An article published by the World’s Best Publishers and publishers’ association has revealed that the United States leads the world in food trade volume, and that China is the second-largest market for American exports.
As part of the report, the publishers’ trade group found that the US had more than 4.3 billion pounds of food products in the country’s food trade with China in 2014, accounting for $3.7 trillion in sales.
China, by contrast, had a $2.5 billion trade volume and an estimated $1.6 trillion in U.S. sales in 2014.
The report, which was produced by the Association of Food and Agriculture Organization (AAFO), said that the U.T.S.-China trade was $2 billion a year in 2013, $2 trillion in 2014 and $2,200 billion in 2020.
That is an increase of more than 8 percent annually since 2010.
It is also significantly higher than the $1 billion a day that China exported to the U, according to the AAFO report.
“This increase in Chinese food trade reflects a trend we’ve seen in the last year,” said AAFO vice president and general manager of trade strategy Michael Kibbe.
“China is the world’s largest food exporter, but it’s also the world leader in exporting food to other countries, including the U: it’s the only country that imports a third of its food.”
The report also found that there are significant gaps in U, Australian, Canadian, Japanese, New Zealand, and South Korea food trade volumes, with the United Kingdom having the highest and the United Arab Emirates the lowest.
The United States is second to China, followed by the United Nations and Japan.
It’s important to note that there’s also an economic dimension to the food trade.
The AAFO said that $4.7 billion in U- and Australian-based food exports are exported to China each year, accounting at least in part for that nation’s exports of the United Foods Group, the largest food retailer in the world.
That’s more than the annual U.N. budget for food, which accounts for $1 trillion in trade.
“It is the global trade in food that provides a lifeline for many poor countries and for people in developing countries that desperately need food,” Kibbes said.
The AAFO also said that in 2016, food exports to the United states were worth $2 million a day, or $3 billion a week, and in 2019, the value of food exports stood at $2 to $3 million a week.
The trade report, titled “The Rise and Fall of the U-Trader: A Survey of the World Food Trade Industry,” is available on the AAFL website.
It will be presented at the AAFCS 2017 conference in Washington, D.C., later this month.