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U.S. exports of corn-based products have experienced rapid growth in the past decade, reaching a value of $7.6 billion in fiscal year 2014, up 16 percent from the previous year.
U.S. exports of fish and seafood reached a record $5.3 billion in FY 2014. Recent growth in U.S. exports has primarily been due to increased volume rather than higher prices.
During the past decade, Turkey has emerged as a major exporter of agricultural products, both to the Middle East and other markets.
U.S. agricultural exports to Southeast Asia have experienced extremely rapid growth in recent years and, in FY 2014, they climbed to a record $11.5 billion – up 11 percent from FY 2013.
In recent years, India’s exports have demonstrated phenomenal growth – especially to developing countries, which now account for nearly 80 percent of Indian exports.
In the past decade, India has emerged as a major agricultural exporter, with exports climbing from just over $5 billion in 2003 to a record of more than $39 billion in 2013.
On August 6, 2014, Russia issued an order banning certain agricultural imports from the United States, the EU-28, Canada, Australia, and Norway for one year.
Global wine trade climbed to a record 5 billion liters in 2013, up 75 percent from little more than a decade ago.
Exports of high-value, processed food products have been a significant contributor to the strongest five-year period for agricultural exports in U.S. history.
Demand for food and agricultural products has been soaring in northeast China, making it an attractive market for U.S. exporters.
Young, urban consumers in emerging markets with rising disposable incomes helped propel global imports of confectionery products to $21 billion in calendar year 2013.
Economic growth and rising incomes are propelling demand for broiler meat in the Middle East and Turkey is stepping up to fill demand.