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This annual report, published in January, includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in citrus.
This report serves as an update to FAS Jakarta’s previous report outlining Indonesia’s plans to impose a 12-percent value-added tax (VAT) for luxury agricultural products (please see GAIN Report ID2024-0053).
In 2023, Hong Kong was the 17th-largest market for U.S. agricultural products globally. That same year, the United States exported $1.5 billion of agricultural products and was the third-largest supplier of consumer-oriented food products to Hong Kong after China and Australia.
Since USDA first established a stand-alone mission area focusing on trade and international affairs in 2017, USDA’s Trade and Foreign Agricultural Affairs and the Foreign Agricultural Service have made significant trade policy advances to support U.S. agriculture. This series of commodity fact sheets highlights the many recent trade policy advances achieved by USDA.