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Trade Spotlight

Rice Export Prices Highest in More Than a Decade as India Restricts Trade

India, the world’s largest rice exporter, disrupted global rice markets by banning white rice exports in July 2023, before placing an export tax on parboiled rice exports in August 2023.
Line graph showing the changes in the exported price of rice per metric ton since 2013. Prices have increased sharply since India stopped rice exports.
Trade Spotlight

Rapid Growth for U.S. Pet Food Exports to China

U.S. dog and cat food exports to China reached a record $264 million in 2022, with China becoming the second-largest U.S. export market.
Column chart showing the rise of U.S. pet food exports to China. After years of stagnation from 2012 to 2018, exports began to rise in 2019 and skyrocketed to a record more than $250 million 2022