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Japan’s Consumer Affairs Agency (CAA) intends to mandate allergy labeling on cashew nuts from the current recommended status. The CAA also intends to add pistachios to the recommended allergy labeling category.

In 2023, Peru was the 28th-largest market for U.S. agricultural exports, valued at $851 million, making it the 3rd-largest market in South America. The U.S.-Peru Trade Promotion Agreement (PTPA) entered into force in February 2009, and U.S. agricultural exports reached $1 billion for the first time in 2014, peaking at $1.36 billion in 2018. The United States accounts for 14 percent of Peru's agricultural import market share, positioning it as the second-largest supplier to the country.

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.

Strong demand growth continued in the Bulgarian tree nut market in marketing year (MY) 2023/24. The domestic demand increase was led by both the retail/food service industry and by the confectionary trade.

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.