| OUTLOOK for U.S. Agricultural Trade | ||||||||||||||||
| Forecast Fiscal | ||||||||||||||||
| 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | Year 2008 | ||||
| NOV | FEB | |||||||||||||||
| Exports | 59.9 | 57.4 | 53.6 | 49.1 | 50.7 | 52.7 | 53.3 | 56.0 | 62.4 | 62.5 | 68.6 | 81.9 | 91.0 | 101.0 | ||
| Imports | 32.5 | 35.7 | 36.8 | 37.3 | 38.9 | 39.0 | 41.0 | 45.7 | 52.7 | 57.7 | 64 | 70 | 75.5 | 76.5 | ||
| Balance | 27.4 | 21.7 | 16.8 | 11.8 | 11.8 | 13.7 | 12.3 | 10.3 | 9.7 | 4.8 | 4.6 | 11.9 | 15.5 | 24.5 | ||
| (Billion Dollars) | ||||||||||||||||
| Sources: U.S. Department of Agriculture and Bureau of Census, U.S. Department of Commerce. | ||||||||||||||||
| 1996 vs. 2007 | ||||||||||||||||
| Export Value = +$22.0 Billion + 36.73% | ||||||||||||||||
| Import Value = +$37.5 Billion + 115.38% | ||||||||||||||||
| Balance of Ag Trade = -$15.5 Billion - 56.6% | ||||||||||||||||