China’s imports of agricultural products have surged in recent years, with the United States a key supplier. A recent ERS report examines China’s emergence as a major agricultural importer.
This post is part of the Science Tuesday feature series on the USDA blog. Check back each week as we showcase stories and news from USDA’s rich science and research portfolio.
China is often noted for its dominant export presence in the world market. The ubiquitous “Made in China” label, found on everything from pens to smart phones has made China’s export prowess acutely visible and at times overshadowed the other side of the country’s trade relationship with the world. But in recent years, China’s potential as a significant market has drawn increasing attention.
A new Economic Research Service (ERS) report examines China’s emergence as a major importer of agricultural products over the past decade. Between 2000 and 2013, China’s agricultural imports grew from US$ 10 billion to about US$ 123 billion. The surge in imports has been driven by rising incomes and changing consumer preferences as well as growing demand for industrial raw materials. While bulk commodities such as soybeans and cotton remain predominant in China’s agricultural imports, consumer preferences and increased purchasing power have broadened the scope of these imports. As a result, imports of processed and consumer-oriented products like meats, dairy, wine, and nuts are increasingly showing up in Chinese markets. Read more »
USDA Under Secretary for Farm and Foreign Agricultural Services, Michael Scuse, talks with Florida agriculture leaders at the Port of Tampa to discuss trade issues and the Trade Promotion Authority.
Recently, I had the pleasure of hosting USDA Farm and Foreign Agricultural Services Under Secretary, Michael Scuse, here in Florida for an agricultural trade roundtable. Mr. Scuse met with more than 25 Florida agriculture leaders at the Port of Tampa to discuss trade issues and talk about Trade Promotion Authority (TPA).
Trade Promotion Authority, which needs Congressional approval, is a critical tool in our efforts to seek approval of trade agreements that support and create U.S. jobs while helping American agriculture compete more successfully in an ever-expanding global marketplace. Right now, the United States is negotiating two critical trade agreements – the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (T-TIP). Trade Promotion Authority would help ensure that America’s farmers, ranchers, and food processors receive the greatest benefit from these negotiations. Read more »
Cross-posted from the Department of Commerce blog:
Yesterday, President Obama announced new commitments in the “Made in Rural America” export and investment initiative, which is charged with bringing together federal trade-related resources for rural communities and businesses. This announcement reflects the Administration’s strategy for ensuring workers and businesses of all sizes, from communities large and small, benefit from the nation’s economic resurgence.
The Department of Commerce also released data yesterday that show 26 states set new export records in 2014, and many of those states are in the nation’s heartland. Read more »
The first step in running a successful farm or ranch business is identifying a product to create and connecting that product to potential customers. For some new and beginning farmers, it can be a challenge to connect to the right market opportunities and to build a business that fits.
At USDA, we are working to make sure that there is access to markets at all levels – so that whether a new or beginning farmer wants to sell locally, regionally, nationally, or globally, they have access to tools that support their business and business development. Read more »
Agriculture Deputy Secretary Krysta Harden listens to farmer José Delgado describe his initiative to introduce locally-grown sorghum feed to Puerto Rico on Jan. 25, 2015. USDA photo by Julie Wright.
Climate change has been deemed one of the greatest challenges facing agriculture, world food security, and human development in the 21st century. It’s a challenge that USDA is working to mitigate while also making sure that our farmers, ranchers and forest landowners are ready to adapt to the challenges it will pose. Just last year we announced the creation of several regional climate hubs — information centers that help to connect a community of farmers, ranchers, researchers and partners committed to finding viable climate solutions. One area that’s been identified as particularly vulnerable to the effects of climate change is the Caribbean.
On a recent trip to Puerto Rico, I had the pleasure of visiting the USDA Caribbean Climate Sub Hub in Rio Piedras where I was joined by the Puerto Rico Secretary of Agriculture Hon. Myrna Comas and the Puerto Rico Secretary of Natural Resources Hon. Carmen Guerrero. I was truly impressed by the collaboration taking place at the Caribbean Climate Sub Hub at every level – federal, state, and local. While at the hub, I saw some examples of products, from musical instruments to home decor, made from native wood grown on the island. By working collaboratively with the hub, local producers are able to harvest native woods in a way that both supports forest health and creates new market opportunities. Read more »
USDA is committed to addressing the challenges of international trade, and providing solutions. As we look forward to USDA’s annual Agricultural Outlook Forum, Feb. 19-20, 2015, in Arlington, Virginia, speakers and attendees will have the opportunity to discuss relevant issues on a wide range of international as well as domestic topics.
We live in a world where domestic agriculture and international trade are inseparable. We can’t talk about one without discussing the other. In 2014, American ag exports soared to a record $152.5 billion, and accounted for 20% of U.S. agriculture income.
Trade and foreign market access affect not only rural economies, but the overall economic health of nations – including ours. In that spirit, I’m happy to welcome Phil Hogan, the European Commissioner of Agriculture and Rural Development, to the 2015 Agricultural Outlook Forum. He will join our own Secretary Tom Vilsack during the plenary session for a discussion that promises to be insightful. Read more »