According to the latest data, although worldwide economy is closed for months due to the epidemic, many countries are reopening the economic market. US pecans have kept stable and solid growth.

The growth of US pecans industry is transferred from overseas market to domestic market. In past ten years, the overseas market, particularly Chinese market drove the growth of the pecans industry. However, after the trade war outburst in 2018, the Chinese market development was hindered, and growth of overseas market stalled. Although such circumstance was rebounding with trade negotiation, in recent two years, the vigorous domestic market of USA has driven overall growth of the pecans industry.

The Chinese market is reviving, and many people expect bounce back of the Chinese market. So far, the export of US pecans in this year has dropped about 9 million pounds, but the export of US pecans to China soared. Compared to the last season, the shipment of US pecans to China is increased from less than 4 million pounds to 16 million pounds, increasing 369% than the minimum level in recent 10 years.