US Food Imports Reach an All-Time High

Reported about 15 hours ago

The United States, traditionally a global agriculture leader, is now experiencing unprecedented levels of food imports, with a projected trade deficit in agricultural goods reaching $49 billion this year. This shift comes as imports of staples like avocados and coffee increase, while American exports, particularly of common crops, decline. The landslide began in 2023, marking the first time since then that the US has imported more food than it exported annually, suggesting a longstanding trend of increasing agricultural trade deficits.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis