Brazil produces more than half of the world's orange juice supply and is the leading exporter of orange juice. In fact, Brazil's orange juice exports make up about 85% of the global orange juice export market. The second-largest producer of orange juice is the United States, but the U.S. falls far behind on exports — 90% of orange juice produced in the U.S. stays in the U.S., but Brazil exports about 99% of its orange juice.
More on the orange juice industry:
- Of all the oranges produced in the world, about one-third of them go for processing, and most of those are made into orange juice.
- Brazilian orange juice production has risen so rapidly that the U.S. has started charging a 15% tariff on orange juice imports from Brazil to prevent the "dumping" of orange juice.
- Managing an orange grove in the U.S. costs about $2,000 US Dollars (USD) per acre (about $800 USD per hectare). This cost has risen more than 60% since the early 2000s.
Discuss this Article
Post your comments