USDA: Farm exports hit record levels |

USDA: Farm exports hit record levels

International sales of U.S. farm and food products reached $196 billion in 2022 a record level, Agriculture Secretary Tom Vilsack announced Friday.
Final 2022 trade data released last week by the Commerce Department shows that U.S. agricultural exports increased 11%, or $19.5 billion, from the previous record set in 2021, Vilsack explained.
“This second consecutive year of record-setting agricultural exports, coupled with a record $160.5 billion in net farm income in 2022, demonstrates the success of the Biden-Harris administration’s efforts to create new and better markets for America’s agricultural producers and businesses,” Vilsack said.
“We’re strengthening relationships with our trading partners and holding those partners accountable for their commitments. We’re making historic investments in infrastructure to strengthen supply chains and prevent market disruptions. We’re knocking down trade barriers that hamper U.S. producers’ access to key markets.
“And we’re continuing to invest in export market development programs, partnering with industry to bring high-quality, cost-competitive U.S. products to consumers around the world.
”The value of sales increased in all of the United States’ top 10 agricultural export markets — China, Mexico, Canada, Japan, the European Union, South Korea, Taiwan, the Philippines, Colombia and Vietnam, with sales in seven of the 10 markets (China, Mexico, Canada, South Korea, Taiwan, the Philippines and Colombia) setting new records, USDA said.
“While we remain committed to our established customer base around the world, we are also setting our sights on new growth opportunities in places like Africa, Latin America, the Middle East and Southeast Asia,” Vilsack noted.
“Overall, there were 30 markets where U.S. exports exceeded $1 billion in 2022 – an increase from 27 markets in 2021 — demonstrating the broad global appeal of American-grown products.
”The top commodities exported by the United States in 2022 were soybeans, corn, beef, dairy, cotton and tree nuts, which together comprised more than half of U.S. agricultural export value. International sales of many U.S. products — including soybeans, cotton, dairy, beef, ethanol, poultry, soybean meal, distilled spirits and distillers’ grains — reached record values, USDA said.
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