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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. This economic recovery has also attracted increased competition, especially from the European Union, Brazil, and Argentina; but premium U.S. products including beer, distilled spirits, pork and pork products, cheese, and specialty beef cuts hold potential for Chilean growth in the retail sector as well as the hotel, restaurant, and institutional sector.
A number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher.
International Agricultural Trade Report

Opportunities for U.S. Agricultural Exports to the United Kingdom

As the 14th largest export destination, the United Kingdom (UK) has been an important and growing market for U.S. agricultural products. Shared heritage and cultural ties have continued to bolster U.S.-UK trade. The United States is the second largest UK agricultural supplier, behind the European Union (EU). The market presents many opportunities for intermediate and consumer-oriented products.
International Agricultural Trade Report

Opportunities for U.S. Snack Food and Beverage Exports to Kenya

Kenya is a growing middle-income nation that acts as the economic, financial, and transport hub of East Africa. Kenya’s population demographic consists of a median age of 20 years, with 33.8 percent of the population between the ages of 25 and 54 years.
International Agricultural Trade Report

Opportunities for U.S. Agricultural Exports to the UAE

The United Arab Emirates (UAE) is home to 9.8 million people. It ranks among the world’s richest in terms of per capita wealth. According to the International Monetary Fund in 2020, the UAE had a gross domestic product (GDP) of $421 billion, and a per capita spending level in line with that of developed economies, $35,000.
The Netherlands and Scandinavian countries (Iceland, Norway, Sweden, Finland, and Denmark) are key markets for U.S. craft beer and distilled spirits. In 2020, the United States shipped $26 million of beer products and $66 million of distilled spirits to the Netherlands and Scandinavian countries.
International Agricultural Trade Report

USDA Estimates of India’s Cotton in Line with Local Estimates

USDA estimates and forecasts for cotton supply and demand are on an August-July marketing year (MY) for all countries, while estimates published by many governmental or private groups in other countries are based on local MYs. The local MY for India is October-September.
International Agricultural Trade Report

After Several Difficult Years, U.S. Pork Exports to Mexico Show Promise

Mexico is the third-largest pork importer in the world and traditionally the largest U.S. market for pork exports by volume. Over the past few years, shipments to this important market have faced headwinds. First, retaliatory tariffs related to Section 232 actions disadvantaged U.S. product. Then the coronavirus pandemic and a weak Mexican economy weighed on demand.
International Agricultural Trade Report

Colombia Rice TRQ Unfilled for the First Time

In 2021, despite advantages offered through the United States-Colombia Trade Promotion Agreement (TPA), U.S. rice exports to Colombia have declined to just $5 million through July. The significantly lower exports to this market are a result of a larger Colombian crop and lower domestic prices, plus increased competition from South American exporters.
International Agricultural Trade Report

Blueberries Around the Globe – Past, Present, and Future

Trade and production of blueberries is expanding globally as product development boosts their profile in form and function.
International Agricultural Trade Report

Vietnam: A Feed Importing Powerhouse

Vietnam is an emerging economy in Southeast Asia that has experienced rapid growth and development during the last few decades. As has historically been the case in many countries, growth in animal-based protein consumption has gone hand-in-hand with this economic development.
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.