Tropical Products: World Markets and Trade
U.S. Exports of Tropical
Products* Decline in 1998
Coffee and Products Exports Reach Record
*Essential Oils and Ginseng are included in this total.
U.S. tropical product exports--essential oils, cocoa and cocoa products, coffee and coffee products, spices, tea (including herbal) and products, and ginseng--totaled $1.35 billion in calendar year (CY) 1998, a decline of nearly 7 percent from CY 1997. Of these groups, only coffee and coffee products and spices showed an increase. U.S.exports of coffee and coffee products reached a record $231.8 million in CY 1998, up 6 percent. U.S. exports of spices totaled $107.9 billion in CY 1998, up a whopping 25 percent from $86.2 million in CY 1997. U.S. exports of essential oils declined to $528.8 million in CY 1998 and accounted for a large part of the year-to-year decline. Most of the year-to-year decline is attributed to Japan.
U.S. exports of tropical and related products, plus sugar and related products, totaled $2.59 billion in CY 1998, down over 4 percent from CY 1997. Essential oils accounted for most of the decline. Note: essential oils and ginseng export statistics are also included in the export value total for horticultural products in the "World Horticultural Trade and U.S. Export Opportunities" circular.
Approved by the World Agricultural Outlook Board/USDA