The U.S. Dairy Export Council has called on President-elect Biden to ensure improved access for U.S. farmers to overseas markets in future trade deals. Such deals are unlikely to be an early priority for a Biden administration. Global trade in dairy products was worth $85.1 billion in 2018, though that was led by intra-EU trade. China and the RCEP group ex-China accounting for 9.3% and 11.3% of the total respectively. U.S. dairy exports covered by the phase 1 trade deal with China expanded by 29.6% year over year in Q3’20 already. The U.S. is unlikely to join RCEP but may eventually join...
Copyright © 2025 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.




