Horticultural imports drove U.S. agricultural imports to new high in fiscal year 2021

Horticultural imports drove U.S. agricultural imports to new high in fiscal year 2021

USDA’s Economic Research Service (ERS) reports that the total value of U.S. agricultural imports reached a new high in fiscal year (FY) 2022 (October–September) and will remain elevated in FY 2022. Total U.S. agricultural import values were recorded at more than $163 billion in FY 2021 and are forecast to exceed $159 billion in FY 2022. By dollar value, the largest category of U.S. agricultural imports is horticultural products, which includes fruit, vegetables, tree nuts, wine, beer, and spirits. Values of fresh fruit imports, such as bananas, avocados, strawberries, and blueberries, have trended upward in recent years as more produce is imported during the off-season to meet U.S. consumer demand for year-round produce. Rising import volumes and values of fresh vegetables, wine, and beer also contributed to overall growth in horticultural imports. The value of horticultural product imports is $86.1 billion in FY 2021, up almost $19 billion from the 5-year average of $67.5 billion. Livestock, dairy, and poultry imports in FY 2021 are valued at $21.0 billion, up from their 5-year average of $17.4 billion to $20.1 billion in FY 2022. Sugar and tropical products, which include coffee and cocoa, increased to $23.9 billion, up from their 5-year average of $21.6 billion. This chart is drawn from data in ERS’s Outlook for U.S. Agricultural Trade, and data in ERS's U.S. Agricultural Trade Update, which shows that U.S. agricultural exports were at a new high in FY 2021 as well.


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