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		<title>Chart: US hemp legalization hasn’t cooled imports</title>
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					<description><![CDATA[<p>Hemp imports were cited as a main driver for Congress voting in 2014 to authorize limited experimentation with the crop after decades of head-scratching policies allowing hemp to be bought and sold in the United States — as long as it was grown somewhere else. But hemp exports have grown dramatically ever since. Hemp imports</p>
<p>The post <a href="https://cbddroppers.com/2021/03/09/chart-us-hemp-legalization-hasnt-cooled-imports/">Chart: US hemp legalization hasn’t cooled imports</a> appeared first on <a href="https://cbddroppers.com">Hemp &amp; CBD</a>.</p>
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<p>Hemp imports were cited as a main driver for Congress voting in 2014 to authorize limited experimentation with the crop after decades of head-scratching policies allowing hemp to be bought and sold in the United States — as long as it was grown somewhere else.</p>
<p>But hemp exports have grown dramatically ever since.</p>
<p>Hemp imports grew 82% in the first year after the passage of the 2014 Farm Bill, from $42.9 million in 2014 to $78.1 million in 2015.</p>
<p>Hemp imports continued to climb after hemp authorization was expanded four years later.</p>
<p>Last year the U.S. imported an estimated $87.8 million in hemp, according to the <em>2021 Hemp &amp; CBD Factbook.</em></p>
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<p><span data-contrast="auto">N</span><span data-contrast="auto">on-CBD h</span><span data-contrast="auto">emp imports into the United States </span><span data-contrast="auto">grew</span><span data-contrast="auto"> by </span><span data-contrast="auto">10%</span><span data-contrast="auto"> in </span><span data-contrast="auto">first 10</span><span data-contrast="auto"> months of </span><span data-contrast="auto">2020, compared to the same period in 2019.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p>
<p><span data-contrast="auto">The value of i</span><span data-contrast="auto">ncoming shipments of hempseed </span><span data-contrast="auto">through October </span><span data-contrast="auto">jumped nearly a quarter compared to 2019, while </span><span data-contrast="auto">the value of raw hemp </span><span data-contrast="auto">imports </span><span data-contrast="auto">leaped by more than a third. </span></p>
<p><span data-contrast="auto">The</span><span data-contrast="auto"> 10-month</span> <span data-contrast="auto">values for these two categories </span><span data-contrast="auto">exceeded the</span> <span data-contrast="auto">full-year </span><span data-contrast="auto">values</span><span data-contrast="auto"> for 2019</span><span data-contrast="auto"> and</span><span data-contrast="auto"> offset severe drops in the</span><span data-contrast="auto"> import of hempseed oil and oilcake</span><span data-contrast="auto"> in 2020.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p>
<p><span data-contrast="auto">According to the International Trade Commission, </span><span data-contrast="auto">Canada remained the top source for hemp imports</span><span data-contrast="auto"> in 2020</span><span data-contrast="auto">, supplying more than 85% of incoming non-CBD</span><span data-contrast="auto"> products</span><span data-contrast="auto"> in</span><span data-contrast="auto"> the 10 months ended October</span><span data-contrast="auto">.</span></p>
<p><span data-contrast="auto">China, </span><span data-contrast="auto">Romania, the Dominican Republic </span><span data-contrast="auto">and Poland rounded out the top five countries </span><span data-contrast="auto">delivering hemp</span><span data-contrast="auto"> fiber, textile and seed products to the United States</span><span data-contrast="auto"> during that period.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p>
<p><span data-contrast="auto">Compared</span><span data-contrast="auto"> to 2018</span><span data-contrast="auto">, </span><span data-contrast="auto">Lithuania, Germany</span><span data-contrast="auto"> and Bolivia </span><span data-contrast="auto">were new entrants to the top 10 list of</span><span data-contrast="auto"> hemp-exporting</span><span data-contrast="auto"> countries in 2020</span><span data-contrast="auto">.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p>
<p><em>More exclusive intelligence about the hemp industry is available in the</em> Hemp &amp; CBD Industry Factbook 2021 Edition.<em> It’s <a href="https://hempindustrydaily.com/hemp-factbook/?utm_medium=display&amp;utm_source=hemp_daily&amp;utm_campaign=HempFactbook&amp;utm_content=homepage_CTAbox&amp;utm_term=2021EditionNowAvailable" target="_blank" rel="noopener">on sale here</a>.</em></p>
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<p>The post <a href="https://cbddroppers.com/2021/03/09/chart-us-hemp-legalization-hasnt-cooled-imports/">Chart: US hemp legalization hasn’t cooled imports</a> appeared first on <a href="https://cbddroppers.com">Hemp &amp; CBD</a>.</p>
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