Walnut Market - The U.S. Remains the Strongest Walnut Exporter in the World Other Tree And Bush Fruits And Nuts August 30, 2015
Author: Svetlana Sitkova
Head of Industrial Research Department

walnut market

The U.S. continued its dominance in the global walnut trade. In 2014, the U.S. exported 209 thousand tonnes of walnuts totaling 1,459 million USD, 5% over the previous year. Its primary trading partner on the global walnut market was Germany, where it supplied 11% of its total walnut exports in value terms, accounting for 58% of Germany's total imports.

From 2007 to 2014, the U.S. was a net exporter of walnuts. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was less pronounced.

Mexico and Chile were among the other main global suppliers of walnuts in 2014. However, the fastest growing exporters from 2007 to 2014 were Turkey (+40% per year) and Chile (+23% per year).

In addition to Germany, the U.S.'s top 4 trading partners were the Republic of Korea, Japan, Spain and Turkey, with a combined 43% share of U.S. walnut exports. The share of Turkey increased modestly (+4 percentage points), while the shares of Germany and Spain illustrated negative dynamics (-6 percentage points).

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Source: World: Walnuts - Market Report. Analysis And Forecast To 2020