According to U.S. trade statistics, U.S. planting seed exports
increased from $245 million to $263 million or 7.3 percent in the
July- Oct period in MY 03/04 compared to the same period last year.
All
seed categories increased in value of exports except field crop
seeds. Mexico is by far the United States largest export market
with exports increasing $6.1 million so far this marketing year.
The U.S.
has consistently increased its exports of planting seeds to the
Mexican market over time. U.S. exports were worth $212 million to
Mexico in 02/03, accounting for approximately 26 percent of total
exports. So far this MY, Mexico has increased its imports of
vegetable seeds, particularly tomato, pepper and onion seeds
compared to last year. An increase in grain sorghum seed imports
was not enough to offset the declines in soybean and corn seed.
The
Mexican market should continue to be favorable for U.S. exports for
several reasons: The Mexican Seed Law has lowered restrictions on
seed trade while the Seed Variety Law has given breeders more
protection. Maintaining and even increasing sales to Mexico will
require staying ahead of the competition in terms of developing and
introducing new varieties to help solve agronomic problems in
Mexico.
The
table below shows the seed export values to the top ten export
markets and the percentage change between the first 4 months of this
MY compared to last year.
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