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International Agricultural Trade Report

Spotlight: Morocco Fruit Exports

Morocco has become the 15th-largest fruit exporter in the world by value. According to the most recent estimates (2019) by the Food and Agriculture Organization of the United Nations (FAO), 66 percent of its land area is devoted to agriculture, with more than 7 percent devoted to fruit production.
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.
International Agricultural Trade Report

Impacts and Repercussions of Price Increases on the Global Fertilizer Market

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...
International Agricultural Trade Report

Opportunities for U.S. Consumer-Oriented Products in Chile

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.
A number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher.
International Agricultural Trade Report

Opportunities for U.S. Agricultural Exports to the United Kingdom

As the 14th largest export destination, the United Kingdom (UK) has been an important and growing market for U.S. agricultural products. Shared heritage and cultural ties have continued to bolster U.S.-UK trade. The United States is the second largest UK agricultural supplier, behind the European Union (EU). The market presents many opportunities for intermediate and consumer-oriented products.
International Agricultural Trade Report

Opportunities for U.S. Agricultural Exports to the UAE

The United Arab Emirates (UAE) is home to 9.8 million people. It ranks among the world’s richest in terms of per capita wealth. According to the International Monetary Fund in 2020, the UAE had a gross domestic product (GDP) of $421 billion, and a per capita spending level in line with that of developed economies, $35,000.
The Netherlands and Scandinavian countries (Iceland, Norway, Sweden, Finland, and Denmark) are key markets for U.S. craft beer and distilled spirits. In 2020, the United States shipped $26 million of beer products and $66 million of distilled spirits to the Netherlands and Scandinavian countries.
International Agricultural Trade Report

Lentil Export Opportunities on the Rebound

Global lentil exports in 2020 jumped from $1 billion to $2.6 billion compared to the year before. Canada and Australia led the surge, accounting for more than three-fourths of the exports. Lentil exports peaked at $2.7 billion in 2015 but drifted lower through 2019, primarily due to reduced shipments from Canada to India and Turkey and from the United States to Canada and India.
International Agricultural Trade Report

Banner Year for U.S. Beef Exports in 2021

As countries roll back COVID-19 restrictions, foreign market demand for beef is becoming a bright spot for U.S. producers.
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.
International Agricultural Trade Report

Foreign Demand Fuels U.S. Corn and Sorghum Exports

Strong foreign demand and reduced competition have sharply boosted exports to record levels for U.S. corn in 2020/21.