Forecast: Agricultural Raw Materials Imports in the US

Between 2024 and 2028, the forecast for U.S. agricultural raw materials imports as a percentage of goods exports indicates stability, maintaining a value around 1.06 to 1.07. This suggests minimal fluctuation and indicates an expectation for steady import reliance relative to exports over these years. As of 2023, we assume a similar base level providing continuity into the forecast.

Future trends to watch for include:

  • Global trade policy changes and their impact on import-export balances.
  • Technological advancements in agriculture affecting domestic production capabilities.
  • Fluctuations in global supply chains due to climate change or geopolitical factors.

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