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New Jersey produces and exports agricultural products. The State's farm cash
receipts totaled $1.1 billion in 2008. New Jersey's agricultural exports were
estimated at $308 million in 2008. Agricultural exports help boost farm prices
and income, while supporting about 3,576 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
28 percent in 2008.
New Jersey's top agricultural exports in 2008 were:
Fruits and preparations -- $34 million
Vegetables and preparations -- $23 million
wheat and products -- $22 million
soybeans and products -- $17 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.
