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New Jersey produces and exports agricultural products. The State's farm cash
receipts totaled $908 million in 2006. New Jersey's agricultural exports were
estimated at $219 million in 2006. Agricultural exports help boost farm prices
and income, while supporting about 2,600 jobs both on the farm and off the farm
in food processing, transportation, and manufacturing. Measured as exports
divided by farm cash receipts, the State’s reliance on agricultural exports was
24 percent in 2006.
New Jersey's top agricultural exports in 2006 were:
• Fruits and preparations -- $24 million
• Vegetables and preparations -- $17 million
• wheat and products -- $12 million
• live animals and red meat -- $11 million
World demand for agricultural products is
increasing, but so is competition among suppliers. If New Jersey's industries
are to compete successfully for export opportunities in the 21st century, they
need fair trade and more open access to growing global markets.
How Trade Agreements Benefit New Jersey
Agriculture
New Jersey is one of the nation’s top vegetable
producers. Under the U.S. – Australian FTA in, Australia’s 5-percent tariff
would be eliminated on a number of U.S. vegetable exports including mushrooms,
potatoes (fresh, dried and flakes), and sweet corn (frozen and canned). From
2001 through 2003, U.S. suppliers annually shipped on average $21.5 million
worth of vegetable and vegetable products to Australia.
Under the U.S. – Australian FTA, New Jersey’s
fruit industry will benefit. Australia’s 5-percent tariff would be eliminated on
a number of fruits and nuts including processed products like cranberry juice,
fruit jams and jellies. Australia has also committed to addressing outstanding
phytosanitary issues, including those for apples and stone fruits. From 2001 to
2003, U.S. suppliers annually shipped on average $50 million worth of fruit and
nut products to Australia.