Browse Data and Analysis

Executive Summary Global fertilizer prices are at near record levels and may remain elevated throughout 2022 and beyond. Fertilizer prices account for nearly one-fifth of U.S. farm cash costs, with an even greater share for corn and wheat producers...

Chile remains the largest South American consumer-oriented market for U.S. exporters. Increasing wealth, lower barriers to entry, and the modern Chilean economy present opportunities for increased agricultural trade as COVID-19 restrictions and social-political tensions ease. This economic recovery has also attracted increased competition, especially from the European Union, Brazil, and Argentina; but premium U.S. products including beer, distilled spirits, pork and pork products, cheese, and specialty beef cuts hold potential for Chilean growth in the retail sector as well as the hotel, restaurant, and institutional sector.

In 2021, despite advantages offered through the United States-Colombia Trade Promotion Agreement (TPA), U.S. rice exports to Colombia have declined to just $5 million through July. The significantly lower exports to this market are a result of a larger Colombian crop and lower domestic prices, plus increased competition from South American exporters.

In the first quarter of 2021, U.S. soybean exports reached the second-highest value ever at $7.7 billion, nearly double the same period last year.

Peru’s fruit exports have grown quickly during the last decade, rising from just $540 million in 2010 to $3.8 billion in 2020, with Peru ranking in the world’s top 10 fruit exporting countries since 2017.

Latin America accounts for about 25 percent of global corn imports . The region’s corn demand for imported corn has grown steadily over the years supported by expansion in the livestock sector...

Taiwan is an important trading partner and offers many opportunities for sales of U.S. food and agricultural products.

U.S. exporters who want to enter or expand in India’s market have an array of opportunities available due to the country’s growing population and increasing demand for food and agricultural goods.

Brazil’s consumers have a budding appetite for higher-value food products as the country’s economy recovers from a historic recession and its middle class grows.

The United States exported 836 million gallons of non-beverage ethanol in 2015, nearly all of which was used for fuel.

South America is one of the fastest-growing world regions for exports of U.S. farm and food products, and Chile and Peru are among the most rapidly growing markets in the region.

U.S. agricultural exports to South America nearly doubled in the past four years, reaching a record of more than $8 billion in calendar year 2014.