Trade and U.S. Export
U.S. exports of horticultural products to Asia are
rebounding from the financial woes that started in 1998.
From June 2000 to May 2001, total U.S. horticultural
exports to Asia totaled $3.5 billion, up 9 percent from
the same period the preceding years. The Asian region
accounts for more than a third of total U.S.
horticultural exports. Japan, with about a 50 percent
share, is the largest market in Asia, followed by Hong
Kong, Taiwan, South Korea, and China. U.S. horticultural
exports to Japan in 2000/01 were valued at $1.7 billion.
Exports to Hong Kong, the second largest market, exceeded
$428 million in 2000/01, accounting for 12 percent of
U.S. horticultural sales to the region. Exports to Taiwan
accounted for 10 percent of the Asian market in 2000/01,
with an export value of more than $360 million. South
Korea accounted for 8 percent of the market, totaling
approximately $290 million. China has emerged as a new
promising market for U.S. horticultural exports. In
2000/01, U.S. horticultural exports to China exceeded
$143 million, posting a record and now accounting for 4
percent of sales in the region. The Agreement on
Agriculture signed in April 1999 and the Bilateral WTO
Market Access Agreement of November 1999 are expected to
continue to boost U.S. horticultural product exports to
China. Citrus products and fresh deciduous fruits are
among the leading U.S. horticultural exports to the Asian
region. Other promising horticultural products include
frozen vegetables, tree nuts, and fresh vegetables.