Browse Data and Analysis

Major bulk commodities, as a share of total U.S. agricultural exports, have risen and fallen dramatically since 2020. Beyond short-term price volatilities that have largely driven these developments, changes to the largest overseas market and an increasingly competitive landscape also affect the prospect for major U.S. bulk exports.

China’s beverage market surpassed $170 billion in 2024, reflecting a year-on-year growth rate of over six percent. The category includes non-alcoholic beverages, ranging from bottled water, juices, and carbonated drinks to tea and functional beverages.