Multilateralism and Regionalism: Trade Agreement Effects on Southern Agricultural Products Lynn Kennedy, Brian Hilbun, and Elizabeth Dufour LSU AgCenter.

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Presentation transcript:

Multilateralism and Regionalism: Trade Agreement Effects on Southern Agricultural Products Lynn Kennedy, Brian Hilbun, and Elizabeth Dufour LSU AgCenter

Current Regional and Bilateral Free Trade Agreements Involving the United States. Country/AgreementDate/Status FTAAUnder Negotiation ASEAN InitiativeUnder Negotiation NAFTA (Mexico & Canada)1994 MEFTAUnder Negotiation APEC1989 Australia FTA2005 Bahrain FTA2004 Chile FTA2004 CAFTA-DR2005 Colombia FTAUnder Negotiation Note: Data from the Office of the United States Trade Representative (2006) and public statements.

Current Regional and Bilateral Free Trade Agreements Involving the United States, Continued. Country/AgreementDate/Status Israel FTA1985 Jordan FTA2001 Malaysia FTAUnder Negotiation Morocco FTANegotiations completed in 2004; implementation legislation passed by US Congress; awaiting ratification by Moroccan Parliament Oman FTAUnder Negotiation Panama FTAUnder Negotiation (9 th round) Peru TPAUnder Negotiation Singapore FTA2004 SACU FTAUnder Negotiation Note: Data from the Office of the United States Trade Representative (2006) and public statements.

Top Ten Beef Importers, RankCountry Trade Value 1U.S.A.$11,958,091,799 2Japan$7,487,603,376 3Italy$7,053,713,005 4EU-25$4,603,018,161 5France$3,816,317,510 6United Kingdom$3,758,528,651 7Mexico$3,450,140,285 8Rep. of Korea$3,133,719,125 9Germany$2,930,913,632 10Netherlands$2,876,737,219

Top Ten Beef Exporters, RankCountry Trade Value 1Australia$11,548,886,987 2U.S.A.$6,979,570,097 3Brazil$6,312,995,689 4Netherlands$6,269,945,792 5Germany$5,205,982,736 6Canada$5,180,546,675 7Ireland$4,587,618,455 8New Zealand$4,259,704,799 9France$3,458,824,722 10Argentina$2,801,766,906

Top Ten Poultry Importers, RankCountry Trade Value 1United Kingdom$4,628,774,548 2Germany$4,011,311,816 3Japan$3,447,711,124 4Russian Federation$3,024,347,628 5China, Hong Kong SAR$2,387,709,878 6Saudi Arabia$1,850,391,175 7EU-25$1,849,809,595 8Netherlands$1,668,899,890 9France$1,593,180,831 10Mexico$1,492,442,741

Top Ten Poultry Exporters, RankCountry Trade Value 1Brazil$9,504,923,053 2U.S.A.$7,793,727,317 3Netherlands$4,544,921,528 4France$4,453,486,635 5EU-25$3,553,938,605 6Belgium$2,177,891,905 7Germany$1,967,494,344 8Hungary$1,379,549,954 9Thailand$1,277,872,794 10United Kingdom$1,218,761,525

Top Ten Corn Importers, RankCountry Trade Value 1Japan$9,915,397,378 2Rep. of Korea$4,676,048,231 3Mexico$2,831,713,217 4Other Asia, nes$2,808,226,499 5EU-25$2,504,482,718 6Spain$2,365,056,999 7Netherlands$1,555,073,665 8Egypt$1,487,677,232 9Canada$1,307,521,659 10Iran$1,288,807,786

Top Ten Corn Exporters, RankCountry Trade Value 1U.S.A.$21,275,696,866 2France$5,510,483,907 3Argentina$4,721,339,464 4China$4,354,895,604 5Brazil$1,360,930,703 6Hungary$973,913,283 7Germany$696,461,664 8South Africa$644,681,550 9Ukraine$588,564,164 10EU-25$517,689,100

Top Ten Rice Importers, RankCountry Trade Value 1EU-25$1,938,900,298 2Saudi Arabia$1,805,037,737 3Philippines$1,222,120,392 4Iran$1,198,884,108 5Japan$1,136,022,328 6United Kingdom$1,118,798,058 7France$1,065,082,691 8Senegal$1,013,293,111 9U.S.A.$977,961,064 10Brazil$826,801,490

Top Ten Rice Exporters, RankCountry Trade Value 1Thailand$8,473,915,876 2India$4,997,107,060 3U.S.A.$4,265,661,138 4Pakistan$2,877,973,916 5Italy$1,458,404,309 6Viet Nam$1,446,182,000 7China$1,332,260,690 8Uruguay$707,074,185 9Spain$605,309,613 10Belgium$556,430,591

Top Ten Soybean Importers, RankCountry Trade Value 1China$22,657,182,286 2EU-25$16,360,426,252 3Japan$5,944,785,948 4Netherlands$4,643,761,492 5Germany$4,227,181,024 6Mexico$4,017,963,359 7Spain$2,956,858,783 8Other Asia, nes$2,606,615,303 9Thailand$1,700,836,695 10Rep. of Korea$1,588,246,373

Top Ten Soybean Exporters, RankCountry Trade Value 1U.S.A.$26,576,204,578 2Brazil$18,062,380,515 3Argentina$6,994,885,066 4Paraguay$1,436,347,976 5Netherlands$1,172,186,907 6Canada$1,039,360,425 7China$478,190,827 8Uruguay$229,748,749 9Belgium$118,522,369 10Bolivia$87,775,122

Top Ten Peanut Importers, RankCountry Trade Value 1EU-25$1,829,468,965 2Netherlands$783,512,884 3United Kindgom$341,766,710 4Germany$323,777,376 5Mexico$285,709,767 6Canada$279,401,360 7Japan$165,620,185 8Russian Federation$152,498,469 9Indonesia$150,949,055 10Italy$146,109,840

Top Ten Peanut Exporters, RankCountry Trade Value 1China$1,199,847,431 2U.S.A.$582,500,632 3India$381,164,827 4Netherlands$326,767,043 5Argentina$266,213,493 6Nicaragua$137,072,217 7Viet Nam$100,163,000 8South Africa$78,260,146 9Brazil$73,276,181 10Belgium$63,000,197

Top Ten Cotton Importers, RankCountry Trade Value 1China$7,906,077,676 2EU-25$3,897,129,455 3Turkey$2,927,251,832 4Indonesia$2,627,749,786 5Thailand$2,187,963,189 6Mexico$2,039,799,253 7Pakistan$1,827,348,854 8Bangladesh$1,674,305,346 9Rep. of Korea$1,569,643,583 10Italy$1,506,599,626

Top Ten Cotton Exporters, RankCountry Trade Value 1U.S.A.$13,945,495,072 2Australia$2,763,300,739 3Greece$1,351,125,943 4EU-25$1,233,949,890 5Egypt$1,179,910,044 6Brazil$1,162,779,095 7India$965,297,427 8Benin$684,081,219 9Cote d'Ivoire$609,035,484 10Burkina Faso$606,945,314