Over the course of 2013, we’ve seen yet another banner year for U.S. agricultural exports. Exports of U.S. farm and ranch products reached a record $140.9 billion in 2013 and supported about a million U.S. jobs. In fact, compared to the previous five-year period from 2004-2008, U.S. agricultural exports from 2009-2013 increased by a total of nearly $230 billion.
All told, the past five years represent the strongest five-year period in our nation’s history for agricultural exports.
The U.S. Department of Agriculture has focused on two key factors in recent years to help make this success possible. First, an unprecedented effort by USDA and our Federal partners to expand and grow markets around the world. Second, a commitment to make sure our farmers and ranchers have the tools to grow more, even in the face of uncertainty. Read more »
The Foreign Agricultural Service recently launched an online tool, called the Agricultural Tariff Tracker, to help exporters obtain information about tariff reductions resulting from world-wide free trade agreements.
The United States has free trade agreements with 20 countries around the world that expand export opportunities for U.S. food and agricultural producers. To help exporters obtain information about tariff reductions resulting from these FTAs, the Foreign Agricultural Service recently launched the Agricultural Tariff Tracker.
“The tracker was developed in response to requests from the agricultural export community for more detailed information about export opportunities resulting from FTAs,” said Jeff Jones, a senior policy advisor with FAS. “Though we’ve seen significant expansion in U.S. agricultural exports as a result of our trade agreements, there will be even more opportunities for U.S. agricultural exporters in the future as tariffs continue to fall throughout implementation,” he said. “Providing more information in a user-friendly format will allow exporters to maximize the potential of these agreements.” Read more »
The past four years have been tremendously positive for America’s efforts to export more agricultural goods and products around the world.
The brand of American agriculture is soaring worldwide. In fact, 2009 to 2012 represents the best four years in our nation’s history for agricultural exports. Exports have grown more than 50% over that period of time.
We have reason to believe that more good news is ahead. Recently, USDA economists forecast agricultural product exports for next year to exceed $145 billion. That would set yet another new record – and it would allow agricultural exports to continue supporting more than a million jobs. Read more »
Grain exports represent 17 percent of the total cargo that flows through the Panama Canal and 90 percent of those grains are from the United States. Under the U.S.-Panama Trade Promotion Agreement (Panama TPA), which entered into force Oct. 31, U.S. grains and other agricultural products exported to Panama will be completely duty-free within 15 years.
The U.S.-Panama Trade Promotion Agreement (Panama TPA) entered into force Oct. 31, expanding market access for U.S. agricultural exporters in one of the fastest growing economies in Latin America. The Panama TPA is the last in a trio of trade agreements (South Korea and Colombia are the others) that altogether are expected to boost U.S. agricultural exports by $2.2 billion when fully implemented. Read more »
Juan Carlos Cadena (left), Colombia’s Director of Economic Affairs, Ministry of Commerce, Industry and Tourism, and Bryce Quick, Associate Administrator for USDA’s Foreign Agricultural Service, participate in a welcome plenary session for a USDA trade mission with Panama and Colombia, which took place in Bogota Nov. 14-17. With 24 U.S. agricultural companies participating, it was the largest delegation ever on a USDA trade mission. Photo by Fernando Soto, U.S. Embassy Bogota.
Last week, I was honored to travel to Bogotá and lead the U.S. Department of Agriculture’s trade mission with Panama and Colombia. Read more »
Last Thursday, I had the pleasure of traveling to Kansas City to address our nation’s farm broadcasters at the 68th Annual National Association of Farm Broadcasters (NAFB) meeting to answer questions about key issues affecting our agricultural community. Since I usually only talk to the broadcasters over the phone, I enjoy coming to NAFB each year to meet with them face-to-face. This year was particularly special because I was able to share good news regarding the state of our agricultural economy, farm exports as well as information about recent USDA streamlining initiatives that will allow us better assist our nation’s producers.
I was proud to announce that we set a record of $137.4 billion in agricultural exports this past fiscal year—exceeding past highs by over $22.5 billion—to support more than 115 million American jobs. We were able to set a trade surplus record of $42 billion, which is a testimony to the hard work of our nation’s producers as the backbone of the American economy. Read more »