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ICYMI... The United States exports a significant share of cotton and almond output, among other products

Tuesday, August 6, 2019

Exports are important for U.S. agricultural producers, as they make up a sizeable share of the market for many commodities. In the case of cotton and almonds, the United States sends more of its product abroad than it consumes domestically. Nearly 78 percent of all U.S. cotton is exported, with the bulk going to countries in Asia, including Vietnam and China. U.S.-produced almonds, grown almost exclusively in California, constitute nearly 80 percent of the global supply and are shipped worldwide, with 67 percent of production exported. Rice, soybeans, and wheat also depend heavily on export markets, with about half of domestic production destined for non-U.S. markets. The wealth of cropland throughout the Midwest and other parts of the United States gives domestic suppliers the capacity to scale production beyond the needs of the domestic market, allowing agriculture’s share of the U.S. economy to grow. This chart appears in the ERS publication, Selected charts from Ag and Food Statistics: Charting the Essentials, October 2018. This Chart of Note was originally published February 11, 2019.

The United States exports a significant share of cotton and almond output, among other products

Monday, February 11, 2019

Exports are important for U.S. agricultural producers, as they make up a sizeable share of the market for many commodities. In the case of cotton and almonds, the United States sends more of its product abroad than it consumes domestically. Nearly 78 percent of all U.S. cotton is exported, with the bulk going to countries in Asia, including Vietnam and China. U.S.-produced almonds, grown almost exclusively in California, constitute nearly 80 percent of the global supply and are shipped worldwide, with 67 percent of production exported. Rice, soybeans, and wheat also depend heavily on export markets, with about half of domestic production destined for non-U.S. markets. The wealth of cropland throughout the Midwest and other parts of the United States gives domestic suppliers the capacity to scale production beyond the needs of the domestic market, allowing agriculture’s share of the U.S. economy to grow. This chart appears in the ERS publication Selected charts from Ag and Food Statistics: Charting the Essentials, October 2018.

Chinese imports of fruit continue to rise as U.S. competes for market share

Thursday, October 20, 2016

The rise in Chinese living standards has spurred demand for a more diverse and nutritious diet, leading to a surge in China’s fruit imports. Fruit is a discretionary item consumed as a dessert, given as gifts, and distributed at meetings and banquets. With greater disposable income, demand for fruit (particularly fresh fruit) has grown rapidly. In the most recent 8 years, import volume grew more than three times to 3.8 million metric tons in 2015. The United States was a pioneer in opening China’s fruit market during the 1990s, but China’s recent surge of imports came mainly from tropical and Southern Hemisphere countries. The United States remains the predominant Northern-Hemisphere supplier, reflecting quality, extended seasonal availability, and other competitive attributes—but its share of total Chinese fruit imports declined for most of the new millennium. In 2015, there was a small uptick in the U.S. share moving from 2.6 percent to 3.5 percent, but far below the peak share of 11.5 percent in 2001. This chart appears in the ERS U.S. Fruit Competes for China Market Share special article published in September 2016.

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