Other Markets

Other Markets

Brazil

  • Brazil was ABC's third-largest South American market in 2016/2017.
  • Recent economic and political turbulence, as well as increased prices, contributed to decreased shipments between crop year 2014/15 and 2015/16. YTD (Aug-May) shipments have already exceeded FY 2015/16 for the same period by 400%.
  • Chile serves as a major source of Brazil's imports of both Chilean and re-exported California Almonds, given their advantageous trade relationship with the United States. In 2014/15 and 2015/16, Brazil made up for its loss in direct U.S. imports by relying heavily on imports from Chile.
 

Indonesia

  • Indonesia imported an average of 2.3 million pounds a year for the past 5 crop years (Aug-Jul).
  • ABC conducted in-market exploratory research in Jakarta and Medan in May 2017 with a view to access opportunities for initial almond promotion activities.
  • With a population of 257.6 million, Indonesia is the fourth most populous country in the world.
 

Japan

  • Japan imported an average 6.6 million lbs. of shelled and inshell almonds between 2011/2012 and 2015/2016.
  • Although ABC has not invested in Japan in more than 5 years, California Almonds are an established presence. ABC will invest $425,000 in Japan for FY 2017/18.
  • Japan's economy has benefited from preferential trade terms with China considering the recent political tension between China and South Korea, posting five consecutive quarters of GDP growth for the first time since 2006.
 

Mexico

  • Despite early economic uncertainty due in part to the U.S. presidential election, economists still anticipate modest positive GDP growth for 2017 in Mexico. 
  • As of April 2017, Mexico has already surpassed its 5-year average of 14.7 million lbs. with year-to-date shipments total of 15.3 million.
  • ABC conducted in-market exploratory research in Mexico City and Monterrey in January 2017.