Does the U.S. Feed the World? Economic Research Service U.S. Department of Agriculture.

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Presentation transcript:

Does the U.S. Feed the World? Economic Research Service U.S. Department of Agriculture

Ag exports exceed imports

U.S. food imports 2003 (Total: $45.7 Billion) Horticultural products –$23.2 Billion Animals, animal products –$8.6 Billion Coffee, cocoa, rubber –$5.3 Billion Grains and feeds –$3.9 Billion Sugar, tobacco –$2.8 Billion Oilseeds, oilseed products –$2.0 Billion

Who does the U.S. Import food from? Value of U.S. agricultural imports, ranked by country Fiscal yearGrowth Country (billion U.S.$)Percent European Union % Canada % Mexico % Australia % Brazil % New Zealand % Chile % China, mainland % Indonesia % Colombia % World % Source: Economic Research Service, USDA and the Census Bureau, U.S. Department of Commerce.

U.S. Food Exports 2003 (Total: $56.2 Billion) Grain, grain products –$14.8 Billion Animals, animal products –$11.9 Billion Oilseeds, oilseed products –10.2 Billion Fruits, nuts, juice, wine –$6.3 Billion Sugar, tropical products –$4.3 Billion Cotton, tobacco –$3.9 Billion Vegetable Products –$1.3 Billion

Who does the U.S. Export food to? Value of U.S. agricultural exports, ranked by country Fiscal yearGrowth Country (billion U.S.$)Percent Canada % Japan % Mexico % European Union % China, mainland % South Korea % Taiwan % Hong Kong % Indonesia % Turkey % World % Source: Economic Research Service, USDA and Census Bureau, U.S. Department of Commerce. Imports

20% of U.S. Corn is Exported (2003: 41 million metric tons, $4.6 Billion) Total U.S. Production: 256,904,560 MT Total World Production: 637,444,480 MT

Japan is the largest importer of U.S. Corn

U.S. Wheat Exports (2003: $3.9 billion, 50% of U.S. exported) Total U.S. Production: 63,589,820 Total World Production: 549,433,727

Rice Total World Rice Production: –588,563,933 MT Total U.S. Rice Production: –9,033,610 MT

Soy Exports (2003: $6.5 Billion Dollars) Top Ten U.S. Export Customers $ Million Soybean Exports China$2,889 European Union-15 $1,114 Mexico$981 Japan$957 Taiwan$419 Indonesia$324 Korea$282 Thailand$181 Canada$158 Turkey$91 All Others$583 Total$7,980 Soybean Meal Exports Canada$242 Mexico$150 Indonesia$96 Australia$83 Dominican Republic $73 Japan$61 Philippines$57 Turkey$44 Venezuela$40 Algeria$39 All Others$304 Total$1,189 Soybean Oil Exports Mexico$82 Canada$72 Cuba$50 China$48 Egypt$27 Korea$21 India$21 Peru$19 Iraq14 Turkey13 All Others$188 Total$556 50% of U.S. soy is exported

U.S. Meat Exports

U.S. Beef Exports

U.S. Pork Exports

U.S. Broiler Meat Export