A new report released by the Organic Trade Association shows that organic equivalency arrangements have significantly boosted overseas business for U.S. organic. The study finds that these accords have collectively increased annual U.S. organic exports by 58 percent during 2011-2014 over what exports would have been without any agreement in place. Since the implementation of the trade equivalency arrangements, US organic exports to the EU have risen by 44 percent, to Japan by 17 percent, and to Canada by 14 percent. In dollar value, organic apples, lettuce, grapes, spinach and strawberries are the top five organic exports, and organic coffee and soybeans are the top organic imports. The research used harmonized trade codes for organic exports and imports to look at how organic exports and imports change. Not all organic products have trade codes; currently, there are 34 export and 40 import codes for organic products. Annual U.S. organic exports are estimated at $3.2 billion.
Wednesday, December 16, 2015
