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The World Agricultural Situation: Trade Highlights, 1967

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  • Foreign Regional Analysis Division, Economic Research Service

Abstract

Report Summary: A fall in the U.S. share of agricultural imports into most of the countries which are major customers of the United States and a 3-percent decline in import prices of farm products were highlights of 1967 agricultural trade. While the value of world trade in all merchandise rose about 5 percent from 1966 to 1967--half as much as in the previous year--the value of agricultural imports remained about the same. Canada's agricultural imports from the United States were about $25 million higher (5 percent) in 1967 than in 1966, but Japan and most European countries bought less. The drop for Japan was about $50 million (5 percent), but for 15 countries in Europe it totaled $450 million (16 percent).

Suggested Citation

  • Foreign Regional Analysis Division, Economic Research Service, 1968. "The World Agricultural Situation: Trade Highlights, 1967," Miscellaneous Publications 317865, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:317865
    DOI: 10.22004/ag.econ.317865
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    International Relations/Trade;

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