1、 Approved by USDAs World Agricultural Outlook Board Outlook for U.S.Agricultural Trade:May 2026 The forecasts in this report are based on policies in effect at the time of the May 12,2026,World Agricultural Supply and Demand Estimates(WASDE)release and assume that these policies will remain in place
2、 throughout the forecasting period.Table 1U.S.agricultural trade,fiscal years(FYs)202026 1/Item2020 2021 2022 2023 2024 2025 FebruaryMayExports139.7 171.8 196.0 178.0 174.1 175.6 174.0 176.5 Imports143.4 163.3 194.1 195.3 206.1 219.4 203.0 205.5 Balance-3.7 8.5 1.9 -17.3 -31.9 -43.7 -29.0 -29.0 Bill
3、ion U.S.dollarsFiscal year 2026Forecast Source:USDA,Economic Research Service and USDA,Foreign Agricultural Service analysis and forecasts using data from U.S.Department of Commerce,Bureau of the Census.Note:Due to rounding,balance may not agree with import and export data.1/Fiscal year is defined a
4、s October 1 of previous year through September 30 of current year.AES-136|May 28,2026 Economic Research Service and Foreign Agricultural Service Situation and Outlook Report Next release is August 27,2026 2 Outlook for U.S.Agricultural Trade:May 2026,AES-136,May 28,2026,USDA,Economic Research Servic
5、e and USDA,Foreign Agricultural Service Table 2Macroeconomic variables affecting U.S.agricultural exports for calendar years 2025 and 2026 1/Share of U.S.20252026202520262026GDPPopulationagricultural exportsRegion/Country Previous forecastWorld 3/1.0-2.93.43.13.3North America3.6-5.41.92.22.327.87.53
6、1.8United States 4/-2.12.32.423.84.2Canada2.1-1.91.71.51.61.90.515.9Mexico5.1-8.80.61.61.51.31.615.9Emerging markets 5/0.5-2.75.04.54.527.143.620.1Brazil3.7-5.92.31.91.62.42.80.5Russia-8.3-3.51.01.10.81.81.80.1India4.24.97.66.56.43.717.71.2Indonesia3.92.35.05.15.11.33.51.7China-0.1-3.75.04.44.517.81
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