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    US agriculture exports reach US$140.5b in FY 2017

    来源:shippingazette.com    编辑:编辑部    发布:2017/11/23 08:41:23

    THE United States exported a total of US$140.5 billion worth of agricultural exports for fiscal year 2017, ending September 30, an increase of $10.9 billion over the previous fiscal year, according to recent data from the US Department of Agriculture (USDA).

    China was the largest export market for US agricultural goods, totalling $22 billion, USDA said. Canada was the second largest US export market at $20.4 billion, while Mexico imported $18.6 billion worth of US agricultural goods. Japan was the fourth largest export market at $11.8 billion. The remainder of the top 10 overseas markets for US agricultural goods include the European Union ($11.6 billion), South Korea ($6.9 billion), Hong Kong ($4 billion), Taiwan ($3.4 billion), Indonesia ($3 billion) and the Philippines ($2.6 billion).

    US bulk commodity exports overall set a volume record at 159 million metric tonnes, up 11 per cent from fiscal year 2016, with a value of $51.4 billion, according to USDA figures. Soybeans was the top US bulk agricultural export at 60 million metric tonnes, with a value $24 billion. The value of cotton exports increased 70 per cent to $5.9 billion, while wheat exports rose 21 per cent to $6.2 billion and corn exports bumped up 6 per cent to $9.7 billion.

    Meanwhile, US dairy exports during fiscal year 2017 grew 17 per cent to $5.3 billion, beef exports were up 16 per cent to $7.1 billion, and pork exports increased 14 per cent to $6.4 billion, according to American Shipper.