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Infographic discussing holiday baking as it relates to 2022 U.S. agricultural export totals and top producing states.
Ample opportunities exist for U.S. agricultural exports to South Korea. Highlighted in the chart above, U.S. agricultural product exports were a record $9.5 billion in 2022, up 2 percent from 2021. South Korea is the sixth largest export market for the United States, thanks in part to a successful free trade agreement (KORUS) between the two countries and a robust demand for high-quality U.S. food products.
Economic conditions in Bangladesh have created significant opportunities for U.S. agricultural exports, particularly consumer-oriented commodities including tree nuts, condiments and sauces, fruit juice and non-alcoholic beverages, snacks, and baking ingredients.
Japan’s Consumer Affairs Agency (CAA) will add walnuts to list of allergens that product manufacturers and importers must include on the label of packaged products containing walnuts. Currently, CAA strongly recommends including walnuts on the label, but does not require their inclusion.