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The Top 10 Agro Products That Are Most Imported in the World 2023
Agro products are agricultural commodities that are produced and traded in the global market. They include crops, livestock, dairy, and processed foods. Agro products are essential for food security, nutrition, and livelihoods of billions of people around the world. According to the OECD, trade in agro products has grown strongly over the last two decades, reaching almost 7% in real terms annually between 2001 and 2019.
But what are the most imported agro products in the world? And which countries are the main importers and exporters of these products? In this blog post, we will answer these questions based on the latest data and projections from various sources, such as USDA, FAO, and WTO.
Here are the top 10 agro products that are most imported in the world in 2023, ranked by value:
1. Soybeans: Soybeans are oilseeds that are used for animal feed, human consumption, and biofuel production. They are rich in protein and oil and can be processed into various products, such as soy milk, tofu, soy sauce, and soybean oil. The global import value of soybeans is projected to reach $51 billion in 2023, up from $45 billion in 2019. The main importers of soybeans are China, the European Union, Japan, Mexico, and Indonesia. The main exporters of soybeans are the United States, Brazil, Argentina, Canada, and Paraguay.
2. Wheat: Wheat is a cereal crop that is used for human consumption and animal feed. It is one of the most widely consumed staple foods in the world and can be made into various products, such as bread, pasta, noodles, cakes, and biscuits. The global import value of wheat is projected to reach $49 billion in 2023, up from $41 billion in 2019. The main importers of wheat are Egypt, Indonesia, Algeria, Turkey, and Brazil. The main exporters of wheat are Russia, the United States, Canada, France, and Australia.
3. Corn: Corn is another cereal crop that is used for human consumption and animal feed. It is also a source of biofuel and industrial products, such as starch, sweeteners, ethanol, and bioplastics. The global import value of corn is projected to reach $40 billion in 2023, up from $34 billion in 2019. The main importers of corn are Japan, Mexico, South Korea, Egypt, and Vietnam. The main exporters of corn are the United States, Brazil, Argentina, Ukraine, and Russia.
4. Dairy Products: Dairy products are products derived from milk of animals such as cows, goats, and sheep. They include milk, cheese, butter, yoghurt, and ice cream, among others. The global import value of dairy products is projected to reach $31 billion in 2023, up from $27 billion in 2019. The main importers of dairy products are China, Russia, Japan, Mexico, and the European Union. The main exporters of dairy products are New Zealand, the European Union, the United States, Australia, and Belarus.
5. Palm Oil: Palm oil is a vegetable oil that is used for cooking, food processing, and biofuel production. It is also an ingredient in many household and personal care products, such as soap, shampoo, and cosmetics. The global import value of palm oil is projected to reach $28 billion in 2023, up from $23 billion in 2019. The main importers of palm oil are India, the European Union, China, Pakistan, and Bangladesh. The main exporters of palm oil are Indonesia, Malaysia, Thailand, and Colombia.
6. Sugar: Sugar is a sweetener that is used in many food and beverage products, such as soft drinks, confectionery, and bakery items. It is also a raw material for biofuel production. The global import value of sugar is projected to reach $26 billion in 2023, up from $22 billion in 2019. The main importers of sugar are Indonesia, China, the European Union, Algeria, and Bangladesh. The main exporters of sugar are Brazil, Thailand, India, Australia, and Mexico.
7. Beef: Beef is a meat product that is produced from cattle. It is a popular protein source in many parts of the world and can be consumed fresh or processed, such as in sausages and burgers. The global import value of beef is projected to reach $24 billion in 2023, up from $21 billion in 2019. The main importers of beef are the United States, China, Japan, South Korea, and Hong Kong. The main exporters of beef are Brazil, Australia, the United States, India, and Argentina.
8. Poultry: Poultry refers to meat products that are produced from birds such as chicken, turkey, and duck. They are a popular protein source in many parts of the world and can be consumed fresh or processed, such as in nuggets and sausages. The global import value of poultry is projected to reach $23 billion in 2023, up from $20 billion in 2019. The main importers of poultry are the European Union, Saudi Arabia, Japan, South Africa, and Iraq. The main exporters of poultry are Brazil, the United States, the European Union, Thailand, and China.
9. Coffee: Coffee is a beverage product that is made from roasted coffee beans. It is one of the most widely consumed beverages in the world and can be consumed hot or cold, with or without milk and sugar. The global import value of coffee is projected to reach $21 billion in 2023, up from $19 billion in 2019. The main importers of coffee are the United States, Germany, Japan, Italy, and France. The main exporters of coffee are Brazil, Vietnam, Colombia, Indonesia, and Honduras.
10. Fruits and Vegetables: Fruits and vegetables are perishable products that are consumed fresh or processed, such as in juices and jams. They are rich in vitamins, minerals, and dietary fiber, and are essential for a healthy diet. The global import value of fruits and vegetables is projected to reach $20 billion in 2023, up from $18 billion in 2019. The main importers of fruits and vegetables are the United States, the European Union, China, Japan
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