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In 2024, French imports of U.S. food and agricultural products reached approximately $1.05 billion, reflecting modest growth.
In 2024, the United States retained its position as the leading exporter of agricultural and related products to Jamaica, exporting approximately $650 million in bulk, intermediate, and consumer-oriented goods.
Australia is the world’s second-largest producer and exporter of almonds, behind only the United States, and the industry continues to grow.
Australia is a prosperous, industrialized nation with a stable economy that fosters an open and transparent trade and investment environment.
Australia’s milk production in 2025 is estimated to decline to 8.6 million metric tons (MMT), following a significant 2.3 percent increase in 2024. The growth experienced in 2024 has stalled, primarily due to very dry conditions across southwest Victoria and South Australia.
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.
A large portion of Australia’s winter cropping area is well-positioned, heading into the forecast year. In New South Wales, Queensland, and Western Australia, early seasonal conditions are favorable, indicating potential for strong wheat and barley production.
Production for Jamaica sugar is projected to fall to 33,000 metric tons (MT) for marketing year (MY) October 2025 to September 2026, consistent with the ongoing downward trend observed in the industry.
Australia’s sugar production is forecast to decline to 3.8 million metric tons (MMT) in marketing year (MY) 2025/26, down from an estimated 3.85 MMT in MY 2024/25, marking the lowest level of production in over a decade.
The French food processing industry mobilizes more than 19,000 companies, of which nearly 98 percent are small- and medium-sized enterprises (SMEs). The sector generates $177 billion in annual revenue, and it indirectly contributes to nearly 2 million jobs in France.
Australian oilseed production, dominated by canola, is expected to be strong for the fifth consecutive season during the marketing year (MY) 2025/26.
After four successive years of big cotton crop production in Australia, the forecast for marketing year (MY) 2025/26 falls to 4.1 million bales, 13 percent above the previous 10-year average.