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In 2024, Mexico was the largest market for U.S. agricultural products and the only market to reach over $30 billion in agricultural exports. Market opportunities continue to expand with U.S. consumer-oriented products increasing by 13 percent.
Marketing year (MY) 2025/26 rice production in the Republic of Korea (ROK) is forecast further down on reduced planted area approaching half of the government’s reduction target of 80,000 hectares.
In 2024, Mexico imported more than 35 million metric tons of grains from the United States. The North American freight rail network is an increasingly important mode of transport for handling the growth in this trade.
Stronger local white corn prices and rising demand for rice and sorghum are expected to drive increased production in marketing year 2025/2026.
Mexico’s potato production is estimated at 2.28 million metric tons (MMT) in marketing year (MY) 2025/26 (July 1 – June 30), four percent higher than the estimated MY 2024/25 production due to seasonal rains in several potato-producing states in mid-2024, easing drought conditions.
Mexico’s 2025 tomato production is forecast at 3.1 million metric tons (MMT), a three percent decrease year-on-year based on continuing drought conditions in the main production areas and lower projected planting for the autumn-winter season.
The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.
South Korea’s whiskey imports experienced a compound annual growth rate (CAGR) of 17.1% in value from 2020 to 2024, totaling $249 million.
With limited domestic production and increasing consumer demand, Korean imports of tree nuts continue to grow steadily, recording a compound annual growth rate of six percent over the last five years.
Mexico’s dairy sector is projected to grow modestly in 2025, supported by better feed and water access, herd expansion, and ongoing efficiency gains. Production is expected to rise despite 2023–2024 drought impacts and New World Screwworm infestations in southern Mexico.
Mexico's coffee production is forecast to reach 3.9 million green bean equivalent in the 2025/26 marketing year. This slight increase from the previous year is attributed to planting incentives driven by favorable coffee prices and ongoing efforts to improve coffee varieties.
Korea's food processing industry relies heavily on imports to fulfill its food and agricultural needs in order to manufacture a wide variety of food and beverage products.