Posted on June 17, 2021

U.S. agricultural exports are projected to reach a record-breaking $164 billion in the financial year 2021.

The U.S. Department of Agriculture noted the record high represents a $28 billion, or 21%, increase from the previous fiscal year 2020, and a $7 billion increase from the February forecast. The previous export record of $152.3 billion was set in financial year 2014.

Soybean export volumes are forecast at record levels because of surging demand from China, and the USDA projects exports of $28.9 billion, up $1.5 billion from the February estimate.

Brexit Sweden freight container Swedish France Germany Covid-19 Finland Netherlands exports China Vietnam freight forwarding EU Ireland Switzerland rail freight Spain freight forwarders India containers South Africa Sweden Gothenburg shipping italy U.S.A exports China freight Hong Kong Denmark logisitics export USA Australia Seafreight Norway Pakistan air freight exporters cargo Canada logistics Turkey Poland Freight Shipping waste Japan wine imports