Should the US maintain the current position of no labeling, exports from the US to the EU could suffer severely. Voluntary arrangements between US exporters and EU importers involving labeling could reduce the negative trade effect.
Brazil is another important actor, particularly in the soybean market.
Should the Brazilian government or the legal system conclude that GM seeds will not be permitted for planting, then an expansion of Brazilian exports to the EU seems likely. A large number of other potential importers of US soybeans, maize, cotton, and other GM commodities including important Asian countries are currently deliberating their position on GM foods and agricultural commodities. The outcome of these deliberations will also influence future food and agricultural trade.