U.S. IMPORTS OF BAKERY PRODUCTS INCREASE SIGNIFICANTLY,
ALTHOUGH IMPORT PENETRATION REMAINS LOW, SAYS ITC
U.S. imports of bakery products increased by approximately 50 percent from 1998 to 2002. However, imports accounted for only 2.4 percent of total U.S. consumption in 2001, according to the U.S. International Trade Commission (ITC) in its report Industry and Trade Summary: Bakery Products.
The ITC, an independent, nonpartisan, factfinding agency, recently released the report as part of an ongoing series of reports on thousands of products imported into and exported from the United States. Following are highlights from the report:
ITC Industry and Trade Summary reports include information on product uses, U.S. and foreign producers, and customs treatment of the products being studied; they analyze the basic factors affecting trends in consumption, production, and trade of the commodities, as well as factors bearing on the competitiveness of U.S. industry in domestic and foreign markets.
This report will be available in the Publications section of the ITC Internet site at www.usitc.gov. A printed copy may be ordered without charge by calling 202-205-1809, or by writing the Office of the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436. Requests may be faxed to 202-205-2104.