Foreign Agricultural Trade of the United States March/April 1988
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U.S. agricultural export value and volume rose 20 percent during the first
5 months of fiscal year (FY) 1988 (October 1987-February 1988), reaching
$14.5 billion and 63 million tons. Agricultural import value during the fir t
5 months of FY 1.988 totaled $8.9 billion, 3 percent above that for the
same period of FY 1987. Rebounding U.S. agricultural exports boosted the
export level from more that 30 States during FY 1987. The exported share
of U.S. agricultural production increased to 15 percent in FY 1987, up from
14 percent in FY 1986. Japan was the top market for U.S. agricultural exports
for the last 5 fiscal years, followed by the Netherlands, Canada,
South Korea, the' USSR, Mex~co, Taiwan, and West Germany.