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Tree nut production in Egypt is limited due to its climate and thus heavily relies upon imports. The top varieties for tree nut exports to Egypt include walnuts, almonds, and pistachios.

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.

Customs tariffs for walnuts and almonds from all origins have increased to 15 percent. The 10 percent Section 232 retaliatory tax on U.S.-originated walnuts and almonds continues.

This biannual report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in tree nuts.

In marketing year (MY) 2023/24, Post estimates walnut production to increase by 3.1 percent and reach 198,000 metric tons (MT).