The latest published data from the US Department of Agriculture (USDA) projected that the United States’ ‘Horticultural exports are set to rise by $1.2 billion to a record $41.5 billion, the result of expected higher exports across all categories’ next year.
The Outlook for U.S. Agricultural Trade report, published by the USDA Economic Research Service (ERS) forecasts that exports for the 2025 financial year for US fresh fruit and vegetable exports will rise by $100 million to $7.6 billion due, in part, to rising apple shipments to India following last year’s lifting of retaliatory tariffs that had been in place since 2019.
‘Processed fruits and vegetables are forecast $300 million higher to $8.3 billion on rising exports to Canada, Mexico, and Europe. Whole and processed tree nuts are forecast $400 million higher to $9.9 billion on steady unit values and stronger demand from Europe and Asia,’ the report added.
Other horticultural products are forecast up $400 million to $15.7 billion on higher shipments of miscellaneous products (e.g., other food preparations, beer, and mixed seasonings) to Canada, Mexico, and Europe.
In addition, the estimates for the 2024 financial year have been amended. The estimate for horticultural product exports is raised $1.3 billion to $40.3 billion. Fresh fruits and vegetables are revised $400 million higher to $7.5 billion and processed fruit and vegetables are up $300 million to $8.0 billion on stronger strawberry shipments to Canada and dried bean exports to Mexico. Whole and processed tree nuts are raised $500 million to $9.5 billion due to rebounding unit values and stronger demand from Europe and Asia. ‘Other horticultural products’ are up $100 million to $15.3 billion on increased miscellaneous products (e.g., other food preparations, beer, and mixed seasonings) to Canada, Mexico, and Europe.
