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U.S. soybean exports to Pakistan have resumed after Pakistan removed a 2-year functional ban. On February 18, 2025, Pakistan received its first U.S. soybean shipment of 65,000 tons, and U.S. exporters will soon ship approximately 200,000 more tons.
Bulk, Intermediate, and Consumer-Oriented (BICO) goods are the primary classification for agricultural commodities. To better understand trends in agricultural trade, the U.S. Department of Agriculture’s (USDA) Foreign Agricultural Service (FAS) organizes thousands of Harmonized Tariff System codes related to agriculture into BICO groupings based on the level of processing and typical end-use.
U.S. 2024 calendar year agricultural exports totaled $176.0 billion, marking a 1-percent increase ($1.8 billion) from the previous year and securing the third-largest total recorded.
FAS and the Economic Research Service jointly publish the quarterly Outlook for U.S. Agricultural Trade in February, May, August, and November. Archived quarterly forecasts can be found here.
FAS and the Economic Research Service jointly publish the quarterly Outlook for U.S. Agricultural Trade in February, May, August, and November. Archived quarterly forecasts can be found here.
FAS and the Economic Research Service jointly publish the quarterly Outlook for U.S. Agricultural Trade in February, May, August, and November. Archived quarterly forecasts can be found here.