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Agricultural Products

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Key Economic Trends

  • The U.S. trade surplus in agricultural products, which increased by $8.0 billion (51 percent) to $23.9 billion in 2010, was principally driven by higher commodity prices for many products, as the global economic recovery took hold.
  • The $18.3 billion (18 percent) growth in U.S. exports was fueled by increased exports of cereal, cotton, and oilseeds (primarily soybeans) in 2010. The largest absolute shift in U.S. agricultural exports in 2010 was the $2.7 billion (16 percent) rise in U.S. exports of cereals (food and feed grain), which were mainly driven by a rise in export volume.
  • U.S. imports rose by $10.3 billion (12 percent) due to a mix of higher volumes for some imported commodities—such as tomatoes and fresh peppers—and higher prices for other commodities, such as coffee and cocoa. Vegetables registered the largest absolute increase in U.S. imports during 2010, increasing by $1.0 billion (22 percent).

Trade Shifts from 2009 to 2010

  • U.S. trade surplus: Increased by $8.0 billion (51 percent) to $23.9 billion
  • U.S. exports: Increased by $18.3 billion (18 percent) to $121.5 billion
  • U.S. imports: Increased by $10.3 billion (12 percent) to $97.6 billion

Selected Product Shifts

USITC Publications

Other Government Resources

Sector Shifts

This part of the report examines shifts in trade for tenmerchandise sectors: agriculture; chemicals and related products; electronic products; energy-related products; forest products; machinery; minerals and metals; miscellaneous manfactures; textiles, apparel, and footwear; and transportation equipment. The following links download as PDF files.

Agricultural Products :: Chemicals and Related Products :: Electronic Products :: Energy and Related Products :: Forest Products :: Machinery :: Minerals and Metals :: Miscellaneous Manufactures :: Textiles, Apparel, and Footwear :: Transportation Equipment

Country Shifts

This part of the report analyzes shifts in trade between the United States and eight significant trading partners. The following links download as PDF files.

Brazil :: Canada :: China :: European Union :: India :: Japan :: Mexico :: Republic of Korea :: Russia

Frequently Asked Questions

 

General Contact

Laura Rodriguez
Co-Project Leader
Phone: 202.205.3499

Mihir Torsekar
Co-Project Leader
Phone: 202.205.3350

Media Contact

Peg O'Laughlin
Public Affairs Officer
Phone: 202.205.1819