General Trade Summary
U.S. planting seed exports during the July-June 1996/97 Marketing Year (MY) totaled 1,254,162 metric tons valued at $938.6 million, increases of 70 and 25 percent, respectively, over last year. 1996/97 imports totaled 234,126 tons valued at $380.2 million. New records were set for both exports and imports.
Mexico was the best export market for planting seeds in 1996/97, reaching 407,305 tons and $211.2 million, up 40 and 28 percent, respectively, from a year earlier. This marks the first year that planting seed exports exceeded $200 million to any single country. Two other export markets, Canada and Japan reached the $100-million level: Canada at $112.0 million and Japan at $110.5 million. Italy, which appeared to have the potential to reach that level, fell just short at $96.6 million. The value levels for those four countries (plus Argentina, the fifth-ranked market) set records for the marketing year.
Canada led suppliers of planting seeds to the United States, shipping 143,878 tons, valued at $101.9 million, increases of 4 and 18 percent, respectively. Although down from the nearly 40 percent market share enjoyed by Canada less than 10 years ago, it still has a comfortable margin over the next largest supplier, Chile.
Field corn seed led all seedkinds in exports by value at $148.0 million. After field corn seed, the top five seedkinds included soybean seed at $132.4 million, non-durum (bread) wheat seed at $88.3 million, sweet corn seed at $64.6 million, and certified alfalfa seed at $47.4 million.
Field crop seed also led imports by value at $77.0 million. Rounding out the top five imported seedkinds by value were: flower seed at $60.4 million, red fescue seed at $26.3 million, tomato seed at $25.1 million, and pepper seed at $19.5 million.
Images and Data:
Chart 1: U.S. Planting Seed Balance of
Chart 2: Balance of Trade with Selected Countries
Chart 3: Balance of Trade for Selected Seedkinds
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|U.S. Planting Seed Exports (PDF format)|
|U.S. Planting Seed Exports (PDF format)||U.S. Planting Seed Exports (.WK4 format)|