Browse Data and Analysis

Ample opportunities exist for U.S. agricultural exports to South Korea. Highlighted in the chart above, U.S. agricultural product exports were a record $9.5 billion in 2022, up 2 percent from 2021. South Korea is the sixth largest export market for the United States, thanks in part to a successful free trade agreement (KORUS) between the two countries and a robust demand for high-quality U.S. food products.

The APHIS and FAS China offices have confirmed with the General Administration of Customs of the People’s Republic of China (GACC) Department of Animal Plant Quarantine (DAPQ) that sulfuryl fluoride is allowed for fumigation of U.S.-origin logs before export to China.

In recent years, wood logs and processed wood products exports have accounted for seven percent of New Zealand's commodity exports. Approximately 38 percent of New Zealand’s landmass features native and exotic forestry; of this area, production forestry currently covers 6.5 percent or 1.8 million hectares of the country.

Taiwan aims to expand use of renewable energy to 20 percent by 2025. Developing renewable energy is the most important implementation component to reach the goal and wood pellets is a green energy resource option being considered by Taiwan.

On May 8, 2023, the Forestry Agency revised the Clean Wood Act. On October 11, 2023, the Forestry Agency proposed what types of information can be considered as equivalent to legal harvest certification.

In 2022, EU wood pellet consumption hit a new record of 24.8 million metric tons (MMT) mainly due to increased residential use.

China’s consumption of wood products has fallen significantly due to slowing economic growth, a weakened housing sector, changing consumer preferences, and reduced demand from overseas markets.

Spain is a net exporter of wood pellets. The country's pellet production hit a new record in 2022, amounting to 768,000 Metric Tons (MT).

Since the Netherlands lifted all COVID-19 related restrictions at the end of February 2022 and most people returned to the workplace, new opportunities continue to emerge for U.S. agricultural products. Consumers are especially interested in healthier, more convenient, nutritious, and high-quality products.

The Ministry of Economy, Trade and Industry (METI) proposed default greenhouse gas (GHG) emission values for biomass feedstock eligible for the feed-in tariff and feed-in premium (FIT/FIP) programs for power generation.

Canadian wood pellet production is forecast to remain stable for 2022 at 3.5 million metric tons. Canada's wood pellet exports are forecast to grow five percent on increased demand from Europe and Asia.

FY2022 agricultural exports reach record levels.