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International Agricultural Trade Report

Opportunities for U.S. Agricultural Exports in Spain and Portugal

U.S. exporters can find ample opportunities in the Iberian Peninsula. Spain is the third-largest European Union (EU) destination for U.S. agricultural products, with Portugal ranking 11th. In 2021, the United States exported $1.6 billion of agricultural products to Spain, or 15 percent of total U.S. agricultural exports to the EU. The United States held a 4 percent market share of Spain’s agricultural imports and 2 percent market share in Portugal, behind other EU member states as a group and Brazil.
Interactive Tableau visualization showing the growth in exports of several key bulk agricultural commodities since 1989.
On April 13, 2022, the Government of India rescinded its cotton import duty of 10 percent until September 30, 2022. This import duty consists of a five percent basic customs duty and a five percent Agriculture Infrastructure and Development Cess (AIDC), which has been reversed to “Nil” until the end of the Indian cotton marketing year (October/September).
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2021 Agricultural Export Yearbook

The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.
The Ethiopian Sugar Corporation (ESC) and the Ethiopian Industrial Input Development Enterprise (EIIDE) have separately issued international competitive tenders to purchase 200,000 metric tons (MT) of white cane sugar and 10,000 MT of lint cotton, respectively.
International Agricultural Trade Report

USDA Estimates of India’s Cotton in Line with Local Estimates

USDA estimates and forecasts for cotton supply and demand are on an August-July marketing year (MY) for all countries, while estimates published by many governmental or private groups in other countries are based on local MYs. The local MY for India is October-September.
With the China Cotton Index (CC Index 3128B) price surging 58 percent from its August 2020 level to RMB 20,150 (or, approximately U.S. $3,100) per metric ton (MT) on October 8, 2021, the Chinese government (PRC) is taking steps to rein in prices.
On August 17, 2021, the European Commission (EC) approved seven genetically engineered (GE) crops (3 corn, 2 soybean, 1 rapeseed, and 1 cotton) and renewed the authorizations for two corn and one rapeseed crop used for food and animal feed.
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2020 U.S. Agricultural Exports

A look at how U.S. agricultural exports performed in 2020.
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2020 Agricultural Export Yearbook

The 2020 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world. This summary lists only the United States’ primary trading partners.
International Agricultural Trade Report

Opportunities for U.S. Agricultural Exports to Southern Asia

South Asia, which includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, accounts for 24 percent of the world’s population, with 1.84 billion people in 2019.
On December 23, 2020, the State Council Tariff Commission (SCTC) announced its annual tariff adjustment plan that sets tentative import and export tariff rates for select tariff lines in 2021.