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- (-) August 2024
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In 2023, U.S. agriculture exports to El Salvador reached $860 million, a slight drop of 12 percent compared to 2022 due mainly to lower wheat and oil seeds imports. However, the consumer-oriented products category saw a promising increase from $349 million to $364 million, marking a 4.4 percent growth.
The United States is largest agricultural trading partner with Vietnam that does not have an FTA with Vietnam. The MFN tariff rates that apply to U.S. agricultural products are substantially higher than those stipulated in Vietnam’s many FTAs.
In MY 2023/2024, Vietnam’s rice production appears to be remained stable compared to previous year. Despite a slight decline in harvested areas because of climate change as drought and salt-instruction. By adjusting the crop calendar and adopting new rice high-yield, disease-tolerance rice varieties have led to higher yields compared to the previous year, thereby, offsetting losses from reduced harvested areas.