United States – European Union Agricultural Trade Flows
AbstractPopulation growth and general economic performance drives global demand for food and agricultural products, which lays the foundation for trade and U.S. exports (ERS a). Through the effects on employment, purchasing power and income, agricultural exports play a significant role in both the farm and nonfarm economy (Edmonson). In 2006, each export farm dollar earned generated an additional $1.65 in business activity in 2006 (Edmondson). As a result, the $71.0 billion earned in agricultural exports stimulated an additional $117.2 billion in general economic activity in 2006 (Edmondson). Over the past five years, values of agricultural exports from the U.S. have been on the rise hitting record levels (Brooks). Increased demand in Canada and Mexico are primarily responsible for the renewed growth within agricultural exports (Brooks). Figure 1-1 shows all major agricultural products being exported from the U.S. over the past five years. The largest area of agricultural exports from the U.S. has consistently been cereal products. These types of products include major cereals such as barley, millet, and oat, as well as pseudo cereals that include buckwheat, amaranth and quinoa (Seibel). These products currently compose 23% of total U.S. agricultural exports and have traditionally been the largest export product(ERS a).
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by European Association of Agricultural Economists in its series 110th Seminar, February 18-22, 2008, Innsbruck-Igls, Austria with number 49841.
Date of creation: Oct 2008
Date of revision:
Agribusiness; Agricultural and Food Policy; Farm Management; Food Consumption/Nutrition/Food Safety; Industrial Organization;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-06-10 (All new papers)
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.