://agrospectrumasia.com/news/188/4256/india-moves-closer-to-green-ammonia-export-hub-as-acme-wins-major-japan-contract.html Fri, 10 Jul 2026 17:15:20 +0530 ]]> https://agrospectrumasia.com/news/188/4225/can-ube-become-philippines-next-export-superstar.html https://agrospectrumasia.com/news/188/4225/can-ube-become-philippines-next-export-superstar.html Mon, 06 Jul 2026 17:01:27 +0530 The Philippines is setting its sights on turning ube—the country's iconic purple yam—into its next major agricultural export, as policymakers seek to diversify export revenues beyond traditional commodities and capture rising global demand for premium, plant-based food ingredients. Rather than pursuing a government-driven programme, the Department of Agriculture (DA) is adopting an industry-first approach, bringing together growers, processors, exporters, researchers and market players to build a coordinated roadmap for expanding production, strengthening supply chains and elevating the global profile of Philippine ube. The initiative reflects a broader effort to reposition specialty crops as engines of rural economic growth amid increasing international demand for natural colours, functional ingredients and value-added food products. From Niche Ingredient to Global Brand Although Philippine ube has earned international recognition for its distinctive flavour and vibrant purple colour, industry leaders believe the sector remains constrained by fragmented production, inconsistent quality standards and limited coordination across the value chain. These structural challenges have prevented producers from fully capitalising on rapidly expanding export opportunities, particularly in premium bakery, confectionery, dairy and plant-based food markets. Officials believe that establishing stronger industry coordination could unlock significant commercial potential while improving farmer incomes and attracting greater private investment. Building an Integrated Industry Central to the government's strategy is the creation of a national ube federation that would unite producers, processors, exporters and researchers under a common institutional framework. The proposed body is expected to coordinate industry priorities, facilitate market development and strengthen collaboration across the supply chain, enabling the sector to pursue long-term growth through collective action rather than fragmented initiatives. Authorities also plan to expand the availability of high-quality planting materials by scaling up tissue culture, community nurseries and mini-set propagation technologies capable of multiplying seed stocks more rapidly than conventional methods. Production expansion is expected to focus on strategically selected growing regions while additional processing capacity is being planned to support increasing commercial demand. Science Meets Commercial Agriculture Research institutions are simultaneously accelerating efforts to develop improved ube varieties capable of delivering higher yields, better quality and stronger commercial performance. Scientists have already identified promising purple ube lines with significantly enhanced productivity, creating opportunities to increase production without proportionately expanding cultivated area. The next phase will involve evaluating new varieties in close collaboration with processors and exporters to ensure they satisfy market requirements for colour, texture, flavour and processing characteristics. This market-oriented approach reflects a growing recognition that successful agricultural innovation must align scientific research with commercial demand. Branding the Purple Economy Beyond production, branding has emerged as one of the industry's most pressing priorities. Stakeholders are advocating for a unified national identity that positions Philippine ube as a premium product in international markets while differentiating it from competing suppliers across Southeast Asia. The strategy also includes developing standardized colour classification systems using scientific measurement tools, strengthening intellectual property protection and creating consistent quality benchmarks capable of reinforcing buyer confidence. Industry participants argue that stronger branding will be essential as competition intensifies among regional exporters seeking to capitalise on the expanding global appetite for natural ingredients and premium food products. A Long-Term Export Strategy The government has already earmarked funding under its proposed 2027 agricultural budget to support industry development, with additional consultations scheduled to finalise investment priorities, governance structures and implementation plans. The initiative represents more than an effort to expand exports. It reflects a broader strategy of building high-value agricultural industries that integrate research, production, processing, branding and international market development. If successful, ube could join coconut, banana, pineapple and mango as one of the Philippines' flagship agricultural exports—demonstrating how coordinated industry development can transform a culturally significant crop into a globally competitive agribusiness. As consumer demand shifts towards natural, functional and sustainably produced food ingredients, the Philippines is positioning its signature purple yam not simply as a local delicacy, but as a premium agricultural brand capable of competing on the world stage. ]]> https://agrospectrumasia.com/news/188/4199/premium-md2-pineapples-propel-philippine-agricultural-expansion-in-middle-east.html https://agrospectrumasia.com/news/188/4199/premium-md2-pineapples-propel-philippine-agricultural-expansion-in-middle-east.html Wed, 01 Jul 2026 11:12:49 +0530 The Philippines is steadily strengthening its agricultural presence in the Middle East, marked by the arrival of an 18-metric ton shipment of premium MD2 pineapples in the United Arab Emirates on June 28. The latest export underscores growing international demand for Philippine fresh produce and the government's strategic push to diversify agricultural export destinations. A ceremonial launch at Dubai's Al Aweer Fruit and Vegetable Market brought together representatives from the Philippine Embassy in Abu Dhabi, the Philippine Consulate General in Dubai, the Philippine Trade and Investment Center-Dubai, and the Department of Agriculture's Office of the Agricultural Attaché (OAA)-Dubai, alongside private sector partners spearheading the export initiative. The shipment comprised 1,500 boxes of fresh MD2 pineapples sourced from farms in Tampakan, South Cotabato. After arriving through the Port of Khor Fakkan, the produce was distributed across the UAE market, where demand for premium tropical fruits continues to rise. The export initiative forms part of the Department of Agriculture's continuing efforts to open new markets, strengthen trade linkages, and promote Philippine agricultural products throughout the Middle East. Working in close coordination with Philippine foreign service posts and industry stakeholders, the OAA-Dubai facilitates market access, links exporters with overseas buyers, and assists in meeting market-entry requirements. Officials noted that regular shipments are expected every two weeks, indicating sustained demand for high-quality Philippine pineapples in one of the region's fastest-growing food import markets. The latest development reflects a broader national strategy to reduce dependence on traditional export destinations by expanding the country's footprint across the Gulf Cooperation Council (GCC) region, where growing populations, robust tourism, and limited domestic agricultural production continue to drive demand for imported fresh produce. The shipment was organized by Davao-based exporter Mensch Fil-Am Trading in partnership with Avante Agri-Products Philippines Inc., with distribution support from UAE-based Octagon General Trading LLC. The company also collaborates with partners in Saudi Arabia and other Gulf markets to distribute a range of Philippine fruits, including bananas, mangoes, durian, and pomelo. The initiative aligns with the Department of Agriculture's strategic agenda under Secretary Francisco P. Tiu Laurel Jr., which prioritizes expanding agricultural exports, improving logistics and post-harvest systems, and enhancing the global competitiveness of Philippine high-value crops. It also complements President Ferdinand R. Marcos Jr.'s vision of modernizing Philippine agriculture and raising farmers' incomes through expanded market access and stronger agricultural value chains. As global appetite for premium tropical fruits continues to grow, the Department of Agriculture's Agricultural Attaché Office in Dubai is poised to play an increasingly pivotal role in deepening the presence of Philippine produce in the UAE and the wider Gulf region, translating greater market access into higher-value export opportunities and improved livelihoods for Filipino farmers. ]]> https://agrospectrumasia.com/news/188/4200/premium-md2-pineapples-propel-philippine-agricultural-expansion-in-middle-east.html https://agrospectrumasia.com/news/188/4200/premium-md2-pineapples-propel-philippine-agricultural-expansion-in-middle-east.html Wed, 01 Jul 2026 11:12:49 +0530 The Philippines is steadily strengthening its agricultural presence in the Middle East, marked by the arrival of an 18-metric ton shipment of premium MD2 pineapples in the United Arab Emirates on June 28. The latest export underscores growing international demand for Philippine fresh produce and the government's strategic push to diversify agricultural export destinations. A ceremonial launch at Dubai's Al Aweer Fruit and Vegetable Market brought together representatives from the Philippine Embassy in Abu Dhabi, the Philippine Consulate General in Dubai, the Philippine Trade and Investment Center-Dubai, and the Department of Agriculture's Office of the Agricultural Attaché (OAA)-Dubai, alongside private sector partners spearheading the export initiative. The shipment comprised 1,500 boxes of fresh MD2 pineapples sourced from farms in Tampakan, South Cotabato. After arriving through the Port of Khor Fakkan, the produce was distributed across the UAE market, where demand for premium tropical fruits continues to rise. The export initiative forms part of the Department of Agriculture's continuing efforts to open new markets, strengthen trade linkages, and promote Philippine agricultural products throughout the Middle East. Working in close coordination with Philippine foreign service posts and industry stakeholders, the OAA-Dubai facilitates market access, links exporters with overseas buyers, and assists in meeting market-entry requirements. Officials noted that regular shipments are expected every two weeks, indicating sustained demand for high-quality Philippine pineapples in one of the region's fastest-growing food import markets. The latest development reflects a broader national strategy to reduce dependence on traditional export destinations by expanding the country's footprint across the Gulf Cooperation Council (GCC) region, where growing populations, robust tourism, and limited domestic agricultural production continue to drive demand for imported fresh produce. The shipment was organized by Davao-based exporter Mensch Fil-Am Trading in partnership with Avante Agri-Products Philippines Inc., with distribution support from UAE-based Octagon General Trading LLC. The company also collaborates with partners in Saudi Arabia and other Gulf markets to distribute a range of Philippine fruits, including bananas, mangoes, durian, and pomelo. The initiative aligns with the Department of Agriculture's strategic agenda under Secretary Francisco P. Tiu Laurel Jr., which prioritizes expanding agricultural exports, improving logistics and post-harvest systems, and enhancing the global competitiveness of Philippine high-value crops. It also complements President Ferdinand R. Marcos Jr.'s vision of modernizing Philippine agriculture and raising farmers' incomes through expanded market access and stronger agricultural value chains. As global appetite for premium tropical fruits continues to grow, the Department of Agriculture's Agricultural Attaché Office in Dubai is poised to play an increasingly pivotal role in deepening the presence of Philippine produce in the UAE and the wider Gulf region, translating greater market access into higher-value export opportunities and improved livelihoods for Filipino farmers. ]]> https://agrospectrumasia.com/news/188/4114/chanh-thu-strengthens-export-ambitions-as-vietnams-pomelo-industry-embraces-traceability-led-growth.html https://agrospectrumasia.com/news/188/4114/chanh-thu-strengthens-export-ambitions-as-vietnams-pomelo-industry-embraces-traceability-led-growth.html Tue, 16 Jun 2026 17:33:13 +0530 From planting-area codes to GlobalGAP compliance, the company is helping transform Vinh Long’s green-skinned pomelo sector into a globally competitive export ecosystem As international markets raise the bar on food safety, traceability and production transparency, Vietnam’s pomelo industry is undergoing a fundamental recalibration. Leading that transition is Chanh Thu Fruit Import-Export Group, which is intensifying its collaboration with cooperatives and growers in Vinh Long to build export-oriented pomelo production systems capable of meeting the increasingly exacting standards of global trade. The initiative underscores a broader shift taking place across Vietnam’s fruit sector. Market access is no longer determined solely by production volumes or product quality; it increasingly depends on a grower’s ability to document every stage of cultivation, maintain rigorous compliance records and operate within traceable supply chains that satisfy importing nations. For Vinh Long, one of the Mekong Delta’s most important pomelo-producing provinces, the opportunity is significant. Home to more than 18,500 hectares of pomelo cultivation, including nearly 13,800 hectares of the highly prized green-skinned variety, the province possesses the scale to become a major export hub. Yet unlocking that potential requires a transition from traditional cultivation models to professionally managed production ecosystems aligned with international protocols. To accelerate this transition, Chanh Thu has partnered with the United Nations Industrial Development Organization (UNIDO) and local agricultural stakeholders to strengthen export readiness among growers. Through a series of technical programmes and field demonstrations, farmers are being introduced to modern cultivation practices, pest-management protocols, residue-control measures and traceability systems that have become indispensable for accessing premium overseas markets. The focus extends beyond agronomy. Equally important is the establishment and maintenance of planting-area codes and packing-house codes, which have emerged as the cornerstone of official agricultural exports. These systems enable importing countries to verify product origins, monitor compliance and ensure supply-chain integrity—requirements that are increasingly non-negotiable in global fruit trade. What was once viewed as administrative complexity is now becoming an economic necessity. Export markets, particularly China, are moving decisively toward protocol-driven trade, requiring producers and exporters to demonstrate compliance across the entire value chain rather than merely at the point of shipment. For growers, the implications are profound. Practices such as cultivation record-keeping, fruit bagging, integrated pest management and regulated pesticide application are no longer optional enhancements but prerequisites for market participation. Farmers who successfully adapt stand to benefit from stronger price realization, more stable market access and reduced exposure to trading disruptions. The transformation is also being reinforced through scientific support. Agricultural researchers and technical specialists are working closely with cooperatives to improve fruit quality, enhance orchard management and ensure compliance with export-market requirements. Field-level demonstrations on disease control, safe cultivation practices and fruit-protection techniques are helping translate technical knowledge into practical outcomes. The emphasis on traceability comes at a pivotal moment for Vietnam’s horticultural exports. As importing countries tighten food-safety regulations and demand greater transparency from suppliers, exporters are increasingly expected to provide comprehensive documentation covering cultivation practices, production inputs and post-harvest handling procedures. Chanh Thu’s investment in export infrastructure reflects this new reality. The company has developed an integrated network of production regions and certified packing facilities capable of supplying fruit to some of the world's most demanding markets, including the United States, the European Union, Japan, Australia, South Korea and China. Supported by internationally recognised food-safety certifications, the infrastructure provides a platform through which growers can participate more effectively in global value chains. The company’s strategy reflects a growing recognition that the future of agricultural competitiveness will depend less on expanding acreage and more on strengthening quality systems, supply-chain governance and market compliance capabilities. At the farm level, early adopters are already demonstrating the commercial advantages of this approach. Producers operating under international standards such as GlobalGAP and participating in coded growing regions are reporting greater confidence in market access and stronger resilience against the volatility that often characterises informal trading channels. The evolution of Vietnam’s pomelo industry therefore represents more than a story of export expansion. It reflects the emergence of a new agricultural paradigm in which data, traceability, certification and collaboration carry as much importance as cultivation itself. As global consumers and regulators continue to demand greater accountability from food supply chains, the ability to connect orchard-level practices with international market expectations will increasingly determine which agricultural sectors thrive. Through its cooperative partnerships and export-focused production model, Chanh Thu is positioning Vietnam’s green-skinned pomelo industry to compete not merely on volume, but on credibility, consistency and compliance—attributes that are rapidly becoming the true currency of global agricultural trade. ]]> https://agrospectrumasia.com/news/188/4054/philippines-seizes-p7-mn-worth-of-smuggled-carrots-hidden-in-food-shipments.html https://agrospectrumasia.com/news/188/4054/philippines-seizes-p7-mn-worth-of-smuggled-carrots-hidden-in-food-shipments.html Mon, 08 Jun 2026 15:39:17 +0530 Authorities uncover nearly 13,000 boxes of undeclared vegetables concealed behind processed food imports as government intensifies crackdown on agricultural smuggling Philippine authorities have intercepted more than P7 million worth of smuggled fresh carrots concealed inside shipments falsely declared as processed food products, highlighting the government's escalating efforts to combat agricultural smuggling and protect both consumers and domestic farmers. The seizure was made during a joint inspection operation at the Port of Manila involving the Department of Agriculture (DA), the Bureau of Customs (BOC), and the Bureau of Plant Industry (BPI). Inspectors discovered 12,909 boxes of fresh carrots valued at over P7 million hidden behind cartons of egg noodles inside four container shipments that arrived in the country in March 2026 under a single consignee. The cargo had been declared as assorted food items, including egg noodles, flat noodles, soya wrappers, fish tofu and wakame salad. However, a detailed physical inspection revealed a substantial volume of undeclared agricultural products concealed within the containers. The operation was led by DA Assistant Secretary for Inspectorate, Enforcement and Legal Service Willie Ann Angsiy, alongside BPI Assistant Director Ruel Gesmundo and customs enforcement personnel. Food Safety Risks Exposed Beyond customs violations, authorities raised concerns over the condition of the seized vegetables. Inspectors found that a significant portion of the carrots had already deteriorated, exhibiting visible signs of mold, decay and root damage. Officials said the vegetables were no longer fit for human consumption, underscoring the potential health risks posed by illegally imported agricultural products that bypass established inspection, quarantine and food safety protocols. Agriculture officials warned that such shipments not only evade regulatory oversight but also create pathways for potentially contaminated or substandard products to enter the domestic food supply chain. Economic Threat to Local Farmers The seizure also highlights the broader economic consequences of agricultural smuggling. According to the Department of Agriculture, illicit imports distort market conditions by allowing smugglers to avoid duties, taxes and regulatory compliance costs, enabling them to sell products at prices significantly below those of legitimate importers and domestic producers. Officials said this creates unfair competition that can severely undermine the livelihoods of local farmers, particularly during periods of strong domestic harvests. Agricultural authorities have repeatedly identified vegetable smuggling as one of the key factors contributing to market disruptions and price volatility across the country's horticulture sector. Enforcement Campaign Intensifies The confiscated shipments have been formally forfeited in favor of the government for violations of the Customs Modernization and Tariff Act (CMTA). In addition to customs penalties, the Department of Agriculture and the Bureau of Plant Industry are preparing administrative and legal actions under existing food safety and agricultural regulations against the individuals and entities involved. Authorities said the consignee will be blacklisted from future import activities, while ongoing investigations are seeking to identify other parties connected to the operation. Government agencies also confirmed that relevant licenses, registrations and accreditations linked to the shipment will be revoked as part of broader enforcement measures. Part of a Broader Anti-Smuggling Drive The interception forms part of a wider government campaign aimed at tightening border controls and strengthening oversight of agricultural imports. Officials say agricultural smuggling remains a significant challenge, undermining food safety standards, reducing government revenues and placing additional pressure on domestic producers already facing rising production costs and climate-related challenges. The latest seizure demonstrates increasing coordination between customs authorities and agricultural regulators as the government seeks to close loopholes in the import system and strengthen enforcement against illegal trade activities. As authorities continue to expand inspections at key ports of entry, officials say protecting consumers and ensuring a level playing field for Filipino farmers remain central objectives of the country's anti-smuggling strategy. ]]> https://agrospectrumasia.com/news/188/4053/philippines-expands-middle-east-market-access-as-fresh-pineapple-exports-reach-uae.html https://agrospectrumasia.com/news/188/4053/philippines-expands-middle-east-market-access-as-fresh-pineapple-exports-reach-uae.html Mon, 08 Jun 2026 15:23:47 +0530 UAE shipment signals growing ambitions to position Philippine produce in high-value international markets despite global logistics disruptions The Philippines is intensifying efforts to expand its agricultural footprint in the Middle East, with a new shipment of premium fresh pineapples bound for the United Arab Emirates marking a strategic step in the country's broader export diversification agenda. The shipment, consisting of 18 metric tonnes of fresh MD2 pineapples packed in 1,500 boxes, departed from Davao and is expected to arrive at Khorfakkan Port in the UAE later this month, reinforcing the country's growing presence in one of the region's most important fresh produce markets. Sourced from farms in Tampakan, South Cotabato, the consignment was organized by exporter Mensch Fil-Am Corporation and represents more than a routine commercial transaction. Industry officials view the shipment as an important signal of the Philippines' ability to access premium overseas markets despite mounting challenges facing global agricultural trade. The export comes at a time when international supply chains continue to grapple with elevated freight costs and shipping disruptions linked to ongoing instability in the Red Sea region, conditions that have complicated the movement of agricultural commodities worldwide. Against that backdrop, the successful dispatch of fresh pineapples to the UAE highlights both the resilience of Philippine exporters and the growing competitiveness of the country's high-value crop sector. Expanding Market Opportunities The Middle East has emerged as an increasingly attractive destination for Philippine agricultural exports as governments across the Gulf seek to strengthen food security through diversified import sourcing. For the Philippines, the UAE represents not only a lucrative consumer market but also a strategic gateway into the wider Gulf region. Agriculture Secretary Francisco P. Tiu Laurel Jr. described the shipment as part of a broader effort to create new opportunities for Philippine farmers while expanding the country's export earnings. According to the Department of Agriculture (DA), every successful entry into an overseas market strengthens farm incomes, generates employment across agricultural value chains and encourages greater investment in rural production systems. Officials believe expanding access to premium export markets can help improve the long-term competitiveness of Philippine agriculture while creating more stable demand for local producers. Pineapple Emerges as a Key Export Driver The shipment also underscores the growing importance of pineapples within the country's agricultural export portfolio. According to data from the Philippine Statistics Authority, pineapple has become the Philippines' leading agricultural export to the UAE, reflecting strong consumer demand and the country's reputation as a reliable supplier of tropical fruit. Industry observers note that global demand for premium fruit varieties such as MD2 pineapples continues to rise, particularly in markets where consumers increasingly prioritize quality, consistency and food safety. The ability to maintain these standards has become an important competitive advantage for exporting nations. Strengthening Trade and Compliance Beyond its commercial significance, the shipment demonstrates the sector's ability to comply with increasingly stringent international phytosanitary requirements. Meeting import regulations remains one of the most critical challenges facing agricultural exporters, particularly in premium markets where food safety and traceability standards continue to tighten. The Department of Agriculture said the successful export reflects the coordinated efforts of the Bureau of Plant Industry (BPI), regional agricultural authorities and exporters to ensure compliance with UAE import protocols. Such achievements are expected to strengthen confidence among international buyers while opening additional opportunities across the Gulf Cooperation Council (GCC) region. Supporting a Broader Export Agenda The shipment aligns with the government's broader strategy of expanding agricultural exports as part of efforts to improve the country's trade balance. Despite recording a modest improvement last year, the Philippines' agricultural trade deficit remained substantial at approximately $11.1 billion in 2025, underscoring the need to increase the contribution of export-oriented agricultural sectors. To address this challenge, the Department of Agriculture has accelerated initiatives aimed at identifying new markets, supporting exporters and promoting higher-value agricultural products abroad. These efforts are being coordinated through the department's High Value Export Crop, Agri-Fishery Export Development and Promotion Office, which was established to strengthen the country's export capabilities and improve market access for Philippine producers. Gateway to the Gulf For policymakers and exporters alike, the UAE shipment represents more than a single cargo movement. It offers a glimpse into a larger opportunity to position Philippine agriculture within some of the world's fastest-growing food import markets. As global supply chains continue to evolve and food security rises on the agenda of many importing nations, the ability to consistently deliver premium agricultural products could become a critical competitive advantage. For the Philippines, the arrival of fresh pineapples in the UAE may be only the beginning of a broader push to establish stronger trade corridors across the Middle East—creating new growth opportunities for farmers, exporters and the wider agricultural economy. ]]> https://agrospectrumasia.com/news/188/4049/how-trade-data-is-democratizing-export-finance-for-msmes.html https://agrospectrumasia.com/news/188/4049/how-trade-data-is-democratizing-export-finance-for-msmes.html Mon, 08 Jun 2026 12:49:45 +0530 Deepak Gandhi, Director – Exports & Pre-Shipment at Drip Capital, explains how data-driven invoice financing is helping seafood exporters unlock working capital, reduce dependence on collateral, strengthen supply-chain resilience and scale global trade through faster, more transparent access to credit   In an exclusive Agrospectrum interview, Deepak Gandhi, Director – Exports & Pre-Shipment at Drip Capital, highlights how invoice financing bridges the structural working capital gap faced by India’s seafood exporters by unlocking up to 80 per cent of receivables quickly, enabling continuous operations. He explains that a data-driven underwriting model—focused on trade flows, buyer behaviour, and transaction-level insights—allows SMEs to access collateral-free credit despite limited financial histories.   Gandhi emphasises the need for integrated trade finance solutions that combine pre-shipment, inventory, and post-shipment funding to support value-added exports with longer production cycles. He also underscores that scaling export growth will require stronger digital infrastructure, interoperable trade ecosystems, and access to low-cost global capital to make invoice financing a foundational enabler for MSMEs.   India’s seafood exporters often operate on thin margins with extended receivable cycles. How does invoice financing structurally address the working capital asymmetry between production timelines and delayed international payments, particularly for SMEs in the marine sector?   The working capital gap in seafood exports is structural. Exporters incur nearly 100 per cent of procurement, processing, and logistics costs upfront, while payments from international buyers typically come 60–90 days later.   Invoice financing addresses this mismatch by converting receivables into immediate liquidity. We support exporters across the cycle, including pre-shipment, by enabling up to 80 per cent of the invoice value within 24-48 hours of approval. This allows businesses to quickly reinvest into the next cycle. For MSMEs, this is critical. It shifts them from operating in isolated cycles to running continuous, scalable operations without being constrained by cash flow timing.   With global seafood demand rising but subject to price volatility, regulatory shifts, and currency fluctuations, how does Drip Capital dynamically price risk in export receivables without overburdening exporters with high financing costs?   Today’s volatility is being driven by currency movements, demand fluctuations, regulatory shifts, and ongoing global supply chain disruptions. In this environment, access to timely and predictable working capital becomes critical for exporters and importers.   Our approach is to leverage trade data and transaction-level insights to underwrite businesses more efficiently, enabling faster and more seamless access to financing. By focusing on real trade flows and performance, we simplify the financing process and reduce the operational burden typically associated with cross-border trade.   We support global trade by covering payments across markets, helping businesses manage working capital more effectively while navigating ongoing trade and FX complexities.   As India moves up the value chain from raw exports to processed and value-added seafood, how does trade finance evolve to support longer production cycles, higher input costs, and more complex buyer contracts?   As exporters move up the value chain into processed and ready-to-cook segments, working capital intensity increases materially, driven by longer production cycles, higher labour and input costs, and tighter compliance requirements.   In my view, post-shipment finance alone is no longer sufficient. What’s evolving is a more integrated approach to trade finance, i.e. combining pre-shipment support, inventory financing, and purchase order-backed funding.   This allows exporters to take on larger, more complex contracts without stretching their balance sheets, while ensuring liquidity is available across the entire trade cycle, not just after shipment.   Traditional trade finance relies heavily on collateral and banking relationships. How is your data-driven underwriting model redefining creditworthiness for seafood exporters who may lack formal financial histories but have strong trade performance?   Traditionally, trade finance has excluded a large segment of exporters because it relies heavily on collateral and established banking relationships.   Our model underwrites the trade itself. We look at shipment data, buyer payment behaviour, frequency of trade, and corridor-level risk to assess creditworthiness.   This allows us to extend collateral-free credit lines of up to $3 million, even to exporters with limited formal financial history but strong underlying trade performance. Effectively, data replaces physical assets as the basis for credit.   In an industry vulnerable to climate risks, logistics disruptions, and perishability constraints, how critical is continuous liquidity in maintaining supply chain resilience—and what role does invoice financing play in preventing systemic shocks?   If you consider seafood supply chains, they are highly exposed to climate events, freight disruptions, and perishability risks. In such a system, liquidity has to be continuous, any break in working capital flow directly impacts production and fulfillment. Invoice financing plays a critical role by unlocking capital tied up in receivables, ensuring exporters don’t have to slow down operations due to delayed payments.   Many Indian seafood exporters depend on a limited number of international buyers. How does Drip Capital assess and mitigate counterparty risk, especially in cases where exporter exposure is concentrated across a few geographies or clients?   Concentration risk is a reality in seafood exports, especially when exporters rely on a limited set of buyers or geographies.   Our approach is to assess risk at a granular, buyer-by-buyer level. We track payment behaviour, historical performance, and exposure limits for each counterparty, rather than evaluating the exporter as a whole.   We then actively manage this through dynamic credit limits, diversification across buyers and corridors where possible, and selective exposure based on real-time risk signals. This ensures that even if an exporter is concentrated, the risk is calibrated and contained at the transaction level, rather than becoming a systemic vulnerability.   With increasing digitiszation in export documentation, logistics tracking, and compliance, how is Drip Capital integrating with digital trade ecosystems to create a seamless financing layer embedded within export workflows?   As trade becomes more digitised across documentation, logistics, and compliance, exporters are generating more structured data across their workflows. We leverage this data to streamline access to financing and make the overall experience faster and more transparent.   Our platform is fully digital, allowing exporters to access working capital with minimal friction. Financing is aligned closely with underlying trade transactions, enabling businesses to unlock liquidity at the right time in their export cycle.   As India aims to significantly expand its share in global seafood exports, what systemic changes—in policy, fintech infrastructure, or capital availability—are required for trade finance and invoice financing to scale as foundational enablers of export growth?    The starting point is empowering MSME exporters with the right tools. The tools should be designed to help them improve efficiency, upgrade processing, and consistently meet higher quality standards.   On the policy side, it’s not just about incentives but sustained focus on ease of doing business, faster export documentation, and stronger infrastructure to enhance global competitiveness. Equally important is enabling frameworks for digital trade data sharing.   From a fintech perspective, standardisation and interoperability across logistics, customs, and financing platforms will be key to enabling real-time data flow and scaling embedded finance. Finally, access to deeper pools of low-cost, globally diversified capital is critical to ensure MSMEs have consistent liquidity at competitive rates.   Once these pieces come together, invoice financing can move from being a niche offering to a foundational enabler of export growth.   —- Suchetana Choudhury (suchetana.choudhuri@agrospectrumindia.com) ]]> https://agrospectrumasia.com/news/188/4001/vietnams-meat-exports-hold-value-despite-volume-contraction-as-imports-surge-amid-rising-domestic-demand.html https://agrospectrumasia.com/news/188/4001/vietnams-meat-exports-hold-value-despite-volume-contraction-as-imports-surge-amid-rising-domestic-demand.html Mon, 01 Jun 2026 16:18:34 +0530 Exports to 25 international markets generated $40.8 million in the first four months of 2026 despite lower shipment volumes, while accelerating imports underscore mounting competitive pressures and evolving consumption dynamics Vietnam’s meat and meat products sector is navigating a period of contrasting trade dynamics, with export values remaining resilient despite declining shipment volumes, even as imports accelerate sharply to meet growing domestic demand and changing market requirements. According to data released by the General Department of Customs, Vietnam exported approximately 5,700 tonnes of meat and meat products during the first four months of 2026, generating export earnings of $40.8 million. While export volumes declined by 20.8 per cent compared with the corresponding period last year, export value increased by 2.9 per cent, reflecting stronger average export prices and a shift toward higher-value product categories. Vietnam’s meat exports reached 25 international markets during the review period, highlighting the sector’s continued global presence despite challenging market conditions. Hong Kong (China) retained its position as Vietnam’s largest export destination, accounting for 37.25 per cent of total export volume and 46.4 per cent of export value. Shipments to the market reached 2,100 tonnes valued at $18.93 million. However, exports to Hong Kong registered a significant decline of 41.6 per cent in volume and 24.7 per cent in value compared with the same period in 2025, reflecting softer demand and intensifying competition from alternative suppliers. Industry observers note that Hong Kong remains a strategically important market for traditional Vietnamese meat products, particularly frozen suckling pigs and frozen pork products. Beyond Hong Kong, exports to Canada, Malaysia, South Korea, Spain and Lebanon also recorded declines, while shipments to China, France, Singapore, the United States, and Cambodia expanded, indicating a gradual diversification of Vietnam’s export portfolio. Fresh, chilled, and frozen pork continued to dominate Vietnam’s meat export basket, accounting for 40.29 per cent of total export volume and 50.24 per cent of export value. Exports of the category totaled 2,300 tonnes valued at $20.5 million, representing declines of 24.6 per cent in volume and 12.7 per cent in value year-on-year. In contrast, Vietnam’s meat imports posted robust growth during the same period. Total imports reached 313,070 tonnes valued at $928.83 million, representing increases of 11.2 per cent in volume and 37.6 per cent in value compared with the first four months of 2025. India maintained its position as Vietnam’s largest meat supplier, accounting for nearly 24 per cent of total import volume. Imports from India reached 74,400 tonnes valued at $310.11 million, registering growth of 31.6 per cent in volume and 59.4 per cent in value year-on-year. Imports from the United States, Canada, Spain, Germany, Turkey, and Italy also recorded strong growth, while shipments from Russia, South Korea, Poland, and Argentina declined. Poultry meat and poultry by-products represented the largest share of imported volumes at 37.27 per cent, while frozen buffalo meat accounted for 31.9 per cent of total import value. Imported pork represented 13.77 per cent of total import volume and approximately 10 per cent of total import value, indicating continued strength in domestic pork production. A notable development was the decline in imported pork prices. The average import price stood at $2,143 per tonne during the first four months of 2026, down 19.3 per cent from the previous year, enhancing the competitiveness of imported products in the domestic market. Meanwhile, domestic livestock markets showed signs of strengthening. Live hog prices increased across all major producing regions during May 2026, supported by steady consumer demand, tightening supplies, and rising production costs. Industry analysts believe Vietnam’s meat sector is entering a phase where export diversification, value-added processing, and market expansion will become increasingly important. At the same time, balancing rising imports with domestic production competitiveness will remain critical to ensuring long-term sustainability and resilience within the country’s livestock economy. ]]> https://agrospectrumasia.com/news/188/3904/africa-unveils-new-food-systems-alliance-as-continent-confronts-rising-nutrition-and-health-crisis.html https://agrospectrumasia.com/news/188/3904/africa-unveils-new-food-systems-alliance-as-continent-confronts-rising-nutrition-and-health-crisis.html Fri, 15 May 2026 11:01:49 +0530 A new pan-African science-policy alliance aimed at reshaping the continent’s food systems has been launched amid growing concern that gains in agricultural production are failing to translate into healthier populations. The initiative, known as the Africa Regional Collaborative for Agriculture, Nutrition and Health, or ANH-ARC, seeks to unite researchers, policymakers, development institutions, and public-health advocates behind a coordinated strategy to combat malnutrition, diet-related diseases, and widening nutritional inequality across Africa. Its official unveiling in Accra gathered stakeholders from Africa, Europe, and North America in what organizers described as an attempt to recalibrate the continent’s food systems agenda away from fragmented interventions and toward integrated, evidence-based policymaking. The launch arrives at a pivotal moment for African economies, many of which are confronting a paradox increasingly familiar across emerging markets: rising agricultural output coexisting with persistent undernutrition, escalating obesity rates, and the rapid expansion of ultra-processed food consumption. In remarks delivered on behalf of Eric Opoku, Ghana’s minister for food and agriculture, officials described the initiative as the beginning of a more deliberate and coordinated phase of food-systems transformation across the continent. The message underpinning the gathering was unmistakable: food production alone is no longer sufficient. Despite notable advances in agricultural productivity across several African economies, policymakers and researchers warned that existing systems continue to generate calories without consistently delivering nutritional wellbeing. The result has been a mounting public-health burden marked by micronutrient deficiencies, diet-related illnesses, and widening disparities in access to healthy foods. ANH-ARC intends to position itself at the intersection of agriculture, nutrition, public health, and economic policy—an institutional bridge designed to close the longstanding gap between research findings and real-world implementation. Presenting the initiative’s strategic framework, Amos Laar, principal investigator of the platform, argued that fragmented governance structures have historically undermined the effectiveness of food-policy interventions across the continent. Agriculture, nutrition, and healthcare systems, he noted, have too often operated in institutional silos despite their deep structural interdependence. The platform will therefore focus not only on food production, but also on the broader architecture of food environments, financing mechanisms, governance systems, and policy accountability—areas increasingly recognized as decisive factors in shaping dietary outcomes. The intellectual tone of the launch reflected a growing shift within global development circles: the understanding that food systems must be evaluated not merely by yield or export value, but by their capacity to improve human health. That perspective was reinforced by Anna Lartey, professor of nutrition at the University of Ghana, who urged African governments to redesign agricultural strategies around nutritional outcomes rather than production metrics alone. She warned that expanding food supply without addressing diet quality risks deepening, rather than resolving, the continent’s nutritional crisis—particularly among vulnerable populations such as children and low-income households increasingly exposed to unhealthy food environments. Political accountability emerged as another recurring theme. Neema Lugangira, former member of parliament in Tanzania, cautioned that policy declarations and international commitments would hold little value without measurable implementation frameworks, sustained financing, and institutional transparency. Participants also highlighted mounting structural pressures affecting African food systems, including the rising cost of nutritious diets, weak coordination between agriculture and health ministries, and the accelerating penetration of inexpensive ultra-processed foods into urban and peri-urban markets. Throughout the discussions, stakeholders repeatedly emphasized that Africa’s food transformation agenda must remain rooted in locally driven solutions rather than externally imposed development models. The launch of ANH-ARC ultimately reflects a broader evolution in how governments and development institutions are beginning to frame food security itself—not simply as the availability of food, but as the ability of entire systems to nourish populations sustainably, equitably, and resiliently in the face of economic and climatic uncertainty. In that emerging calculus, nutrition is no longer being treated as a byproduct of agricultural success, but increasingly as its defining measure. ]]> https://agrospectrumasia.com/news/188/3886/vietnam-locks-in-1-5-mn-ton-rice-export-deal-with-philippines-as-asean-grain-trade-deepens.html https://agrospectrumasia.com/news/188/3886/vietnam-locks-in-1-5-mn-ton-rice-export-deal-with-philippines-as-asean-grain-trade-deepens.html Wed, 13 May 2026 18:29:30 +0530 Multi-year supply agreement through April 2027 reinforces Vietnam’s dominance in regional rice markets amid tightening global supply, rising prices, and intensifying food security strategies across Southeast Asia In a development of considerable strategic and commercial significance for regional food security architecture, Viet Nam has secured a multi-year agreement to export 1.5 million tons of rice to the Philippines, with shipments scheduled to be executed progressively through April 2027. The agreement, concluded on the sidelines of the ASEAN Summit in Cebu, further consolidates Vietnam’s position as a pivotal supplier within Southeast Asia’s increasingly interdependent grain ecosystem. The deal, which includes a structured pricing mechanism for the DT8 rice variety at approximately $450 per ton, underscores not merely a transactional export arrangement but a longer-term alignment of agricultural supply security between two of ASEAN’s most food system-sensitive economies. For Vietnam, it represents a stabilised outlet in an era where climatic volatility, logistical disruptions, and inflationary pressures continue to redefine global rice trade dynamics. The Philippines, Vietnam’s largest and most consistent rice importer, continues to anchor its procurement strategy in large-volume bilateral agreements designed to buffer domestic supply fluctuations and stabilise consumer prices. In doing so, Manila is effectively reinforcing Vietnam’s role as a structural supplier within the ASEAN rice corridor, where trade is increasingly shaped by policy coordination as much as by market forces. This agreement arrives against a backdrop of firming rice prices in regional markets. Vietnam’s 5 per cent broken rice recently climbed to approximately $398 per ton, reflecting tightening supply conditions, while Thailand’s benchmark grade rose to around $405 per ton amid seasonal harvest constraints. By contrast, Indian rice prices remained comparatively subdued at $341 per ton, weighed down by weaker demand in select African markets. The broader market environment is being shaped by a complex interplay of supply-side constraints and demand realignment. Climate variability continues to exert pressure on production cycles across Asia, while supply chain disruptions and freight uncertainties have added further volatility to trade flows. In this context, long-term bilateral contracts are increasingly emerging as instruments of stability rather than mere commercial preference. Concurrently, the Philippines has experienced a marked increase in rice import activity, with volumes rising significantly in early 2026 even as global prices softened. Import duties collected on rice have also surged, providing a critical fiscal inflow to the country’s Rice Competitiveness Enhancement Fund—a programme designed to modernise domestic agriculture and improve productivity among local farmers. However, this expanding reliance on imports has also necessitated a delicate balancing act for Philippine authorities, who continue to calibrate import volumes in order to prevent undue downward pressure on domestic paddy prices. Policy interventions, including temporary import suspensions and planned quota adjustments, reflect the ongoing tension between consumer affordability and farmer income protection. For Vietnam, the agreement represents more than export security; it is a reaffirmation of its structural competitiveness in global rice markets. Despite broader headwinds from climate stress and global supply chain instability, Vietnamese rice continues to command strong demand across ASEAN and beyond, supported by consistent quality positioning and responsive trade diplomacy. As regional food systems become increasingly interlinked, the Vietnam–Philippines agreement illustrates a larger truth: rice is no longer merely a commodity of agricultural exchange, but a strategic instrument of economic stability, political coordination, and food security governance in an era of intensifying global uncertainty. ]]> https://agrospectrumasia.com/news/188/3839/queensland-victoria-and-tasmania-gain-new-export-approvals-in-indonesia-trade-expansion.html https://agrospectrumasia.com/news/188/3839/queensland-victoria-and-tasmania-gain-new-export-approvals-in-indonesia-trade-expansion.html Thu, 07 May 2026 11:00:20 +0530 Geographically diversified production base strengthens Australia’s ability to scale halal meat exports The Australian Government has announced the approval of five additional export meat establishments for shipments to Indonesia, marking a significant expansion of market access for the country’s red meat sector. One of the newly approved facilities has also been authorised to export sheep and goat meat, further broadening the scope of Australia’s halal protein offerings in a key Southeast Asian market. Indonesia remains a strategically important destination for Australian halal red meat, with beef and veal ranking as Australia’s third-largest agricultural export commodity to the country in 2025, valued at approximately $581 million . This figure has risen by 49 percent since 2022, reflecting sustained demand growth and strengthening bilateral trade relations under the current Australian administration. Strengthening Halal Supply Chains Through Regulatory Alignment and Industry Collaboration The latest approvals follow extensive engagement between the Australian Government, domestic industry stakeholders, and Indonesian regulatory authorities, underscoring a coordinated approach to expanding agricultural trade access. The newly listed establishments are located across Queensland, Victoria, and Tasmania, reflecting the geographically distributed strength of Australia’s red meat production base. According to government statements, the approvals will enable increased export volumes of high-quality halal-certified meat products into Indonesia, while simultaneously reinforcing consumer confidence in Australia’s biosecurity and halal compliance systems. Second Successful Indonesian Audit Cycle in Two Years Signals Deepening Trade Confidence This development represents the second positive audit outcome in two years, with a total of seven Australian export meat establishments approved since November 2024. The repeated approvals are widely interpreted as a signal of Indonesia’s growing confidence in Australia’s regulatory framework for halal meat production and export integrity. Trade Diversification Strategy Delivers Broader Market Access for Australian Agriculture Officials have emphasised that Australia’s agricultural export base is now more diversified than at any point in its history, providing farmers and producers with expanded access to high-growth international markets. The continued opening of Indonesian market channels is expected to enhance value creation across the supply chain, from livestock producers to processors and exporters. Government Frames Expansion as Structural Win for Red Meat Sector Growth The Australian Government has positioned the approvals as part of a broader strategy to support agricultural export expansion and global competitiveness. Increased access to Indonesia is expected to deliver tangible commercial benefits, while also reinforcing Australia’s reputation as a reliable supplier of safe, high-quality halal red meat in global markets. ]]> https://agrospectrumasia.com/news/188/3823/eu-singapore-food-trade-deepens-as-three-more-member-states-gain-export-access.html https://agrospectrumasia.com/news/188/3823/eu-singapore-food-trade-deepens-as-three-more-member-states-gain-export-access.html Tue, 05 May 2026 18:32:53 +0530 Trade facilitation measures to streamline intra-EU supply chains for animal products also agreed Singapore has approved Greece, Lithuania and Latvia as new sources for meat, eggs and egg products, further expanding its European Union import network and reinforcing agri-food trade ties with the bloc. The latest approvals bring the total number of EU member states authorised to export meat and egg products to Singapore to 18, according to a joint statement by the EU Delegation to Singapore, the National Parks Board (NParks), and the Singapore Food Agency (SFA). Existing approved exporters include Austria, Belgium, Czechia, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, the Netherlands, Poland, Portugal, Spain and Sweden. “The EU and Singapore agreed to continue to work closely to further facilitate trade in animal products,” the statement said. It added that the new approvals and related trade facilitation measures will take effect once administrative requirements are completed by relevant authorities on both sides. In a further liberalization step, Singapore and the EU have also agreed to allow raw materials used in the production of meat and egg products to be sourced from any EU member state already approved by Singapore, rather than requiring animals and derived products to originate within a single country. Officials said the change will streamline intra-EU supply chains and improve efficiency in the export of animal-based food products to Singapore, strengthening overall trade flexibility between the two markets. ]]> https://agrospectrumasia.com/news/188/3819/khanh-hoa-strengthens-export-oriented-agriculture-through-high-tech-farming-expansion.html https://agrospectrumasia.com/news/188/3819/khanh-hoa-strengthens-export-oriented-agriculture-through-high-tech-farming-expansion.html Tue, 05 May 2026 18:04:17 +0530 Export codes issued for key crops including mango and durian for EU and China markets Khánh Hòa Province is accelerating its transition toward high-tech, climate-resilient agriculture as part of a broader strategy to enhance productivity, improve product quality, and expand export opportunities. Through the adoption of advanced farming systems, digital technologies, and stronger market linkages, the province is steadily reshaping its agricultural landscape into a modern, sustainable sector. Situated in Vietnam’s south-central coastal and Central Highlands regions, Khánh Hòa has long faced challenges due to its dry and hot climate. However, these natural conditions are increasingly being transformed into an advantage through innovation and technology-driven farming practices. Farmers, cooperatives, and agribusinesses across the province are investing in greenhouses, net houses, drip irrigation systems, and sensor-based monitoring technologies to better control temperature and humidity. These advancements are helping optimize growing conditions while improving efficiency and resilience against climate variability. The adoption of VietGAP and GlobalGAP standards is also expanding, supporting higher product quality and enabling greater access to domestic and international markets. Key crops such as grapes, jujubes, asparagus, and honeydew melons have benefited significantly from controlled cultivation systems, resulting in more stable yields and improved commercial value. In several cases, high-tech agricultural models have delivered strong economic returns. Grape cultivation, for instance, generates profits of approximately VNĐ1–1.2 billion ($38,000–45,600) per hectare annually, while jujube farming yields between VNĐ160–267 million ($6,000–10,100) per hectare. Local producer Nguyễn Văn Mọi, owner of the Ba Mọi grape farm in Ninh Phước Commune, highlighted the transformation underway in the sector, noting that his farm now cultivates 13 grape varieties, including both traditional and newly introduced types such as candy grapes and black finger grapes. “Our grapes have entered supermarket systems, helping affirm product quality and build consumer trust in local produce,” he said. The province has also expanded its certified organic farming area to nearly 5,600 hectares under international standards, including USDA Organic, Japanese Agricultural Standards, and EU certification. In addition, 170 growing area codes covering more than 3,540 hectares have been issued, alongside export-approved packing facilities for mango and durian targeting EU and Chinese markets. Beyond production upgrades, Khánh Hòa is strengthening collaboration with research institutes, universities, and enterprises to accelerate technology transfer in crop varieties, post-harvest processing, and sustainable cultivation techniques. Integrated models such as water-saving irrigation, biological pest control, and intercropping systems are increasingly being adopted to enhance soil health and production efficiency. Provincial leaders emphasized that high-tech agriculture plays a central role in both economic development and environmental sustainability. Trịnh Minh Hoàng, Deputy Chairman of the Khánh Hòa Provincial People’s Committee, said the province is prioritizing agricultural restructuring through innovation, digitalization, and value-chain integration. “High-tech agriculture not only brings economic benefits but also supports sustainable production and climate adaptation,” he noted. Looking ahead to the 2026–2030 period, the province plans to expand concentrated farming zones, promote processing-linked production, and develop agricultural tourism to further increase value addition. Digital transformation will remain a core focus, particularly in traceability systems, production planning, and market connectivity. In parallel, Khánh Hòa is actively promoting e-commerce adoption among farmers, particularly in mountainous areas such as Khánh Sơn and Khánh Vĩnh. Agricultural products including rice, dried bamboo shoots, durian, and grapefruits are increasingly being sold through digital platforms such as Facebook and Zalo, improving market access and household incomes. Officials said digital tools are enabling farmers not only to expand sales channels but also to better understand consumer demand, allowing more responsive and market-oriented production decisions. As Khánh Hòa continues to integrate technology, sustainability, and market expansion into its agricultural strategy, the province is positioning itself as a model for modernized, export-driven farming in Vietnam. ]]> https://agrospectrumasia.com/news/188/3789/vietnam-opens-australias-premium-fruit-market-to-fresh-pomelo-exports.html https://agrospectrumasia.com/news/188/3789/vietnam-opens-australias-premium-fruit-market-to-fresh-pomelo-exports.html Wed, 29 Apr 2026 16:52:40 +0530 Dong Thap’s premium pomelos enter one of the world’s strictest biosecurity markets, signaling a new era for Vietnam’s fruit exports In a milestone that reflects the rising sophistication of Vietnam’s agricultural sector, the country’s first shipment of fresh pomelos has officially arrived in Australia, opening the gates to one of the world’s most tightly regulated fresh produce markets and reinforcing Vietnam’s growing stature in global fruit trade. The inaugural consignment, weighing 940.5 kilograms, departed from Dong Thap Province and was transported by air to Australia after completing an extensive series of phytosanitary, traceability, and post-harvest compliance procedures. Upon arrival, the fruit was introduced at Sydney Market, one of Australia’s leading agricultural distribution centers, granting Vietnamese pomelos direct visibility among importers, wholesalers, and consumers. The breakthrough follows years of technical negotiations and regulatory coordination led by the Plant Production and Protection Department under Vietnam’s Ministry of Agriculture and Environment. Officials worked closely with Australian counterparts to develop technical dossiers and ensure compliance with stringent quarantine and food safety requirements governing market access. Beyond its commercial significance, the shipment stands as a powerful affirmation of Vietnam’s ability to satisfy the demanding standards of premium international markets. Every stage of the export chain — from cultivation and pest management to irradiation treatment, packaging, and cold-chain logistics — was executed under rigorous oversight designed to meet Australia’s uncompromising biosecurity framework. Dong Thap Province, already recognized for its expanding portfolio of export-qualified growing areas, now emerges as a pioneering hub for premium pomelo exports. Industry stakeholders believe the successful entry into Australia could unlock broader long-term opportunities for Vietnamese citrus and other tropical fruits in high-value global markets. The development is also accelerating structural transformation across Vietnam’s fruit sector. Farmers, cooperatives, and exporters are increasingly embracing traceability systems, standardized growing-area codes, safer cultivation methods, and modern post-harvest technologies as international quality benchmarks become essential gateways to global trade. A larger commercial shipment of approximately five tons is already being prepared using pomelos sourced from Dong Thap, underscoring growing confidence in the product’s export potential. Industry observers say the achievement could generate broader momentum for Vietnam’s fresh fruit industry by demonstrating that disciplined quality management and coordinated supply-chain execution can successfully position Vietnamese produce within the world’s most discerning consumer markets. As Vietnam’s pomelos make their debut on Australian shelves, the shipment symbolizes more than an export success — it marks a defining step in the country’s transition toward a more modern, transparent, and globally competitive agricultural economy. ]]> https://agrospectrumasia.com/news/188/3752/ethiopia-emerges-as-africas-top-wheat-coffee-producer.html https://agrospectrumasia.com/news/188/3752/ethiopia-emerges-as-africas-top-wheat-coffee-producer.html Thu, 23 Apr 2026 18:41:11 +0530 Agri transformation drive positions country as continental leader in food and export crops Ethiopia has emerged as Africa’s leading wheat producer and the largest coffee producer and exporter, reflecting the impact of sustained agricultural reforms and targeted investments, according to senior government officials. Speaking at the 20th anniversary event of the Alliance for a Green Revolution in Africa, Agriculture State Minister Eyasu Elias said the country’s progress is the result of a deliberate transformation agenda anchored in policy coordination, political commitment and long-term investment in farmers. The expansion of climate-resilient irrigated wheat production systems has played a central role in boosting output, enabling Ethiopia to achieve self-sufficiency and strengthen its position in regional markets. At the same time, the country has consolidated its leadership in coffee production and exports, a key contributor to foreign exchange earnings. Officials highlighted that the transformation aligns closely with AGRA’s broader focus on improving seed systems, enhancing farm productivity, strengthening market access and building resilient agricultural ecosystems across Africa. The organisation’s support has been instrumental in advancing value chains across key crops including wheat, oilseeds, rice and sorghum, while also strengthening policy frameworks and institutional capacity. Agriculture remains a cornerstone of Ethiopia’s economy, contributing over 30 per cent to GDP, employing a majority of the population and driving export revenues. Industry leaders noted that consistent policy focus across successive administrations has been critical in sustaining growth in the sector. AGRA leadership underscored the importance of continued collaboration among governments, private sector players and development partners to scale proven agricultural solutions and improve livelihoods for smallholder farmers. The emphasis, they said, must remain on strengthening systems across research, innovation, policy and markets to ensure long-term food security and economic resilience. The development positions Ethiopia as a key agricultural growth engine on the continent, highlighting the role of coordinated reforms and institutional support in driving large-scale sector transformation. ]]> https://agrospectrumasia.com/news/188/3738/korea-seeks-wider-market-access-for-melons-in-vietnam.html https://agrospectrumasia.com/news/188/3738/korea-seeks-wider-market-access-for-melons-in-vietnam.html Wed, 22 Apr 2026 13:29:10 +0530 Ministerial talks spotlight growing appetite for K-food and expanded agricultural partnership South Korea is stepping up efforts to expand its agricultural footprint in Southeast Asia, with a renewed push to grow K-food exports to Vietnam following high-level talks between the two countries. According to the Ministry of Agriculture, Food and Rural Affairs, Agriculture Minister Song Mi-ryung met her Vietnamese counterpart, Trinh Viet Hung, in Hanoi on Tuesday to discuss strengthening bilateral cooperation across the farm sector. A key focus of the meeting was boosting Korean fruit exports. Song requested that Vietnam extend its current import window for Korean melons by an additional month—from May to June—to capitalize on rising demand for the fruit in the local market. Beyond fruit trade, both sides explored ways to broaden overall agricultural exchanges, including expanding official development assistance programs and enhancing coordination on animal health issues such as African swine fever. Vietnam has emerged as a significant market for Korean agricultural products, with Seoul viewing the country as a strategic gateway for further regional expansion. Song emphasized the government’s commitment to deepening trade ties and unlocking new growth opportunities for K-food exports in the fast-growing Southeast Asian market. ]]> https://agrospectrumasia.com/news/188/3723/murakami-farm-accelerates-global-expansion-as-taiwan-license-business-gains-momentum.html https://agrospectrumasia.com/news/188/3723/murakami-farm-accelerates-global-expansion-as-taiwan-license-business-gains-momentum.html Mon, 20 Apr 2026 17:14:27 +0530 “Broccoli Super Sprouts” sales double year-on-year, signaling rising demand for functional foods in Asia Murakami Farm Co. Ltd. is advancing its international growth strategy as its licensed sprout business in Taiwan records a sharp surge in demand, with sales of its flagship “Broccoli Super Sprouts” doubling year-on-year in FY2025. The milestone underscores the rapid traction of the company’s first overseas licensing initiative and highlights growing consumer appetite for functional, health-focused foods across Asia. As Japan’s leading sprout producer, Murakami Farm entered the Taiwan market through a licensing agreement with local partner Greenvines in 2021, with commercial shipments commencing in 2022. Since then, the company has successfully transferred its proprietary expertise in seed selection, production protocols, quality control, and marketing—effectively replicating its high-standard cultivation model in an overseas market. The strong performance of the product is being driven by structural shifts in consumer behavior. In Taiwan, rising dual-income households have increased reliance on dining out, often resulting in insufficient intake of fresh vegetables. At the same time, demographic aging and heightened health awareness are reshaping dietary preferences. Against this backdrop, Broccoli Super Sprouts—rich in the functional compound sulforaphane—are gaining popularity among health-conscious consumers seeking convenient, nutrient-dense food options. Consumer trust has also played a critical role in accelerating adoption. The product benefits from strong confidence in Japanese food safety standards and quality management systems. To maintain consistency, Murakami Farm has implemented rigorous monitoring processes, including regular measurement of sulforaphane levels through its dedicated laboratory in Japan, ensuring that products manufactured in Taiwan meet the same nutritional benchmarks as those produced domestically. The Taiwan initiative forms a key pillar of Murakami Farm’s broader strategy to globalize its sprout business through licensing. By systematizing its cultivation technologies and leveraging controlled-environment agriculture, the company is enabling year-round production of high-quality sprouts, independent of climate variability. This model not only enhances scalability but also positions the company to tap into the expanding global market for functional foods. Looking ahead, Murakami Farm aims to strengthen its operational footprint in Taiwan while expanding its licensing model across other Asian markets. By combining advanced plant factory technologies with localized partnerships, the company is poised to drive both business growth and improved nutritional outcomes—aligning commercial success with the rising global focus on health and wellness. ]]> https://agrospectrumasia.com/news/188/3718/tanzania-positions-sesame-as-strategic-export-crop-with-market-led-breeding-push.html https://agrospectrumasia.com/news/188/3718/tanzania-positions-sesame-as-strategic-export-crop-with-market-led-breeding-push.html Mon, 20 Apr 2026 16:49:47 +0530 Collaborative roadmap targets high-value varieties to boost farmer incomes and global competitiveness Sesame is rapidly emerging as a cornerstone of Tanzania’s agricultural growth story, with the country now ranked among the world’s top five producers of the drought-resilient oilseed. Thriving in arid conditions and low-fertility soils where other crops struggle, sesame has gained prominence as both a climate-smart crop and a high-demand export commodity, driven by the global appetite for its nutritious oil and versatile applications across food, health, and industrial sectors. In a decisive move to unlock the crop’s full potential, Tanzania has initiated a market-driven transformation of its sesame value chain. In July 2025, a Product Design Team (PDT) comprising farmer organizations, processors, private sector stakeholders, and scientists convened in Dar es Salaam to validate key market segments and define Target Product Profiles (TPPs). These TPPs are set to serve as a strategic blueprint guiding the country’s sesame breeding programs toward varieties that align with both farmer requirements and evolving market demands. The workshop marked a critical milestone in strengthening Tanzania’s research and innovation ecosystem for sesame. Opening the session, Dr. Atugonza Bilaro of the Tanzania Agricultural Research Institute (TARI) emphasized the institute’s broader initiative to establish market segmentation and TPP frameworks across all major crops, underscoring a shift toward demand-led agricultural development. Participants identified two primary market segments centered on short-duration and medium-duration sesame varieties, both characterized by white seed coats preferred for oil extraction and food processing. These segments were prioritized for immediate breeding focus, with tailored TPPs developed to optimize yield, quality, and market suitability. In parallel, stakeholders recognized an emerging segment catering to oil processing, medicinal, and cosmetic applications, encompassing sesame with diverse seed coat colors including white, brown, and black. While this segment holds significant promise, further data will be required to fully validate and integrate it into the national breeding strategy. Beyond technical outcomes, the workshop reinforced the importance of market intelligence in agricultural innovation. Participants highlighted that the process deepened their understanding of segmentation and TPP frameworks, positioning these tools as critical levers for accelerating the adoption of improved varieties. Enhanced adoption, in turn, is expected to drive productivity gains, strengthen value chains, and elevate incomes for smallholder farmers. As Tanzania advances its sesame strategy, the integration of science, market insight, and multi-stakeholder collaboration is setting the stage for the crop to transition from a traditional staple to a globally competitive, high-value agricultural asset. ]]> https://agrospectrumasia.com/news/188/3704/korea-supports-k-organic-food-to-expand-global-reach-by-strengthening-export-competitiveness.html https://agrospectrumasia.com/news/188/3704/korea-supports-k-organic-food-to-expand-global-reach-by-strengthening-export-competitiveness.html Mon, 20 Apr 2026 12:03:56 +0530 Expanding Korea's international export potentials in Organic food The National Agricultural Products Quality Management Service (NAQS) announced that it will launch the '2026 Organic Processed Food Export Promotion Support Project ' starting on the April 20th to help domestic organic processed foods enter overseas markets . It is expected to contribute to expanding sales channels by providing customized support, ranging from export preparation to connecting overseas buyers , to certified organic processed food businesses facing difficulties in entering overseas markets . In particular , the basic export education and customized counseling, which are being introduced for the first time this year , plan to provide practical assistance by identifying company-specific difficulties through preliminary diagnoses ranging from export tips , and offering 1:1 customized counseling by experts . In addition , export consultation meetings are held in various ways, such as inviting overseas buyers from the United States , the European Union (EU), the United Kingdom , Canada , Thailand, etc., holding on-site consultation meetings , and online briefing sessions . Finally , we plan to provide extensive support for companies participating in the world's largest international organic food exhibition (BIOFACH, February 2027 , Germany ) , including providing consultation desks , interpretation, and the production of promotional materials in foreign languages . After consultations, we will actively support the conclusion of contracts by systematically managing responses to buyer requests and practical contract management . Applications can be made individually or in duplicate for each support item , and certified organic processed food businesses wishing to apply can do so through the Eco-friendly Certification Management Information System from April 20 to May 15 . Kim Cheol, Director of the National Agricultural Products Quality Management Service, stated, “We will revitalize the domestic eco-friendly industry by strengthening the export competitiveness of organic processed food companies and actively support participating companies so that they can grow into leading players in the international eco-friendly market." ]]> https://agrospectrumasia.com/news/188/3665/hormuz-effect-when-energy-fertilizer-and-food-collide.html https://agrospectrumasia.com/news/188/3665/hormuz-effect-when-energy-fertilizer-and-food-collide.html Wed, 01 Apr 2026 12:39:54 +0530 FAO Chief Economist Máximo Torero warns of cascading impacts on energy, fertilizer supply, and global food systems as tanker traffic collapses and shipping risks surge The ongoing disruption to the Strait of Hormuz has emerged as a major shock to global commodity flows, with implications for energy, agriculture, and food security. According to Máximo Torero of the Food and Agriculture Organization of the United Nations, tanker traffic through the corridor has dropped by more than 90 percent within days of the escalation. The strait typically carries around 20 million barrels of oil per day—about 35 percent of global crude flows—along with significant volumes of liquefied natural gas and fertilizers. Speaking at a United Nations briefing, Torero described the situation as a systemic shock affecting global food systems, not just energy markets. He highlighted the Gulf region’s role in supplying nearly half of global sulfur, a key input in phosphate fertilizer production. Disruptions to sulfur flows could impact fertilizer output worldwide, including in major agricultural economies. Shipping challenges have intensified due to surging war-risk insurance premiums, with recovery expected to take months even if tensions ease. Systemic Shock Transmission To what extent does the disruption of the Strait of Hormuz represent a new class of systemic risk, where energy, fertilizer, and food supply chains converge into a single point of failure? The Strait of Hormuz is the world’s most concentrated chokepoint for simultaneously disrupting energy, fertilizer, sulfur, and agrifood systems. Under normal conditions, it carries roughly 20 million barrels of oil per day (one‑quarter of global seaborne oil), one‑fifth of global LNG, and up to 30 percent of internationally traded fertilizers. The current conflict has collapsed tanker traffic by more than 90 percent within days, stalling an estimated 3–4 million tonnes of fertilizer trade per month. What makes this a new class of systemic risk is the convergence of three interdependent chains: Energy – oil and gas prices spiked 20–35 percent (Brent) and 50–75 percent (European gas). Fertilizer – no strategic reserves exist; urea prices rose 19 percent in one week. Sulfur – essential to produce phosphate fertilizer. Food – Gulf countries import 70–90 percent of their food, and import‑dependent nations face immediate yield threats. Because natural gas is the feedstock for nitrogen fertilizers, and sulfur (half of global trade passes through Hormuz) is essential for phosphate processing, a single disruption simultaneously raises fuel costs, fertilizer prices, and transport expenses. The FAO notes that “there are no large strategic fertilizer reserves comparable to oil stocks,” so any sustained interruption quickly elevates global food inflation. This convergence turns a maritime chokepoint into a single point of failure for the entire agrifood value chain. Fragility vs. Resilience of Globalization Does this crisis fundamentally challenge the assumption that globalized agricultural supply chains are efficiency‑maximizing, but structurally fragile in the face of geopolitical shocks? Global supply chains are needed to assure all countries have access to the diversity of food that is required and to use our natural resources optimally. Although it is true that on the inputs there are shock points  that increase the risks for global supply chains but will be the same for local supply chains. The FAO analysis shows that the current globalized system delivered low costs and just‑in‑time efficiency in peacetime, but the Hormuz disruption exposes its structural fragility. Within days, a conflict in one region removed a quarter of global oil trade, one‑third of fertilizer trade, and a major share of food demand from the Gulf. The document highlights that the Gulf States’ high import dependency (70–90 percent for staples) was sustainable only when trade routes were open. Once the strait closed, their strategic grain reserves (4–6 months) became a finite buffer, not a solution. Similarly, fertilizer‑importing countries like Bangladesh (53 percent Gulf dependency) and Kenya ( 40 percent ) face immediate shortages with no alternative supply chain ready. The FAO’s modeling of a “policy inaction baseline” shows that without coordinated intervention, real household income in Gulf countries could decline 14–18 percent, and global cereal producer income could drop nearly 5 percent. This is not a temporary inefficiency; it is a structural vulnerability built into efficiency‑maximized, highly concentrated supply chains. The crisis therefore challenges the assumption that globalization’s benefits automatically outweigh its geopolitical risks. Fertilizer Dependency Trap Given the heavy reliance on energy‑linked fertilizers, are we approaching a structural ceiling in yield growth, where input dependency itself becomes the primary constraint on global food security? The evidence points toward a growing constraint, not yet a hard ceiling, but dangerously close in many regions. Nitrogen fertilizers are produced from natural gas, and the Persian Gulf is a low‑cost producer. When energy prices spike, fertilizer prices follow directly. The FAO estimates that if the crisis continues, global fertilizer prices could average 15–20 percent higher in the first half of 2026. The “dependency trap” operates through three mechanisms: Cost‑driven reduction – Farmers facing high prices apply less fertilizer, reducing yields. No strategic reserves – Unlike oil, there is no global fertilizer stockpile to smooth shocks. Nonlinear yield response – In low‑input systems (e.g., sub‑Saharan Africa at ]]> https://agrospectrumasia.com/news/188/3618/24-mile-chokepoint-that-moves-world.html https://agrospectrumasia.com/news/188/3618/24-mile-chokepoint-that-moves-world.html Thu, 05 Mar 2026 18:17:20 +0530 Tensions around the Strait of Hormuz are rattling oil markets, disrupting shipping networks and exposing fragile fertilizer supply chains that underpin global food production The narrow waters of the Strait of Hormuz have long been one of the world’s most strategically sensitive maritime corridors. Now, as tensions flare across the Middle East following unprecedented joint military strikes by the United States and Israel on Iran, the waterway has once again emerged as the epicenter of a rapidly escalating global economic shock. Oil prices are climbing. Shipping companies are scrambling to reroute vessels. Freight costs and insurance premiums are surging. And fertilizer markets—already fragile—are bracing for another wave of volatility. For countries like India, which depend heavily on both Middle Eastern energy and imported agricultural inputs, the repercussions could ripple far beyond energy markets, touching everything from food production and agricultural costs to inflation and trade logistics. The crisis underscores a stark reality of the global economy: a sliver of water barely 24 miles wide can still dictate the fortunes of nations. A Strategic Chokepoint Under Pressure Stretching roughly 100 miles between Iran in the north and the coastlines of Oman and the United Arab Emirates in the south, the Strait of Hormuz has long occupied a singular place in the architecture of the global energy system. Few geographic features exert such disproportionate influence over the world economy. On a map it appears as little more than a thin ribbon of water separating the Persian Gulf from the open ocean. In reality, it functions as one of the most consequential arteries of global commerce. Disruption or heightened risk in the Strait of Hormuz can significantly affect India’s agri trade flows, as fertilizers, sulphur, phosphoric acid and other critical inputs face longer transit times, higher freight rates and insurance premiums. Sulphur prices are especially vulnerable, since a large share of global sulphur is recovered from Middle Eastern oil and gas processing; any slowdown or shipping disruption can tighten supply and spike prices for sulphur-based fertilizers. For India, this translates into higher nutrient costs, pressure on fertilizer subsidies, and potential delays during key sowing seasons. The overall risk is not a shortage-driven crisis, but a cost- and timing-driven shock to agricultural supply chains. --- Dr Rahul Mirchandani, Chairman, Aries Agro At its narrowest point, the strait measures just 24 miles across—barely the distance of a short highway commute. Yet through this slender maritime corridor flows close to 20 percent of the world’s crude oil supply, an extraordinary concentration of energy trade passing through a single chokepoint. Every day, vast fleets of tankers carrying millions of barrels of oil move through these waters, transporting crude from the Persian Gulf’s dominant producers—Saudi Arabia, Iraq, Kuwait and the United Arab Emirates—toward energy-hungry economies in Asia, Europe and beyond. The significance of the strait lies not only in the volume of oil that moves through it, but in the absence of credible alternatives. Pipelines exist that bypass the corridor, including routes across Saudi Arabia and the UAE, yet their combined capacity falls far short of replacing the immense flow handled by maritime tankers. The geography of the region has effectively locked the global energy system into dependence on this narrow passage. That dependence transforms the strait into something more than a shipping lane—it becomes a pressure point where geopolitics and economics intersect. Any disruption, whether from military confrontation, maritime blockades, sabotage or even heightened security threats, reverberates far beyond the Gulf. Traders, insurers and shipping companies monitor developments in the strait with extraordinary sensitivity because even small risks can translate into immediate market reactions. “Exports to the Middle East are effectively on hold for now as shipping companies reassess security risks in the Gulf. Carriers are likely to impose additional insurance and war-risk surcharges, which will inevitably make imports more expensive. If the situation persists, the combined effect of higher freight costs, longer transit times and elevated insurance premiums could significantly raise the cost of fertilizers and other agricultural inputs for countries like India.” ---- Rajib Chakraborty, National President, SFIA History has repeatedly shown how fragile this equilibrium can be. Periods of tension in the Gulf—from the tanker wars of the 1980s to more recent confrontations between regional powers—have demonstrated how quickly shipping routes can become contested and how rapidly energy markets respond. Today, that sensitivity remains acute. Analysts warn that even the threat of closure—without a single tanker being physically blocked—could push crude prices sharply higher as traders price in the possibility of disrupted supply. Some estimates suggest that oil could surge toward $108 per barrel if shipments through the strait were significantly curtailed. Recent movements in energy markets suggest investors are already factoring in that risk. The mere possibility of instability in the Strait of Hormuz is enough to ripple through futures markets, insurance premiums and freight rates, underscoring how profoundly the global economy still depends on the safe passage of ships through a corridor barely two dozen miles wide. In an era defined by complex supply chains and interconnected markets, the world’s energy lifeline still runs through one narrow stretch of water—and the consequences of instability there rarely remain confined to the region. Oil Markets React Global crude markets wasted little time registering the shock. As geopolitical tensions escalated across the Gulf, oil prices moved almost instantly, reflecting how sensitive energy markets remain to developments around the Strait of Hormuz. Futures linked to West Texas Intermediate crude surged more than 6 percent, climbing above $71 per barrel—their highest level in over eight months. At one stage during trading, prices spiked nearly 10 percent, a sharp intraday surge that underscored the market’s growing anxiety about potential supply disruptions. Yet traders say the rally is not driven by immediate shortages of crude. Rather, it reflects a rapidly expanding geopolitical risk premium—the additional cost markets attach to the possibility that instability in the Persian Gulf could threaten one of the world’s most vital energy corridors. The Gulf remains the epicenter of global oil exports. When tensions rise in a region responsible for such a large share of global supply, markets react with remarkable speed. Shipping data already suggests that tanker operators are recalibrating their strategies—adjusting routes, revising security protocols, and factoring higher risk into charter rates. As insurers reassess exposure in a potential conflict zone, maritime insurance premiums are also beginning to climb. For oil-importing economies, the implications are immediate and unavoidable. Rising freight costs, higher insurance charges and a swelling geopolitical risk premium combine to push energy bills upward, transmitting the shock from the Gulf directly into global inflation and trade flows. India’s Energy Vulnerability Few economies illustrate the stakes of Gulf instability more starkly than India. Roughly half of India’s crude oil imports—between 2.5 and 2.7 million barrels per day—move through the Strait of Hormuz, making the narrow corridor one of the most critical arteries in the country’s energy supply chain. These shipments originate largely from Iraq, Saudi Arabia, the United Arab Emirates and Kuwait—producers that together anchor India’s long-standing energy relationship with the Persian Gulf. Any sustained disruption to maritime traffic through the strait would therefore reverberate quickly through India’s economy. The country’s vast refining sector remains deeply intertwined with Middle Eastern crude flows. Although New Delhi has diversified supply in recent years—most notably by ramping up purchases from Russia—the Gulf continues to form the backbone of its energy strategy. A surge in crude prices would ripple through the economy with speed. Fuel costs feed directly into transportation networks, manufacturing supply chains and logistics, amplifying inflationary pressures across sectors. In a country where energy prices carry both economic and political sensitivity, volatility in the Gulf rarely remains confined to commodity markets for long. Yet oil is only one layer of the vulnerability. The same sea lanes that carry crude tankers also support a sprawling web of container shipping, agricultural commodities and fertilizer shipments—cargoes that are just as critical to India’s economic stability and food security as energy itself. Shipping Lines Pull Back Long before any formal closure of sea lanes, the global shipping industry has begun behaving as though the risk is already real. As tensions rise around the Strait of Hormuz and the wider Persian Gulf, some of the world’s largest container carriers are quietly redrawing their maritime maps—suspending cargo bookings, rerouting vessels and issuing emergency advisories to fleets navigating one of the world’s most critical trade corridors. The response has been swift and coordinated. The Geneva-based shipping giant MSC Mediterranean Shipping Company announced on March 1 that it was suspending all bookings for worldwide cargo bound for the Middle East until further notice, a move that effectively freezes a significant portion of container traffic headed toward Gulf ports. Meanwhile, Danish logistics powerhouse Maersk confirmed that two of its major shipping services—ME11 and MECL, which connect the Middle East and India with Mediterranean and U.S. markets—would be rerouted around the Cape of Good Hope. While safer, the diversion dramatically extends sailing distances between Asia, Europe and the Americas, adding days—sometimes weeks—to global shipping schedules. France’s maritime heavyweight CMA CGM has taken an even more sweeping step. Citing escalating operational and security constraints, the company halted all refrigerated container bookings for a wide swath of Middle Eastern destinations including Iraq, Bahrain, Kuwait, Yemen, Qatar, Oman, the United Arab Emirates, Saudi Arabia, Jordan, Egypt (Port of Ain Sokhna), Djibouti, Sudan and Eritrea. Across the Gulf itself, caution has hardened into operational directives. China’s state-backed carrier COSCO Shipping has instructed vessels already inside the Gulf to proceed to safer waters and remain on standby until security conditions stabilize. German shipping line Hapag‑Lloyd—the world’s fifth-largest container shipping company—has gone further still, suspending all transit through the strait. Ships already operating within the Gulf have reportedly been ordered to seek shelter and await further instructions. Taken together, these moves amount to a quiet but profound shift in global maritime behavior. Without a single official blockade being declared, the shipping industry is already acting as though one of the world’s most vital trade corridors has become dangerously uncertain. Freight Costs Begin to Spike As vessels quietly alter their routes and insurers reassess the risks of operating in a rapidly militarizing maritime corridor, the financial consequences are already rippling through global shipping markets. Freight rates are beginning to climb. Shipping companies have introduced what is known as an Emergency Conflict Surcharge (ECS)—a temporary levy designed to compensate carriers for the sharply elevated risks of operating near the Strait of Hormuz and the wider Persian Gulf. The new charges are steep and immediate. Current ECS levels include $2,000 per 20-foot container, $3,000 per 40-foot container, and $4,000 for refrigerated or specialized containers, the latter particularly significant for food, pharmaceutical and agricultural shipments that depend on temperature-controlled transport. These surcharges are only part of the emerging cost structure. Maritime insurers are simultaneously recalibrating risk assessments for ships entering Gulf waters, prompting additional War Risk Surcharges across multiple routes. German carrier Hapag-Lloyd has already confirmed the introduction of such fees, setting charges at $1,500 per TEU for standard containers and $3,500 per container for refrigerated units and specialized equipment. For exporters and importers, the financial arithmetic escalates quickly. Every additional surcharge compounds the cost of moving goods through already strained supply chains. Longer detours around the Cape of Good Hope increase fuel consumption and voyage durations, while rising insurance premiums add another layer of expense. The result is a mounting logistical squeeze that many trade analysts say is beginning to resemble the cascading disruptions witnessed during the early months of the COVID-19 pandemic—when shipping delays, container shortages and freight inflation reverberated across the global economy. In today’s case, however, the trigger is not a virus but geopolitics—and a narrow maritime corridor whose instability can still reshape the economics of global trade. Port Disruptions and Regional Bottlenecks The stress is not confined to oil tankers and container vessels navigating the narrow waters of the Strait of Hormuz. It is increasingly visible across the wider logistics architecture of the Gulf, where some of the world’s most important trade hubs are beginning to feel the strain. At the center of this network lies Jebel Ali Port—one of the largest container transshipment complexes on the planet and a crucial redistribution gateway linking Asia, Africa and Europe. Reports indicate that the port has experienced temporary operational halts following conflict-related blasts and debris incidents in the region, forcing precautionary pauses in port activity. Even short disruptions at such strategic hubs can send shockwaves through global supply chains. Ports like Jebel Ali operate as the logistical heartbeat of the Gulf’s “free-zone” trade ecosystem, where cargo arriving from Asia is redistributed onward to markets across the Middle East, Africa and the Mediterranean. When these nodes slow down—even briefly—the consequences propagate outward through shipping schedules, container availability and delivery timelines. For exporters thousands of miles away, the effects can be immediate. Indian exporters who rely heavily on Gulf transshipment routes warn that the growing instability could lengthen transit times and inject fresh uncertainty into key export corridors connecting South Asia with Europe and Africa. Delays at a single hub can cascade through multiple supply chains, forcing cargo to wait for connecting vessels, rerouted containers or alternative port calls. Air logistics may offer little relief. With parts of regional airspace subject to potential restrictions or heightened security oversight, cargo flights could face longer routes or operational constraints—tightening supply chains even further. Yet amid the turbulence engulfing oil markets and container shipping, one of the most consequential ripple effects may emerge in a sector far removed from tankers and port cranes. The next shock could arrive in the global fertilizer market. Fertilizer Markets Brace for Impact Beyond oil tankers and container vessels, another critical supply chain runs quietly through the waters of the Persian Gulf—one that ultimately feeds the world. The Middle East plays a pivotal role in global fertilizer production, particularly for nitrogen-based fertilizers such as urea. Countries across the region have built vast petrochemical complexes that convert natural gas into fertilizers shipped to agricultural markets around the world. Among them, Iran occupies a significant position. The country has a urea production capacity of roughly 9 million tonnes per year, exporting around 5 million tonnes annually to international markets. Iranian urea is frequently among the lowest-priced supplies globally, making it an important source for fertilizer-importing countries—including India. Any disruption to these exports—whether triggered by shipping constraints, sanctions pressure, or logistical bottlenecks across the Strait of Hormuz—can quickly ripple through global fertilizer markets. Analysts warn that instability along these maritime routes could push prices higher across the entire fertilizer spectrum: urea, MOP (muriate of potash), DAP (di-ammonium phosphate) and NPK fertilizers. For India, the implications are particularly significant. The country is among the world’s largest consumers of agricultural nutrients, and its food security is deeply intertwined with the reliability of international fertilizer supply chains. In the fiscal year 2024–25, India imported 160.29 lakh metric tonnes of bulk fertilizers, underscoring the enormous scale of its dependence on global trade. These imports underpin the productivity of one of the world’s largest agricultural systems—supporting everything from wheat and rice cultivation to oilseeds and horticulture. But a closer examination of India’s fertilizer import structure reveals something more consequential. Many of these supply lines run directly through the same geopolitical fault lines now emerging across the Gulf. Urea Imports and Gulf Dependence Urea dominates India’s fertilizer import basket. Total imports amount to 56.47 LMT, making it the largest category in the country’s fertilizer trade. The supply structure reveals a striking concentration in Gulf producers. Oman supplies 26.13 LMT, making it India’s largest supplier by far. Russia provides 9.23 LMT, while Saudi Arabia contributes 5.38 LMT and Qatar exports 3.70 LMT. Taken together, Oman, Saudi Arabia and Qatar account for 35.21 LMT—around 62.35 percent of India’s total urea imports. This means that nearly two-thirds of India’s most critical fertilizer flows from countries located in or near the Gulf region. If shipping routes through the Strait of Hormuz were disrupted, the consequences for India’s fertilizer supply chain could be immediate. MOP Import Patterns Muriate of potash (MOP) is the second-largest fertilizer import category at 45.69 LMT. Major suppliers include Saudi Arabia (19.05 LMT) and Morocco (10.74 LMT), alongside smaller shipments from China and Jordan (2.39 LMT). Imports from Saudi Arabia and Jordan together total 21.44 LMT, representing 46.92 percent of India’s MOP imports. While this share is lower than that of urea, it still reflects a substantial reliance on suppliers connected to West Asia. DAP Supply Structure DAP imports total 35.41 LMT, and the supply structure is more geographically diversified. Russia dominates with 18.00 LMT, while Jordan supplies 3.01 LMT and Israel contributes 2.80 LMT. Gulf-region contributions are relatively smaller—5.81 LMT, or 16.41 percent of total DAP imports. This diversification provides a measure of resilience, though it also highlights Russia’s expanding role in global fertilizer supply chains. NPK Fertilizer Imports NPK fertilizer imports amount to 22.72 LMT, the smallest category among the four. Here again Russia dominates with 18.27 LMT, followed by Saudi Arabia with 3.40 LMT, while China supplies a minor share. The Gulf contribution therefore totals 3.40 LMT, accounting for 14.96 percent of India’s NPK imports. Structural Vulnerabilities in the Supply Chain Viewed together, the import data reveals a set of structural vulnerabilities that extend far beyond simple trade statistics. Beneath the numbers lies a complex web of geopolitical exposure linking India’s agricultural system to two of the world’s most strategically sensitive regions—the Persian Gulf and Russia. The most striking dependency appears in urea, where India’s reliance on Gulf suppliers exceeds 62 percent. Countries such as Oman, Saudi Arabia and Qatar together account for the overwhelming share of shipments, tying India’s most critical fertilizer directly to the stability of trade routes that pass through the Strait of Hormuz. A similar—though slightly less concentrated—pattern emerges in MOP (muriate of potash) imports. Nearly 47 percent of India’s supply originates from Gulf-linked producers, notably Saudi Arabia and Jordan. While additional supplies arrive from producers such as Morocco and China, the Gulf remains a crucial pillar of the supply chain. The picture shifts somewhat for DAP and NPK fertilizers, where the sourcing base is more geographically diversified. Here, Russia has emerged as the dominant supplier, particularly in NPK and a substantial share of DAP imports, reflecting Moscow’s growing footprint in global fertilizer markets. Yet diversification does not necessarily eliminate risk. Instead, it redistributes it across multiple geopolitical fault lines. In practical terms, India’s fertilizer supply chain now sits at the intersection of two volatile arenas. Tensions in the Gulf can disrupt maritime routes through the Strait of Hormuz. Diplomatic shifts or sanctions regimes can reshape exports from Russia. Meanwhile, the mechanics of global shipping—freight rates, insurance premiums and vessel availability—can change almost overnight when conflict alters maritime risk calculations. Each of these pressures ultimately converges in a single place: fertilizer prices. If vessels are forced onto longer routes, if insurers impose war-risk premiums, or if supply chains fragment under geopolitical strain, the cost of nutrients essential to agricultural production rises accordingly—transmitting geopolitical instability directly into the economics of farming and food production. The Global Stakes The world has faced crises in these waters before—from the tanker wars of the 1980s to the recurring standoffs between Iran and Western powers. Yet the stakes today may be even higher. Global supply chains are now more tightly interwoven than at any point in modern economic history. Energy markets respond instantly to geopolitical tremors, while food systems—often overlooked in strategic debates—depend heavily on the uninterrupted movement of fertilizers and agricultural inputs across oceans. At the center of this delicate architecture lies the Strait of Hormuz. Should tensions escalate further—or should the passage become unsafe for commercial shipping even temporarily—the consequences would extend far beyond the Middle East. Oil prices could spike sharply as traders scramble to price in supply risks. Shipping lanes could remain disrupted as vessels reroute around conflict zones, driving up freight costs and insurance premiums. Fertilizer markets, already sensitive to logistics disruptions, could tighten rapidly, amplifying pressure on global food production. The resulting shock would not remain confined to commodity markets. It would ripple outward—through inflation, trade balances and food security—reverberating across economies already strained by geopolitical fragmentation and fragile supply chains. For now, the world’s attention remains fixed on a narrow corridor of water where geopolitics, energy security and global trade converge. History offers a clear lesson: what unfolds in the Strait of Hormuz rarely stays there. --- Suchetana Choudhury (suchetana.choudhuri@agrospectrumindia.com) ]]> https://agrospectrumasia.com/news/188/3597/thailand-and-south-korea-collaborate-to-boost-thai-fruit-exports.html https://agrospectrumasia.com/news/188/3597/thailand-and-south-korea-collaborate-to-boost-thai-fruit-exports.html Wed, 25 Feb 2026 11:41:53 +0530 Strengthening agricultural trade through market expansion and innovation Thailand’s Department of Agriculture and the Thai Ambassador to Seoul are intensifying efforts to enhance the export of high-value Thai agricultural products to South Korea. In a recent meeting with South Korea’s Animal and Plant Quarantine Agency (APQA), both sides discussed strategies to overcome trade barriers and expand market access for Thai fruits such as mangoes, pomelos, longans, and green papayas. Addressing Trade Barriers and SPS Measures The meeting, led by Rapibhat Chandarasrivongs, Director-General of the Department of Agriculture, and Tanee Sangrat, Thai Ambassador to Seoul, focused on tackling sanitary and phytosanitary (SPS) measures that impact trade. Both countries are working to open new agricultural markets while increasing the volume of Thai exports to South Korea. In 2026, Thailand submitted a request to open South Korea’s pomelo market, while South Korea sought access for fresh paprika to Thailand. This ongoing cooperation highlights the shared goal of fostering agricultural trade between the two nations. Promising Growth in Pomelo Exports Thailand’s pomelo exports have shown significant potential. In 2025, the country exported over 31,832 tons of fresh pomelos worth 1.42 billion baht. With South Korea’s anticipated approval to import Thai pomelos, exports are projected to rise to 32,000 tons, valued at approximately 1.5 billion baht. Additionally, Thailand has requested market access for longans and green papayas, two high-potential products. By 2026, Thailand aims to export 514,000 tons of longans worth 18.3 billion baht and 372 tons of fresh papayas worth 30 million baht to South Korea, aligning with the Ministry of Agriculture and Cooperatives' "market-driven production" policy. Innovations in Mango Export Practices Thailand currently exports four mango varieties—Nang Klang Wan, Nam Dok Mai, Rad, and Mahachanok—to South Korea. These mangoes are treated with Vapour Heat Treatment (VHT) to control fruit flies of the Bactrocera genus. However, the Director-General proposed an alternative method, Hot Water Immersion Treatment (HWIT), which has been approved by the Commission on Phytosanitary Measures (CPM) since 2025. This method has been successfully used for exporting mangoes to the European Union for over five years without reports of pest contamination. Moreover, HWIT offers significant cost advantages. While a 3-ton steam oven for VHT costs around 11 million baht, a 600-kilogram hot water immersion tank costs only 350,000 baht, making it a more economical option for Thai exporters. Enhancing Cooperation and Market Competitiveness The meeting with APQA represents a key step in strengthening collaboration between the National Plant Protection Organisations (NPPOs) of Thailand and South Korea. This partnership is expected to unlock new trade opportunities, add value to Thailand’s agricultural products, and reinforce confidence in food safety and plant health standards. The long-term goal is to improve the competitiveness of Thai agricultural products in the South Korean market. By addressing trade barriers and adopting cost-effective treatment methods, Thailand is positioning itself to meet growing demand while ensuring the high quality of its exports. Outlook for Thai Agricultural Exports The collaborative efforts between Thailand and South Korea are set to drive growth in the agricultural sector. With innovative treatment methods, expanded market access, and a focus on high-value products, Thailand is poised to strengthen its position as a leading exporter of premium fruits to South Korea. This initiative not only benefits Thai farmers and exporters but also enhances bilateral trade relations, paving the way for sustainable agricultural growth. ]]> https://agrospectrumasia.com/news/188/3316/australia-secures-market-access-to-export-the-blueberries-to-vietnam.html https://agrospectrumasia.com/news/188/3316/australia-secures-market-access-to-export-the-blueberries-to-vietnam.html Fri, 10 Oct 2025 10:58:09 +0530 Move will significantly boost Australia’s $500 million blueberry industry Australia is opening new opportunities for its blueberry producers through a landmark agreement that secures market access to export the fruit to Vietnam. This trade deal, projected to generate approximately $22 million over five years, highlights the growing demand for Australian agricultural products in international markets and underscores the country's efforts to strengthen its export capabilities. The agreement is another major win for Australian producers and will also create access to Vietnamese pomelos for Australian consumers. Work on securing this two-way agreement commenced in 2022 and stands as a testament to the strong and positive relationship between the two nations. Accessing the Vietnamese market, a nation with a population of over 100 million, will significantly boost Australia’s $500 million blueberry industry. New market access for Australian blueberries to Vietnam will be valued at approximately $4 million in the first year and approximately $22 million within 5 years. In 2024-25, the Australia recorded a total of 79 technical market access achievements across a variety of products. These include 17 actions to maintain and 8 to restore existing markets which supported trade worth $4 billion, alongside opening 10 new markets and making 44 improvements to existing access. By continuing to create new and improved pathways for Australian produce, Australian horticulture sector expects to drive significant growth, forecast to be worth more than $100 billion in 2025-26. ]]> https://agrospectrumasia.com/news/188/3168/philippines-to-revitalize-coconut-industry-sector-and-boost-export-strategies.html https://agrospectrumasia.com/news/188/3168/philippines-to-revitalize-coconut-industry-sector-and-boost-export-strategies.html Thu, 07 Aug 2025 10:43:42 +0530 Each year, the industry exports an average of USD2 billion worth of crude and refined coconut oil, desiccated coconut, copra meal, and coconut water from about 14 to 15 billion nuts. Philippines Agriculture Secretary Francisco P. Tiu Laurel Jr. underscored the urgency of the call of President Ferdinand Marcos Jr. for the amendment of the Coconut Farmers and Industry Trust Fund Act, saying it is vital for the revitalization of the coconut sector—the country’s top agricultural export earner. Tiu Laurel recommended revising the law in order to direct the trust fund's resources to the most critical needs--particularly replanting. Coconut trees are rapidly aging, and without immediate replacement, the industry is at risk, he urged Coconut trees over 50 years old produce less than half the potential yield of younger trees, which stands at around 80-100 nuts a year. While the fruit-bearing capacity of older trees may be temporarily boosted with salt fertilization, replanting is the only long-term solution to sustain the viability of the coconut sector. Around 3 million farmers working across 3.6 million hectares, the Philippines is the world’s second-largest coconut producer and exporter, after Indonesia. The sector, however, is underperforming: only 134 processing plants are operating—many at just 50 percent capacity—and 60 oil mills remain well below their combined capacity of 3.7 million metric tons due to lower farm yields. Tiu Laurel emphasized that these reforms go beyond boosting productivity—they aim to secure the livelihoods of millions of Filipino coconut farmers. He noted that increasing farm yields could allow the Philippines to capitalize on the growing demand for coconut oil, particularly in Europe. While annual targets are expected to be met, Tiu Laurel highlighted the need to accelerate the pace of planting to ensure the industry’s long-term sustainability. In 2024, despite El Niño, the Philippine Coconut Authority (PCA) managed to plant 8.6 million seedlings exceeding the 8.5 target—quadruple the previous two-year average. Still, this falls short of President Marcos’s vision to plant 100 million coconut trees by 2028. For 2025, the government has allocated P1 billion for planting/replanting and P1.8 billion for fertilization. But to truly scale the effort, the P80-billion trust fund must be refocused toward high-impact programs that lift productivity and farmer incomes. The proposed amendment will allow greater flexibility to ensure a more responsive and adaptive approach to the evolving needs of coconut farmers and the industry. Aside from massive and sustained replanting, said Secretary Tiu Laurel, the amendment to the trust fund also allow the PCA to focus on providing drip irrigation, water impounding, fertilization and farmers welfare. “We’ve consulted with agencies, farmer groups, and stakeholders to ensure the amendments to the Coconut Farmers and Industry Trust Fund Act reflect the sector’s growing needs,” said PCA Administrator Dexter Buted ]]> https://agrospectrumasia.com/news/188/3084/korea-stives-to-bolsters-global-expansion-through-national-agricultural-cooperative-federation.html https://agrospectrumasia.com/news/188/3084/korea-stives-to-bolsters-global-expansion-through-national-agricultural-cooperative-federation.html Mon, 07 Jul 2025 11:29:34 +0530 NACF France play a pivotal role in advancing Korean agro-food output into the European market Korea’s National Agricultural Cooperative Federation (NACF) Chairman Kang Ho-dong shared his global expansion strategy with employees in Europe, the cooperative organization for farmers. He urged that NACF France needs to play a pivotal role in Korean agro-food’s successful advance into the European market. National Agricultural Cooperative Federation (NACF) is also known as NongHyup, exists with its three financial subsidiaries — NACF in France, NH NongHyup Bank London branch and NH Investment & Securities in London — reported their latest operations to the chairman during his visit to the bank’s London branch. On the occasion of his visit to NH NongHyup Bank's London office, Kang encouraged the company's employees and discussed its global presence. Opened in 2021, NH NongHyup Bank’s London office was the bank’s first overseas branch in Europe, marking a milestone for a major Korean bank entering the U.K. financial market. “The London offices should serve not only as the core of NongHyup financial services in Europe, but also as a strategic outpost for NongHyup’s overall global expansion. It needs to establish a close relationship with Korean companies seeking to enter into the European market. They need money, and we can support them” explains Chairman Kang Ho-dong. Kang reviewed market trends in the European agri-food sector, local business performance and partnership networks at Nonghyup's France branch. He emphasized the office's role as a control tower for expanding Korean agricultural exports to Europe. ]]> https://agrospectrumasia.com/news/188/3060/russias-uralchem-to-expand-fertilizer-exports-to-africa-fivefold-by-2030.html https://agrospectrumasia.com/news/188/3060/russias-uralchem-to-expand-fertilizer-exports-to-africa-fivefold-by-2030.html Thu, 26 Jun 2025 12:06:39 +0530 Russian fertilizer giant Uralchem has unveiled plans to expand its fertilizer exports to Africa from 1 million to 5 million metric tons annually by 2030, reinforcing its commitment to supporting agricultural development across the continent. The announcement was made by Uralchem CEO Dmitry Konyaev at the Russia–Africa Business Dialogue during the St. Petersburg International Economic Forum (SPIEF) last week. “Africa’s fertilizer imports remain disproportionately low, with just 10 million tons imported in 2024—far below the continent’s agricultural needs,” said Konyaev. “We are committed to bridging this gap and enhancing food security by scaling up our presence across the region.” Konyaev pointed to longstanding structural challenges—including inadequate transport infrastructure and complex payment systems—that have driven up costs for African farmers. “It’s absurd that African farmers often pay more for fertilizers than their European counterparts,” he said, stressing the need for localized solutions. To address these challenges, Uralchem plans to establish joint ventures with African governments, building regional hubs for fertilizer production and distribution. The company has already begun operations in South Africa and Côte d’Ivoire, and is exploring further partnerships across the continent. Complementing this strategy, PhosAgro CEO Mikhail Rybnikov noted that his company’s fertilizers are already being shipped to South Africa, Ethiopia, Mozambique, Cameroon, and Morocco, supporting regional agricultural resilience and self-sufficiency. Since 2022, Uralchem has donated over 134,000 tons of fertilizer to African nations, including Malawi, Nigeria, Kenya, and Zimbabwe, in collaboration with the UN World Food Programme (WFP). “Our goal is not just commercial. It’s developmental,” Konyaev concluded. “We believe Africa’s agricultural transformation must be underpinned by accessible, affordable fertilizer supply.” This strategic expansion underscores Russia’s growing economic engagement with Africa, with fertilizers playing a pivotal role in addressing the continent’s food security and productivity challenges. ]]> https://agrospectrumasia.com/news/188/3058/indonesia-set-to-begin-monthly-rice-exports-to-malaysia-amid-surplus-stockpile.html https://agrospectrumasia.com/news/188/3058/indonesia-set-to-begin-monthly-rice-exports-to-malaysia-amid-surplus-stockpile.html Thu, 26 Jun 2025 11:47:46 +0530 In a significant shift in national food policy, Indonesia is preparing to export 2,000 tons of non-premium rice per month to Malaysia, leveraging its record-high rice stockpile of nearly 4 million tons. The move signals Indonesia’s evolving role from a major rice importer to an emerging exporter in the global market. The plan, currently in the administrative finalization stage, follows discussions between Indonesian and Malaysian officials and aligns with President Prabowo Subianto’s broader food security agenda. “Talks have been held with Malaysian counterparts, and we’ve met with potential buyers,” said Deputy Minister of Agriculture Sudaryono during a visit to Karawang, West Java. “Once the President gives the go-ahead, we’re ready to proceed.” The initial agreement includes a monthly shipment volume of around 2,000 tons, with the potential to scale based on bilateral needs. Malaysia, which meets only 40–50 per cent of its rice demand through domestic production, is currently grappling with high retail rice prices — making Indonesian supplies a timely intervention. Indonesia’s rice export readiness follows a policy decision to halt rice imports, a move that has significantly impacted global markets. According to Sudaryono, Indonesia’s absence from the import arena has contributed to a global rice oversupply and declining international prices. “As one of the world’s largest rice importers, our withdrawal has created a ripple effect — increasing global supply and putting downward pressure on prices,” he noted. Despite the global price dip, domestic rice prices in Indonesia have remained stable, underpinned by sustained demand and strategic stock management by the state logistics agency, Bulog. Minister of Agriculture Andi Amran Sulaiman emphasized that Indonesia’s rice reserves are now positioned not only to safeguard national food security and social welfare programs, but also to support regional trade. “Malaysia has shown strong interest in sourcing from us, given the price pressures it faces at home,” said Minister Amran. “With nearly 4 million tons in reserve, we’re well-positioned to meet both domestic needs and explore export opportunities.” The rice export initiative is expected to boost bilateral agri-trade relations and could serve as a template for future exports to other ASEAN markets. ]]> https://agrospectrumasia.com/news/188/3057/koreas-agriculture-ministry-champions-rural-transformation-digital-innovation-and-record-export-growth.html https://agrospectrumasia.com/news/188/3057/koreas-agriculture-ministry-champions-rural-transformation-digital-innovation-and-record-export-growth.html Wed, 25 Jun 2025 12:15:00 +0530 South Korea’s Ministry of Agriculture, Food and Rural Affairs, under the leadership of Minister Song Mi-ryung, is advancing a comprehensive agenda to transform the nation’s agriculture sector through digital innovation, youth engagement, and global partnerships. In just over a year into her tenure, Minister Song—Korea’s first female agriculture minister—has prioritized three key transitions: the digitalization of agriculture, generational renewal in farming, and the revitalization of rural spaces. These pillars underpin the ministry’s long-term vision to reposition agriculture as a future-facing, high-tech industry that supports both economic resilience and community well-being. Among the ministry’s most ambitious initiatives is the deployment of smart technologies. Newly enacted legislation, including the Smart Agriculture Act, Food Tech Act, and Green Bio Act, supports the private sector in pioneering innovations such as vertical farms and green bio hubs. The ministry also aims to convert 35 per cent of Korea’s 55,000 hectares of greenhouses into smart farms by 2029 and introduce digital systems across 20 per cent of major crop fields. To address the aging rural population, the ministry is scaling up support for young farmers, offering monthly startup grants, smart farm rentals, and entrepreneurship training. The number of young grant recipients has grown from 4,000 in 2023 to 5,000 in 2024, with a goal of cultivating 30,000 new agricultural leaders. “The future of Korean agriculture lies in smart, sustainable, and socially appealing rural spaces,” said Minister Song. “Young people increasingly seek meaningful lifestyles, and the countryside offers new possibilities as a ‘third space’—not just urban or rural, but a hybrid zone for innovation, work-life balance, and lifestyle-driven enterprise.” A landmark project underway is the development of Korea’s first agricultural satellite, scheduled for launch in 2026. The satellite will gather high-resolution crop and climate data every three days, enabling data-driven policymaking, real-time production forecasts, and private-sector innovation. Despite global tariff headwinds, Korean agri-food exports are surging. The ministry reported record K-Food Plus exports of $ 13 billion in 2024, with a 9.4 per cent year-on-year rise as of April 2025. Fresh produce exports reached $ 1.57 billion, while sauces like gochujang hit an all-time high of $ 394 million. U.S. exports alone grew by 37 per cent in April year-on-year, despite evolving trade dynamics under the current U.S. administration. To bolster global outreach, the ministry has expanded support for exporters through the aT (Korea Agro-Fisheries & Food Trade Corporation) Export Information Desk and initiated reciprocal tariff seminars to navigate international policy changes. Flagship initiatives such as the K-Ricebelt, which shares Korea’s high-yield rice technology with 14 African nations, further demonstrate Korea’s role as a global agri-tech leader. Sustainability and animal welfare also remain core priorities. In a historic move, Korea enacted a ban on dog meat in 2024. By early 2025, 40 per cent of dog farms had shut down, with plans to close over 60 per cent—around 938 farms—by year’s end. A full ban is targeted by 2027. “South Korea’s agricultural transition is about more than food security—it’s about climate resilience, cultural diplomacy, and ethical progress,” said Minister Song. “With innovation at the core, we are building an agricultural future that is sustainable, inclusive, and globally connected.” ]]> https://agrospectrumasia.com/news/188/3031/algeria-unveils-new-plan-to-expand-global-date-exports.html https://agrospectrumasia.com/news/188/3031/algeria-unveils-new-plan-to-expand-global-date-exports.html Mon, 16 Jun 2025 14:40:26 +0530 Algeria has set an ambitious target to boost its annual date export revenues to $250 million as part of a new national strategy to strengthen the sector. The plan aims to expand Algeria’s export footprint from the current 57 countries to 150, positioning its date industry more prominently in global markets. Key elements of the strategy include improving packaging standards, enhancing cold chain logistics, and curbing smuggling, which has long undermined formal trade. By addressing these structural challenges, the government hopes to unlock the full export potential of Algerian dates—especially the prized Deglet Nour variety—and significantly increase foreign exchange earnings from the agri-food sector. Algeria, the world’s seventh-largest date exporter by volume, is ramping up efforts to double its date export revenues through a newly launched national strategy. Dates are the country’s second-largest agricultural export after sugar, and the government now aims to increase earnings from $108.4 million in 2024 to $250 million annually while expanding its export reach from 57 to 150 countries. Trade Minister Kamel Rezig announced the creation of a special commission on June 10 to evaluate current marketing conditions and draft measures to boost global competitiveness. The move is part of a broader campaign to enhance the international profile of Algerian agricultural products, particularly the premium Deglet Nour variety. In 2024, Algeria exported nearly 67,000 tons of dates, but experts warn that structural barriers could hamper growth. Industrial analyst Abdelmadjid Khobzi pointed to substandard packaging, weak global branding, smuggling, and poor post-harvest preservation as major hurdles. Inadequate cold chain logistics also affect export quality and shelf life. The new commission, operating under the Ministry of Commerce, is expected to recommend actionable solutions to modernize the sector and support Algeria's push to solidify its standing in global date markets. ]]> https://agrospectrumasia.com/news/188/3023/thailand-agriculture-leads-in-durian-and-coconut-export.html https://agrospectrumasia.com/news/188/3023/thailand-agriculture-leads-in-durian-and-coconut-export.html Mon, 16 Jun 2025 11:30:40 +0530 Thailand remains a global leader in agricultural exports, with durian, cassava, and coconut generating strong revenues, though some products show signs of slowing. Poonpong Naiyanapakorn, Director of the Trade Policy and Strategy Office (TPSO) and spokesperson for the Ministry of Commerce, has reported that Thailand’s agricultural and agro-industrial exports in 2024 totalled US$52.19 billion (THB1.8358 trillion), marking a 5.9% increase from the previous year.  This comprises agricultural products worth US$28.83 billion (THB1.0146 trillion), up 7.5%, and agro-industrial products worth US$23.36 billion (THB821.21 billion), up 4.1%. Several Thai agricultural and agro-industrial products recorded the highest export values in the world, reinforcing Thailand’s readiness to serve as the “Kitchen of the World”. The top Thai products ranked first globally by export market share were: Cassava starch: Thailand exported cassava starch worth US$1.61 billion, an 8.86% increase year-on-year. This accounted for 57% of the global cassava starch export value of US$ 2.83 billion, even as the overall global market contracted by 2.59%. This highlights Thailand’s strength and competitiveness in this product category. Durian: Durian exports totalled US$3.82 billion, down 5.87% from the previous year. However, Thailand retained a 54.2% share of the global durian market, which was valued at US$7.04 billion and expanded by 7.27%. The divergence in trends signals that Thailand must adapt swiftly to maintain its leadership in this growing market. Fresh or dried coconuts: Exports reached US$226.2 million, a decline of 23.68% from the previous year. Thailand held a 37.2% share of the global coconut export market, which grew by 12.19% to US$607.6 million. This indicates that Thailand is losing ground and must take urgent steps to enhance competitiveness. Natural rubber: Thailand exported rubber valued at US$4.97 billion, a robust 37.26% year-on-year growth. This gave Thailand a 31.3% share of the global rubber export market, which was worth US$15.89 billion and grew by 26.13%. The figures confirm Thailand’s improving position in this sector, with export growth outpacing the global average. Canned pineapple: Thailand exported canned pineapple worth US$325.6 million in 2024, marking a 7.14% increase from the previous year. The country captured 30.8% of the global canned pineapple export market, valued at US$1.06 billion. Global exports grew by 5.86%, underscoring Thailand’s stronger-than-average performance. Processed chicken: Exports of processed chicken reached US$2.94 billion, up 8.12% from the previous year. Thailand secured a 25.6% share of the global market, which totalled US$11.46 billion. Global growth in this category stood at 6.07%, indicating Thailand’s continued competitiveness and rising demand for Thai poultry. Canned tuna: Thailand exported canned tuna worth US$2.49 billion, representing a strong 20.15% year-on-year increase. With a 25.5% share of the global canned tuna market – valued at US$9.76 billion – Thailand outperformed the global growth rate of 15.04%. ]]> https://agrospectrumasia.com/news/188/2973/vietnams-gacc-aims-to-enhance-vietnamese-agricultural-export-convenience-to-china.html https://agrospectrumasia.com/news/188/2973/vietnams-gacc-aims-to-enhance-vietnamese-agricultural-export-convenience-to-china.html Fri, 30 May 2025 09:42:06 +0530 Implement measures that will ease the import process for Vietnamese agricultural products. Vietnam’s Ministry of Agriculture and Rural Development and the General Administration of Customs of China (GACC), Minister Do Duc Duy stated: “Vietnam and China have agreed to boost customs clearance efficiency and enhance quality control at border gates. Both sides are also prepared to extend clearance hours to help ease congestion.” Sun Mai Jun confirmed that the two countries have reached a broad consensus across many areas of trade. “To support the influx of Vietnamese agricultural products during the peak harvest season, we’ve instructed border officials to increase working hours and inspection staff. These steps aim to create the best possible conditions for Vietnamese goods to enter the Chinese market,” she said. So far, the two countries have signed 28 memorandums and protocols covering the trade of agricultural, forestry, and fishery products, highlighting their strong and ongoing cooperation. A wide range of Vietnamese products is now exported to China, including 15 types of fruits and vegetables (such as watermelon, mangosteen, grass jelly, durian, fresh banana, sweet potato, chili, passion fruit, dragon fruit, rambutan, mango, lychee, longan, and jackfruit), as well as crocodiles, farmed monkeys, bird’s nests, fish meal, and various raw materials for animal feed, dairy products, and seafood. Minister Do Duc Duy welcomed the GACC’s recent decision to update and approve an additional 829 plantation area codes and 131 packing facility codes for Vietnamese durians exported to China. He noted that this reflects the effective coordination between the two sides and serves as strong encouragement for Vietnamese farmers and businesses. “We share China’s concerns regarding food safety indicators, especially Cadmium and Auramine O dye. Immediately after receiving the warning, Vietnam investigated the cause and implemented synchronous control and remedial solutions throughout the production - processing - export chain. The results have been compiled into a report and sent to the GACC to update progress and demonstrate Vietnam’s control capacity,” Minister Do Duc Duy informed. To continue to facilitate durian exports in 2025 and the following years, the Ministry of Agriculture and Environment proposes a number of specific cooperation contents: Firstly, it is recommended that the General Department promptly consider adjusting food safety control measures for Vietnamese durian in a more favorable direction. Second, facilitate quick customs clearance for durian, especially during peak harvest season. Third, the GACC is requested to continue considering and approving additional testing laboratories with sufficient capacity to analyze Cadmium and Auramine O indicators, thereby facilitating quality testing activities before export. Vietnam will strive to strengthen measures to control durian quality throughout the entire supply chain, from production to processing and export, and is ready to closely coordinate with the GACC to address any arising situations related to food quality and safety. ]]> https://agrospectrumasia.com/news/188/2957/vietnam-recalibrates-key-agricultural-trade-and-supply-chain-dynamics.html https://agrospectrumasia.com/news/188/2957/vietnam-recalibrates-key-agricultural-trade-and-supply-chain-dynamics.html Mon, 26 May 2025 10:18:29 +0530 Launched a sector-wide restructuring program, aligning agricultural, forestry, and fishery exports with market demands, traceability requirements, green economy principles, and international standards. Vietnam’s agro-forestry-fishery sector has shown steady growth in recent years, particularly in food production. In 2024, the sector reached a record export value of $62.5 billion. This highlights why the Vietnamese government is highly concerned about the future of this industry. In response to this concern, Deputy Minister of Agriculture and Environment Phung Duc Tien stressed that Vietnam has launched a sector-wide restructuring program, aligning agricultural, forestry, and fishery exports with market demands, traceability requirements, green economy principles, and international standards. “This has ensured steady growth in both output and export value,” he claimed. Preliminary figures for the first quarter of 2025 show a continued positive trend, with a 13.1% increase in agricultural exports compared to Q1 2024. Rice : Vietnam exported over 9 million tonnes of rice in 2024, generating over $5 billion in revenue. This represents an 11% increase in volume and a 24% increase in value compared to 2023. The average export price was estimated at $627 per tonne, up 10.6% year-over-year. Vietnam’s top rice export destination in 2024 is the Philippines, which represents 46.1 percent of its total rice exports. Coffee: Despite a 14% drop in export volume, Vietnam’s coffee exports reached $5.2 billion in 2024, exceeding the $5-billion mark for the first time. This achievement is attributed to rising global prices, which hit $5,720 per metric ton in October 2024. Fruits and vegetables: The sector recorded a 27% increase in exports, totaling $7.1 billion. Durian exports, including frozen durians, experienced a 50 percent year-on-year growth to $3.2 billion. Vietnamese bananas surpassed Philippine ones as the top choice for Chinese consumers. Aquatic Products: Aquatic exports experienced significant growth, generating $2.29 billion—an increase of 18.1% from the same period last year. The top markets for Vietnam’s seafood products included China (21.7%), Japan (15.6%), and the US (15.1%). Strategic shift toward market diversification Vietnam’s agricultural sector is increasingly focused on diversifying its export portfolio by tapping into new and emerging markets such as the Middle East, Africa, and Eastern Europe. This strategic pivot aims to mitigate the risks associated with overreliance on traditional markets while capitalizing on the growing demand for agricultural products in less saturated regions. Leveraging free trade agreements Vietnam’s robust network of 18 active and planned free trade agreements (FTAs) underpins its market diversification strategy. These include high-impact agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP). The FTAs serve to lower or eliminate tariffs, promote regulatory harmonization, and improve market access for Vietnamese agricultural exports. By reducing trade barriers and aligning standards, these agreements enhance Vietnam’s ability to enter and thrive in emerging economies. ]]> https://agrospectrumasia.com/news/188/2906/vietnam-uk-boost-agricultural-trade-ties.html https://agrospectrumasia.com/news/188/2906/vietnam-uk-boost-agricultural-trade-ties.html Wed, 14 May 2025 11:33:23 +0530 Facilitates agricultural cooperation and improve market access for key export products from both countries A roundtable discussion held in London on May 13 brought together government officials, industry leaders, and businesses from both Vietnam and the UK to explore the current state, demand, and growth potential of bilateral agricultural trade. Around 40 agricultural producers, processors, logisticians, and traders attended the event, along with representatives from UK agricultural associations. Vietnam's poultry industry potential, consumer preferences, import-export regulations, and strategies for distributing Vietnamese food and produce in UK supermarket chains were discussed during the meetings. Agri-food imports from the UK total $67 billion a year, making it a high-potential market. Vietnam's agri-export turnover to the UK reached nearly $883 million in 2024, up 15.4% from the previous year. A number of Vietnamese exports, such as seafood, wood products, coffee, cashews, fruits, pepper, and handicrafts, match UK import demand. In the meantime, Vietnam imports seafood, pesticides, feed ingredients, and rubber from the United Kingdom. With both markets complementing rather than competing, there is plenty of room for expansion. Agricultural cooperation and market access for key export products from both countries were also recommended by participants. Tran Thanh Nam, Deputy Minister of Agriculture and Environment, highlighted the UK's market potential and called for regular business-matching events, the establishment of supply chain-linked business clusters, and enhanced trade promotion. Both sides must ensure compliance with regulatory requirements in import-export activities, he said. Phuong Hoang, President of the Vietnamese Business Association in the UK (VBUK), noted growing interest among UK firms in reliable, high-quality, and sustainable agricultural supply chains. He highlighted Vietnam's strengths in fruit, seafood, and processed food exports, which are increasingly popular in global and British markets. Executive Director of the British Coffee Association Paul Rooke praised the quality of Vietnamese coffee, especially robusta, and said it holds strong potential in the UK’s diverse and high-demand market. He stressed the importance of understanding UK import requirements, not just in terms of quality, but also environmental standards, anti-deforestation rules, and fair trade practices. Nguyen Thi Minh Phuong, Product Development Manager at Longdan Group, one of the UK’s largest importers of Vietnamese goods, shared insights on marketing strategies, such as retaining local product names for better brand recognition. She emphasised combining digital marketing with in-store sampling to introduce Vietnamese specialty fruits to British consumers. Thai Tran, CEO of TT Meridian Ltd, a leading importer of Vietnamese fresh produce, said Vietnamese brands and products like pomelo, coconut, dragon fruit, and passion fruit are now featured in major UK supermarket chains, including Waitrose, M&S, and Tesco. He credited the UK-Vietnam Free Trade Agreement (UKVFTA) for giving Vietnamese agriculture a competitive edge but warned that this advantage could diminish as the UK signs more bilateral trade deals, such as the recent agreement with India. To maintain market share, Thai advised Vietnamese exporters to ensure consistent quality, upgrade technology, and manage costs to keep prices competitive. He also encouraged a focus on sustainability, environmental responsibility, and brand development, factors increasingly valued in the UK. Thai proposed that trade promotion agencies collaborate with major UK distributors to organise nationwide Vietnamese Product Weeks, extending from metropolitan hubs to rural areas, to enhance brand visibility and consumer familiarity. ]]> https://agrospectrumasia.com/news/188/2888/agribusiness-opportunities-in-chile-are-expected-to-grow-for-vietnamese-companies.html https://agrospectrumasia.com/news/188/2888/agribusiness-opportunities-in-chile-are-expected-to-grow-for-vietnamese-companies.html Fri, 02 May 2025 12:45:09 +0530 In 2024, two-way trade reached nearly $1.8 billion, with Vietnam’s exports, mainly seafood, coffee, rice, and cement, accounting for $1.4 billion. Vietnamese businesses looking to expand investment and trade, particularly in green and digital economic sectors, may find promising opportunities in Chile and South America, according to a trade promotion seminar in Ho Chi Minh City. HCM City's Investment and Trade Promotion Centre (ITPC) and Chile's Export Promotion Bureau (ProChile) jointly organized the event to highlight Chile's potential as a gateway to South American markets like Brazil, Argentina, and Peru. Speaking at the event, ITPC Deputy Director Ho Thi Quyen noted that amid deepening global economic integration, Vietnam, particularly HCM City, is focusing on market expansion, trade diversification, and attracting foreign investment. The Vietnam–Chile Free Trade Agreement (VCFTA), which took effect in 2014, along with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have created a favourable legal framework for bilateral cooperation, Quyen said. Quyen highlighted Chile as a transparent and stable investment destination, noting that with HCM City’s export turnover to Chile estimated at 53.3 million USD in 2024, there remains ample room for growth and broader cooperation. Meanwhile, Bui Hoang Yen, who is in charge of the Ministry of Industry and Trade's Vietnam Trade Promotion Agency's Southern Office, noted that while 40.9% of exports to Chile used VCFTA tariff preferences in 2023, the CPTPP usage remained low at just 6.3%. She called on Vietnamese businesses to improve logistics and invest in technology to overcome trade barriers. ProChile representative Pablo Arancibia encouraged Vietnamese exporters to diversify products and stabilise supply chains, noting that Vietnam’s presence in major South American markets remains limited. Chile is emerging as a strategic investment hub in South America, offering Vietnamese firms opportunities in seafood, wood processing, and clean energy. As both a trade gateway and strategic partner, it supports Vietnam's market expansion in a region with a 4 trillion-USD GDP. Regular trade promotion and market support are the key to unlocking this potential, he said. ]]> https://agrospectrumasia.com/news/188/2883/s-korea-to-builds-a-smart-farm-complex-in-saudi-arabia-to-enter-the-middle-eastern-market.html https://agrospectrumasia.com/news/188/2883/s-korea-to-builds-a-smart-farm-complex-in-saudi-arabia-to-enter-the-middle-eastern-market.html Wed, 30 Apr 2025 11:14:00 +0530 Demo Smart Farm, measuring approximately 2,000 square meters, composed of vertical farms and glass greenhouses scheduled to be completed in December 2025 The Korean Ministry of Agriculture, Food, and Rural Affairs (MAFRA) held a ceremony in Riyadh to mark the beginning of construction on the Demo Smart Farm, which will serve as a foothold for Korean smart farms in the Middle East. The ceremony was attended by H.E. Park Beomsu, Vice Minister of Agriculture, Food and Rural Affairs, the Republic of Korea and H.E. Eng. Mansour Hilal Al Mushaiti, Vice Minister of Environment, Water and Agriculture, the Kingdom of Saudi Arabia. As part of their mutual cooperation, both sides agreed to expand smart farming in order to increase food security and agreed to continue reciprocal cooperation in the field of smart farming.  The MAFRA and the Korea Agriculture Technology Promotion Agency have been carrying out the project of building a Demo Smart Farm in overseas export markets to showcase Korea’s smart-farming technologies. Construction of a Demo Smart Farm in Riyadh is the fourth project targeted at the Middle East. A Demo Smart Farm of the first project was built in the Republic of Kazakhstan in the Commonwealth of Independent States (CIS). A Demo Smart Farm of the second project was built in the Socialist Republic of Vietnam in Southeast Asia. A Demo Smart Farm of the third project was built in Australia in Oceania.  The smart farm in Riyadh will be built in the form of a multiple complex, measuring approximately 2,000 square meters, composed of vertical farms and glass greenhouses. Diverse smart-farming technologies such as cutting-edge agricultural robots, environment-controlling solutions, etc. will also be applied to the smart farm complex.  The construction of the Demo Smart Farm, scheduled to be completed in December 2025, will be located in the National Agricultural and Animal Resources Research Centre, which is expected to play a role as a hub of smart farming for Saudi Arabia. Accordingly, the smart farm complex will serve as a catalyst for a wider introduction of smart farming to enhance food security of Saudi Arabia, and act as a foothold for exporting Korean smart farms to the Middle East. Vice Minister Park Beomsu of Agriculture, Food and Rural Affairs, the Republic of Korea said: “The Middle East, including Saudi Arabia, is an important market for South Korea as the region has accounted for approximately 60% of the exports and construction orders of Korean smart farms over the past two years. With the commencement of the smart farm construction, the ministry will strengthen cooperation further with the government of Saudi Arabia to ensure that export of Korean smart farms to the Middle East can be accelerated.” ]]> https://agrospectrumasia.com/news/188/2882/china-expected-to-achieve-higher-grain-output-in-2025.html https://agrospectrumasia.com/news/188/2882/china-expected-to-achieve-higher-grain-output-in-2025.html Mon, 28 Apr 2025 13:04:13 +0530 China 2025 grain output is projected to hit 709 million tonnes China is poised to see a further increase in its grain output in 2025, building on last year's record-high of 706.5 million tonnes, while also strengthening its capacity to supply grain and other major agricultural products, reports China's Federal News outlet. A new study report indicates country's 2025 grain output is projected to hit 709 million tonnes, pushed up by the increased efforts to boost per unit crop yield on a large scale and growing enthusiasm for grain planting and production, according to the report released by the Chinese Agriculture Outlook Committee, under the Ministry of Agriculture and Rural Affairs. In 2025, soybean output is expected to grow 2.5 percent year on year to 21.17 million tonnes, the report notes. As domestic production rises and consumption growth eases, the imports of bulk agricultural products are expected to decline, according to the report. The report projects that China, in the next decade, is expected to experience a breakthrough in agricultural productivity. Improvements will be observed in comprehensive grain production capacity and the ability to mitigate and address major risks and challenges facing the sector. ]]> https://agrospectrumasia.com/news/188/2805/philippines-identifies-and-evaluates-constraints-affecting-philippine-banana-exports-to-japan.html https://agrospectrumasia.com/news/188/2805/philippines-identifies-and-evaluates-constraints-affecting-philippine-banana-exports-to-japan.html Mon, 24 Mar 2025 12:38:13 +0530 The Philippine banana industry generates over $1 billion in annual sales and provides livelihoods to over 700,000 Filipinos Philippines Agriculture Secretary Francisco P. Tiu Laurel Jr., accompanied by a high-level delegation and representatives from the Philippine banana industry, recently met with Japanese importers in Tokyo to address challenges to country’s banana exports in lucrative Japanese market. Though the Philippines still holds the largest share of the Japanese market, supplying three out of every four bananas consumed, this figure has declined from a peak of nine in every 10. The Japan Banana Importers Association (JBIA) attributes Japanese consumers’ preference for Philippine bananas to their superior freshness and taste. Bananas are a staple for Japanese consumers, who import over 1 million metric tons annually to meet demand. The forum with Japanese banana importers, which included representatives from the Pilipino Banana Growers and Exporters Association (PBGEA), focused on quality standards, tariff concerns, and ways to support the industry’s growth. “The banana industry is a lifeline for thousands of farmers and workers, especially in Mindanao, where it serves as a major economic pillar,” said Secretary Tiu Laurel. “To sustain and expand this industry, we must push for tariff reductions on our bananas. This will not only attract greater investment in banana production but also drive poverty alleviation, job creation, and security in Mindanao.” As Japan is the largest market for Philippine bananas, the fruit remains a vital export for Mindanao, generating over USD1 billion in annual sales and providing livelihoods to more than 700,000 Filipinos. A major challenge for Philippine banana exporters is the high tariff under the Japan-Philippines Economic Partnership Agreement (JPEPA), which was signed in 2006. Japan collects an 18 % tariff on bananas exported by the Philippines from April to September and a lower 8 % tariff from October to March. In contrast, Japan imposes zero or preferential tariffs on bananas imported from and Cambodia, Laos, Mexico Vietnam. Aleli Maghirang, the Philippines’ agricultural attache in Tokyo, expressed optimism about ongoing trade negotiations between the two countries, which are promising for Philippine banana exports. Secretary Tiu Laurel also assured continued support for banana growers battling   Fusarium wilt, a soil-borne fungal disease that has significantly affected production. Bananas were prominently featured at the Philippine Pavilion during FOODEX Japan 2025, where 32 Filipino companies showcased their high-quality, export-ready products, reinforcing the Philippines’ commitment to strengthening trade ties with Japan. Additionally, during the visit, Secretary Tiu Laurel met with Japan’s State Minister of Agriculture, Forestry, and Fisheries, Hirofumi Takinami, and Liberal Democratic Party Secretary-General Hiroshi Moriyama to discuss a potential review of JPEPA in light of shifting global economic conditions. Secretary Tiu Laurel commended the Philippine Embassy in Japan and the Office of the Agriculture Attaché in Tokyo for their continued efforts in promoting Philippine agricultural exports, particularly bananas. “This official trip mainly aims to address the pressing issue of declining competitiveness of our Philippine bananas in Japan, which is of utmost importance to the DA. We hope to come up with a common solution with stakeholders to address the tariff issue and negotiate mutually beneficial terms with the Japanese government under the JPEPA,” he said. ]]> https://agrospectrumasia.com/news/188/2800/thailand-aims-to-boost-its-cocoa-exports-to-the-chinese-market.html https://agrospectrumasia.com/news/188/2800/thailand-aims-to-boost-its-cocoa-exports-to-the-chinese-market.html Fri, 21 Mar 2025 12:42:02 +0530 Thailand ranked 8th, contributing 0.27% of China’s cocoa bean imports, valued at $194,396 The Thai government is exploring opportunities to expand the country’s cocoa exports to China, as rising global prices and increasing demand have prompted Chinese importers to seek new suppliers. A report from the Office of International Trade Promotion (OITP) in Xiamen indicates that China imported $1.335 billion worth of cocoa products in 2024, a 29.29% increase from the previous year. While the majority of imports came from Malaysia, Indonesia, Singapore, Italy, and Belgium, Thailand accounted for just 0.36% of China’s total cocoa imports, highlighting room for growth in this market. Although China’s cocoa bean imports declined by 20.80% in volume last year, the total value surged by 86.92% to $72.34 million due to price increases. West African nations such as Ecuador, Papua New Guinea, Togo, Guinea, and Ghana remain the primary suppliers. Thailand ranked 8th, contributing 0.27% of China’s cocoa bean imports, valued at $194,396. With global supply constraints and fluctuating prices, Thailand has an opportunity to increase its market share by offering high-quality products. Thailand’s tropical climate is well-suited to cocoa cultivation, and government programs are supporting its development as a key economic crop. Efforts are underway to improve production standards through training for farmers and community enterprises while ensuring compliance with international certifications such as Good Manufacturing Practices (GMP) and Hazard Analysis and Critical Control Points (HACCP). These measures enhance Thailand’s ability to compete with major cocoa-producing nations. To expand the country's presence on international markets, officials stressed the importance of enhancing supply chain efficiency, from cultivation to processing and marketing. ]]> https://agrospectrumasia.com/news/188/2774/south-africa-has-gained-access-to-the-philippine-market-for-fresh-table-grape-exports.html https://agrospectrumasia.com/news/188/2774/south-africa-has-gained-access-to-the-philippine-market-for-fresh-table-grape-exports.html Fri, 07 Mar 2025 11:41:13 +0530 South Africa is considered one of the top global exporters of table grapes, ranking among the top five exporters worldwide The Republic of South Africa has gained access to the Philippine market for the export of fresh table grapes, says Agriculture Minister John Steenhuisen as one of the major drivers of economic growth in South Africa (SA). The market was opened on 26 February 2025, which means that producers can begin exporting table grapes to the Philippines. Negotiations for this market started on 20 January 2015 and took about 10 years.  South Africa is considered one of the top global exporters of table grapes, ranking among the top five exporters worldwide. The table grape industry plays a major role in the SA economy by generating substantial foreign exchange earnings, creating employment opportunities, and contributing significantly to the growth of the agricultural sector. According to the South African Table Grape Industry (SATI), SA exports about 55% of table grapes to the European Union (EU) and 20% to the United Kingdom (UK). Table grapes were exported in 63 million cartons in 2022/23, and about 86,870 seasonal workers and 14,843 permanent workers were employed in the industry. By opening this new market, the department will be able to advance its empowerment plan with respect to the participation of Black farmers in export markets.  “Expanding agricultural markets can lead to increased production and exports, boosting the sector’s contribution to our country’s Gross Domestic Product,” says Minister Steenhuisen. According to Statistics South Africa, our economy grew by 0.6% in the fourth quarter of 2024, with livestock, some field crops, and fruits among the sectors that primarily contributed to this growth. Fresh table grapes imported from South Africa to the Philippines must satisfy all phytosanitary and food safety requirements as outlined in the final phytosanitary import conditions for fresh table grapes imported from South Africa to the Philippines. The Department of Agriculture, Land Reform and Rural Development (DALRRD) allocates production unit codes (PUC) and packhouse codes (PHCs) to exporters, production units, and packhouses interested in this lucrative market. To ensure that the Philippines' quarantine pests of fresh table grapes are eliminated during the production period, farmers of registered production units must implement good agricultural practices (GAPs), including orchard sanitation, integrated pest management (IPM), or adequate control measures. The farmers of fresh table grapes exported from South Africa to the Philippines should comply with phytosanitary import requirements in order to safeguard their market, since it took ten years to negotiate and gain access to the market.  ]]> https://agrospectrumasia.com/news/188/2714/basf-to-launch-a-novel-rice-insecticide-in-asia-pacific-markets.html https://agrospectrumasia.com/news/188/2714/basf-to-launch-a-novel-rice-insecticide-in-asia-pacific-markets.html Fri, 07 Feb 2025 12:36:43 +0530 Market introduction of Prexio-based products expected in second quarter of 2025 BASF has started the registration for Prexio® Active, a new insecticide active ingredient designed specifically to manage all four rice hopper species. The regulatory dossiers were recently submitted in key Asia Pacific markets. This step marks an important milestone in further expanding BASF’s global insecticide portfolio and the company’s position in providing sustainable innovations to rice farmers in Asia. “Rice growers in Asia are looking for advanced solutions that provide both powerful and sustainable control of damaging rice hoppers, amidst growing insecticide resistance and an increasing global demand for rice,” said Harold Bastiaans, Vice President Global Insecticide Research and Seed Solutions at BASF AgriculturalSolutions. “With Prexio we continue to demonstrate our ongoing commitment to provide growers with cutting-edge innovations to safeguard their crops while at the same time being highly compatible with beneficials and the environment when applied according to label instructions.” The new insecticide active ingredient has no known cross-resistance to market standards and is classified as a Group 4E insecticide by the Insecticide Resistance Action Committee (IRAC). Prexio provides outstanding efficacy and long residual control against all damaging life stages of the four rice hopper species, including brown planthoppers, white-backed planthoppers, small brown planthoppers, and ricegreen leafhoppers. Prexio Active quickly halts feeding and prevents the rice hopper’s ability to develop and reproduce, restricting its ability to damage the rice crop. Studies conducted have demonstrated that Prexio Active also fortifies rice plants with superior plant health benefits. Prexio-treated rice plots show a stronger stem, a denser canopy, enhanced root mass and broader flag leaves resulting in a more protected plant with potential to deliver higher yield for rice growers. “Prexio Active marks the first BASF insecticide active ingredient developed specifically for the rice crop system. It offers growers a tool that is easy to use and flexible in supporting their various rice farming practices, such as granular application for traditional nursery box farming or foliar application for transplanted and direct seeded rice,” said Stephanie Jensen, Vice President Crop System Rice and Portfolio Solutions Insecticides and Seed Treatment at BASF Agricultural Solutions. “With its broad application window, Prexio allows growers to choose the application timing that works best for their operations.” Pending regulatory approvals, BASF expects first market introductions of Prexio-based product formulations as early as the second quarter of 2025 in India for the important Kharif season. The company anticipates further introductions to quickly follow in other Asia Pacific key countries, including China, Japan, Indonesia and Vietnam. ]]> https://agrospectrumasia.com/news/188/2684/korea-bolsters-its-exports-of-smart-farms-to-the-middle-east.html https://agrospectrumasia.com/news/188/2684/korea-bolsters-its-exports-of-smart-farms-to-the-middle-east.html Wed, 22 Jan 2025 11:46:08 +0530 In 2024, Korea has received 18 smart-farm construction orders from 12 countries, up from 11 in 2023 Korea's Ministry of Agriculture, Food and Rural Affairs (MAFRA) held a meeting with smart-farm export companies, related government agencies, and business associations, with regard to the current status of the exports of Korean smart farms to the Middle East and the construction orders from the region, as well as an export plan for the year 2025.  The construction orders of smart farms from overseas countries, including the Middle East, increased by 60% in 2024 from the previous year, and the countries of placing such orders were more diversified from the previous year.  Reaching a final contract on the export and construction of smart farms requires discussions between contractual parties about multiple issues, such as procurement of equipment and operation of a smart farm, over a long course of time. If such prolonged signing of the contracts valued at $166 million is finalized, then the outcomes of exports and construction orders of smart farms for the year 2025 are forecast to exceed those of 2024. Accordingly, the MAFRA listened to the voices of smart-farm export companies about their challenges and discussed the ways to support them with related government agencies and business associations to ensure that such prolonged contract signing can be finalized at the earliest possible time.  Meanwhile, Korea Association of Smart-Farm Industry (KASFI) and the Korea-Saudi Arabia Industrial and Trade Association (KOSAA) singed a Memorandum of Understanding (MoU) on support for K-smart farms’ entry into the Middle East. Director-General KIM Jung Wook of the MAFRA’s Agri-food Innovation Policy Bureau said: “The government and companies worked together as a one team. As a result, K-smart farms were exported to the Middle East, and Korean companies were able to receive multiple construction orders from the region. And K-smart farms have strengthened their presence in the regional market.” Director-General Kim added: “The MAFRA will cooperate more actively with the industry to ensure that Korean smart-farm companies can expand their share in the Middle Eastern market. We will also provide an all-out support for the industry to ensure that the prolonged signing of smart-farm contracts can lead to real outcomes.”  ]]> https://agrospectrumasia.com/news/188/2582/philippine-fresh-avocados-gain-access-to-japan-market-first-shipment-sent-from-mindanao.html https://agrospectrumasia.com/news/188/2582/philippine-fresh-avocados-gain-access-to-japan-market-first-shipment-sent-from-mindanao.html Mon, 18 Nov 2024 11:36:16 +0530 Japan is a major importer of Hass avocados, with imports valued at $160 million (61,000 metric tons) in 2023  with Mexico, Peru, Australia, New Zealand, and the United States as key suppliers The Philippines has successfully expanded its access to Japan’s lucrative food market with the approval to export Hass avocados, a significant milestone in the country’s agricultural export growth and highlights the quality of local produce. “This is a testament to the Philippines’ dedication to expanding its agricultural exports and the high quality of our farm produce. We are optimistic that this access granted by Japan will lead to opportunities in other international markets for locally-grown Hass avocados” said Agriculture Secretary Francisco P. Tiu Laurel, Jr. He furthur commended the collaborative efforts of the Bureau of Plant Industry (BPI), the Office of the Agriculture Attaché in Tokyo, and Dole Stanfilco in achieving this international trade milestone. BPI Director Glenn Panganiban emphasized that the inclusion of Hass avocados in the Philippine export portfolio to Japan, which already includes bananas and pineapples, is the culmination of over a decade of effort, with initial access requests dating back to 2011.  “Securing access to Japan’s highly competitive market for Hass avocados is a significant step forward in our trade relations with Japan,” he said. This development comes at a time when the Philippines’ agricultural exports to Japan are experiencing an upward trend. In 2023, the Philippines exported $1.1 billion worth of agri-fisheries products to Japan, generating a trade surplus of $990 million. The addition of Hass avocados further solidifies the Philippines’ position as a key supplier of high-quality fruits to Japan, a market renowned for its discerning consumers. The Hass variety, favored for its smaller size and pebbly skin that turns purplish-black when ripe, is particularly well-suited to Japanese preferences. Japan is a major importer of Hass avocados, with imports valued at $160 million (61,000 metric tons) in 2023.  Key suppliers include Mexico, Peru, Australia, New Zealand, and the United States. The global market for Hass avocados is projected to reach USD 18 billion by next year. “We are proud to announce that the Philippines is the first country in Asia to export Hass avocados to Japan. This provides local producers with an excellent opportunity to capitalize on Japan’s growing demand for fresh fruits” said Tokyo-based Agriculture Attaché Aleli Maghirang.  Gaining entry into Japan’s discerning market is anticipated to pave the way for Philippine-grown Hass avocados to access other international markets.  The successful entry of Hass avocados underscores the potential for further expansion of Philippine agricultural product exports. With increasing demand for Philippine fruits in Japan and globally, the Philippines is well-positioned to strengthen its presence in the Japanese market and expand its agricultural exports throughout Asia and beyond. ]]> https://agrospectrumasia.com/news/188/2296/vietnam-reports-seafood-export-revenue-of-4-4-b-as-of-june-2024.html https://agrospectrumasia.com/news/188/2296/vietnam-reports-seafood-export-revenue-of-4-4-b-as-of-june-2024.html Thu, 22 Aug 2024 10:22:00 +0530 Vietnam's two largest seafood export markets, the US and China Vietnam Association of Seafood Exporters and Producers (VASEP) reportes, the June export turnover topped $875 million, up 14% and the highest monthly figure so far this year. Exports of aquatic products grew nearly 7% in the first half of this year. During the reviewed period, shrimp exports fetched more than $1.6 billion, including $1.2 billion from white-legged shrimp shipments. Meanwhile, lobster exports reached $130 million or 57 times the figure in the same period last year, with China being the largest importer. Tra fish (pangasius) brought home $922 million in Jan-June, up nearly 6% year-on-year. Vietnam's two largest seafood export markets, the US and China, recorded high growth rates in June with 14% and 18%, respectively. VASEP said the country's seafood exports in the second half of 2024 is expected to increase by 15% to over $5.5 billion, bringing the yearly figure to nearly $10 billion, up 12% from 2023. ]]> https://agrospectrumasia.com/news/188/2390/vietnams-wood-and-forestry-sector-reports-export-revenue-9-36-b-in-q2-2024.html https://agrospectrumasia.com/news/188/2390/vietnams-wood-and-forestry-sector-reports-export-revenue-9-36-b-in-q2-2024.html Mon, 19 Aug 2024 11:31:05 +0530 Over 54% of Vietnam's wood export value comes from the US market, alongside major export partners such as Korea and Japan, but recent amendments in trade policies are creating challenging situations Tran Quang Bao, director of the Ministry of Agriculture and Rural Development’s Department of Forestry, reported that Vietnam's wood and forestry sector achieved a positive outcome between January and July, with export revenue reaching $9.36 billion, accounting for 61.5% of the yearly target. Notably, the value of wood chip and woodwork product exports surged nearly 38% and over 20% compared to the same period last year. However, the export goal of $15.2 billion for the year remains challenging due to global economic fluctuations and escalating political conflicts, he said. Additionally, rising shipping costs and delayed tax refunds are adding pressure to the industry. Do Xuan Lap, chairman of the Vietnam Timber & Forest Products Association (VIFORES), gave insights into difficulties facing the sector in its major markets. The US, which represents over 54% of Vietnam's wood export value, has experienced several changes in trade policies. Vietnamese exporters are having to cope with multiple anti-dumping lawsuits, with the US initiating three cases related to the wood industry. Furthermore, it has yet to recognise Vietnam as a market economy, leading to continued discrimination in anti-dumping investigations, thereby adversely impacting costs and profit margins. Concerning the European Union (EU) market, the new EU Deforestation Regulation (EUDR) is expected to take effect in December this year, posing significant challenges for exporters who must comply with strict regulations on product origin and environmental factors. Similarly, Northeast Asian markets, including the Republic of Korea (RoK) and Japan, have introduced new measures that increase costs and risks for Vietnamese exporters. The RoK has decided to continue imposing anti-dumping duties on Vietnamese plywood, while Japan is implementing a carbon credit trading system that requires strict compliance with emission regulations for wood products. To weather these challenges, Lap suggested the industry focus on enhancing competitiveness through the five main pillars of technical skills, production technology, emission reduction, management, and trade promotion and internal monitoring standards. Trieu Van Luc, deputy director of the Department of Forestry, outlined key tasks and solutions for the remainder of 2024. These include refining and effectively implementing existing policies, as well as spurring various economic sectors into engagement in the development of plantations, wood processing, and forestry. Additionally, increasing promotional activities such as trade fairs and investment promotions to showcase products and expand market opportunities is crucial. The official also stressed the importance of combating trade frauds by several exporters. He said the replication of successful partnerships between wood processors and plantation households not only ensures the legality of wood sources but also adds value, reduces production costs, and enhances the competitiveness of the sector. Vietnam's wood industry has firmly established itself on the international market, with an annual export value exceeding $10 billion. This positions Vietnam as the fifth-largest exporter of wood and wooden products in the world, second in Asia, and first in Southeast Asia. ]]> https://agrospectrumasia.com/news/188/2389/chili-exports-to-taiwanese-market-skyrocket-by-640-in-seven-months.html https://agrospectrumasia.com/news/188/2389/chili-exports-to-taiwanese-market-skyrocket-by-640-in-seven-months.html Mon, 19 Aug 2024 11:25:30 +0530 Vietnam Pepper Association (VPA) reported an exported quantity of 8,023 tonnes of chill, representing an increase of 3.5% on-year Vietnam exported 37 tonnes of chilli to Taiwan (China) in the first seven months of this year, a year-on-year growth of 640 %. According to the Vietnam Pepper Association (VPA), the total chilli export volume of the whole country reached 8,023 tonnes in the past seven months, an increase of 3.5 % over the same period last year. China retained its top position as Vietnam’s largest chili export market in the reviewed period with 6,834 tonnes, accounting for 85.2% of the total export output and enduring a fall of 1.9% on-year. Laos ranked second with 810 tonnes, up 44.6% on-year, followed by the United States with 134 tonnes, up 157.7% against the same period from last year. Vietnam Pepper Association (VPA) pointed out that the impressive growth can largely be attributed to the fact that China has permitted the Vietnamese side to officially export chili to this market since March, 2022. Currently, chili exports are facing a number of challenges as the EU has moved to tighten food and safety hygiene over Vietnamese agricultural products, including chili, dragon fruit, and okra. Local enterprises are advised to improve management over product quality as they seek to export agricultural products to the EU market in a stable manner moving forward. Statistics indicate that from January to July 2024, the country exported 8,023 tonnes of chill, representing an increase of 3.5% on-year. Indeed, the Asian market continued to play a leading role with 7,727 tonnes, up 2.1% on-year; trailed by the American market with 143 tonnes, up 123.4%; the European market with 80 tonnes; and Africa with 73 tonnes. The chilli exports reached $20 million in 2023, equivalent to 10,173 tonnes, up 107% over 2022. ]]> https://agrospectrumasia.com/news/188/2385/vietnam-continues-to-grows-as-the-eighth-largest-global-tea-exporter.html https://agrospectrumasia.com/news/188/2385/vietnam-continues-to-grows-as-the-eighth-largest-global-tea-exporter.html Fri, 16 Aug 2024 11:05:38 +0530 Tea export price averaged $1,272.7 per tonnes, up by 1.6% Vietnam exported 16,000 tonnes of tea in July, worth $29 million, up 14.5% and 6.8% over a month earlier, according to the Import - Export Department of the Ministry of Industry and Trade. Tea export products of Vietnam include green tea, black tea and oolong tea. The proportion of Vietnamese tea imported into major markets remains modest, so Vietnam has significant potential to increase its volumes even though it was among the world's largest tea exporters. Specifically, Vietnam’s tea export to the EU, the world’s largest tea importer, accounted for just 0.19% of the bloc’s total tea imports of $401 million in the first four months of this year, according to statistics from Eurostat. However, the EU is raising higher requirements for tea quality, towards greener and leaner production, pushing exporters to update themselves on the new regulations. Pakistan is also the second largest tea importer in the world, but the tea export of Vietnam into this market remained modest due to the lack of market information. The demands for tea of other major tea import markets such as the US and the UK are increasing, providing significant opportunities for Vietnam to expand. A study by Research and Markets showed that the global tea market is expected to reach $37.5 billion in 2025, up from $24.3 billion in 2016. ]]> https://agrospectrumasia.com/news/188/2377/vietnamese-fresh-pomelo-secures-official-import-license-into-south-korea.html https://agrospectrumasia.com/news/188/2377/vietnamese-fresh-pomelo-secures-official-import-license-into-south-korea.html Wed, 14 Aug 2024 11:15:03 +0530 This approval helps affirm the quality and reputation of Vietnamese farm produce in the global market. The Animal and Plant Quarantine Agency (APQA) of the Republic of Korea (RoK) has officially announced regulations for importing fresh pomelos from Vietnam on its website, according to the Plant Protection Department (PPD) under the Ministry of Agriculture and Rural Development (MARD). Thus, pomelo is the third fresh fruit from Vietnam permitted for export to the RoK, along with dragon fruit and mango, marking a significant milestone and opening up great opportunities for Vietnamese agricultural products to access international markets. The department said in 2018 it initiated a programme to promote the export of pomelos to the RoK. Following active coordination and information exchange to facilitate the pest risk analysis process, and going through multiple rounds of negotiations, the PPD and the APQA reached a technical agreement in a bilateral meeting in April 2024. According to the PPD, to meet standards for exporting pomelo to the RoK, the growing areas must register annually with the department. The agency will manage and supervise these areas to ensure that the pest species of concern to the RoK are kept at low density levels through pest monitoring and control activities. Packaging facilities that sort and pack fresh pomelos for export to the RoK must also register annually with the department and undergo regular cleaning and inspections. The list of registered pomelo growing regions, export packing facilities, and vapour heat treatment facilities must be submitted to the APQA before the annual export of fresh pomelos begins. ]]> https://agrospectrumasia.com/news/188/2295/australia-reports-surge-in-wine-export-to-china-valued-at-142-2-m-in-may.html https://agrospectrumasia.com/news/188/2295/australia-reports-surge-in-wine-export-to-china-valued-at-142-2-m-in-may.html Mon, 15 Jul 2024 11:15:59 +0530 South Australia exported nearly 7.4 million litres worth $125 million worth of wine, representing the majority of exports The Australian government reports that it exported to China more than 9.8 million litres of bottled wine valued at $142.2 million during May 2024. The majority of that total was exported from South Australia which sent nearly 7.4 million litres worth $125 million. Consequently, wine exports to China have returned to levels not seen since the trade peaked in 2019. On 29 March 2024 duties on the bottled wine trade to China were removed, making world-class Australian wine available again to the huge Chinese market. The removal of duties has led the industry to achieve the fourth highest monthly figure for bottled wine exports to China since 2019. The latest figures are almost $50 million higher than the average monthly export value in 2019, prior to COVID. The total value of wine exports to China in the two months since trade resumed is $228 million – which is almost 4 times the value of wine exports to China in 2021, 2022 and 2023 combined. Minister for Agriculture, Fisheries and Forestry Murray Watt said “May has been incredibly successful for Australian wine exporters”. ]]> https://agrospectrumasia.com/news/188/2287/cra-international-announces-launch-of-new-nfx-trading-platform-for-natural-fibre-exchange-international.html https://agrospectrumasia.com/news/188/2287/cra-international-announces-launch-of-new-nfx-trading-platform-for-natural-fibre-exchange-international.html Fri, 12 Jul 2024 09:20:46 +0530 The platform now facilitates the international selling and buying of wool CRA International, Inc. , doing business as Charles River Associates (CRA), a worldwide leader in providing economic, financial, and management consulting services, has launched newly enhanced and expanded trading platform for the Natural Fibre Exchange (NFX). To date, the NFX platform has been used for domestic sales of wool. The platform now facilitates the international selling and buying of wool. NFX is planning a direct global marketing campaign for later in the year to attract more international sellers and buyers. “We are proud to be working with the Natural Fibre Exchange, industry leaders in wool and other natural fibers, and since 2018 have been providing an efficient online platform that benefits both sellers and buyers,” said Brad Miller, CRA Vice President and Auctions & Competitive Bidding Practice Leader. “Similar to CRA’s other trading platforms for agricultural products, including Global Dairy Trade, our NFX auction platform is a trusted selling and buying marketplace that discovers credible prices and reliable information in the industry" adds CRA Vice President. CRA operates bi-weekly NFX trading events, having completed more than 150 through June 2024. All products in a trading event are on offer simultaneously over multiple rounds of bidding, continuing until there is a round with no new bids. The Natural Fibre Exchange (NFX) is an online trading platform designed to provide trusted, transparent, and credible reference prices for wool and other natural fibre products. Launched in 2018, the NFX platform was initiated by Wools of New Zealand and CRA International as an open, multi-seller trading platform. Through the NFX platform, sellers gain access to a pool of buyers, and buyers gain access to a single shop-front where they can compare products and pricing of participating sellers. As a result, buyers and sellers can be confident they are transacting at independently established market-based prices. By establishing credible market-based prices, the platform provides industry participants with reference price information that improves the efficiency of the natural fibre marketplace. ]]> https://agrospectrumasia.com/news/188/2285/korea-reports-a-leap-in-agri-food-products-export-by-7-6-accounting-to-3-96-b-in-may-2024.html https://agrospectrumasia.com/news/188/2285/korea-reports-a-leap-in-agri-food-products-export-by-7-6-accounting-to-3-96-b-in-may-2024.html Wed, 10 Jul 2024 11:14:10 +0530 Exports of Korean agri-food products increased to the U.S., the ASEAN region and the Europe. The Ministry of Agriculture, Food and Rural Affairs (MAFRA) announced that the cumulative value of exports of Korean agri-food products at the end of May this year reached $3.96 billion (tentative figures), up by 7.6% from a year earlier. This marks a continued upward trend in year-on-year export growth over the past three months. By export items, instant noodles, biscuits and confectionery, beverages, processed rice-based products, kimchi and other major export items continued to lead the growth trend. Instant noodles were the most exported item, worth $486.2 million, at the end of May for this year. For last year, tobacco products were the most exported item, but instant noodles have risen to the top of the list thanks to a dramatic increase in their exports this year. The value of exports of instant noodles recorded in May alone surpassed a hundred million dollars to reach $107.3 million. In particular, exports of instant noodles to China— the largest importer of Korean instant noodles—increased by 27.7% from a year earlier, as South Korean exporting companies expanded their online sales channels in China. Exports of Korean instant noodles to other countries were on the rise, too, with exports to the U.S., the ASEAN region, and Europe up by 71.4%, 24.8%, and 49.5%, respectively. Exports of South Korean biscuits and confectionery reached $291.5 million, up by 12.6% from a year earlier, as South Korean bakery chains expanded their overseas sales outlets in the US and the exports of baking ingredients (doughs) to Japan recovered. In particular, exports to the U.S. increased by 38.3% as Korean biscuits and confectionery made their way to shelves at more stores in the U.S., ranging from mainstream retail chains (such as Costco) to discount store chains. All in all, exports of Korean agri-food products increased to the U.S., the ASEAN region and the Europe. Importantly, exports to China turned around from a downward trend to an upward one in year-on-year growth, with an 2.9% increase from a year earlier, thanks to the picking-up of consumer spending in the country. In the U.S. and Europe, meanwhile, solid consumer spending underpinned the export growth of 17.8% and 32.2%, respectively. To the contrary, exports to Japan went down by 5.8% due to a continued depreciation of the Japanese yen, high inflation, and a decline in real wages. Deputy Minister Kwon Jae-han of the Agricultural Innovation Policy Office of the Ministry said: “Thanks to the efforts of Korean exporting companies to produce various kinds of products to suit local preferences and diversify export markets, exports of Korean agri-food products have been showing a steady growth. To help achieve a record export growth this year, we will make the utmost effort to provide close support for Korean exporters. And at the same time, we will do our best to help them expand their business in the current and new overseas markets by resolving their difficulties through inter-ministerial cooperation.” ]]> https://agrospectrumasia.com/news/188/2270/vietnams-aquatic-product-exports-anticipates-to-accomplish-4-36-billion-trade-before-q3-2024.html https://agrospectrumasia.com/news/188/2270/vietnams-aquatic-product-exports-anticipates-to-accomplish-4-36-billion-trade-before-q3-2024.html Mon, 08 Jul 2024 11:12:28 +0530 According to VASEP, a slight increase in export turnover in the first half by 4.9% year-on-year.is a positive sign for this industry The turnover of Vietnam’s aquatic product exports reached $4.36 billion in the first half of this year, up 4.9% year-on-year.Among the top five importers, the US recorded the strongest growth, followed by China, the EU, and the Republic of Korea. As for product types, the group of crabs and crustaceans saw the strongest growth. The enterprises are advised to diversify export markets to avoid dependence on certain ones, and at the same time develop the domestic market.According to VASEP, a slight increase in export turnover in the first half is a positive sign for this industry. However, the shrimp sector, which brought about $1.3 billion in export revenue in the first five months, continues to face many challenges as the world economic situation shows no signs of recovery, and inflation remains high.Tran Van Minh, Director of Nha Trang Seafoods F89 Joint Stock Company in the Meking Delta province of Bac Lieu, said that his company, faced by difficulties and challenges caused by the world economic downturn and tensions between Russia and Ukraine, has promptly adjusted its production and business strategies to improve shrimp export efficiency to the US and EU markets. In addition, it is studying to expand its market to other countries, especially the Asian and Latin American markets.In particular, the company is focusing on improving raw materials, and increasing production capacity to create quality export products with high competitiveness, so as to ensure that they meet strict standards of the US and EU markets.To achieve that, the firm is promoting cooperation with farmers and cooperatives through signing contracts, and help farmers with techniques, breed selection, feed, veterinary medicine, and disease control. ]]> https://agrospectrumasia.com/news/188/2259/vietnam-exports-red-and-yellow-fleshed-dragon-fruit-to-saudi-arabia.html https://agrospectrumasia.com/news/188/2259/vietnam-exports-red-and-yellow-fleshed-dragon-fruit-to-saudi-arabia.html Mon, 01 Jul 2024 10:10:00 +0530 Vietnam exported goods worth $615.3 million to Saudi Arabia until May 2024 Recent statistics unveiled by the General Department of Vietnam Customs show Vietnam exported goods worth $615.3 million to Saudi Arabia in the first five months of this year, representing an increase of 48.5% year on year. Meanwhile, Vietnamese Ambassador to Saudi Arabia Dang Xuan Dung stressed that several advantageous Vietnamese export products such as agricultural products, seafood, and canned drinks have secured a firm foothold in the Saudi Arabian market. Sunil Kumar, CEO of Spinneys, the supermarket chain active in the United Arab Emirates, Egypt, Qatar, Lebanon, Oman and Pakistan, and Afghanistan also graced the occasion. The diplomats expressed their hope that Spinneys would move to increase the import of Vietnamese products, and the Embassy would actively assist Spinneys in connecting with Vietnamese exporters to ramp up further cooperation. Sunil Kumar, CEO of Spinneys, revealed that the company aims to open three more retail stores this year in Riyadh and Jeddah, as well as at least four new stores each year in Saudi Arabia over the next five to 10 years. He added that the firm also plans to open a purchasing representative office in Vietnam, expecting to enable more Vietnamese goods to make inroads into this market in the near future. Major export items include rice, seafood, cashew nuts, pepper, wood, furniture, beverages, textiles, footwear, machinery, automobile parts, electronic components, computers, and phones. Vietnam imported goods worth $549.7 million from Saudi Arabia, down 16.1%, including plastic materials, chemicals, and petroleum. Total two-way trade turnover in the reviewed period surged by 9.2% year on year to reach $1.16 billion. ]]> https://agrospectrumasia.com/news/188/2252/vietnams-rubber-imports-rank-second-in-india-in-2024.html https://agrospectrumasia.com/news/188/2252/vietnams-rubber-imports-rank-second-in-india-in-2024.html Fri, 28 Jun 2024 10:09:00 +0530 Vietnam export 47,230 tonnes of rubber to India for $75.79 million Natural rubber from the Vietnamese market is the primary product exported to India. Particularly, the SVR 10 accounted for the largest portion of the total exported rubber at 61.81%, followed by SVR 3L and RSS3 at 24.85% and 5.29%, respectively. Vietnam Trade promotion Center states that the country exported 47,230 tonnes of rubber to India for $75.79 million, up 42.8% in volume and 63.5% in value compared to the same period in 2023. Businesses shipped 9,470 tonnes of rubber to the South Asian country in May, earning US$15.83 million, an increase of 7.2% in volume and 6.8% in value. The average export price of various types of rubber to India in the first five months of the year mostly increased compared to the same period from 2023. Of which, latex witnessed the strongest rise with 28.3%, followed by SVR 10 at 13.9%, RSS3 at 13.4%, SVR 3L at 10.6%, and SVR CV60 at 9.4%. ]]> https://agrospectrumasia.com/news/188/2197/australia-honey-and-edible-apiculture-products-gains-access-to-vietnam-market.html https://agrospectrumasia.com/news/188/2197/australia-honey-and-edible-apiculture-products-gains-access-to-vietnam-market.html Fri, 07 Jun 2024 11:28:54 +0530 Exports to Vietnam will further contribute to $14 billion per year in Australia’s honey industry Australia’s honey industry is set to flourish with new market access for the export of honey and edible apiculture products to Vietnam. Minister for Agriculture, Fisheries and Forestry, Murray Watt welcomed this outcome in a meeting with Vietnam’s Minister Le Minh Hoan, held in the margins of the ASEAN-Australia Special Summit. “Australia’s honey industry is a huge contributor to the Australian economy - exports to Vietnam will further contribute to this $14 billion per year industry. “Since I met with Minister Le Minh Hoan, trade has commenced, with 10 shipments landing in Vietnam – an unbeelievable outcome for our honey industry” Minister Watt said. “Rising incomes and a growing food manufacturing sector are expected to drive strong growth in consumption of agricultural products in Vietnam over the next decade and our world-renowned honey and apiculture products will now enjoy a seat at the table” added Minister Watt. Minister for Trade and Tourism Don Farrell outlined the Albanese Government’s support for Australian exporters through the $19m Southeast Asia Business Exchange. The government is also in the process of finalising upgrades to Australia’s free trade agreement in Southeast Asia.     “Since the release of our Southeast Asia Economic Strategy to 2040, we have seen a hive of business activity in Vietnam and right across the region,” Minister Farrell said. “Effective cooperation between Australia and Vietnam has continued to grow our mutually beneficial agricultural trade relationship, delivering strong results for both country’s producers and exporters. In 2023, two-way trade in agriculture, fisheries and forestry commodities between Australia and Vietnam exceeded $6 billion. In addition, we’re working with our Vietnamese counterparts to improve biosecurity across aquaculture and plant health as well as cooperation and capacity building across a number of key sectors for Vietnam like rice" Minister Watt added. ]]> https://agrospectrumasia.com/news/188/2198/foodcareplus-and-intercont-forge-strategic-partnership-to-enhance-indian-food-trade-logistics.html https://agrospectrumasia.com/news/188/2198/foodcareplus-and-intercont-forge-strategic-partnership-to-enhance-indian-food-trade-logistics.html Fri, 07 Jun 2024 08:33:00 +0530 Aims to enhance access to Indian goods to global markets by leveraging extensive cold chain network Foodcareplus announce a strategic partnership with Intercont+ from India, aiming to enhance supply chain solutions for importing and exporting food products between India and global markets by leveraging our extensive cold chain network and a Mumbai-located container facility managed by Intercont+. Maintaining cold chain integrity from loading to unloading is crucial to prevent quality loss and extend shelf life. Foodcareplus and Intercont+ are leveraging expertise in temperature-controlled logistics, to ensure optimal cold chain management, guaranteeing perishable goods reach their destination in excellent condition. Advanced monitoring tools used internally enable real-time shipment tracking, better planning, timely deliveries, and increased customer satisfaction. India is one of the largest producers and exporters of agricultural products. Our partnership will facilitate the export of meat, dairy, and fresh produce to international customers while also addressing India’s growing demand for sustainable import solutions for fresh fruit, chocolate confectionery, and specialty foods. At Foodcareplus, we offer tailor-made shipping and logistics solutions for these product groups worldwide, seamlessly integrating with Intercont+’s logistics system in India. A common challenge in international trade is the need for more trust between traders and suppliers, leading to hesitation and uncertainties about product availability, quality, and reliable transport services. Our partnership addresses these issues by providing a reliable network and acting as an independent third-party logistics provider. Specifically, for international companies sourcing agricultural products from India, We felicitate efficient container availability near food hubs, which is essential given India’s vast and complex domestic transport network. The partnership enhances market positions and profitability for importers and exporters. By controlling substantial transport volumes, the collaboration expected to achieve economies of scale and lower transport costs while assisting customers in navigating customs regulations. ]]> https://agrospectrumasia.com/news/188/2187/australias-nsw-to-modernize-rice-sector-exporting-to-strengthen-viability-in-rice-industry.html https://agrospectrumasia.com/news/188/2187/australias-nsw-to-modernize-rice-sector-exporting-to-strengthen-viability-in-rice-industry.html Wed, 05 Jun 2024 11:22:03 +0530 Government to introduce a Bill to State Parliament to end statutory rice export marketing (‘vesting’) arrangements by 1 July 2025, heralding a new era of greater opportunity and innovation for the rice industry Australia's NSW legislation is set to introduce a Parliament Bill in June, to enhance the long-term viability of the state’s rice industry, which had an estimated farm gate value of $219 million in 2022-23. Government aims to ensure regulations do not hinder agriculture industry growth. The NSW Government while drafting the Bill to modernise the state’s rice marketing arrangements received requests from rice growers from across NSW to end statutory rice export marketing (‘vesting’) arrangements as soon as practical. Under the Government’s Bill, vesting for the southern growing region will end 1 July 2025, with the Rice Marketing Board to be wound up by 1 July 2026.  The NSW Government’s already announced position to exclude the northern rivers growing region from current vesting arrangements from 1 September 2024 will be retained. The decision to deregulate the industry in 2025 has been made following engagement from rice grower stakeholders representing the NSW rice industry and comes at a time when rice growers are well-placed to take advantage of the new marketing opportunities. The decision to remove rice vesting also aligns with the recommendations in the recently published Australian Bureau of Agricultural and Resources Economics and Sciences ‘Independent Report into Rice Vesting’. Under the future arrangements, growers will be afforded greater choice and flexibility to pursue a range of markets, including export markets. It will also benefit the long-term sustainability of the industry in the face of lower water availability and a more variable climate. An expert Rice Transition Group which will be led by the NSW Department of Primary Industries and will focus on: R&D opportunities to support alternate supply chains Ensuring seed supply is maintained for all rice growers Unwinding the affairs of the Rice Marketing Board once vesting ends Investigating regional development opportunities. This change to rice marketing arrangements reflects similar deregulation that has occurred over the past decades to other agricultural commodities including wheat, barley and dairy. NSW Minister for Agriculture Tara Moriarty said, “The NSW Government while drafting a Bill to modernise the state’s rice marketing arrangements received requests from rice growers in southern NSW to end statutory rice export marketing, the ‘vesting’ arrangements, sooner rather than later. Discussions with rice growers across the state demonstrated to the Government there was agreement that a transition in rice export marketing be brought forward to 1 July 2025. The NSW Government will support industry as it navigates and manages the transition and acknowledges the contributions made by the rice industry during this process.” NSW Minister for Industry and Trade Anoulack Chanthivong said, "This decision opens the door to more export opportunities for NSW rice growers and that means businesses that are more productive, create more jobs and pay higher wages. The value of goods and services exported from NSW topped $150 billion last year, and we want to work across the economy to do even more.” ]]> https://agrospectrumasia.com/news/188/2184/usda-encourages-u-s-exporters-to-capitalize-on-trade-mission-in-vietnam.html https://agrospectrumasia.com/news/188/2184/usda-encourages-u-s-exporters-to-capitalize-on-trade-mission-in-vietnam.html Wed, 05 Jun 2024 10:53:20 +0530 Trade Mission happening in Vietnam, Ho Chi Minh City and ends in Hanoi, Sept. 9-13, 2024 The U.S. Department of Agriculture’s Foreign Agricultural Service is accepting applications from current and potential U.S. exporters for a trade mission to Vietnam, Sept. 9-13, 2024. Participants will attend events in Ho Chi Minh City and Hanoi, and will also have the opportunity to engage with visiting buyers from Burma (Myanmar), Cambodia and Thailand. “Markets in Southeast Asia hold immense opportunity for U.S. exporters,” said USDA Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. Taylor. “In 2023, the United States exported $3.1 billion of agricultural products to Vietnam, maintaining a sizable market share across several food and ag-related categories, including cotton, dairy, distillers grains, fresh fruit, poultry, soybeans and tree nuts. Through the Vietnam trade mission, as well as new efforts with the Regional Agricultural Promotion Program and the Assisting Specialty Crop Exports initiative, USDA is confident that we can continue to help U.S. exporters grow and diversify their markets in Southeast Asia and boost economic returns for America’s farmers, ranchers and agribusinesses.” Trade mission participants will begin the week in Ho Chi Minh City and end it in Hanoi, connecting with key importers for business-to-business meetings and learning about local and regional market conditions through site visits and briefings by FAS staff, industry experts and government officials. USDA aims to transforming America’s food system with a greater focus on more resilient local and regional food production, fairer markets for all producers, ensuring access to safe, healthy and nutritious food in all communities, building new markets and streams of income for farmers and producers using climate smart food and forestry practices, making historic investments in infrastructure and clean energy capabilities in rural America, and committing to equity across the Department by removing systemic barriers and building a workforce more representative of America. ]]> https://agrospectrumasia.com/news/188/2182/australia-unveils-novel-program-to-expand-wine-export-in-nsw-region.html https://agrospectrumasia.com/news/188/2182/australia-unveils-novel-program-to-expand-wine-export-in-nsw-region.html Mon, 03 Jun 2024 11:22:32 +0530 The program will be available to producers of NSW’s $420 million wine exports looking to re-enter the newly reopened Chinese market From July 2024 Investment NSW will kick off a targeted 12 month program of initiatives to bring international buyers to NSW and make it easier for local wine makers to take their products to markets around the world. The program will be available to producers of NSW’s $420 million wine exports looking to re-enter the newly reopened Chinese market but will also support exporters in key emerging markets including India, Japan and Vietnam.  The NSW Government is focusing its efforts on the markets with the highest value and highest potential for growth. The 2024/25 export program includes: A NSW Wine Promotional Roadshow in China reintroducing the NSW wine industry to importers and distributors across Shanghai and Shenzhen Going Global Export Programs focused on beverages to China, UK, Korea, Japan and Vietnam Export Capability Building workshops in the Central West, Hunter & New England and Riverina regions Cellar Door to China in One Click - ‘How to‘ program China and South East Asia Inbound Buyer Missions to NSW Supporting export ready NSW wineries through trade missions that culminate in ProWine Mumbai 2024 and Expo 2025 Osaka An e-commerce campaign to support existing distributors of NSW wine in the Japan market The value of goods and services exported from NSW to the world topped $150 billion, contributing 19 per cent to NSW’s $777 billion Gross State Product last year. With renewed focus and a better targeted trade program, NSW is on track to reach trade worth more than $200 billion by 2031. Minister for Industry and Trade Anoulack Chanthivong said, “Our state has the best products in the world, and global markets are willing to pay a premium that flows back to NSW in new and better jobs and higher incomes. We’re delivering smarter trade policy that focusses on key markets and sectors that can deliver for people in NSW. The state’s wine industry helps employ around 50,000 people and we believe they can do even more with help accessing expanding markets. We know that visibility of export programs and initiatives over a longer term horizon is important for wineries to plan and target international markets.” NSW Wine President Mark Bourne said, “The NSW wine industry, particularly our exporters, have been facing significant challenges recently. The NSW Government and NSW Wine’s collaboration on a long-term export development support program will provide crucial assistance to the sector. The tailored approach of this program will allow wineries to select initiatives that address their specific business needs, optimising resources and maximising the potential for success in international markets." ]]> https://agrospectrumasia.com/news/188/2132/vietnams-durian-exports-to-china-witnessed-a-significant-surge-in-the-first-quarter-of-2024.html https://agrospectrumasia.com/news/188/2132/vietnams-durian-exports-to-china-witnessed-a-significant-surge-in-the-first-quarter-of-2024.html Tue, 14 May 2024 12:10:08 +0530 Vietnam's durian exports to China witnessed a significant surge in the first quarter of 2024. Specifically, Vietnam exported 35,000 tonnes of durian to China during the period, valued at nearly $1.77 million. China imported a total of 48,000 tonnes of durian worth some $2.56 million through the Youyi Guan border gate. Li Youyang, Director of Trade at Guangxi Baiguoyuan Technology Co.Ltd., attributed the rise in durian sales to several key factors, saying that with continuous improvements in import procedures and the adoption of advanced cold storage technology, the company's durian sales in the first quarter increased by 20% annually, and prices were 30%-40% lower than in previous years. As a result, many of its durian stores have run out of stock. Liu Minkun from the Guangxi University pointed out a confluence of factors driving the popularity of durian from ASEAN member countries among Chinese consumers, including high product quality, strong supply chain advantages, positive bilateral relations, e-commerce boom and logistics systems. ]]> https://agrospectrumasia.com/news/188/2105/korea-anticipates-an-upward-trend-in-agri-food-products-export-by-q4-2024-reaching-upto-2-27b.html https://agrospectrumasia.com/news/188/2105/korea-anticipates-an-upward-trend-in-agri-food-products-export-by-q4-2024-reaching-upto-2-27b.html Mon, 06 May 2024 11:18:51 +0530 The U.S. took the largest share (15.7% worth US$352 million) of worldwide K-food sales.  The ASEAN market also showed a robust growth (US$464 million) Korean Ministry of Agriculture, Food and Rural Affairs has announced that the estimated export value of Korean agri-food products (K-food) in the first quarter of 2024 reached an all-time high of $2.27 billion, up by 3.4% from the previous year. This figure marks 8th consecutive year of growth recorded since 2015. Agri-food products means processed and non-processed food, excluding aquatic food products. Growth trajectory of Korean agri-food export value $6.1 billion in 2015 → $7.03 billion in 2019 → $9.16 billion in 2023 (up by 50.2% from 2015) $1.99 billion in Q1 of 2021 → $2.22 billion in Q1 of 2022 → $2.19 billion in Q1 of 2023 → $2.27 billion in Q1 of 2024 (up by 3.4% from Q1 of 2023). Rapid export growth of K-food products was seen in the U.S., ASEAN countries, and Europe. As of the first quarter of 2024, the U.S. accounted for the largest share (15.7% worth $352 million) of worldwide K-food sales among single countries and showed a rapid growth (up by 14.2%).  The ASEAN market also showed a robust growth ($464 million) during this period, backed by a relatively greater popularity of Hallyu (Korean wave) and K-food among consumers. The European market recorded the highest growth rate (up by 27.4% worth $166 million) and thus had driven the overall export growth. In the U.S. and European markets combined, the recovered consumer sentiment led to a larger increase in the demand for healthy foods (e.g. vegan foods, gluten-free foods, etc.) than other Korean food products. Major market export value recorded in Q1 of 2024: $352 million, up by 14.2% in the U.S.; $329 million, down by 7.6% in Japan; $314 million, down by 7.2% in China; $464 million, up by 3.0% in the ASEAN; $166 million, up by 27.4% in Europe and the U.K; and $57 million, down by 18.3% in the G.C.C. By product category, there was a significant growth in overseas demand for Korean instant noodles and processed rice food products (including kimbap) among processed food products, as well as for Korean grape and kimchi among non-processed food products. Export value for major food items, recorded in Q1 of 2024: $270 million, up by 30.1% for instant noodles; $61 million, up by 34.0% for processed rice food products; $165 million, up by 6.3% for snacks; $150 million, up by 18.0% for beverages; $10 million, up by 21.8% for grape; and $42.3 million, up by 6.1% for kimchi. Increases in export of Korean instant noodles were witnessed in markets all across the world, including the U.S. In particular, exports to Europe increased remarkably (up by 34.8%) as import restrictions on Korean instant noodles were lifted in the region. Instant noodle export value recorded in Q1 of 2024: $47 million, up by 112.5% in the U.S.; $49 million, up by 39.9% in the ASEAN; and $45 million, up by 34.8% in Europe. Korean processed rice food products are also in steady demand among overseas consumers. Processed rice food products, such as frozen kimbap (Korean seaweed rice rolls), which has been gaining popularity with a growing consumer perception that it is a convenient healthy-eating option, recorded a strong sales growth in the U.S., Europe, and the Middle East. Processed rice food products export value recorded in Q1 of 2024: $35 million, up by 47.3%) in the U.S; $5 million, up by 68.6% in Europe; and $1 million, up by 152.1% in the UAE. Korean snacks and beverages, coming immediately after instant noodles in terms of export value, also grew in sales overseas. Exports of beverages grew in most of the overseas markets. This is attributable to the export of new products such as beverages for children, in addition to flagship product items such as aloe juice and healthy beverages. The other possible factor is increases in supply contracts with local big box stores. Sales of snacks grew mainly in the U.S. and Europe where they have reached more shelves of local stores. Beverage export value recorded in Q1 of 2024: $29 million, up by 6.5% in China; $22 million, up by 11.2% in the U.S.; and $16 million, up by 50.6% in Cambodia. Snacks export value recorded in Q1 of 2024: $58 million, up by 31.9% in the U.S.; $24 million, up by 27 % in China; and $18 million, up by 6% in Japan Exports of Korean grape grew substantially in overseas countries, including China and Taiwan. Grape export value recorded in Q1 of 2024: $2 million, up by 119.7% in Taiwan; $1 million, up by 68.8% in China; and $2 million, up by 28.3% in Hong Kong. Deputy Minister KWON Jae-han of the Agricultural Innovation Policy Office of the Ministry said: “Korean agri-food products are being recognized among overseas consumers for their excellent quality and tastes by taking a ride on the Korean wave sweeping the world. To uphold consumers’ trust in Korean agri-food products in the global market, we will provide support on various fronts, including provision of logistical infrastructure both in and out of Korea, facilitation in matching of exporters and importers, and opening up of new markets. ]]> https://agrospectrumasia.com/news/188/2104/vietnamese-coffee-exports-to-singaporean-market-are-experiencing-substantial-growth.html https://agrospectrumasia.com/news/188/2104/vietnamese-coffee-exports-to-singaporean-market-are-experiencing-substantial-growth.html Mon, 06 May 2024 11:03:51 +0530 Statistics indicate that Vietnam’s coffee exports to Singapore skyrocketed by 157% in the first quarter of 2024 to reach about $2.01 million by year end A recent analysis by Vietnam's Trade department indicated that Vietnam exported five coffee products coded HS0901, HS 09011120, HS 09011130, HS09012120, and HS 09012111 to the demanding market during the first quarter. However, these types of coffee made up a small proportion of only 3.64%, 7.24%, 14.04%, 0.74%, and 0.02%, respectively, in the market. Experts believe that despite its small population size, Singapore's coffee import value remains at a relatively high at between SGD140 million and SGD150 million per year. Meanwhile, Vietnamese coffee exports to Singapore account for about 2.2% of the total market share, that means there is a wealth of export opportunity out there. Along with domestic consumption demand, Singapore is also a leading transshipment trade hub in the region which will become a gateway for Vietnam as it strives to accelerate the export of coffee products to third countries. Currently, the Vietnam Trade Office in Singapore has actively worked alongside local businesses to provide Singaporean importers with timely information regarding coffee products whilst supporting local firms to participate in trade fairs in order to increase the presence of their goods in this market.   Past Global records of Vietnamese coffee export: Nevertheless, Vietnam’s global coffee exports in February 2023 reached 180,000 tonnes, earning 393 million USD, up 26.3% in volume and 26.5 per cent in value on month. Vietnam has no coffee brand in the list of the 10 most expensive in the world, although it is the largest Robusta coffee producer and ranks second in export coffee volume. At present, very few companies make brands of Vietnamese coffee to export to the world. Thailand has high-class coffee, selling for up to 50-100 USD per cup in 5-star hotels around the world. In January 2023, Vietnam’s coffee exports to Italy reached 17,270 tonnes, earning about $36 million, up 79% in volume and 81.5% in value compared to December 2022. According to the General Department of Customs, Vietnam’s coffee exports still maintain second place in the world, after Brazil. Vietnam’s coffee exports in February 2023 reached 180,000 tonnes, earning $393 million, up 26.3% in volume and 26.5% in value on month, and 28.7% in volume and 22% in value on year. However, in the first two months of this year, Vietnam’s coffee exports reached 323,000 tonnes, worth $703 million, down 13.1% in volume and 14.6% in value over the same period of 2022. ]]> https://agrospectrumasia.com/news/188/1576/gyeonggi-government-trade-corporation-to-expand-agricultural-products-to-global-platforms.html https://agrospectrumasia.com/news/188/1576/gyeonggi-government-trade-corporation-to-expand-agricultural-products-to-global-platforms.html Sun, 28 Apr 2024 11:20:00 +0530 Jangseong Kim, Director of Gyeonggi Government Trade Corporation How do you define the significant approaches by Gyeonggi Government Trade Corporation to expand agricultural products to global platforms? What are the key sectors emphasised by Gyeonggi Government Trade Corporation? We think that they are to establish the distribution channel to enter into the local market and to search for the optimal products to fit in the market. In 2023, we participated in Speciality Food & Drinks Asia 2023 in Singapore, trade shows in Guangzhou, China, Hong Kong, and the United States, as well as the Shanghai Food Expo in China, where we discovered companies aligning with our industry. Our company aims to promote Korean agricultural and processed goods globally, and moving forward, we plan to continue participating in international food expos. Our goal is to conduct tasting events for Korean products at these expos, gauge the response, and export well-received products tailored to the preferences of different countries. The key sectors are Korea Ginseng products and fruits and vegetables. What is Gyeonggi Government Trade Corporation's perspective on the globalisation of agricultural products to boost the agricultural sector in Korea? It is to ease the regulations with regard to the agricultural products to apply for the global standard like GATT system. Countries participating in GATT can lower tariffs among member nations to provide competitive prices and facilitate smooth customs clearance for importing countries. This can enhance the efficiency of international trade for Korean agricultural products. Could you brief the collaboration and partnership initiatives at Gyeonggi Government Trade Corporation to foster Korea’s footprints in the global agri sector? How are the upcoming investments envisioned? We are focusing on the export of Korean Ginseng, fresh fruits and other agricultural products to be produced in Korea, but looking for a new business to distribute the agricultural products produced by the other countries except Korea. We are making efforts to export the new products to overseas distributors, including health functional food companies, baby food companies, e-commerce etc,. through the testing event by collaborating with the international distribution channel. Our vision for the future of promoting the excellence of Korean food starts with improving the image and perception of Korea among people abroad. Furthermore, we are also working towards setting goals to highlight the competitive advantages of Korean products compared to those of other countries on a global scale. Can you brief Gyeonggi Government Trade Corporation’s venture into the "K-Fresh Zone" and association with Japan, Thailand and Hong Kong Agriculture Ministries to expand agricultural product reach? We operate the K-Fresh Zone to promote Korean Ginseng products and high premium fresh fruits. Korean Wave( HanRyu) gives much help to the operation of “K-Fresh Zone”. I welcome the proposal to expand agricultural products with 3 countries. In Korean ginseng, we try to focus on China, Hongkong, Taiwan and the United States of America and in the fresh fruits, to focus on Southeast Asian Countries and in other agricultural products, to focus on the United States of America. Which countries are in the business prospects to export Korea's highest-quality Korean ginseng and high-quality food? In Korean ginseng, we try to focus on China, Hongkong, Taiwan and the United States of America and in the fresh fruits, to focus on Southeast Asian Countries and in other agricultural products, to focus on the United States of America. Korean ginseng is renowned as a precious medicinal herb, cultivated in a climate and soil suitable for ginseng cultivation. It’s popularity abroad can be attributed to it’s title as Korea's top healthy food ingredient. According to research conducted by the UN World Conservation Congress, Korean ginseng has a higher content of ginsenosides compared to products from China and the United States. Furthermore, development efforts in the early 1990s by institutions such as the Korea Institute of Radiological and Medical Sciences, the Ministry of Health and Welfare, and the Ministry of Education, Science, and Technology resulted in an immune therapy for cancer. The findings indicated a 35% inhibition of cancer cell growth and a 13-fold increase in the immune proliferation ability of saponin. We export red ginseng processed food made from 6-year-old ginseng, which accounts for 34% of the national ginseng cultivation area in Gyeonggi Province. This product is known for its high ginsenoside content, acknowledged for its anti-cancer effects, prevention of arteriosclerosis and hypertension, promotion of liver function, and alleviation of hangovers. It has gained recognition for its efficacy and excellence. By handling the export sector of the integrated Korean ginseng brand "K-Ginseng", how would you define Gyeonggi Government Trade Corporation’s network-building efforts through an integrated transportation model? There are many brands in Korean ginseng including “K-Ginseng”. It means that the competition is serious, “K-Ginseng” is born in order to increase the value of Korean ginseng and reduce the export cost. We interaged many brands in Gyeonggi Province with one brand  and took the exclusive right to export it on the behalf of the brand. So the export is getting to increase and the cost is getting to reduce. How do you foresee the trends and prospects in the Korean Agri-Food industry landscape? I foresee that the Korean Agri-Food industry will prosper better than expected. With the effect of Korean Wave, many people have concerns about Korean food and consume it more. The progress of the Korean Agri-Food industry can also be influenced by various factors beyond the impact of the Korean Wave (Hallyu). Engaging in favorable trade agreements and collaborations with other countries can open up new markets for Korean agricultural products and contribute to the industry's growth on a global scale. Investments in research and development can lead to the development of new agricultural technologies and crop varieties, and transportation, logistics, and distribution improvements can lower costs and ensure the timely delivery of products. A growing interest in healthy and sustainable food options can drive innovation in the agri-food industry. Adequate infrastructure, including storage facilities and processing units, is crucial for the efficient functioning of the agri-food supply chain. When combined with the influence of the Korean Wave, these factors can contribute to the robust development of the Korean Agri-Food industry. The statistics are proving that. ]]> https://agrospectrumasia.com/news/188/2001/chile-and-china-seal-deal-on-almond-exports.html https://agrospectrumasia.com/news/188/2001/chile-and-china-seal-deal-on-almond-exports.html Wed, 27 Mar 2024 10:44:48 +0530 China has now become Chile’s largest trading partner Chile and China signed a protocol for the access of Chilean almonds to the Chinese market. The new agreement is intended to facilitate the export of Chilean in-shell almonds to China. This protocol allowed Chile to begin exporting fresh peaches and apricots to China, making Chile the first country in the world where all major categories of fresh fruit are permitted to enter the Chinese market. The signing was carried out by the Chilean Minister of Agriculture, Esteban Valenzuela, and the deputy director of the General Administration of Customs of China, Wang Lingjun, at the La Moneda Palace, the Presidential House, accompanied by the President of Chile, Gabriel Boric, and the Foreign Minister. Chilean, Alberto van Klaveren. Boric explained that Chile is China's main supplier of fresh fruits from temperate climates and is also the only country in the world that has all its fresh fruits authorized to enter the Chinese market. "We are sending pears, plums, blueberries, apples, cherries to China, highly appreciated and valued by the population of this country. China is a giant market that gives us many opportunities to continue growing and we are very happy to advance in this matter," he added. According to official data, Chile has a national area of ​​almond trees of 8,724.2 hectares, according to data from 2023, and they are mainly found in the O'Higgins and Metropolitana regions, both in the central area of ​​the country. Chile’s almond production for the 2023/24 season was estimated to reach 11,400 metric tons, marking an increase of 0.88% compared with the previous season. Meanwhile, exports for the 2023/24 season were forecast at 8,300 metric tons, representing a 0.6% increase, with Argentina, Ecuador and Russia as the major overseas markets. China has now become Chile’s largest trading partner, largest source of imports, largest destination for exports and largest market for agricultural product exports. Chile reportedly exported over 574,000 metric tons of fresh fruit to China during the 2022/23 season, with over half of this volume being cherries. ]]> https://agrospectrumasia.com/news/188/1967/vietnam-maintains-spot-as-worlds-sixth-largest-fibre-exporter.html https://agrospectrumasia.com/news/188/1967/vietnam-maintains-spot-as-worlds-sixth-largest-fibre-exporter.html Mon, 18 Mar 2024 09:10:07 +0530 In 2023 Vietnamese fibre exports hit 1.7 million tonnes, valued at more than $4.3 billion Vietnam has continued to retain its position as the sixth largest fibre exporter in the world, just behind China and Bangladesh, and above the Republic of Korea, since 2022. The General Department of Customs reported that in February alone Vietnam exported 282,059 tonnes of fibre and earned $666.75 million, up 26.7% in volume and up 18.1% in value compared to the same period last year. China made up Vietnam’s largest market as fiber exports reached 129,112 tonnes worth more than US$329 million, rising by 60% in volume and 35% on year on year. The Republic of Korea (RoK) was the second largest consumer of Vietnamese fibre, spending US$74.1 million on 25,637 tonnes, showing increases of 4% in value and 19.5% in volume. The United States ranked third, importing 24,598 tonnes valued at US$30.4 million, up 155% in volume and 508% in value. Aside from these three major markets, Vietnam exported fibre to other large markets such as Indonesia, Bangladesh, Brazil, and Cambodia. Since 2022 Vietnam has surpassed the Republic of Korea to become the world’s sixth largest fiber exporter. In 2023 Vietnamese fibre exports hit 1.7 million tonnes, valued at more than $4.3 billion, up 13.4% in volume but down 7.6% in value against 2022 ]]> https://agrospectrumasia.com/news/188/1946/korea-nurtures-k-food-plus-into-one-of-top-10-strategic.html https://agrospectrumasia.com/news/188/1946/korea-nurtures-k-food-plus-into-one-of-top-10-strategic.html Thu, 14 Mar 2024 01:21:00 +0530 Export Industries to Lead Global Market Korea Ministry of Agriculture, Food and Rural Affairs announced the “Strategic Plan for K-Food Plus Export Innovation” to respond to a rapidly changing global trend and trade environment and to nurture K-Food Plus into a strategic export industry leading the global market. In 2023, the ministry made efforts to grow agri-food products as well as upstream and downstream industries into a strategic export industry. As a result, the export value of K-Food Plus reached a record high in that year despite difficulties posed by challenging external conditions. We also saw the possibility that K-Food Plus can grow into a strategic export industry1) with meaningful outcomes achieved. Specifically, (a) the export of agri-food products continued to grow for eight consecutive years; (b) the foundation was established for export of products from upstream and downstream industries, for instance, through large-scale contracts winning for smart farm projects2); and (c) the door was opened for Korean companies to enter halal markets through the 2023 ROK-Indonesia summit talk.  Under the strategic plan, the ministry aims for K-Food Plus exports of $13.5 billion for this year and $23 billion by 2027, with the vision of making K-Food Plus one of Korea’s top 10 strategic export industries. The strategic plan was developed, based on input from people in the industry as well as subject matters discussed during the operation of the K-Food Plus Export Expansion Promotion Headquarters last year.  The ministry is also working hard to carry out collaborative projects with other ministries, based on results of the Emergency Ministerial Meeting on Economic Affairs held on 14 February, and will play a leading role in breaking down boundaries among ministries. 1) energy and industry emissions, and2) FLAG emissions that occur ‘to farm gate’, i.e. before agricultural commodities are sentoff-farm for processing. Companies must now set separate targets and decarbonisation pathways for each bucket of emissions, ensuring a focus on both energy/industry and land emissions sources The FLAG guidance helps companies to decarbonise by enabling verifiable carbon removals on the farm to be subtracted from FLAG emissions, reflecting a lower corporate carbon footprint even for downstream companies like food processors and retailers. It will help incentivise and support climate action within the agri-business value chain rather than using carbon offsets outside the supply chain, leading to longer-term resilience in our food systems. To begin with, the agriculture ministry will work closely with the Ministry of Oceans and Fisheries in the areas of logistics and marketing to achieve an export target of USD 16.7 billion in agri-food and aquatic food products as well as in the upstream and downstream industries (USD 10 billion in agri-food products, USD 3.5 billion in the upstream and downstream industries, and USD 3.2 billion in aquatic food products). The two ministries will join hands in utilizing logistics infrastructure, including the hinterlands of major ports (e.g. the port of Busan, the port of Pohang, etc.) and overseas logistics centers of the Busan Port Authority and the Ulsan Port Authority. The two sides will also collaborate in holding a K-Food fair and opening a testing and promotion shop overseas. Also, the agriculture ministry will build an inter-ministerial cooperation system to respond to changes in the global trade environment with the Ministry of Trade, Industry and Energy and other related ministries and agencies. At the same time, the ministry will collaborate with the Ministry of Culture, Sports and Tourism in carrying out the Korean wave-based marketing and opening a promotion center overseas. The ministry will also work together with the Korean Intellectual Property Office to make joint response to eradicate counterfeit K-Food products. The 2024 strategic plan is focused on enhancing the global competitiveness of the K-Food Plus industry. To this end, the ministry will improve the export support system, with emphasis on strengthening the capabilities of export support organizations and export companies; lay the foundation for growth of promising export companies through investment expansion; and will expand markets for K-Food Plus exports on various fronts. Minister SONG Miryung of Agriculture, Food and Rural Affairs said: “We will make all our policy efforts and strengthen private-public and inter-ministerial cooperation to ensure that this year’s export target of K-Food Plus can be reached and K-Food Plus can grow into a flagship export industry over the medium- and long-term, on the wings of the K-Food boom and the recovery in global trade volumes.” ]]> https://agrospectrumasia.com/news/188/1939/vietnam-anticipates-seafood-exports-to-reach-9-5-billion-in-2024.html https://agrospectrumasia.com/news/188/1939/vietnam-anticipates-seafood-exports-to-reach-9-5-billion-in-2024.html Fri, 08 Mar 2024 10:55:17 +0530 Ministry offers additional support to overcome difficulties and obstacles for businesses, and improved competitive capacity for both businesses and the seafood industry. Việt Nam’s seafood exports can reach the $9.5 billion milestone in 2024, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). The association’s chairwoman, Nguyễn Thị Thu Sắc, said the Southeast Asian economy’s seafood sector finished the year 2023 with $9 billion in export value, an 18% decrease compared to the previous year. She said high inflation, reduced demand, large inventories, decreased export prices, challenges and shortcomings in domestic production and business, such as increased input costs throughout the supply chain, and IUU yellow cards, hindered seafood exports in the past year. But positive signals have been seen in the early months of 2024, with a 64% increase in demand compared to the same period in 2023, reaching $750 million. All major product categories experienced significant improvement compared to the same period last year with China being the most notable breakthrough, reporting an increase of more than three times. Exports to the US have increased by 63%, Japan by 43 per cent and the EU by 34%. Nguyễn furthur added that while growth has not been equally distributed among the sector, promising early figures will play an important role in its recovery this year. “There are still challenges and issues to overcome such as oversupply, high inventories, lower prices, and increased competition but we anticipate stronger demand and higher prices in the second half of the year as prices typically climb as inventories decrease,” she added.  According to VASEP, new challenges such as tensions in the Red Sea leading to increased transportation costs, IUU yellow cards and anti-subsidy taxes will likely pose additional difficulties for businesses this year. Businesses must start taking measures to turn these challenges into opportunities, exploiting and developing suitable products for international markets. The chairwoman reaffirmed that VASEP, along with the business community, remains committed to making every effort, being proactive and dynamic to ensure quality, food safety and traceability, and towards the goal of enhancing the competitive capacity and sustainable development of the seafood industry. She advised Vietnamese exporters to invest in improving the quality and safety of Vietnamese seafood brands while increasing their presence in traditional markets and further penetrating potential markets such as India, the Middle East, and ASEAN. VASEP emphasised the importance of high-quality raw materials in global seafood production and business.  ]]> https://agrospectrumasia.com/news/188/1924/vietnam-fruit-vegetable-exports-see-green-shoots-targeting-7-billion.html https://agrospectrumasia.com/news/188/1924/vietnam-fruit-vegetable-exports-see-green-shoots-targeting-7-billion.html Mon, 04 Mar 2024 11:21:29 +0530 China, the US, the Republic of Korea, Japan, Thailand, the Netherlands, Taiwan (China), Australia, the United Arab Emirates, and Russia were the top importers of Vietnamese fruits and vegetables in 2023 Vietnamese fruit and vegetable exports soared by 38% to $749.7 million in the first two months of this year. By 2024, they are expected to reach nearly $7 billion. The sector is expected to remain a bright spot in 2024, as many businesses report they have full order books through the first quarter. After signing a protocol on phytosanitary requirements for Vietnamese fruit exported to the neighboring country last year, the Vietnamese Ministry of Agriculture and Rural Development and the General Administration of Customs of China would bring in $3.5 billion, says Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association (Vinafruit).). Although shipments to Europe and the US are forecast to be hindered by the Red Sea tension in the time ahead, exports to China are predicted to be boosted, driven by durian, dragon fruit, jackfruit, banana, and mango, he added. Phung Duc Tien, Deputy Minister of Agriculture and Rural Development, said four more Vietnamese products will be shipped to China via the official channel in the near future, including medicinal herbs, coconuts, frozen fruit, and watermelon, which will greatly contribute to Vietnam's agricultural exports. Vietnam exported 5.6 billion USD of fruit and vegetables last year, up 66% from the previous year, according to statistics from its General Department of Customs. Dragon fruit was the fruit with the highest export value, followed by durian. China, the US, the Republic of Korea, Japan, Thailand, the Netherlands, Taiwan (China), Australia, the United Arab Emirates, and Russia were the top importers of Vietnamese fruits and vegetables. In 2022, China was the biggest buyer, with import turnover reaching 3.7 billion USD, up nearly 250% in value and 65% in market share. ]]> https://agrospectrumasia.com/news/188/1896/zespri-prepares-to-return-to-strong-growth-in-kiwifruit-supply-in-2024.html https://agrospectrumasia.com/news/188/1896/zespri-prepares-to-return-to-strong-growth-in-kiwifruit-supply-in-2024.html Fri, 01 Mar 2024 08:49:00 +0530 With a crop of around 193 million trays expected to be shipped in 2024/25 The upcoming kiwifruit season has the potential to be a year of strong growth across all kiwifruit offerings this year, with Zespri expecting to ship around 193 million trays of kiwifruit to markets around the world. While still early in the season, Zespri’s latest supply estimate reflects the positive growing conditions seen across New Zealand in recent months. This season’s crop will be a significant increase on the 133 million New Zealand trays shipped last season and also up on the 175 million trays shipped in 2021. Zespri CEO Dan Mathieson says the key focus this year is delivering consistently good quality fruit to customers and consumers throughout the season to help maximise the value returned to growers and communities. Mathieson said Zespri was closely monitoring the disruption to international shipping though Zespri was not affected by the disruption in the Red Sea, instead shipping via the Panama Canal. “As well as the focus on per tray returns, we’re also looking forward to seeing improved per hectare returns for growers in the coming season, with our February crop estimate showing a strong improvement in expected yields. We’ve also seen strong demand for SunGold Kiwifruit and RubyRed Kiwifruit has continued to perform strongly, which we expect to see continue as RubyRed becomes the first of this year’s crop to hit stores soon" says Mathieson. At a per hectare level, forecast OGRs for all categories have increased against the previous forecast. Green and SunGold forecast OGRs are now above final 2022 season returns, despite the season’s lower yields. Zespri has released its final forecast for the 2023/24 season with record per tray returns forecast for Green, Organic Green, SunGold and RubyRed Kiwifruit. The February forecast has Green at a record $9.44 per tray, significantly up from last season’s final Orchard Gate Return (OGR) of $5.78 per tray. Forecast SunGold Kiwifruit returns are also at a record level of $12.62 per tray, well above last season’s final OGR of $9.97, while Organic SunGold Kiwifruit is at $14.21. For Zespri RubyRed Kiwifruit, the forecast average per tray return is at a record $26.54, up from last season’s final OGR of $22.27. Zespri RubyRed Kiwifruit is in its second year as a commercial pool. Forecast per hectare returns have been influenced by a high proportion of productive hectares returning low yields impacted by vine age. 149 hectares producing for 2 years or less have returned an average yield of 1,385 trays per hectare and a forecast per hectare return of $36,753 per hectare. 4 hectares producing for greater than 2 years have returned an average yield of 5,263 trays per hectare and a forecast per hectare return of $139,709 per hectare. 6 hectares with mixed aged vines (with vine age of both 2 years or less and more than 2 years) have returned an average yield of 3,155 trays per hectare and a forecast per hectare return of $83,737 per hectare. Zespri international, co-hosted the XI International Symposium on Kiwifruit in Mount Maunganui last week along with "The New Zealand Institute for Plant and Food Research Limited". The theme was 'Diversifying for Future Uncertainty' with more than 250 delegates from New Zealand, Italy, France, Spain, Chile, Turkey, Mexico, Greece, China and Japan focusing on how we manage in an environmentally, socially and economically sustainable way. An important part of the symposium was getting the delegates out of the conference room with a field trip connecting them with New Zealand’s kiwifruit industry with a visit to the "Kiwifruit Breeding Centre" as well as orchards and packhouses  ]]> https://agrospectrumasia.com/news/188/1886/grdc-leads-42m-initiative-to-bolster-biosecurity-for-australias-grain-grower.html https://agrospectrumasia.com/news/188/1886/grdc-leads-42m-initiative-to-bolster-biosecurity-for-australias-grain-grower.html Tue, 27 Feb 2024 09:52:35 +0530 A groundbreaking $42.7 million national biosecurity initiative led by the Grains Research and Development Corporation (GRDC) in partnership with five state government departments is set to transform the effectiveness and responsiveness of Australia’s grains biosecurity system. Announced by GRDC Chair and grain grower John Woods at the Grains Research Updates in Perth today (February 26), the National Grains Diagnostic and Surveillance Initiative (NGDSI) is a co-investment between GRDC and the WA Department of Primary Industries and Regional Development (DPIRD), the South Australian Research and Development Institute (SARDI), the Victorian Department of Energy, Environment and Climate Action (DEECA), the New South Wales Department of Primary Industries (NSW DPI), and the Queensland Department of Agriculture and Fisheries (QDAF). The six-year initiative will use state-of-the-art technology and processes to improve Australia’s ability to rapidly detect and accurately diagnose exotic pests and plant diseases – allowing identification to happen ‘near the paddock’ rather than in centralised laboratories. It will also support the development of more than 20 biosecurity specialists across Australia, modernise current surveillance techniques and utilise global intelligence to forecast future pest and disease risks to the nation’s grains industry. ″This initiative is one of the most important investments GRDC will make on behalf of Australian grain growers and is the result of two years of collaborative work with our partners. It is powerful in the sense it has brought together the nation’s primary grain growing states in a united effort to reduce the very real risk that exotic pests and diseases pose to agriculture,″ Mr Woods says. ]]> https://agrospectrumasia.com/news/188/1879/korea-designated-new-global-offices-to-support-k-smart-farm-export.html https://agrospectrumasia.com/news/188/1879/korea-designated-new-global-offices-to-support-k-smart-farm-export.html Mon, 26 Feb 2024 10:32:06 +0530 Five regional trade offices of the Republic of Korea (in Riyadh, Kuwait, Almaty, Baku, and Melbourne) will provide intensive support to Korean companies exporting goods and services related to smart farming The exports and construction project orders of smart farms more than doubled from the previous year to reach $296 million in 2023. With this record, the smart farm sector is emerging as a new export industry.  In February, as part of the efforts to keep the export growth on an upward trajectory, the Ministry of Agriculture, Food and Rural Affairs and the Korea Trade-Investment Promotion Agency (KOTRA) designated five trade offices in three regions—the Middle East, the Commonwealth of Independent States (CIS), and Oceania—as trade offices dedicated to support smart farm export, and thus established a system to support Korean companies in exporting smart farms and winning a contract for smart farm construction.  In September 2023, the ministry designated the trade office in Riyadh, the Kingdom of Saudi Arabia, as the first trade office oriented toward the support for smart farm export. This year, the ministry imposed the role on four additional trade offices in the regions.   Korean companies seeking to enter those markets can receive support through the trade offices in the following aspects: (a) getting legal advice from local law firms (b) finding collaborative projects and buyers (c) carrying out market research in those regions (d) addressing problems faced by Korean companies while carrying out projects. Also, through collaboration with the trade offices, the agriculture ministry and the KOTRA plan to expand their concerted efforts this year to support smart farm export on various fronts, including holding a K-Smart Farm Roadshow. ]]> https://agrospectrumasia.com/news/188/1863/vietnam-reports-5-14-billion-turnover-in-agri-exports-up-until-in-2024.html https://agrospectrumasia.com/news/188/1863/vietnam-reports-5-14-billion-turnover-in-agri-exports-up-until-in-2024.html Wed, 21 Feb 2024 08:07:05 +0530 Sector has set a target of earning $54-55 billion from agricultural exports this year Vietnam’s export of agricultural products recorded impressive growth in the first month of 2024 and is expected to see a breakthrough in the whole year as per the IPTC reports. In January, the export turnover hit $5.14 billion, up 79.2% year-on-year, with increases reported in almost all commodity groups. According to Vice General Director of Vina T & T Co., Ltd, Nguyen Dinh Muoi, 2024 could be a breakthrough year for the fruit sector now that various products have received good signals from major markets such as Japan, the US, Australia, China, and the EU. "It is noteworthy that the potential of most of these markets is very large, and their doors are wide open for Vietnamese fruits", he added. Similarly, rice is also forecast to have a successful year. Right from the beginning of 2024, many rice exporters have received orders. Chairman of the Board of Directors of Trung An High-Tech Agriculture Joint Stock Company Pham Thai Binh said that the price of Vietnam’s 5% broken rice is currently no less than 700 USD per tonne. In 2024, the country’s rice export volume may be at least the same as in 2023, but the value is certainly 15% to 20% higher. Therefore, the export turnover may surpass $5 billion this year, higher than the $4.8 billion recorded last year, said Binh. Deputy Minister of Agriculture and Rural Development Phung Duc Tien stated that the sector has set a target of earning $54-55 billion from agricultural exports this year. To promote the export of agricultural products and maintain a strong and sustainable position in import markets, the ministry will work with businesses to well monitor and manage the production process, issue planting area codes, and take measures to meet requirements of major markets. It will also analyse the market to have specific strategies for each period and each industry, and closely follow major import markets, such as China, the US, Japan, and the EU to promote exports and exploit new and potential markets like Islamic countries, the Middle East, and Africa, Tien emphasised ]]> https://agrospectrumasia.com/news/188/1843/malaysia-to-ally-with-egypt-to-expand-palm-oil-exports-to-africa.html https://agrospectrumasia.com/news/188/1843/malaysia-to-ally-with-egypt-to-expand-palm-oil-exports-to-africa.html Fri, 16 Feb 2024 10:46:58 +0530 Almost 90% of Malaysia's palm oil exports go to Egypt Malaysia's Ministry of Plantation and Commodities intends to make Egypt an essential part of its plan to expand Malaysia’s palm oil exports to the African continent through the Suez Canal Economic Zone. Its minister Datuk Seri Johari Abdul Ghani said economic cooperation in the palm oil sector between Malaysia and Egypt was discussed in his meeting with the Egyptian Ambassador to Malaysia Ragai Tawfik Nasir. “Egypt is a strategic country for our palm oil industry because palm oil makes up almost 90 per cent of Malaysia’s exports to Egypt,” he said the Minister. He also said that both countries are exploring a partnership in palm product marketing strategies involving government-linked companies along with the cooperation of private players in both countries. In addition to Malaysia’s strong position as palm oil exporter to the country, Egypt is strategically located to be a potential gateway to other North African countries, he said. Analysts Neutral On Plantation Sector With Crude Palm Oil Seen Averaging RM3,800 Per Tonne Meanwhile, Kenanga Research has forecast the price of crude palm oil (CPO) to trade range-bound and average around RM3,800 per tonne in a tight outlook for edible oils in 2024. The research house said that with supply matching demand or possibly dipping into a small deficit, the commodity is expected to end the year with inventory coming in below the level it started at. The main issue is demand for edible oils which is underpinned mainly by population and income growth that is expected to continue growing at 3-4 per cent year-on-year (y-o-y), but supply is affected by tightening regulations, unpredictable weather and even geopolitical disruptions. Specifically for palm oil, Indonesia, the top producer and also user, looks set to manage exports till Hari Raya in April 2024 while India, a big palm oil importer, is likely to maintain generous levels of inventory pending an election in the first half of this year,” it said in a research note, maintaining a “neutral” call on the plantation sector. ]]> https://agrospectrumasia.com/news/188/1846/vietnam-and-the-philippines-to-increase-bilateral-trade-and-investment-ties-to-foster-mutual-food-security-agenda.html https://agrospectrumasia.com/news/188/1846/vietnam-and-the-philippines-to-increase-bilateral-trade-and-investment-ties-to-foster-mutual-food-security-agenda.html Fri, 16 Feb 2024 08:10:29 +0530 The Philippines is the 16th largest trade partner of Vietnam worldwide and the sixth-largest trade partner of Vietnam in Southeast Asia Vietnam and the Philippines will increase their bilateral trade and investment ties, with a focus placed on rice exports to help ensure food security. During the state visit to Vietnam by the Philippines’ President Ferdinand Romualdez Marcos, the two Southeast Asian nations agreed that they will devise new mechanisms to enhance regional economic connectivity such as ASEAN’s Free Trade Agreement, Trade in Goods Agreement, and Comprehensive Investment Agreement. The two countries have also pledged to facilitate investments of each other into respective markets, especially projects involving processing, infrastructure, the vehicle supporting industry, renewable energy, and high-tech agriculture. The Philippines is the 16th largest trade partner of Vietnam worldwide and the sixth-largest trade partner of Vietnam in Southeast Asia. At present, there are about 30,000 Vietnamese nationals living and working in the Philippines, where there are also 700 Vietnamese students. Burgeoning mutual trade opportunities: Vietnam currently has five projects in the Philippines, registered at nearly $4 million. Bilateral trade turnover between the pair increased from $2.9 billion in 2012 to $7.8 billion in 2022. In the first 11 months of 2023, the figure hit $7.1 billion. According to an investment report released in late December by the ASEAN Secretariat and the UN Conference on Trade and Development, from 2013 to 2022, more than one-third of the favorable foreign direct investment (FDI) measures in ASEAN related to opening new sectors or activities. For example, in 2021–2022, Vietnam allowed complete FDI in insurance and set implementation guidelines for the 2020 Law on Investment, which includes a restrictive list for market access for foreign investors. Similarly, the Philippines permitted full FDI in renewables and revised its negative list by removing manufacture, repair, storage and distribution of products requiring clearance from its defence department. Foreign ownership restrictions in small- and medium-sized enterprises and trading enterprises were also relaxed. Data from the Vietnamese Ministry of Planning and Investment showed that currently the Philippines has 95 valid ventures in Vietnam registered at $608.2 million, ranking 31st out of 144 nations and territories with projects in Vietnam. Since 2023 leaders of Philippine group Vista Land visited the Mekong Delta city of Can Tho for investment and trade opportunities. including, rice, agricultural products, snacks, fruit juice, and coffee. In Vietnam, URC started operations in 2003 as a trading company specialising in imported products until its first factory with snack and candy lines was built at Vietnam-Singapore Industrial Park in the southern province of Binh Duong. URC’s factories have been replicated throughout the country, including three in Binh Duong, one in the south-central province of Quang Ngai, and one in Hanoi. Promotes economic and trade relations In addition to investment, Vietnam and the Philippines have also agreed to promote economic and trade relations, with a major focus laid on the rice trade. They will consider removing unnecessary barriers and support each other to ensure food security, while creating a favourable business and investment climate. Both nations last week also inked an MoU on rice trading cooperation, aimed to help ensure economic benefit and food security. The Philippines is now the largest rice export market of Vietnam, with a volume of 2.63 million tonnes in the first 11 months of last year, valued at $1.41 billion. The two countries last week also set a target of reaching a bilateral trade turnover of $10 billion next year, and promoted cooperation in other potential fields such as digital economy, circular economy, green economy, renewable energy, combating climate change, and supporting each other in developing the marine economy, innovation, and startups. Vietnam and the Philippines forged their diplomatic relations in 1976, which were elevated to a strategic partnership in 2015. In 2019, they signed an action programme on implementing the strategic partnership for the following five years. ]]> https://agrospectrumasia.com/news/188/1839/malaysias-sabah-cabinet-approves-oil-palm-biomass-industry-policy.html https://agrospectrumasia.com/news/188/1839/malaysias-sabah-cabinet-approves-oil-palm-biomass-industry-policy.html Thu, 15 Feb 2024 13:23:32 +0530 New policy controls export of biomass Malaysia's Sabah cabinet has approved the Oil Palm Biomass Industry policy, says Chief Minister Datuk Seri Hajiji Noor. After chairing the Chief Minister’s Department post-cabinet meeting at Menara Kinabalu, he said the cabinet had also decided to impose a State Sales Tax on biomass exports pending the implementation of the policy. “This is to control the export of biomass,” he said, adding that a Sabah Oil Palm Biomass law would also be enacted to regulate the industry. The policy will be enforced within two years from the date of its approval (after the palm oil industrial cluster (POIC) Sabah Biomass Collection Platform is fully operational) and under the purview of the state Industrial Development and Entrepreneurship Ministry. Hajiji also told department heads under him that the Cabinet had taken note of the review of the management of the Urban Community Development Committees (JKDB) by the Local Government and Housing Ministry ]]> https://agrospectrumasia.com/news/188/1838/australia-allies-with-ag-industry-to-reduce-emissions.html https://agrospectrumasia.com/news/188/1838/australia-allies-with-ag-industry-to-reduce-emissions.html Thu, 15 Feb 2024 12:39:05 +0530 Australia's transition to net zero emissions with Net Zero 2050 Plan Australia is setting its polices to assist agriculture industry to reduce its emissions and lift its sustainability. The Agriculture and Land Sectoral Plan is one of six sectoral decarbonisation plans under the Government’s Net Zero 2050 Plan announced by Minister for Climate Change and Energy, Chris Bowen. Minister for Agriculture, Fisheries and Forestry Minister Murray Watt said the public consultation process is the first step in developing the sector plan, which will map out the role for the agricultural sector in Australia's transition to net zero emissions. “A wide range of stakeholders have participated in the consultation process, including farmers, peak industry bodies, private organisations, environment groups, the finance sector, universities and researchers. We received over 230 submissions and this strong level of interest showed just how important issues of sustainability, productivity and profitability are for the agriculture industry" explained Minister Watt. “Climate change is clearly having an impact on the profitability of producers across the country, with ABARES data showing that changes in seasonal conditions have already reduced farm profits by an $29,000 over the past 20 years. And as a proud exporting nation, it’s also becoming more and more important from trade perspective that our industry becomes more sustainable" Minister continued. Minister Watt said Australian agriculture has made great strides in lifting its sustainability. He further said "Stakeholders have raised several options for the government to consider around issues like investment in research and development, incentives to adopt new technologies and land management practices, building landholder capacity, and establishing standardised approaches to calculating and reporting emissions”. Australia has embarked into several initiatives such as the National Statement on Climate Change, the Natural Heritage Trust rollout including Climate-Smart Agriculture programs, and our ongoing work on the Future Drought Fund. This consultation process was just one part of a significant and ongoing conversation with the sector building on already established climate and sustainability goals and activities. The initiative aims to secure the future of Australian agriculture. ]]> https://agrospectrumasia.com/news/188/1793/thailand-inks-mou-with-china-to-strengthen-export-policy-and-regulations.html https://agrospectrumasia.com/news/188/1793/thailand-inks-mou-with-china-to-strengthen-export-policy-and-regulations.html Mon, 05 Feb 2024 11:08:46 +0530 It is estimated that the value of exporting pine trees from Thailand to China will be approximately 1,500 million baht per year. Thailand’s  Ministry of Agriculture and Cooperatives and the Customs Office of the People's Republic of China have signed a MoU in presence of The Permanent Secretary of Agriculture of Thailand. Prime Minister Settha Thavisin presided over the signing ceremony of a protocol between the Ministry of Agriculture and Cooperatives of Thailand and the Customs Office of the People's Republic of China, which covers two issues. 1) Protocol on Phytosanitary Measures Requirements for export of pine trees From the Kingdom of Thailand to the People's Republic of China Between the Ministry of Agriculture and Cooperatives of the Kingdom of Thailand and the Customs Administration of the People's Republic of China 2) Agreement to Amend the Protocol on the Criteria for Veterinary Inspection, Quarantine and Hygien for the export of frozen poultry meat and Thai poultry parts to China. The signatory of the Thai side with Captain Thammanat Prompao, Minister of Agriculture and Cooperatives. and Han Zhiqiang, and Ambassador of the People's Republic of China to Thailand signed along with Wang Yi, Director of the Central Committee on Foreign Affairs. Chinese Communist Party and Minister of Foreign Affairs of the People's Republic of China and Chakkraphong Saengmanee, Deputy Minister of Foreign Affairs Kingdom of Thailand witnessed the signing ceremony at the Purple Reception Room, Thai Khu Fah Building, Government House. The signing of these two protocols is the result of close collaboration between the Ministry of Agriculture and Cooperatives of the Kingdom of Thailand and the Customs Office of the People's Republic of China. Both sides are committed to expanding agricultural trade between each other. As a result of the official opening of the agricultural products market between them, Thailand Pine can now be exported to China. Furthermore, it increases the value of Thai product exports to the Chinese market and creates new markets for Thai agricultural products. It is estimated that the value of exporting pine trees from Thailand to China will be approximately 1,500 million baht per year. In addition, previously, an agreement has been signed to amend the Protocol on Quarantine Inspection and Veterinary Hygiene Criteria for the Export of Thai Frozen Poultry Meat and Poultry Parts to China. A protocol was signed on 24 August, 2018, in which Thailand could only export chicken meat, duck meat, chicken parts and offal.  In 2024, the new edition of the protocol has been added to increase the efficiency of exporting duck parts and organs by an additional 18 items. Thailand will export more than 16,000 million baht worth of frozen poultry meat and poultry parts to China in 2023. After signing the protocol, export value is expected to increase by approximately 1,000 million baht. ]]> https://agrospectrumasia.com/news/188/1914/vietnam-identifies-philippines-as-high-potential-market-for-agri-exports.html https://agrospectrumasia.com/news/188/1914/vietnam-identifies-philippines-as-high-potential-market-for-agri-exports.html Tue, 30 Jan 2024 11:20:00 +0530 Vietnam is the Philippines' 10th largest trading partner and the bilateral trade topped $7.8 billion in 2022 According to Vietnam's Trade Office in the archipelago nation, the Philippines is a high potential market for Vietnamese exports due to its large population, diverse needs for goods and services, and not too strict import standards. In 2023, the Philippines had 113 million people, ranking 13th in the world, seventh in Asia, and second in ASEAN. The Philippines and Vietnam, both dynamically developing economies in the region, are similar in many ways and have complementary production processes, so they have room to expand their economic and trade ties. Vietnam is the Philippines' 10th largest trading partner, and because of the close proximity and similar consumption habits, the Philippines is a high-potential market for Vietnamese exports. In addition to its limited domestic production, the country has a relatively low import standard for goods and services, making it a major importer of food products. A total of 35 products and groups of products from Vietnam are being sold in the Philippines, including agricultural products, aquatic products, confectionery, animal feed, cement, steel, construction materials, textiles, garments, and machinery. A large proportion of exports has always been made up of farm produce, especially rice. Over the past few years, Vietnam has consistently posted a trade surplus with the Philippines, according to the Trade Office. The bilateral trade topped $7.8 billion in 2022, up 14.7% year on year. That consisted of over $5.1 billion in Vietnam exports to and $2.7 billion in imports from the Philippines, respectively rising 11.6% and 12.8%, according to the Asia - Africa Market Department of the Ministry of Industry and Trade. In 2023, the trade revenue was equivalent to the 2022 figure, $7.8 billion, comprising $5.15 billion in Vietnam’s exports and $2.65 billion in imports, respectively increasing 1% and declining 2% year on year. Rice is a staple export of Vietnam to the Philippines. Last year, the former shipped 3.1 million tonnes of rice, down 2% from 2022, to the latter to earn $1.75 billion, up 17.6%. The Vietnamese grain made up over 80% of the Philippines’ rice import volume, statistics show. Meanwhile, Vietnam’s main imports from the archipelago country include computers, electronic devices, and components, machinery, equipment, tools, and spare parts, metals, electrical cables, aquatic products, automobile components, confectionery, and animal feed. According to the Trade Office, Vietnam should keep its status as the biggest rice supplier for the Philippines while diversifying its export structure and increasing shipment value to further tap into this market. The Philippines is a high potential market, but Vietnamese businesses have yet to pay due attention to it, the office said, pointing out the necessity to step up communications to help companies realize its potential to boost exports. ]]> https://agrospectrumasia.com/news/188/1759/philippines-invests-p4b-to-develop-at-lagonglong-port-in-misamis-oriental-to-enhance-logistical-capability.html https://agrospectrumasia.com/news/188/1759/philippines-invests-p4b-to-develop-at-lagonglong-port-in-misamis-oriental-to-enhance-logistical-capability.html Wed, 24 Jan 2024 10:52:52 +0530 Lagonglong Port to increase trade capacity in Mindanao, enhance logistical capability in the region, and create new jobs The Philippines Lagonglong Port in Misamis is involved in an infrastructure project aligned with the government's goal of increasing food production. Due for completion in March 2025, Lagonglong Port promises to increase trade capacity in Mindanao, enhance logistical capability in the region, and create new jobs. Agriculture Secretary Francisco P. Tiu Laurel, Jr. said, “Lagonglong Port dovetails with the Department of Agriculture’s push to boost agricultural production, ensure accessibility to affordable food, and achieve food security for our countrymen,”  Secretary Tiu Laurel said during groundbreaking rites for the project. The project is a private commercial port development of Amadi MGT Terminals Inc. that will cost P4 billion to complete. Amadi will spend P1.4 billion for the first phase which will have an annual throughput capacity of 3.3 million metric tons of bulk cargo. The port will also have storage facilities and modern equipment to handle international and domestic cargo, including perishable goods. Aboitiz Construction is building the multi grains terminal for Amadi. The groundbreaking was graced by, among others, Senate President Juan Miguel Zubiri, Misamis Oriental Gov. Peter Unabia, Congressman Christian Unabia, Agriculture Undersecretary Roger Navarro and Lagonglong Mayor Jay Albert Puertas. “We should build more ports like this. This is critical to the modernization of our country. This port, once finished, I believe will reduce feed costs by at least 2.5%, or as much as 5%. It will reduce cost of fertilizers also by 5%, maybe, or as much as 10%, depending on the price,” said Secretary Tiu Laurel. He added that the port project will increase efficiency of transporting vital goods and provide storage facilities that will help maintain the quality of agricultural products and raw materials once finished. The agriculture chief said that once completed, the Lagonglong Port should spur the development of factories, processing plants and other value-adding facilities. “I’ve seen that happen, and I’ve done it. In Papua New Guinea, Indonesia, and other areas in the Western Pacific where we built ports,” he added. ]]> https://agrospectrumasia.com/news/188/1732/vietnams-largest-spices-exporter-phuc-sinh-jsc-receives-investment-from-eu.html https://agrospectrumasia.com/news/188/1732/vietnams-largest-spices-exporter-phuc-sinh-jsc-receives-investment-from-eu.html Wed, 17 Jan 2024 11:03:49 +0530 Phúc Sinh JSC is valued at $320 million in global market with 15.1% market share Phúc Sinh JSC has announced that the company successfully sold shares to an investment fund from Europe with an undisclosed amount. Phan Minh Thông, General Director of Phúc Sinh JSC, said the fund would not participate in operating the business but simply provide financial support. This has been the first time the company received foreign investment in 22 years of operation. The deal was completed after 18 months of negotiation. Phuc Sinh, Vietnam’s largest pepper exporter, has been valued at $320 million and will receive funding from a European investor to build two large coffee processing plants. The company holds 8% share of the world pepper market since 2007. Company has signed a deal for the investment from the fund and will help corporation achieve sustainable agriculture and enhance brand recognition, creating a premise for an overseas IPO. The company has coffee plant each in the Central Highlands province of Dak Lak and northern Son La Province with a total capacity of 30,000 tons per year. “In the context of a limited capital market, having an investment with a moderate capital price is very meaningful. We are valued at $320 million. The amount is not too large but not small either, which could help us build two coffee processing factories this year. Phuc Sinh has an annual turnover of around $300 million and over 100 export markets” Thông said. He added that in recent years, many companies wanted to invest in Phúc Sinh. However, they were refused because of not properly evaluating Vietnamese agriculture value, which is very low compared to companies in Thailand, Malaysia, Indonesia, and even the Philippines. “Việt Nam’s agricultural industry is developing strongly and has many opportunities to attract foreign investment. Phúc Sinh Group also wants to raise more capital to develop factories, and also call for additional capital specifically for the K-Coffee coffee chain. However, we only accept financial investment and do not need strategic investors,” he said. Established in 2001, Phúc Sinh Group is one of the leading exporters of pepper, coffee and agricultural products in the country. In the spice industry, the company has been leading since 2007.A recent report from SFV-Export (the project to strengthen export capacity for small and medium enterprises in Việt Nam’s spices, vegetables and fruits industry) showed that Phúc Sinh is the largest exporter of Vietnamese spices to the EU, with 15.1% market share, a sharp increase from 8.4% in 2022. ]]> https://agrospectrumasia.com/news/188/1684/thailand-to-open-3-learning-centers-agricultural-tourism-sites-and-agricultural-product-sales-points-in-2024.html https://agrospectrumasia.com/news/188/1684/thailand-to-open-3-learning-centers-agricultural-tourism-sites-and-agricultural-product-sales-points-in-2024.html Wed, 03 Jan 2024 11:12:34 +0530 Aims to build resilient agriculture ecosystem Pramote Yajai, Director-General of the Department of Land Development, revealed that the Department of Land Development Together with agencies under the Ministry of Agriculture and Cooperatives. Department is organizing 3 big activities under the project "Sending a happy new year given to farmers Ministry of Agriculture and Cooperatives for the year 2024” consists of 1. Giving gifts to Thai farmers to have food to eat, use, and have sufficient income 2. Increase happiness in the new year. Travel around Thailand Be happy with the Ministry of Agriculture and Cooperatives 3. Enhance your energy in the new year. Selling products at special prices Quality agricultural products during this New Year festival Department of Land Development Has opened a center to welcome tourists to visit agricultural tourist attractions and various agricultural learning centers, providing free admission. There is also a soil analysis service launched with better access to the farmers. This will allow farmers to improve soil before planting crops and using fertilizers effectively by making them aware of the importance of soil analysis. Farmers can request simple soil testing services by volunteer soil doctors across the country with Soil Test Kits through the Soil Test Soil Testing application. Results can be obtained quickly within 1 day or through a thorough soil examination at 13 laboratories across the country.  The Land Development Department is ready to serve every province across the country during the New Year festival until January 31, 2024. ]]> https://agrospectrumasia.com/news/188/1657/china-vietnam-to-strengthen-billion-dollar-trade-partnership-through-opening-market-for-vn-fruits.html https://agrospectrumasia.com/news/188/1657/china-vietnam-to-strengthen-billion-dollar-trade-partnership-through-opening-market-for-vn-fruits.html Fri, 22 Dec 2023 11:07:44 +0530 Export revenue would surpass $6 billion and even reach $7 billion in 2024, As China is opening its market for some Vietnamese fruits, it will bring billions of dollars in exports next year and help Việt Nam’s fruit and vegetable industry to set new records. Đặng Phúc Nguyên, general secretary of the Việt Nam Vegetable and Fruit Association, forecast that the export revenue would surpass $6 billion and even reach $7 billion in 2024, providing a significant momentum for Việt Nam to become a global food powerhouse. The industry is on track to hit a milestone of $5.5 billion this year, after posting an increase of 70 per cent in the first 11 months to reach $5.2 billion. This means that the industry finishes two years earlier than the target set by the Ministry of Agriculture and Rural Development, at a $5 billion export value by 2025.China remains the largest importer of Việt Nam’s fruits and vegetables with a value of $3.4 billion in January – November, a dramatic increase of 149 per cent over the same period last year and accounting for 65.4% of Việt Nam’s total fruits and vegetables export value. The increase is largely driven by the soar in the durian export after China approved the official export of this fruit in July 2022. Exporters are expecting a durian export value of $2.3 billion this year after earning $2.1 billion in the first 11 months, from a modest value of $300 million last year. Following the recent visit to Hà Nội by Party General Secretary and President Xi Jinping, China is set to import more fruits from Việt Nam, as part of the effort to boost bilateral trade. During the visit, the two countries established a protocol to officially import fresh watermelon, bringing the total number of farm produce approved for official export to China to 14, which also include dragon fruit, longan, rambutan, mango, jackfruit, banana, mangosteen, lychee, black jelly, passion fruit, durian, sweet potato, and bird’s nest. Bilateral Trade Coperation: The two countries are actively promoting the signing of protocols for official exports of more Vietnamese fruits, such as coconuts, avocado, custard apple and frozen fruits, which are expected to bring billions of dollars to Việt Nam’s exports. According to Nguyên, Việt Nam’s export of watermelon to China might double to $50-60 million in 2024, thanks to the protocol. Statistics of the Plant Protection Department showed that to date, 162 watermelon growing areas and more than 1,000 packaging facilities in 38 provinces has been granted codes for official export to China. Nguyên said that when China opens markets for other farm products, Việt Nam’s fruits and vegetables export could increase by billions of dollars, forecasting a new record high export value next year. Nguyên said Việt Nam has advantages to increase the export of fruits and vegetables to China which spends around $15 billion every year buying fruits and vegetables from other countries, including Thailand, Chile and Việt Nam. Exporters hope that more protocols for official exports of farm produce will be signed after the Chinese leader’s visit to Hà Nội. Nguyễn Minh Tiến, director of the Trade Promotion Centre for Agriculture, said there is untapped potential for Vietnamese fruits and vegetables export to China, given this market’s enormous demand for fresh fruits such as durian and mango. Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến said that Việt Nam’s agro-forestry-fishery export to China increased by 18 per cent this year thanks to the signing of protocols in 2022, which opened the door for official exports of many types of farm produces, coupled with China’s removal of Zero-COVID policies which unleashed this market’s enormous consumption demand.With a population of more than 1.4 billion and a rising middle class, China is a huge market for high-quality farm products of Việt Nam. “Việt Nam’s export of farm produces to China currently accounts for less than 5 per cent of China’s import, meaning that the room to increase exports remains huge. The Chinese leader’s visit to Hà Nội is expected to give a boost to the bilateral trade of agricultural products between the two countries. To tap the potential, Việt Nam must focus on improving the quality of farm produce, meeting requirements and establishing trust, Tiến said. Tiến said that the ministry would increase negotiations with China for official exports of more agricultural products with standardised quality, packaging, ensure food hygiene and safety and traceability, and put under Vietnamese brands. There are changes in the way Chinese enterprises do trade with Vietnamese enterprises, switching away from unofficial trade, Ngô Thị Thu Hùng, general director of food exporter Ameji Việt Nam said. She said that Chinese importers have higher requirements for not only product quality and origin traceability but also governance and financial capacity of trade partners, urging Vietnamese exporters to make preparations for the changes. ]]> https://agrospectrumasia.com/news/188/1653/chinas-hainan-exports-over-5-15mn-tropical-fruits.html https://agrospectrumasia.com/news/188/1653/chinas-hainan-exports-over-5-15mn-tropical-fruits.html Fri, 22 Dec 2023 10:06:09 +0530 The tropical fruits have been exported to the United States, the European Union, and Japan South China's Hainan Province exported tropical fruits worth 36.77 million yuan ($5.15 million), a 2.4-fold increase year-on-year, according to the Xinhua news agency. According to Haikou Customs, the tropical fruits have been exported to the United States, the European Union, Japan, etc. Among the exported fruits, seedless lychee was sent for the first time to Thailand and the United Arab Emirates. Tropical fruits from Hainan, such as mangos, lychees, and melons have been selling well worldwide in recent years. Sanya's mango industry is the largest tropical fruit sector. With a planting area of more than 360,000 mu (24,000 hectares), the mango industry in Sanya has an annual output value of about 6 billion yuan.  ]]> https://agrospectrumasia.com/news/188/1624/malaysias-tropical-palm-oil-industry-grew-to-be-the-worlds-second-biggest-exporter-by-q4-2023.html https://agrospectrumasia.com/news/188/1624/malaysias-tropical-palm-oil-industry-grew-to-be-the-worlds-second-biggest-exporter-by-q4-2023.html Fri, 15 Dec 2023 08:30:23 +0530 Malaysian palm oil futures will likely trade between RM3,650 and RM3,900 in the short term due to the current supply and demand situation The second largest exporter of palm oil in the world, Malaysia increased its stockpiles of tropical oil. For a seventh consecutive month, Malaysian palm oil stocks grew to their highest level since April 2019 as production outpaced exports of the tropical palm oil. Inventories rose about 1.2% in November from a month earlier to 2.48 million tonnes, according to the median of 11 estimates in a recent survey of traders, analysts and plantation executives. In comparison to a year ago, that's an increase of around 8%. Yet, Crude palm oil output fell about 6.2% to 1.82 million tonnes, the survey showed, the first monthly drop since June. Experts indicate that production was still bigger than November’s forecast for exports at 1.52 million tonnes – a 3.4% gain from October 2023. The outlook for higher stockpiles has added bearish sentiment to the market, said Gnanasekar Thiagarajan, the head of trading and hedging strategies at Kaleesuwari Intercontinental. This can be attributed to demand drop during winter. Palm oil tends to solidify in colder weather, prompting consumers to look for alternative cooking oils. Marcello Cultrera, director at Singapore-based Apricus 8 Pte, predicts that, “Malaysian palm oil futures will likely trade between RM3,650 and RM3,900 in the short term due to the current supply and demand situation”. In 2024, palm oil prices are expected to be capped, with El Nio's late arrival having little impact on production, and other oilseeds are likely to see record supplies despite Brazil's weather challenges. ]]> https://agrospectrumasia.com/news/188/1589/vietnam-cashew-export-reaches-3-31-billion-for-fy2023.html https://agrospectrumasia.com/news/188/1589/vietnam-cashew-export-reaches-3-31-billion-for-fy2023.html Wed, 06 Dec 2023 10:48:54 +0530 Vietnam ITPC has reported that Vietnamese cashew exports during the 11-month period of 2023 has raked in $3.31 billion, representing a rise of 23.1% in volume and 17.4% in value compared to the same period from last year, according to data given by the Ministry of Industry and Trade. The nation’s average cashew export price throughout the reviewed period dropped by 4.7% to $5,682 per tonne on–year. In line with this, the country’s major cashew export items include W320, W240, and W180, accounting for 63.51% of the total export volume and 69.84% of export turnover, with this exerting a positive impact on the entire cashew industry. The United States remained the largest consumer of Vietnamese cashew nuts during the past 10 months of the year, while China has since emerged as an active buyer. Specifically, China spent more than $522.3 million importing 85,307 tonnes of cashew nuts, up 43.1% in volume and 47.2% in value over the same period from last year. The average export price to this market surged by 2.8% to reach $6,123 per tonne against the same period from last year. Due to both internal and external difficulties, the Vietnam Cashew Association (VINACAS) has recently proposed adjusting cashew export turnover this year to $3.05 billion. Although the import demand for cashew nuts from both the US and EU markets during the year-end holidays will push up Vietnamese cashew export turnover in the final months of the year, cashew exports cannot regain the record mark this year, according to experts. Industry insiders assessed that local cashew nut is facing fierce competition from African countries such as the Ivory Coast. They pointed out that the cashew industry needs to focus on processing quality and diversity of processed cashew products in order to make the most of its competitive advantage, as well as improving product quality to avoid warnings of pesticide residues from major importers like the US and Europe. ]]> https://agrospectrumasia.com/news/188/1582/vietnams-rice-prices-hit-new-high-of-663-per-ton-in-global-market.html https://agrospectrumasia.com/news/188/1582/vietnams-rice-prices-hit-new-high-of-663-per-ton-in-global-market.html Wed, 29 Nov 2023 11:19:42 +0530 According to Vietnam's ITPC, broken rice export prices continue to rise, reaching a new high of $663 per tonne. The global rice supply is predicted to fall by 3.6 million tons next year over the previous crop. In addition, Vietnam Food Association (VFA) reports that, after many days of hovering around $653 per ton, Vietnam’s five percent broken rice export price increased by $10 per ton on November 21 to $663, officially hitting a new peak. As such, the five percent broken rice price has increased by $190 per ton, or 40.2 percent compared with February 1. Vietnam’s price is $78 per ton higher than Thailand’s and $85 more than Pakistan’s.  Meanwhile, Vietnam’s 25 percent broken rice price has been standing high at $648 per ton, higher by $107 per ton than the same kind of product of Thailand, and $152 than Pakistan. The General Department of Customs (GDC) reported that as of November 15, Vietnam had exported 7.4 million tons of rice, worth $4.16 billion, the highest level since 1989. Rice has become the fourth biggest export turnover among farm produce. The three others are woodwork, seafood, and vegetables and fruits. The Ministry of Agriculture and Rural Development (MARD) estimated that Vietnam’s rice exports may reach 8 million tons this year and have revenue of $4.5 billion. Experts believe that the world rice market will continue to be busy in the last months of the year and early 2024 because of shortages. The rice prices are expected to stay at high levels and won’t fall below $640-650 per ton. However, they warned that there are risks. As rice prices have risen, enterprises are not stockpiling rice products. Vietnam also may lose partners because the high prices will make products less competitive. The US Department of Agriculture has raised its predicted rice consumption in 2023-2024 by 1.6 million tons to 525.2 million. India consumption is believed to be higher following the government’s decision on expanding food support programs. The total rice supply around the globe in 2023-2024 is estimated at 692.6 million, or 1.6 million higher than the initially predicted level, but 3.6 million tons lower than the 2022-2023 crop. If so, this will be the second consecutive year to witness global supply falls. The decreases in the global supply in the 2023-2024 crop compared with the previous crop is the result of the decrease in beginning inventory of 8 million tons to 174.8 million, higher than the increase in global rice output of 4.4 million tons. Pham Quang Dieu, a rice expert, has warned that Vietnam’s stockpile in 2024 will be thin, and recommended that exporters be very cautious when signing contracts with late deliveries. ]]> https://agrospectrumasia.com/news/188/1501/vietnam-to-sign-rice-trade-deals-with-indonesia-philippines.html https://agrospectrumasia.com/news/188/1501/vietnam-to-sign-rice-trade-deals-with-indonesia-philippines.html Wed, 25 Oct 2023 07:01:58 +0530 Vietnam exported 2.4 million tons of the grain worth nearly $1.5 billion to the Philippines in the FY2023 representing a 20% increase year-on-year Vietnam is set to sign rice export agreements with Indonesia and the Philippines. During separate meetings with Indonesian President Joko Widodo and Philippine President Ferdinand Marcos Jr. at the ASEAN-Gulf Cooperation Council Summit in Saudi Arabia, Vietnam Prime Minister Pham Minh Chinh said that relevant ministries and sectors would be encouraged to speed up the signing.  The Philippines is Vietnam's biggest rice market, and has started importing again after nearly a month’s suspension due to its imposition of domestic price caps. On October 4, the Philippines lifted the ceiling prices for conventionally milled and well-milled rice varieties. In the first nine months of this year, Vietnam exported 2.4 million tons of the grain worth nearly $1.5 billion to the Philippines, the latter representing a 20% increase year-on-year. Earlier this year Indonesia invited bids for supplying 500,000 tons of rice, including from Vietnam. It imported 871,000 tons from Vietnam in the first nine months, 16 times the volume in the same period last year. Data from the Ministry of Agriculture and Rural Development shows Vietnam earned nearly $3.7 billion from rice exports in the first nine months, up 40.4%. The average rice price was 14% up at $553 per ton, occasionally climbing to nearly $650. Besides rice, Chinh and Marcos also agreed that the two countries should create favorable conditions for increased bilateral trade to soon take it to $10 billion. Chinh and Widodo promised to increase trade in agricultural products and promote early ratification of an agreement between the two governments for delimitation of their exclusive economic zones ]]> https://agrospectrumasia.com/news/188/1494/australia-injects-50m-to-establish-biosecurity-treatment-facility-to-boost-horticultural-exports-in-sa.html https://agrospectrumasia.com/news/188/1494/australia-injects-50m-to-establish-biosecurity-treatment-facility-to-boost-horticultural-exports-in-sa.html Mon, 23 Oct 2023 11:29:13 +0530 The state-of-art post-harvest treatment facility will provide inspection, quarantine and treatment of fruit and vegetable produce The Australian and South Australian Governments, along with the South Australian Produce Market, are investing $50 million in developing a biosecurity facility, based in Pooraka, in Adelaide’s northern suburbs. A state first for South Australia, the post-harvest treatment facility will provide inspection, quarantine and treatment of fruit and vegetable produce which is vital for exporting SA’s produce globally. The facility will use pressure cooling and treatment technology and will be the largest-scale multi-treatment and inspection facility in South Australia. Built on the site of the SA Produce Market at Burma Road, Pooraka, the facility will play a vital role in protecting and expanding the state’s growing $1.4 billion horticultural industry.  Once completed the project will unlock an additional $119M in fresh produce exports over a 5-year period creating 172 direct and indirect on-going jobs and assist in cost reduction for the state’s primary producers. With construction commencing in February 2024, this new biosecurity precinct will provide for a more sustainable alternative and has the ability to increase shelf life of fresh produce for export purposes. Currently South Australian producers are required to send their produce to Victoria or Queensland for treatment. This new facility is set to reduce those transport costs and improve profitability for SA producers, which in turn will lower product wastage and help reduce the cost of produce at the supermarket. The project will establish a post-harvest treatment service with pressure cooling and treatment technology, both of which are required to enable export of South Australian produce to more overseas destinations. SA growers have previously faced challenges in selling to certain markets in times of fruit fly outbreaks. In 2020 and 2021 SA had a Med Fly outbreak in metropolitan Adelaide and is currently experiencing a prolonged Q-Fly outbreak in parts of the Riverland. There are restrictions within Australia and export countries on what produce is allowed to enter each state or country based on what pests and diseases are prevalent in the region where the fruit is grown. With the current Q-fly outbreak in the Riverland, produce cannot be sent from the Riverland to other parts of South Australia, Tasmania, or WA where Q-fly does not have a presence, unless it is treated. The new biosecurity precinct will ensure produce coming from the fruit fly impacted areas within the State are able to be inspected, quarantined, and treated if required before produce is distributed overseas and to retailers across SA, WA, and NT. The facility will also support and grow key industries identified by the State Government such as health and medical.  There are restrictions within Australia and export countries on what produce is allowed to enter each state or country based on what pests and diseases are prevalent in the region where the fruit is grown. With the current Q-fly outbreak in the Riverland, produce cannot be sent from the Riverland to other parts of South Australia, Tasmania, or WA where Q-fly does not have a presence, unless it is treated. The new biosecurity precinct will ensure produce coming from the fruit fly impacted areas within the State are able to be inspected, quarantined, and treated if required before produce is distributed overseas and to retailers across SA, WA, and NT. ]]> https://agrospectrumasia.com/news/188/1471/vietnam-foresees-4-2-billion-revenue-from-coffee-export-by-2023-end.html https://agrospectrumasia.com/news/188/1471/vietnam-foresees-4-2-billion-revenue-from-coffee-export-by-2023-end.html Tue, 17 Oct 2023 11:21:36 +0530 Rice, coffee, cashews, and durian are just a few of the agricultural products that have experienced record export revenues The export revenue of many agricultural products, such as rice, coffee, cashew, and durian, has reached record levels, brightening the export picture for Vietnam. According to the Ministry of Agriculture and Rural Development, Vietnam is likely to export about 1.7 million tonnes of coffee in the whole year to earn a record revenue of $4.2 billion. In the first eight months of 2023, Vietnam exported an impressive volume of nearly 396,000 tonnes of cashew nuts for $2.3 billion, up 15.5% and 11.3%, respectively over the same period last year. As of the end of August 2023, Vietnam exported 6 million tonnes of rice for nearly $2.3 billion, equivalent to that recorded in the whole 2022. In the field of fruits and vegetables, along with the “rising star” of durians which have enjoyed an export revenue of more than $1 billion in only eight months, many other products are promising good growth in the remaining months of the year and even next year. Vietnam’s fruit and vegetable exports are expected to reach $5 billion, a new record in the sector. ]]> https://agrospectrumasia.com/news/188/1470/australia-launches-new-interactive-grape-price-indicators-dashboard-for-winegrape-industry.html https://agrospectrumasia.com/news/188/1470/australia-launches-new-interactive-grape-price-indicators-dashboard-for-winegrape-industry.html Mon, 16 Oct 2023 11:12:51 +0530 With the investment of $AU1 million dashboard helps farmers to avail greater price transparency for informed decision making as per the market trends Australia has launched a new tool to increase price transparency in the winegrape industry that is set to be a great benefit for producers and consumers. The practical tool would meet growers’ needs for greater price transparency. Minister for Agriculture, Fisheries and Forestry Murray Watt formally launched the new interactive Grape Price Indicators dashboard during his address to the Rural Press Club of Victoria. The dashboard, which brings together 12 different data sources and displays 21 charts in a user-friendly layout, gives a clear picture of the future direction of commercial winegrape prices. “This tool will provide growers with relevant and easily accessible market information, helping to redress the power imbalances that have traditionally existed in the winegrape and other perishable-goods supply chains. The dashboard will provide them with the tools and insights they need to make informed business decisions” Minister Watt said. The dashboard project, part of a $1 million investment from the Federal Government, has been delivered by Wine Australia and overseen by a consortium comprising Australian Grape & Wine, the Inland Wine Regions Alliance and Wine Australia. Wine Australia CEO Dr Martin Cole said that the design of the dashboard was a result of a significant co-design and consultation process with the inland growers and their representatives. The consortium will now work with grape growers across the sector so everyone is best placed to begin using it. The dashboard complements other elements of the project funding, including a digital online analytics platform, and independent winegrape price forecasts to help growers and the wine industry better understand their market and price transparency issues. ]]> https://agrospectrumasia.com/news/188/1452/vietnam-opens-a-special-port-to-create-a-new-gateway-for-export-and-import.html https://agrospectrumasia.com/news/188/1452/vietnam-opens-a-special-port-to-create-a-new-gateway-for-export-and-import.html Mon, 09 Oct 2023 10:44:46 +0530 Mekong Delta region has become key agricultural region of the country with many key products, especially rice, shrimp, fish and fruits. Vietnam's Tran De Seaport in Soc Trang province is planned and invested as a special port to quickly transfer goods from the Mekong Delta to the world. The Mekong Delta region has an important strategic role and position in the development of the economy, culture, society, defense and security of the whole country. In recent times, the region’s socioeconomic achievements have achieved comprehensive results, becoming a key agricultural region of the country with many key products, especially rice, shrimp, fish and fruits. However, the country’s “agricultural product basket” has not developed according to its potential. Transportation infrastructure is limited and lacking in uniformity and lacking linkages between different modes of transport. In particular, the scale and capacity of waterway transport remain low with no major ports or large logistics centres. More than 70 per cent of the Mekong Delta’s import and export goods must be transported by road to the Ho Chi Minh City port cluster. This has increased transportation costs and affected the quality of goods, and created pressure on road traffic. For a long time, shipments have been focused on being transported from Soc Trang to Cat Lai and Cai Mep ports, for export. This route is long and has very high traffic density, taking time and creating high costs for businesses. Therefore, investing in the construction of Tran De Seaport urgent to quickly remove bottlenecks and support operations for businesses, including reducing costs and risks, and increasing reliability with partners in goods delivery and further promoting the socioeconomic development of the entire region. According to Le Tan Dat, deputy general director of Maritime Construction Consulting JSC, the development of Tran De Seaport will affect the movement of direct import and export goods volume of 8 out of 13 Mekong Delta cities and provinces. In addition, it will attract goods from other ports in the Mekong Delta region as well. ]]> https://agrospectrumasia.com/news/188/1434/south-korea-to-receives-philippines-hass-avocados.html https://agrospectrumasia.com/news/188/1434/south-korea-to-receives-philippines-hass-avocados.html Tue, 03 Oct 2023 10:42:02 +0530 Philippines Department of Agriculture-Bureau of Plant Industry (DA-BPI), through the National Plant Quarantine Services Division (NPQSD), commenced exports of Fresh ‘Hass’ Avocados with a ceremonial send-off at the KTC Port Tibungco, Davao City on September 30, 2023. DA-BPI Assistant Director for Regulatory Services Ruel C. Gesmundo, DA-Region XI Director Abel James Moteagudo, Dole Philippines Senior Vice President and Stanfilco Division General Manager Tetsuya Kitae, led the ceremony. The initial shipment of 3,040 boxes, with an estimated value of $ 48,433, is expected to arrive in Pyongtaek Port, South Korea on October 8, 2023. It was on September 25, 2009, when the Philippines, through the Bureau of Plant Industry (BPI), officially expressed its intent to export fresh Hass avocado fruits to Korea, responding to the request of Dole Philippines. The Department of Animal and Plant Quarantine Agency (APQA) of the Republic of Korea and DA-BPI have reached a historic agreement on June 19, 2023 and came into effect as of September 8, 2023. This marks the beginning of a fruitful trade relationship between the two nations as the people of South Korea can finally taste the creamy and nutrient-rich Hass avocados from the Philippines. This marks the beginning of a fruitful trade relationship between the two nations as the people of South Korea can finally taste the creamy and nutrient-rich Hass avocados from the Philippines. . ]]> https://agrospectrumasia.com/news/188/1387/vietnam-prepares-to-export-durian-to-india-expanding-beyond-its-24-global-markets.html https://agrospectrumasia.com/news/188/1387/vietnam-prepares-to-export-durian-to-india-expanding-beyond-its-24-global-markets.html Wed, 13 Sep 2023 11:16:45 +0530 Vietnam's Export revenue from durian products alone was over $1.2 billion in 2022 Vietnam's Plant Protection Department under the Ministry of Agriculture and Rural Development (MARD) is completing procedures to facilitate the export of Vietnamese durian to India, updated the deputy director of the department Nguyen Thi Thu Huong. According to the official, Vietnamese fresh durian is exported to 24 markets, and the frozen fruit to 23 markets. In the first eight months of this year, Vietnam exported over 300,000 tonnes of fresh durian.According to the MARD, in the period under review, the export of fruit and vegetables reached $3.45 billion, an increase of 57.5% over the same period last year. Export revenue from durian products alone was over $1.2 billion, accounting for 30% of the total turnover and nearly three times that of the whole of last year ($420 million). The strong export growth in the second quarter of 2022 is a result of the signing of a protocol on plant quarantine requirements for fresh durian exports from Vietnam to China. Currently, Vietnamese durian is exported mainly to China. Vietnam has 422 growing areas and 153 packaging facilities eligible to export the fruit to China. Other 64 growing areas and 15 packaging facilities are completing procedures to have Chinese authorities to grant codes for the export. In addition, more than 600 growing area codes and 50 packaging facilities will apply for codes for the export of durian to China. ]]> https://agrospectrumasia.com/news/188/1349/vietnams-coconut-export-to-reach-1-billion-in-2025.html https://agrospectrumasia.com/news/188/1349/vietnams-coconut-export-to-reach-1-billion-in-2025.html Thu, 31 Aug 2023 11:15:44 +0530 At the end of 2022, coconut export turnover was over $700 million According to a recent analysis by Vietnam Investment and Trade promotion center, the country's coconut export are expected to reach $1 billion in 2025 after the US and China agree to allow Vietnamese coconuts to enter the two markets. President of the Vietnam Coconut Association Nguyen Thi Kim Thanh., explains that as the US is about to open the market for Vietnamese coconuts and China allows official coconut import, local businesses are trying to develop raw material areas, apply for growing areas codes, and register to build organic material zones to meet the needs of the world market. “At the end of 2022, coconut export turnover was over $700 million. But based on the momentum of the US and China agreeing to import Vietnamese coconuts, around the end of 2024 and early 2025, coconut export turnover will be up to 1 billion USD,” Thanh said. In the past, there were not any plans for coconut areas. However, in 2021, the fruit was listed as one of Vietnam’s key industrial crops, especially in the context of climate change. According to Thanh, about 20 large enterprises in the country have exported coconuts to the world. Up to 35 countries and territories are Vietnam’s importers. Luu Van Phi, Director of the Department of Industry and Trade of the southern province of Tien Giang, said the province is home to over 35,000 ha of coconut, mainly in the districts of Go Cong Tay, Cho Gao, My Tho, and Tan Phu Dong. The export of coconut to the US will help raise the price of the fruit, improving the income of farmers, thus helping them feel secure to invest in coconut farming, Phi said. He noted that a coconut is priced at 3,000-4,000 VND ($0.12-0.17) at farms but consumers in Ho Chi Minh City have to pay 20,000 VND. ]]> https://agrospectrumasia.com/news/188/1337/thailand-extends-rice-export-alliance-with-japan.html https://agrospectrumasia.com/news/188/1337/thailand-extends-rice-export-alliance-with-japan.html Mon, 28 Aug 2023 11:00:02 +0530 Thailand exports about 290,000 - 310,000 tons of rice to Japan per year, taking a 46.74% share of the rice market in Japan. Department of Foreign Trade led Thai Rice Exporters Association to visit Japan at the end of August 2023 to strengthen relations with government and private sectors involved in Japanese rice products and build confidence in the quality of Thai rice standards As a rice exporter with international quality and standards. The Department will lead the Thai Rice Exporters Association to meet with the Ministry of Agriculture. Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF), the body that oversees rice auctions. and determine the amount and type of rice to be imported into Japan To strengthen relations and exchange information on rice trade situations, policies, problems - obstacles, and solutions to promote rice trade between each other. which will benefit both parties. The MAFF is a Japanese government agency with strong ties to the Department. and the Thai Rice Exporters Association In the past, there was a delegation travel to meet each other every year Even during the COVID-19 epidemic, the Department held meetings with MAFF and the Thai Rice Exporters Association via Zoom Meeting system . MAFF on the occasion of visiting Thailand In addition, it is also scheduled to bring the Thai Rice Exporters Association to meet with Overseas Merchandise Inspection Company (OMIC) to discuss quality inspection of Thai rice to Japan. To promote the export of Thai rice to Japan and build confidence in the quality of Thai rice standards, OMIC is a rice quality inspection agency assigned by the Ministry of Health, Labor and Welfare (MHLW) of Japan to inspect the quality of rice to be exported to Japan.  The Director-General of the Department of Foreign Trade further revealed that Japan is a country with close ties as an ally important to Thai rice trade Each year. Thailand exports about 290,000 - 310,000 tons of rice to Japan per year, taking a 46.74% share of the rice market in Japan. About 96% of Thai rice exported to Japan is white rice, and the rest is glutinous rice. Thai white rice and Thai jasmine rice are the top two exports from Thailand to Japan in 2023. In addition to maintaining the Thai rice market in Japan, it will help build confidence in the quality and standard of Thai rice. ]]> https://agrospectrumasia.com/news/188/1321/vietnam-is-permitting-210-businesses-to-export-rice-to-reach-2-67-m-tonnes-by-end-of-2023.html https://agrospectrumasia.com/news/188/1321/vietnam-is-permitting-210-businesses-to-export-rice-to-reach-2-67-m-tonnes-by-end-of-2023.html Wed, 23 Aug 2023 09:40:49 +0530 Vietnam exported 4.83 million tonnes of rice untill August 2023 The Vietnam Ministry of Industry and Trade has announced the list of 210 businesses that are eligible to export rice. Ho Chi Minh City is the locality with the largest number, 47. According to the ministry, in the first seven months of this year, Vietnam exported 4.83 million tonnes of rice. The country plans to export about 2.67 million tonnes in the remaining five months of the year. Meanwhile, the prices of exported rice have been increasing. According to the Vietnam Food Association (VFA), the country offered the prices of $628-632 per tonne of 5% broken rice on August 17, an increase of $5 per tonne from the previous day. The price of 25% broken rice also increased from $603-607 per tonne to $608-612 per tonne.  On August 17, Vietnam’s 5% broken rice and 25% broken rice was $15 and $47 per tonne higher than Thailand’s, respectively. To create the best conditions for rice export activities, the ministry is urgently seeking opinions to amend and supplement the Government’s decree on the rice exporting business. On August 15, 2023, another circular was issued on strengthening market information, promoting trade, developing rice exporting markets, and stabilizing the domestic market. After major rice-producing and rice-exporting countries adjusted production and exports effectively, units, local departments of Industry and Trade, the Vietnam Food Association, and traders were asked to implement solutions. ]]> https://agrospectrumasia.com/news/188/1303/vietnam-industry-trade-ministry-issues-directive-on-rice-export-supply-stabilisation.html https://agrospectrumasia.com/news/188/1303/vietnam-industry-trade-ministry-issues-directive-on-rice-export-supply-stabilisation.html Wed, 16 Aug 2023 11:07:39 +0530 Vietnam's Ministry of Industry and Trade (MIT) on August 15 issued a directive on developing rice export markets and stabilising the domestic market amidst unpredictable changes in the global rice market to implement the Prime Minister’s instruction on promoting rice production and sustainable export, ensuring national food security. Accordingly, the MIT has instructed the market management sector to closely monitor rice prices to ensure balance of export and domestic consumption, inspect supply sources and selling prices to prevent speculation and price manipulation, as well as prevent the transportation and trading of rice of unclear origin and strictly deal with any violations of regulations on rice trade and export under Decree 107/2018/ND-CP dated August 15, 2018. The Department of Import-Export under the ministry is assigned to urgently finalise a decree adjusting and supplementing Decree 107/2018/ND-CP to submit to the Government within the third quarter. Vietnam exported 4.84 million tonnes of rice valued at $2.58 billion in 2023 up until, with an increase of 29.6% from the corresponding time last year. The national rice output is expected to reach from 43.2-43.4 million tonnes this year, up 1.8-2% from 2022. With the current production situation, the country is likely to meet domestic consumption and export from 7-7.5 million tonnes. Rice prices in Vietnam’s Mekong Delta region in late July reached a 10-year high after India banned the export of non-basmati white rice. The MIT also directed the department to roll out the rice export market development strategy till 2030 which was approved by the Prime Minister in May, and collaborate with the Vietnam Trade Promotion Agency, Vietnam Trade Offices abroad and the VFA to launch trade promotion, popularise rice products and expand markets The Minister advised rice exporters to follow regulations on making periodic reports and maintain a minimum reserve level while working with the VFA to develop production and trade plans, join market stabilisation programmes, contributing to national food security. ]]> https://agrospectrumasia.com/news/188/1267/japan-becomes-largest-importer-of-vietnamese-seafood-in-q2-2023.html https://agrospectrumasia.com/news/188/1267/japan-becomes-largest-importer-of-vietnamese-seafood-in-q2-2023.html Mon, 07 Aug 2023 10:41:36 +0530 VASEP reports $713 million worth import by Japan in second quarter surpassing United States Japan has surpassed the United States to become the leading importer of Vietnamese aquatic products during the second quarter of the year, raking in $713 million, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). VASEP statistics indicate that among the major export markets, seafood exports to the US during the first half of this year plummeted by 46% to $706 million. The slump is attributable to large inventories of shrimp and pangasius in the market, along with rising inflation, leading to decrease in import demand and consumption demand. Among the top eight main markets, export value to Japan saw the lowest decrease at 11% due to the proportion of value-added and processed goods exported to the Far East nation being higher than that of other countries. China remained the third largest consumer of Vietnamese seafood with a turnover of $636 million, duly accounting for over 15% of Vietnam’s total seafood export value. According to the latest VASEP data, China, including Hong Kong, made up the largest import market in the first half of this year, purchasing $716 million worth of seafood from Vietnam. Experts point out that seafood exports to the main markets tend to increase gradually over the months, reaching their highest levels in May, before falling slightly in June. This is a trend that is typical of Japan, the US, China, and the EU. Meanwhile, six-month seafood exports to the EU brought in $459 million, representing a fall of 33% against the same period last year and accounting for 11% of Vietnamese seafood export turnover. Seafood exports to the Republic of Korea throughout the reviewed period fetched $357 million, down 21% year on year. ]]> https://agrospectrumasia.com/news/188/1136/china-africa-agri-trade-up-by-25-per-cent-in-2023.html https://agrospectrumasia.com/news/188/1136/china-africa-agri-trade-up-by-25-per-cent-in-2023.html Wed, 05 Jul 2023 02:16:00 +0530 China has become the second-largest destination for African agricultural exports China’s agricultural import from African nations has reached 16. 15 billion yuan in the first five months increased by 25.5 per cent from a year ago, according to the General Administration of Customs. Africa's agricultural exports to China have grown rapidly, and China has become the second-largest country for African agricultural exports. Agricultural trade between China and Africa increased from 33.3 billion yuan ($ 4.6 billion dollars) in 2012 to 58.6 billion yuan in 2022, with an average annual growth rate of 5.8 per cent. In the first five months of this year, the trade volume jumped 20.4 per cent year on year to reach 26.6 billion yuan. African aquatic products, honey, sesame, peanuts, tobacco, wool, cotton, soybeans, coffee and fruits are stably exported to China. According to China’s Agricultural Ministry, a few days ago, 315 kilograms of dried wild anchovies from Kenya arrived at Changsha Huanghua International Airport. Changsha Huanghua Airport Customs implemented inspection and quarantine in accordance with regulations and issued an entry inspection and quarantine certificate for this batch of dried anchovies and went through customs clearance and release procedures. This is the first time that China has imported wild anchovy products from Kenya.  Kenya is rich in marine fishery resources, especially anchovies and other small fish species in the offshore area of ​​Mombasa, with high quality and obvious advantages in fishing and production costs. Related Chinese enterprises will further expand the sources of goods in Tanzania, Somalia and other countries in the future, not only supplying high-quality food raw materials to the country but also promoting the development of aquatic product processing industries in Kenya and other countries, providing jobs for local residents. Huang Caixin, director of the Import and Export Food Safety Department of Changsha Customs, introduced that Kenyan dried anchovies are another African product that Changsha Customs participated in promoting access to, which will help Hunan build a distribution and processing trade centre for non-resource-based products in Africa and will also help promote more The import of high-quality food and agricultural products from Africa will enrich the choices of domestic consumers and promote the development of China-Africa trade. China and African countries also proposed the establishment of a liaison mechanism for sanitary and phytosanitary (SPS) cooperation to strengthen the docking of inspection and quarantine standards and rules, which is key to facilitating African exports of agricultural and food products to China. More than 180 Chinese and foreign representatives attended the China-Africa Sanitary and Phytosanitary Cooperation Forum held in Changsha. Shraddha Warde shraddha.warde@mmactiv.com ]]> https://agrospectrumasia.com/news/188/1094/chinas-foreign-trade-of-agricultural-products-up-in-jan-april.html https://agrospectrumasia.com/news/188/1094/chinas-foreign-trade-of-agricultural-products-up-in-jan-april.html Fri, 23 Jun 2023 08:11:01 +0530 Exports of agri products rose 6.4 per cent to $31.74 billion, while imports went up 11.2 per cent to $79.97 billion China's foreign trade of agricultural products maintained the trend of expansion in the first four months of this year, with the total value up 9.7 per cent year on year to $111.71 billion dollars, official data showed.  Breaking it down, exports of those products rose 6.4 per cent to $31.74 billion, while imports went up 11.2 per cent to $79.97 billion, according to the Ministry of Agriculture and Rural Affairs.  The trade deficit hit $48.23 billion in the January-April period, up 14.6 per cent year on year, the data revealed.  ]]> https://agrospectrumasia.com/news/188/1089/taiwan-urges-china-to-discuss-cross-strait-agricultural-products-quarantine-inspection-cooperation-agreement.html https://agrospectrumasia.com/news/188/1089/taiwan-urges-china-to-discuss-cross-strait-agricultural-products-quarantine-inspection-cooperation-agreement.html Thu, 22 Jun 2023 15:28:11 +0530 China resumes imports of sugar apples from Taiwan after two years Taiwan’s Council of Agriculture (COA) is satisfied with the decision and urged China to communicate and discuss quarantine regulations on the platform of the ‘Cross-Strait Agricultural Products Quarantine Inspection Cooperation Agreement’ regarding the agricultural and fishery products that are still suspended by China. Taiwan hopes that mainland China will conduct technical dialogue with Taiwan in accordance with international trade norms and resume trade as soon as possible.  China has resumed imports of sugar apples from Taiwan, China’s Taiwan Affairs Office of the State Council announced this. After two years China has resumed fruit export from Taiwan. Due to repeated instances of quarantine pests being detected in the particular type of fruits, mainland China suspended the import of sugar apples from Taiwan in September 2021. Since then COA was engaged in a scientific and technical dialogue with China to resume trade. According to the COA data, China was the largest fresh fruit importer from Taiwan accounted more than 80 per cent in 2021. Taiwan’s Cross-Strait Agricultural Products Quarantine and Inspection Cooperation Agreement platform has not received any notification from the Chinese side to reopen the import of custard apples and has not provided registration conditions. The Chinese announcement list only has 3 packaging factories and 25 orchards.  The sugar apple or Custard apple is a national fruit of Taiwan which is also known as Buddha’s head. According to agricultural figures, sugar apples grow on 2,800 hectares of land in Taiwan’s Taitung region. The data also shows that 4,355 tonnes of fruits were exported worldwide between December 2021 and April last year. Zhu Fenglian, spokesperson for the Taiwan Affairs Office of the State Council, said that the decision was made based on a comprehensive assessment of relevant rectification measures. She added that the sugar apples must come from registered packaging factories and orchards. "The mainland is willing to work with relevant departments in Taiwan and continue to facilitate the resumption of the entry of certain agricultural and aquatic products from the island," Zhu said.  After China’s import suspension, sugar apple growers from Taiwan eye a new market for fruit exports. Taiwan exported 3000kg of Sugar apples to Brunei in February this year. Brunei is the hope for Taiwan which can help offset losses from China’s ban on exports of sugar apples.  Taiwan also tried to obtain a permit to export sugar apples to Japan last year. The Council of Agriculture had applied for the permit as a part of efforts to diversify Taiwan’s export markets of Sugar apples. Japan is an important buyer of Taiwanese mangoes, lychees, grapes, pomelos, papayas and ponkan oranges. Japan became the largest market for Taiwanese fruit exports accounting for 46.2 per cent in 2022. According to the Council of Agriculture (COA), Sugar Apple is not native to Taiwan but Taiwan has become the largest sugar apple-cultivating country in the world. Sugar apple is grown in southern Taiwan in Kaohsiung, Pingtung and Taitung counties. Among them, Taitung is the largest production area in Taiwan. In Taiwan, the fruit can be harvested from July to February. There are 10 major types of sugar apples currently grown in Taitung. Among them, Tamali Damu sugar apple and Beinan pineapple sugar apple are the two most popular varieties. The sugar apple was introduced to Taiwan by Dutch colonialists about 400 years ago. Sugar apple goes by various names, including Buddha’s head and custard apple. In Taiwan, it has been called the foreign litchi or Sakya. The name of foreign litchi comes from the fact that the unripe fruits look like litchi and it was from a foreign country. As for its second Taiwanese name - which is more commonly used nowadays, people call it Sakya or Buddha's head, because one variety resembles the top part of Sakyamuni's head. Shraddha Warde Shraddha.warde@mmactiv.com ]]> https://agrospectrumasia.com/news/188/1085/farmmis-mushrooms-export-sales-expand-in-europe.html https://agrospectrumasia.com/news/188/1085/farmmis-mushrooms-export-sales-expand-in-europe.html Wed, 21 Jun 2023 11:02:56 +0530 This latest order underscores the high-quality products are sought after despite the availability of locally produced and wild mushrooms Farmmi, an agriculture products supplier in China, announced a new high-volume order for its dried Shiitake mushrooms and dried black fungus, which will export to Romania. The latest high-volume order represents a further sales expansion in Europe. According to the World Bank, Romania's economic growth has been one of the highest in the European Union since 2010. Economic growth was robust in 2022 at 4.8 per cent. Romania has made impressive strides in raising its economic performance and prosperity over the past two decades. However, the COVID-19 pandemic and Russia's invasion of Ukraine have tested the resilience of the Romanian economy and exacerbated its structural vulnerabilities, especially in terms of poverty and disparities in economic opportunity, persistently large gender gaps in labour force participation and employment, widening fiscal and current account deficits, and significant institutional constraints hindering the efficient use of resources. Yefang Zhang, Farmmi's Chairwoman and CEO, commented: "Mushrooms have historically been a mainstay of the Romanian diet. The mineral-dense, healthy benefits are sought after and embraced, especially during the long winters. This latest order underscores the high quality we are known for among discerning customers, as our products are sought after despite the availability of locally produced and wild mushrooms." ]]> https://agrospectrumasia.com/news/188/1084/thai-bananas-to-generate-1-07-bn-baht-as-demand-soars-in-japan.html https://agrospectrumasia.com/news/188/1084/thai-bananas-to-generate-1-07-bn-baht-as-demand-soars-in-japan.html Wed, 21 Jun 2023 10:25:00 +0530 The government is prepared to market Thai fruits in order to meet international demand Thailand’s government forecast fresh bananas and goods to Japan will generate up to 1.07 billion baht this year due to the popular demand in the Eastern Asian country. Anucha Burapachaisri, Government Spokesperson stated that demands for bananas in Japan have been rising since the fruit is tasty and healthy and can be used as ingredients for desserts. He said that Japan’s weather is not suitable for banana cultivation, causing low yields that could not meet the country’s demand. As a result, the country imports more than 1 million tonnes of bananas per year. According to the spokesperson, Caretaker Prime Minister General Prayut Chan-o-cha made clear his satisfaction with Thai bananas and their products being popular in other countries. The Prime Minister expressed confidence in the quality of Thai fruit being recognised by many countries and urged officials to provide full assistance in expanding these opportunities for the Thai people. The spokesperson stated that Thailand can use privileges under the Japan-Thailand Economic Partnership Agreement, one of which exempts Thailand from tariffs on 8,000 tonnes of bananas, which expands opportunities for Thai farmers and businesses. He assures that the government is prepared to market Thai fruits in order to meet international demand, as well as boost the potential of fruit exporters and farmers in the country. ]]> https://agrospectrumasia.com/news/188/1079/vietnams-tuna-exports-to-mexico-reach-7-4-mn.html https://agrospectrumasia.com/news/188/1079/vietnams-tuna-exports-to-mexico-reach-7-4-mn.html Wed, 21 Jun 2023 08:08:00 +0530 In April 2023, tuna exports to the Mexican market increased by 117 per cent over the same period in 2022 In April 2023, tuna exports to the Mexican market increased by 117 per cent over the same period in 2022, reaching nearly $1.9 million, according to the Vietnam Association of Seafood Exporters and Producers (VASEP), Accumulated in the first 4 months of 2023, tuna exports to Mexico reached nearly US$7.4 million, up 44 per cent over the same period in 2022. With this growth rate, Mexico is currently the 8th tuna import market of Vietnam. Data from the General Department of Customs shows that Mexico mainly imports tuna meat/loin from Vietnam, accounting for 74 per cent of total export value, the rest is other processed tuna products. Currently, Mexico and Vietnam are two markets that are quite similar to each other. Many key products of Vietnam have many opportunities to penetrate the 11th most populous market in the world, especially after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) comes into effect. Accordingly, frozen tuna loin/fillet products from Vietnam exported to Mexico are being reduced from the base tax rate of 20 per cent to 0 per cent. Other processed tuna products, such as frozen steamed tuna loin, are exempt from tax when imported into Mexico. According to Luu Van Khang - Trade Counselor, Vietnam Trade Office in Mexico, people in this country strongly consume products that have been preliminarily processed or processed at supermarkets or convenience stores. This item is a potential item for Vietnam's seafood products. According to VASEP, Vietnam's tuna exports in 2022 reached the target of $1 billion, up 34 per cent compared to 2021. This is also the first time the tuna industry has reached an export value of billion USD. This result contributes to the seafood industry's export turnover of $11 billion in 2022. ]]> https://agrospectrumasia.com/news/188/1069/new-zealands-primary-industry-exports-hit-record-high.html https://agrospectrumasia.com/news/188/1069/new-zealands-primary-industry-exports-hit-record-high.html Fri, 16 Jun 2023 10:23:46 +0530 New Zealand’s food and fibre sector is on track to set a new record high, with export earnings to hit $56.2 billion by 30 June 2023 New Zealand’s Primary industry exports are forecast to grow 6 per cent to a record $56.2 billion this year, exceeding previous estimates. The latest forecast for the year to June 30, released by the Ministry for Primary Industries (MPI) is $1.2 billion higher than the December estimate of $55 billion. Chris Hipkins, Prime Minister says New Zealand’s food and fibre sector is on track to set a new record high, with export earnings to hit $56.2 billion by 30 June 2023.   The Prime Minister joined Trade and Agriculture Minister Damien O’Connor to release the new Situation and Outlook for Primary Industries (SOPI) in Hamilton at the Mystery Creek Fieldays.  “The economy is through the worst with inflation having peaked and returning to the target range next year, tourism bouncing back and record numbers of workers arriving to plug skills shortages,” Chris Hipkins said.   “The focus on trade and export growth remains a major cornerstone in our economic recovery plan, with the securing of new FTAs like the UK & EU and an upgrade to the China FTA. These are resulting in more exports and more value being derived.  “Primary industry exports are expected to hit a record $56.2 billion by June 2023, 2.3 per cent higher than projected. Our job now is to continue supporting our producers by opening doors for exporters wherever we can and build on the seven new or upgraded free trade agreements secured since we’ve been in office.  “We need to maintain our international competitive edge to ensure New Zealand’s economy remains better positioned than many others against global headwinds,” Chris Hipkins said.  “This Government has always backed our farmers, growers, fishers, and foresters to achieve success – investing significantly to support the sector lift its sustainability credentials to maintain our competitive edge,” Damien O’Connor said.  “I want to thank our food and fibre sector for this outstanding result. These record results show that the future is bright as the worst of the economic headwinds look to be behind us and we look to climb to $62 billion by 2027.  “We also acknowledge the extremely challenging start to the year for our primary sector and the impact of the North Island weather events on our rural communities. High input costs, also experienced internationally, have affected farmers and growers, and it’s encouraging to see those pressures easing.  “To still achieve a record forecast after Cyclone Gabrielle is a testament to the resilience and hard work we see each and every day from farmers and growers.   “Major growth is projected in several parts of the sector in the year to 30 June 2023, including dairy export revenue to reach $25.1 billion, a 14 per cent increase on the previous year. Horticulture export revenue is expected to rise 2 per cent to $6.9 billion.  “Exports of processed foods and other products is expected to jump to more than $3.4 billion in the year to 30 June 2023, up 6 per cent on the previous year. Driven by demand for food ingredients and products like chocolate.  “Seafood is also one of the major drivers of this positive outlook and is helping to drive record earnings with a forecast increase of 8 per cent to achieve a record $2.1 billion in the year ending 30 June 2023.  “The effects of Cyclone Gabrielle have obviously affected our forestry exports in the short term. However, they are expected to pick back up as forestry operations recover from the adverse weather and international demand increases.  Our strategy to position our food and fibre sectors for future export growth dovetails with our trade agenda and is reflected in our investment decisions through consecutive Budgets. By working together our plan is delivering,” Damien O’Connor said. ]]> https://agrospectrumasia.com/news/188/1062/thailand-exports-duck-meat-to-australia.html https://agrospectrumasia.com/news/188/1062/thailand-exports-duck-meat-to-australia.html Wed, 14 Jun 2023 09:39:10 +0530 Thailand expects to export some 1,200 tons to Australia during the first calendar year, generating some 400 million baht in revenue Thailand has begun exporting cooked duck meat products to Australia after 7 years of negotiations. The first 20 tons were shipped out of Thailand, with some 1,200 tons of cooked duck meat expected to go to Australia in the first calendar year. The Ministry of Agriculture and Cooperatives and food product manufacturer Charoen Pokphand Foods (CPF) celebrated the first shipment of cooked duck meat products to Australia, the first-ever export of cooked duck meat from Thailand to the Oceanian country. Prayoon Inskul, Permanent Secretary of Agriculture and Cooperatives, said Thailand and Australia have been in negotiations since 2016, while the success of cooperation between the Thai government and private sector has resulted in Thailand being the first country in the world allowed to export ready to eat duck products to Australia. The first shipment consisted of 20 tons of cooked duck meat. The country now expects to export some 1,200 tons to Australia during the first calendar year, generating some 400 million baht in revenue. Prasit Boondoungprasert, CEO of CPF said this shipment reflects the capability of Thai businesses to produce world-class agricultural goods, while Australia itself is a high potential market with increasing demands for ready-to-eat duck products, with the current figure of duck consumption at around 50,000 tons per year. CPF has been exporting duck products to several international markets, including Germany, England, the EU, Japan, Singapore, and New Zealand. The company is targeting a 500-600 ton duck export to Australia, consisting of grilled duck, shredded duck meat, and grilled duck with flour wrap. ]]> https://agrospectrumasia.com/news/188/1053/heavy-rain-affects-wheat-production-in-china.html https://agrospectrumasia.com/news/188/1053/heavy-rain-affects-wheat-production-in-china.html Tue, 13 Jun 2023 09:33:04 +0530 China may increase wheat imports this year Due to continuous rainfall, China’s winter wheat production may affect around 30 million metric tonnes this year. China’s wheat imports may soar this year. China’s wheat imports have already increased by 80 per cent in the first four months of 2023 China’s wheat-producing province Henan hit by heavy rain in the last few days. Henan grows one-third of wheat out of the total production of China. Henan’s rain-affected area produces 11 million tonnes of wheat which is around 30 per cent of the overall wheat production of the province. In some places, humidity has resulted in mildew and caused the wheat to sprout, and wet soil has made it difficult for harvesters to operate. The Henan government is urging insurance providers to cover early sprouting damage and quickly settle claims, according to the Agriculture Ministry. Henan is expected to cultivate around 38 million of wheat in 2023 which is around 28 per cent of China’s total production. Henan province has completed wheat harvesting, according to the province's Bureau of Agriculture and rural affairs. Agriculture Ministry has asked to speed up the wheat harvest by using more farm machines, draining farmland and extending the working hours for harvesters. The provincial government has allocated an emergency fund of 200 million yuan ($28 million). Around 75 million mu (5 million hectares) of winter wheat has already been harvested, accounting for more than 20 per cent of winter wheat planted in the country, the ministry noted in an online statement, adding that agricultural authorities are working with transport and meteorological authorities and oil companies to guarantee the smooth movement and operation of harvesters.  Continuous rainfall has been affecting Huanghuai, a major wheat-producing area between the Yellow River and the Huai River, since late May, just as winter wheat crops were beginning to ripen.  According to China Dialogue, despite not historically being prone to heavy rainfall, Henan has experienced multiple extreme rain events in recent years. In 2021, torrential downpours flooded central Henan, resulting in over 300 fatalities and direct economic losses of 120 billion yuan ($16.5 billion). A subsequent study by Chinese scientists revealed that human-caused climate change amplified rainfall during floods by 7.5 per cent. According to Grain Central, China’s wheat imports increased by 80 per cent in the first four months of 2023 on the back of falling international prices relative to domestic values. China’s ports discharged almost 6 metric tonnes of wheat from January to April, equal to 60 per cent of total 2021-22 wheat imports. April imports alone jumped 141 per cent yearly to 4.7 metric tonnes. Shraddha Warde shraddha.warde@mmactiv.com ]]> https://agrospectrumasia.com/news/188/1050/chinas-chongqing-opens-import-route-for-thai-durians.html https://agrospectrumasia.com/news/188/1050/chinas-chongqing-opens-import-route-for-thai-durians.html Mon, 12 Jun 2023 14:32:31 +0530 The 150,000 durians from Thailand reached China via the China-Laos Railway Southwest China's Chongqing welcomed the first direct cold-chain train of Thai durians which reached the megacity via the New International Land-Sea Trade Corridor. The 150,000 durians from Thailand are first transported by road to Laos and then loaded on a train and travelled to China via the China-Laos Railway, according to Xinhua News agency. The entire journey took four days, down from 8-10 days on previous sea-road routes, said Deng Haoji, chief operating officer of Hongjiu Fruit, the company that purchased the fruits. "For fruit importers, time is money and every hour is precious. This durian train has reduced costs, as well as losses during transportation," Deng said. The majority of the durians will enter markets in Chongqing, while the rest will continue the train journey to reach the neighbouring province of Sichuan. Durians are among a growing number of agricultural products from the Association of Southeast Asian Nations (ASEAN) which has expanded entry into the Chinese market. This happened because of the Regional Comprehensive Economic Partnership (RCEP) agreement and the improvement of cross-border transport infrastructure. In 2022, China imported 825,000 tonnes of durian, of which 780,000 tonnes came from Thailand, according to customs data.  ]]> https://agrospectrumasia.com/news/188/1049/vietnams-fruit-exports-up-by-39-in-5-months.html https://agrospectrumasia.com/news/188/1049/vietnams-fruit-exports-up-by-39-in-5-months.html Mon, 12 Jun 2023 13:45:21 +0530 Vietnam has expanded many consumption channels, especially e-commerce; expanding export markets, allowing Chinese entrepreneurs to come to Vietnam to consume agricultural products According to Vietnam’s Ministry of Agriculture and Rural Development, the export value of vegetables and fruits in May is estimated at $600 million, bringing the total export value of fruits and vegetables in the first 5 months of 2023 to $1.97 billion, up 39 per cent compared to the same period last year. Dang Phuc Nguyen, Secretary-General of the Vietnam Fruit and Vegetable Association, attributes the strong growth of fruits and vegetables to China's increased purchases following the implementation of the Non-COVID policy. This is the first year after 3 years of the pandemic that China has ramped up its procurement of fruits such as dragon fruit, durian, mangoes, and jackfruit. Phung Duc, Deputy Minister of Agriculture and Rural Development Tien assessed that Vietnam has expanded many consumption channels, especially e-commerce; expanding export markets, allowing Chinese entrepreneurs to come to Vietnam to consume agricultural products, especially lychee, longan... Although the shelf life of lychee is short, Deputy Minister Phung Duc Tien believes that provinces such as Bac Giang and Hai Duong have a lot of experience, especially in exporting to China. Dang Phuc Nguyen also predicts that with abundant supply, the fruit and vegetable export outlook for the second half of the year will be very promising if the requirements of the Chinese market are well understood and good agricultural practices (GAP) are implemented. The total export turnover of fruits and vegetables this year is expected to exceed $ 4 billion. Currently, Deputy Minister of Agriculture and Rural Development Tran Thanh Nam is leading a delegation of the Ministry of Agriculture and Rural Development to work with authorities and the provinces of Guangxi, Yunnan (China) to promote agricultural and fishery trade between the two sides. To promptly address issues at the border gates, Tran Thanh Nam, Deputy Minister proposes that the Nanning Customs establish a focal point of information exchange so that the Ministry of Agriculture and Rural Development of Vietnam and the Nanning Customs can easily communicate with each other, minimising written exchanges. ]]> https://agrospectrumasia.com/news/188/1038/thailands-agri-trade-to-asean-reported-a-surplus-of-53387-million-baht.html https://agrospectrumasia.com/news/188/1038/thailands-agri-trade-to-asean-reported-a-surplus-of-53387-million-baht.html Thu, 08 Jun 2023 14:22:00 +0530 A 100 billion baht export value is estimated for Thai agricultural products to ASEAN in Q1 2023 Agricultural Economics in Thailand indicates that 100 billion baht worth of Thai agricultural products were exported to ASEAN during the first quarter. A surplus of 53,387 million baht is recorded by Thailand's trade. Chanthanon Wannakhejorn, Secretary-General of the Office of Agricultural Economics (Sor Kor.), Ministry of Agriculture and Cooperatives, revealed the trade situation of Thailand's agricultural products and natural rubber with 9 ASEAN countries, namely Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, and Vietnam. The export value for the same period in 2022 was 101,062 million Thai baht, a 4.18 percent increase over the same period in 2021. The main agricultural exports are sugar, such as brown sugar and white sugar. Refined sugar/energy drinks/rice / non-alcoholic beverages such as UHT milk, soy milk / flavored foods such as tofu, powdered alcohol, creamer / natural latex/dog or cat food/sauces and flavorings Sauces such as seasoning powder, fish sauce, oyster sauce, chili sauce, ready-made curry paste/additives used for animal feeding  In terms of imports, there has been a decrease in expansion, with a value of 47,674 million baht, a reduction of 2.81 percent from 2022. The main agricultural products imported are cassava chips and cassava pellets and frozen cassava / corn kernels for popcorn (popcorn) and corn suitable for human consumption and animal food / flavored food such as tofu, powdered alcohol, non-dairy creamer / cigarettes containing tobacco / flavored food for infants or young children / Vegetable fats and oils such as soybeans, corn, coconut, peanuts / Broken kernels and coarse rice / Canned tuna / Bakery snacks such as biscuits, cakes, pastries / Live cattle. In the ASEAN market, Thailand still maintained a trade surplus of 53,387 million baht (an increase of 19.53 percent) during the first quarter of 2023. The major export products are sugar / rice / dog or cat food / nuts / fresh fruits (longan, lychee, mangosteen) / non-dairy creamer / flavored food for infants and young children / non-alcoholic beverages. Alcohol e.g. UHT milk, soy milk / broken rice. According to Agricultural Economics in Thailand, Malaysia and Cambodia rank 2nd and 3rd in ASEAN trade value. Vietnamese economists report that Malaysia accounts for 17.81% of the export value of 18,001 million baht. The main export products are natural latex / sugar / meat pieces and other parts of chicken (wings, thighs, liver) frozen / dog or cat food / Palm kernel oil / Tapioca starch / Food flavoring for babies and young children / Sauces and flavorings for making sauces such as seasoning powder, fish sauce, oyster sauce, chili sauce, ready-made curry paste in Malaysia. While Cambodia reports an export value of 13,331 million baht, accounting for 13.17 percent. The main export products are sugar / energy drinks / non-alcoholic beverages such as UHT milk, soy milk / non-dairy creamer / type of flavoring. For animal husbandry / ready-to-cook noodles / sauces and ingredients for making sauces such as seasoning powder, fish sauce, oyster sauce, chili sauce, instant curry paste / sausages / flavored fish such as fish sausage, fish balls / oil cake and other hard residues obtained from the extraction of soybean oil, such as defatted soybean flour and soybean meal. ]]> https://agrospectrumasia.com/news/188/1037/vietnam-promotes-agri-commodity-trade-with-brazil.html https://agrospectrumasia.com/news/188/1037/vietnam-promotes-agri-commodity-trade-with-brazil.html Thu, 08 Jun 2023 14:19:00 +0530 Vietnam is Brazil's largest trading partner in Southeast Asia; Brazil is Vietnam's largest trading partner in South America Vietnam's Ministry of Agriculture and Rural Development (MARD) has emphasized the importance of cooperation with Brazil as the two countries have significant potential to complement each other and cooperate for mutual development. In Hanoi on June 6, Deputy Minister Phung Duc Tien met with Brazilian Deputy Foreign Minister Eduardo Paes Saboia's delegation and worked with Mr. Marco Farani, Brazilian Ambassador to Vietnam. 2024 marks 35 years of diplomatic relations between Vietnam and Brazil. Brazil is a member of the South American Common Market and is Vietnam's largest trading partner in South America. Vietnam is also Brazil's largest trading partner in Southeast Asia. Similar to Vietnam, Brazil's current policy focuses on foreign policy, poverty relief, and developing a green economy. In July 2018, the two sides signed a ministerial Memorandum of Understanding on Agricultural Cooperation. They are also discussing the possibility of a Memorandum of Understanding on Forestry Cooperation. In order to strengthen the relationship between the two countries and develop agricultural cooperation, Brazil's Agriculture and Livestock Minister expressed interest in creating favourable conditions bilateraly to promote trade in agriculture, forestry and fishery between the two countries. Marco Farani, Brazilian Ambassador to Vietnam, stated that the two countries will continue to strengthen cooperation in the future with the major markets for agricultural, forestry and fishery products. With its advanced technologies, experienced experts, and large research institutes, Brazil is willing to share and cooperate with Vietnam in the science and technology field. Deputy Minister speculated on the possibility of a high-level bilateral exchange between the two countries to discuss specific cooperation. ]]> https://agrospectrumasia.com/news/188/994/basf-strengthens-rd-with-more-powerful-supercomputer.html https://agrospectrumasia.com/news/188/994/basf-strengthens-rd-with-more-powerful-supercomputer.html Tue, 30 May 2023 09:35:00 +0530 Estimates market value of approximately AU$10 million. The Australian avocado industry will soon have access to Thai markets as Western Australian producers of Hass avocados will soon be able to export their produce there. Thailand was Australia’s 12th largest agriculture, fisheries, and forestry export market by value in 2021, worth $1.5 billion, including horticulture at $105 million. Minister for Agriculture, Fisheries, and Forestry, Murray Watt said this was a significant market access win for avocados, with an estimated market value of approximately $10 million. "The Australian avocado industry has recently experienced substantially lower prices on the domestic market due to high supply. Opening new market access and trade opportunities will help the avocado industry maintain a steady supply and prices. It supports the horticultural sector in meeting its target of a $20 billion sector by 2030 and the broader agricultural industry to grow toward a $100 billion sector" explains Minister Watt. Australia aims to continue to expand market access and expand trade opportunities for Australian fresh produce. To enable a trade to commence for Australian avocados, Thailand needs to undertake verification activities, which is expected during the upcoming Western Australian 2023-24 avocado season. ]]> https://agrospectrumasia.com/news/188/980/philipines-ptri-to-establish-more-bamboo-textile-fiber-innovation-hubs.html https://agrospectrumasia.com/news/188/980/philipines-ptri-to-establish-more-bamboo-textile-fiber-innovation-hubs.html Thu, 25 May 2023 12:09:00 +0530 Aims to establish Three more Bamboo Textile Fiber Innovation Hubs (BTFIHs) by the end of 2024 The Philippine Textile Research Institute (PTRI) plans to establish at least three more Bamboo Textile Fiber Innovation Hubs (BTFIHs) in Abra, Bukidnon, and Pangasinan provinces by the end of 2024, adding to its current three hubs. Bamboo fibers can be used for clothing and home textiles. Nonwovens could be used for shoes, bags, and acoustic insulation, among other things. BTFIH facilitates the processing of bamboo into raw bamboo textile fibers (BTF), which can be processed into textiles. The hub is also funded by the Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development through the project, "Field Verification of the Bamboo Textile Material Production and Treatment Technology". PTRI officer Julius Leao has said that the PTRI is expected to be launched in Lagangilang, Abra this year. By 2024, PTRI will establish a BTFIH in Maramag, Bukidnon and another in Pangasinan. The latest was launched in Maragondon, Cavite on May 3, while the first two are located in Naguilian, La Union and Cauayan, Isabela. Bamboo has at least 35 % textile fiber recovery compared to other fiber sources, with a recovery rate of only 2%. In addition to being abundant and robust throughout the Philippines, it is a sustainable textile fiber source. A raw bamboo textile fiber (BTF) can be processed into a textile by BTFIH. For more extensive deployment, the technologies can also be fabricated locally, making them simple, deployable, and scalable. The raw BTF is priced at about PHP250 per kg., compared to about PHP10 per kg. of bamboo, he said, adding that the BTFIH would enable more material transformation and value addition. According to PTRI, BTFIH Cavite would ensure that bamboo textile fibers would be available for subsequent textile manufacturing processes. The PTRI will use these fibers to spin yarns that will be available for use by the weavers of Maragondon, Cavite. ]]> https://agrospectrumasia.com/news/188/979/farmed-salmon-exports-to-asia-are-doubled-by-scotland.html https://agrospectrumasia.com/news/188/979/farmed-salmon-exports-to-asia-are-doubled-by-scotland.html Wed, 24 May 2023 08:36:00 +0530 Scottish salmon exports to Asia have increased by $15 million, while volumes have increased 97%. In the first quarter 2023, Scottish salmon exports to Asia more than doubled in value to £24 million (€28 million/$30 million), driven by strong demand from China, Taiwan, Singapore, and South Korea. Among Scottish salmon exports, North America (29 %) and Asia (18 %) account for more than 47 percent, according to UK government data. The total value of exports to Asia increased by £12 million (€14 million/$15 million), while volume increased 97 percent. China and Taiwan individually added a combined £12 million (€14 million/$15 million) market value growth during the period. Singapore and South Korea also performed well, contributing significantly to the 1,900 metric tons of fish exported to Asia. Scottish salmon producers trade body Salmon Scotland said there were further opportunities for growth in North America and Asia because of rising consumer demand and ongoing efforts to reduce trade barriers. Total Scottish salmon export sales between January and March reached £134 million (€154 million/$166 million), an 18 percent increase from the same period in 2022. ]]> https://agrospectrumasia.com/news/188/973/vietnam-and-eu-businesses-strengthen-agricultural-product-export-cooperation.html https://agrospectrumasia.com/news/188/973/vietnam-and-eu-businesses-strengthen-agricultural-product-export-cooperation.html Tue, 23 May 2023 08:19:00 +0530 EuroCham to strengthen Vietnam's import and export turnover of agricultural goods Vietnam's Agriculture and Rural Development and European Business Association recently exchanged views and suggestions to promote the agricultural export chain and enhance integration between Vietnamese and EU businesses. Vietnam's Deputy Minister of Agriculture and Rural Development Tran Thanh Nam held a meeting with Gabor Fluit, Asia Managing Director of De Heus Group (Netherlands) and President of the European Business Association. (Eurocham) in Vietnam. Deputy Minister Tran Thanh Nam said that "the import and export of agricultural products between Vietnam and the European Union (EU) has slowed down recently. According to our information, in the first quarter of 2023, import and export turnover of agricultural products reached $1.2 billion, down 14% compared to the same period in 2022 (about $1.4 billion). This is a matter of concern, and we are delighted to welcome the members of the European Business Association in Vietnam. We are ready to listen to recommendations from Eurocham, our view is how to promote trade between the two sides." Deputy Minister Tran Thanh Nam assessed that 2023 will be a difficult year, especially in the field of agricultural products import and export. To boost imports and export turnover, the Deputy Minister expressed boosting and fostering European and Vietnamese businesses. President of the European Business Association for 2023 - 2025, Gabor Fluit who is also the first President appointed by the European Chamber of Commerce (EuroCham) to strengthen the agricultural sector in Vietnam, emphasized the export of Vietnamese agricultural products to Europe. Minister Tran Thanh Nam suggested partnering with the European Union and the Ministry of Agriculture and Rural Development to organize a forum to discuss two issues more deeply. First, an exchange on food safety issues focuses on administrative procedures, helping businesses better understand agriculture's operating mechanisms. The second is examining food safety supply chain practices. "We can successfully build a safe food supply chain between European and Vietnamese businesses, associated with reducing greenhouse gas emissions" stressed Deputy Minister Tran Thanh Nam. A number of forums of the Ministry of Agriculture and Rural Development revolve around “food safety” and “reducing greenhouse gas emissions”. Since COP26, Vietnam has implemented many forest carbon projects, built a project of 1 million hectares of high-quality rice, and reduced emissions in Dong by the Mekong River to implement its commitment at COP26. In the Central Highlands coffee material area, the Ministry of Agriculture and Rural Development is working to reduce emissions and develop sustainably. ]]> https://agrospectrumasia.com/news/188/970/aquaculture-stewardship-council-asc-expands-presence-in-south-korea.html https://agrospectrumasia.com/news/188/970/aquaculture-stewardship-council-asc-expands-presence-in-south-korea.html Tue, 23 May 2023 08:18:05 +0530 S.Korea strengthens its global market presence with ASC certification for meeting international market demands for seaweed, abalone and shrimp with 73 ASC certified farm sites Aquaculture Stewardship Council (ASC) has expanded its presence in South Korea to meet the growing demand for responsible aquaculture in Asian countries, the current most productive region in the world for aquaculture.  ASC has well established its presence in South Korea and is gaining momentum steadily. There are now 73 ASC certified farm sites in South Korea—28 seaweed, 44 abalone and 1 shrimp, with overall annual ASC certified volumes of more than 11,000 tonnes. The largest number of ASC-labelled seaweed and abalone products globally are farmed in South Korea.  “The uptake of responsible seafood farming practices in South Korea is a boon for responsible aquaculture in Asia and around the world,” said Esther Luiten, ASC’s Global Market Development Director. “South Korean distributors and brands like CJ Freshway, IKEA, Lottemart and Olga have made commitments to ASC certification that are creating real change in the retail market.”  Martin Lee is the new General Manager overseeing operations in South Korea and managing with robust experience in market development in sustainability sectors in Asia, including sustainability certifications.  “South Korea is a major producer of seaweed, and ASC certification is giving Korean farms a way to meet international market demands for responsibly produced seaweed. ASC certification makes South Korean aquaculture products more competitive within the global market,” said Martin Lee. More than 85 attendees from South Korean farms, seafood suppliers, retailers, local governments and more gathered during the event to discuss the benefits of responsible aquaculture for the environment and local communities at the first Korea Sustainable Aquaculture Seminar, held in April. A memorandum of understanding (MoU) was signed by ASC and Wando-gun, a county on South Korea’s southern coast that supports responsible seafood farming. The MoU indicates collaboration by agreeing "to work together to develop a responsible aquaculture industry” and “to promote understanding of responsible aquaculture to the market and consumers.”  Woo-cheol Shin, Mayor of Wando County said “We believe that ASC certification is important for the development of the aquaculture industry in Wando-gun and for the promotion of our farmed seafood products in South Korea and internationally.”  ]]> https://agrospectrumasia.com/news/188/955/japfa-delivers-23000-live-chickens-from-indonesia-to-singapore.html https://agrospectrumasia.com/news/188/955/japfa-delivers-23000-live-chickens-from-indonesia-to-singapore.html Thu, 18 May 2023 10:10:33 +0530 A first ever remarkable supply chain achievement to ship 23,000 fresh live chicken from Indonesia to Singapore via sea route by Japfa Group Singapore headquartered, Japfa Ltd, a leading vertically integrated industrialised agri-food company has delivered 23,000 live birds via sea route to Singapore. This is the first time live chickens are delivered to Singapore from Indonesia. The shipment represents a noteworthy achievement and will test a new method of supplying fresh chicken to Singapore, with the birds transported live by sea and slaughtered at the destination. The chickens were raised by PT Ciomas Adisatwa in Bintan, Kepulauan Riau a province of Indonesia. PT Ciomas Adisatwa is a subsidiary of PT Japfa Comfeed Indonesia Tbk, which in turn is a subsidiary of Japfa Ltd. Japfa Group which adheres to the compliances with a goal to provide nutritious and affordable staple proteins in an efficient and sustainable way. This first shipment has opened new opportunities to provide not only fresh chicken but also other staple protein foods to Singapore. Tan Yong Nang, Chief Executive Officer of Japfa, said: “We are pleased to contribute to Singapore’s food security strategy by providing fresh chicken to local consumers. As a leading industrialised agri-food player, with more than 50 years of experience in producing staple protein foods in Asia, we can meet Singapore’s demand and standards based on our attention to quality and our vertically integrated business model from poultry feed production and breeding to farming and food processing. This shipment is the result of the combined efforts of Japfa, Singapore and Indonesia’s authorities, and we look forward to expanding further our contribution to feed Singapore consumers with nutritious proteins”. Japfa is one of the largest poultry producers in Indonesia and in the region, boasting high standards in quality, food safety and ESG. Japfa’s activities are critical to feeding people in Indonesia as the Group supplies approximately 20% of poultry products in the market. Japfa is committed to continue to invest in the Bintan project to support Singapore’s food security strategy. Director General of Livestock and Animal Health, Ministry of Agriculture of the Republic ofIndonesia, Dr. Ir. Nasrullah, said: "Export to Singapore is a testimony to Indonesia's livestock product quality and ability to meet international standards of food safety requirements. The national broiler meat production in 2022 was recorded at 3.67 million tons. This shows that Indonesia can fulfil the needs for poultry and derivative products not only in Indonesia but also globally.” Japfa places a strong emphasis on quality and safety throughout its operations. The company’s farms and processing facilities are equipped with state-of-the-art technology and adhere to the highest international standards of animal welfare, food safety, and environmental sustainability, such as the closed-house systems for poultry production. Japfa’s standards compliance with regional and international certifications. ]]> https://agrospectrumasia.com/news/188/954/guizhou-agricultural-products-directory-unveils-80-premier-agricultural-brands-worldwide.html https://agrospectrumasia.com/news/188/954/guizhou-agricultural-products-directory-unveils-80-premier-agricultural-brands-worldwide.html Thu, 18 May 2023 09:49:43 +0530 The directory includes three national agricultural brands, Guizhou's top ten provincial brands, and nine city/prefecture brands, as well as detailed information about these brands. Under China's Department of Agriculture and Rural Affairs of Guizhou Province, a directory of agricultural products from Guizhou has been launched in Shanghai, revealing 80 prominent and distinguished agricultural brands of Guizhou Province. The directory includes three national agricultural brands, Guizhou's top ten provincial brands, and nine city/prefecture brands, as well as detailed information about these brands. Representatives of Guizhou's major agricultural brands showcased their products, including Job's Tears Seeds, Guizhou Mushrooms, Guizhou Tea, and Duyun Maojian Tea. The directory was unveiled at the launch ceremony at the Shanghai International Convention and Exhibition Center, jointly organized by the Department of Agriculture and Rural Affairs of Guizhou Province and the Development and Reform of Guizhou Province. Bu Tao, Deputy Director of the Department of Agriculture and Rural Affairs of Guizhou Province, introduced the directory. Tian Xiaohong, Deputy Secretary-General of the Silk Road International Chamber of Commerce (SRCIC), said, "This conference demonstrates Guizhou Province's determination and confidence to develop agricultural brands in the series "Mistletoe”. SRCIC will leverage the power of our platform and channels to help Guizhou's agricultural industry, businesses and brands find partners on the global market. We hope to contribute to Guizhou's unique agricultural industry development." China's Guizhou province is located in the southwestern region and is rich in soil fertility and biodiversity. The directory includes 14 categories carefully selected and evaluated by experts over the past two years. These selected brands are in the public domain and may be adopted by qualified agricultural producers in their designated areas. ]]> https://agrospectrumasia.com/news/188/926/vietnam-predicts-pepper-and-spices-exports-to-reach-2-b-by-2025.html https://agrospectrumasia.com/news/188/926/vietnam-predicts-pepper-and-spices-exports-to-reach-2-b-by-2025.html Thu, 11 May 2023 15:11:43 +0530 Pepper accounted for 69.4%; cinnamon 20.6%; Star Anise 5.1%; nutmeg and mace 2.3%; ginger and turmeric 1.6%; and chili peppers 0.8% in Vietnam's during FY2022 Vietnam's pepper exports have reached $1.1 billion in 2022, and is expected to reach $2 billion according to President of the Vietnam Pepper Association (VPA) Hoang Thi Lien. President Lien further stated that, pepper and spices export revenue reached $1.4 billion, by referencing to the highest growth rate of this industry in post-COVID periods. In addition, Vietnam has standardized its production process along with boosting Organic production which is greatly expected to influence a improved purchase price in the global market. The total global pepper production in 2023 is estimated to reach 526 thousand tons compared to 537.6 thousand tons in 2022. Vietnamese cinnamon production in 2023 is predicted to increase compared to 2022, reaching around 45,000 tons. Le Viet Anh, Head of Office of Vietnam Pepper Association, anticipates that the pepper season in Vietnam in 2023 is relatively optimistic, with an estimated harvest output of 200,000 tons, up 9.3% compared to last year. Meanwhile, according to the International Pepper Community (IPC), the harvests from other producing countries such as Brazil, Indonesia, and India are all expected to decrease in comparison to 2022 yield. Vietnam's pepper and spice industry contributed to a total of over $1.4 billion in export revenue in 2022. In the pepper and spice industry, pepper accounted for 69.4%; cinnamon 20.6%; Star Anise 5.1%; nutmeg and mace 2.3%; ginger and turmeric 1.6%; and chili peppers 0.8%. According to the report of the Vietnam Pepper Association, in Q1/2023, Vietnam exported 76,727 tons of pepper, with export revenue reaching $235.9 million up 40.5% in quantity but down 7.3% in value compared to the same period last year. In addition, cinnamon exports reached 18,685 tons with $54.8 million, up 45.8% in quantity and 13.8% in value. Star Anise exports reached 3,369 tons worthing $21.6 million, up 261.9% in quantity. ]]>