Export prices of nuts down 12.3 percent in year ending November 2018

‘Tis the season for nutcrackers but not nuts. Nut export prices continue to decline, with a 12.3-percent drop over the year ending November 2018. Overall, nut export prices were 34.2 percent lower in November 2018 than in December 2014.

U.S. nut exports are primarily made up of hazelnuts, pecans, pistachios, walnuts, and almonds, with California producing approximately 80 percent of the world’s almond supply. Along with nut prices, a 10.7-percent drop in soybeans prices also contributed to the decrease in overall agricultural export prices from November 2017 to November 2018.

To read more about nuts, check out Beyond the Numbers: The Rise and Fall of Almond Prices. These data are from the International Price program. They are not seasonally adjusted. Import and export price changes may be revised in each of the 3 months after original publication. For more information, see “U.S. Import and Export Price Indexes — November 2018.” We also have more charts on import and export price trends.