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International Agricultural Trade Report

Opportunities for U.S. Agricultural Products in Colombia

Colombia is the largest South American market for U.S. agricultural products and the seventh-largest market for U.S. food and beverage exports globally. Since the U.S. – Colombia Trade Promotion Agreement (CTPA) was implemented in 2012, U.S. agricultural exports have grown by more than 235 percent to a record $3.7 billion in 2023.
International Agricultural Trade Report

Peaches and Nectarines: Global Growth in Production Slowing While Exports Plateau

World peach and nectarine1 production has seen significant growth in the past decade, rising more than 20 percent from 19.6 million tons to 24.2 million in 2022/23.
International Agricultural Trade Report

Spotlight: Global Chickpea Exports Rise

Chickpeas, also known as garbanzo beans, are a legume full of protein, fiber, complex carbohydrates, and are relatively low in calories. Chickpeas are used in many Indian and Mediterranean dishes. Australia, India, and Canada are the top three chickpea exporters accounting for more than 40 percent of the world’s exports in 2022. Pakistan is the largest importer, followed by the European Union, Bangladesh, and Turkey.
International Agricultural Trade Report

Impacts and Repercussions of Price Increases on the Global Fertilizer Market

Executive Summary Global fertilizer prices are at near record levels and may remain elevated throughout 2022 and beyond. Fertilizer prices account for nearly one-fifth of U.S. farm cash costs, with an even greater share for corn and wheat producers...
International Agricultural Trade Report

Opportunities for U.S. Consumer-Oriented Products in Chile

Chile remains the largest South American consumer-oriented market for U.S. exporters. Increasing wealth, lower barriers to entry, and the modern Chilean economy present opportunities for increased agricultural trade as COVID-19 restrictions and social-political tensions ease.
International Agricultural Trade Report

Lentil Export Opportunities on the Rebound

Global lentil exports in 2020 jumped from $1 billion to $2.6 billion compared to the year before. Canada and Australia led the surge, accounting for more than three-fourths of the exports. Lentil exports peaked at $2.7 billion in 2015 but drifted lower through 2019, primarily due to reduced shipments from Canada to India and Turkey and from the United States to Canada and India.
In the first quarter of 2021, U.S. soybean exports reached the second-highest value ever at $7.7 billion, nearly double the same period last year.
International Agricultural Trade Report

EU-MERCOSUR Trade Agreement: A Preliminary Analysis

On June 28, 2019, the European Union became the first major partner to strike a trade agreement with the Southern Common Market (or MERCOSUR) countries of Argentina, Brazil, Paraguay, and Uruguay.
International Agricultural Trade Report

Japan-EU Trade Agreement Threatens U.S. Pork Exports to Japan

On December 8, 2017, Japan and the European Union (EU) announced the finalization of negotiations on the Japan-EU Economic Partnership Agreement (EPA).
International Agricultural Trade Report

Cranberries: No Longer Just an American Tradition

American cranberry farmers are in the homestretch of the harvest season in what looks to be another banner year for U.S. cranberry production.
International Agricultural Trade Report

Free Trade Agreements and U.S. Agriculture

Free Trade Agreements (FTAs) help expand foreign markets for U.S. producers and exporters by reducing trade barriers, fostering a more stable and transparent environment for trade and investment...
International Agricultural Trade Report

EU Agricultural Exports, Trade Surplus with U.S. Reach Record Levels in 2015

While the United States had a $16 billion agricultural trade surplus with the rest of the world in 2015, it ran a record $12 billion trade deficit in farm and food products with the European Union.