Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market.

Panama Canal updates Transit Reservation System rates The Panama Canal Authority will introduce modifications to the Transit Reservation System rates as part of the Complementary Maritime Services Tariffs. Adjustments include the new long-term slot allocation (LoTSA) method, a new plan designed to provide “certainty, predictability, and reliability,” the entity said in a release. The Panama Canal Authority explained that the main objectives of these modifications to the Transit Reservation System rates are to improve the level of service, improve the management of supply and demand, and optimize transit operations. To read the full article, please visit Panama Canal updates Transit...

There will be no tomato overproduction in Morocco next season The first harvest of Moroccan tomatoes will arrive early this season, in contrast to the previous season, following more uniform and serene planting decisions in the Souss Massa region, breaking with the uncertainty that marked the last season. Oussama Machi, an early vegetable grower based in Agadir, predicts an improved campaign, yet with a decrease in volume to be expected. Machi says: “All indicators point to the next season being similar to 2022-2023. Climatic conditions are not as extreme as last season, which can be attributed to the alternating El...

Growth, challenges and projections for the Guatemalan mango sector Over the last decade, Guatemala has recorded significant fluctuations in its mango exports. It reached its highest peak in 2014, when almost 5 million 4 kg boxes were exported, mainly to the United States; however, in 2023 and 2024, exports dropped to 4.3 and 3.5 million boxes, respectively. “This decrease was mainly due to weather conditions that affected the production, such as irregular rains and extreme heat,” says Cinthia Carías, coordinator of Agexport’s Mango Committee in Guatemala. The main market for Guatemalan mangoes is the United States, where the Tommy Atkins...

Ecuador is a relatively new avocado origin to the EU and Russia It has been years in the making, but Ecuador is finally starting to emerge as serious commercial avocado growers and exporters. According to Juan Diego Chiriboga, Sales and Business Development manager at the Agro-export Unit of Nobis Holdings, “Ecuador as an origin is relatively new. It has never been big avocado growers and exporters. Since recently, roughly 25 containers was shipped last year to the EU and Russia.” Avocado growing and exports from Ecuador has been attempted several times, but with low and slowly growing volumes over the...

World Tariff Profiles 2024 World Tariff Profiles 2024, published by UN Trade and Development (UNCTAD), World Trade Organization and International Trade Centre, details tariffs and non-tariff measures for over 170 countries and customs territories. It includes summary tables of average “bound” and applied tariffs for agricultural and non-agricultural sectors. Detailed one-page profiles provide tariff data by product groups based on the 2023 Multilateral Trade Negotiations Categories and show tariffs on exports by main trading partners. The report also covers non-tariff measures like anti-dumping, countervailing measures, and safeguards. This edition focuses on tariffs for critical electric vehicle (EV) minerals, including cobalt,...

Fresh Inset registers Vidre+ technology in Peru The registration of Vidre+, the Fresh Inset’s technology for avocados and limes, will help Peruvian exporters reach Europe and even the Far East markets with an unmatched level of freshness. With the registration on the Peruvian market, Vidre+ now offers a solution for avocado exporters to extend the freshness of their fruit, enabling transport to more distant markets. Peru, a top avocado exporter, held a 12.2% global market share in 2022. In 2023 alone, Peru exported 616,000 tons of avocados to over 40 countries worldwide. The export value exceeded $1 billion, with more...

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