- Import and Export, Export, Import, Business
- 08 April 2024
Why After Six Decades USA’s Agricultural Export Decline & Import Rise?
The USA, one of the world's largest exporters of farm products, is on track to lose the status of net exporter of agricultural commodities to net importer. The US controls almost 20% of the world's export market share of the farm industry. Recently, a report published, claimed that for the first time in 2019, the USA’s import of farm products from the world surpassed the export value. This trend has remained three times out of the last five financial years.
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