Agricultural Products Exports of Usa: The Trends and Insights of 2024
The United States of America, based in the northern region of the American continent, sharing borders with Canada, Mexico, the Atlantic and Pacific Oceans, in the north, south, east, and west directions, has emerged as the topmost exporter of agricultural products in the international trade market. USA Import Data says the country has recorded an abundance of supply of corn, soybeans, and other grains, with a decrease in export prices by about 20% to global buyers like Mexico, Colombia, and South Korea, with an overall rise of 22% in bulk export volumes. The strong demand for high-value products has contributed to the increasing revenue rates, while the market diversification and new destinations, accompanied by the USDA export promotion and trade program support, have facilitated the export of agricultural essentials.
The trade policy gains and tariff removals, accompanied by the increasing production efficiency of the farming industries, have resulted in an export trade value of agricultural products worth 134 billion US dollars from the USA in 2024. The trade statistics have reported that agricultural goods have recorded themselves as the third-largest annual total on record, with a rise in exports by 1% from the previous year’s valuation. Subscribe to Import Globals, the leading import-export data provider, to keep you updated with the latest market acquisitions of USA trade data, and stay aware of the fluctuations in global trade.
GOVERNMENT INITIATIVE SUPPORTING THE EXPORT OF AGRICULTURAL PRODUCTS FROM THE USA IN 2024
The Market Access Program and Foreign Market Development Program implemented by the government authorities of USA, is a foreign agricultural service that provides funds and support to nearly 70 trade organizations. The Regional Agricultural Promotion Program has supported projects in Africa, Latin America, and Southeast Asia to increase the demand for U.S. farm and food products. The Assisting Specialty Crop Exports Initiative has addressed the non-tariff barriers for specialty crop exporters, increasing the production valuation.
The Trade Missions Exhibit and International Outreach have ensured active participation of the small and medium enterprises in the global trade fairs. The Trade Policy of Incentive Market Access Improvement has processed the regulatory movement of agricultural essentials from the USA to other emerging buyers worldwide.
THE LEADING VARIANTS OF AGRICULTURAL PRODUCTS EXPORTED FROM THE USA IN 2024
Due to the globally growing demands of agricultural products, the United States of America has shifted its focus on the export of agricultural essentials. According to the USA Export Data, the top 10 leading variants of agricultural products exported from the nation in 2024 are,
- Soybeans — The export trade value of Soybeans from USA in 2024–76 billion US dollars
- Corn — The export trade value of Corn from USA in 2024–34 billion US dollars
- Beef & Beef Products — The export trade value of Beef & Beef Products from USA in 2024–28 billion US dollars
- Pork & Pork Products — The export trade value of Pork & Pork Products from USA in 2024–22 billion US dollars
- Dairy Products — The export trade value of Dairy Products from USA in 2024–18 billion US dollars
- Soybean Meal — The export trade value of Soybean Meal from USA in 2024–16 billion US dollars
- Food Preparations — The export trade value of Food Preparations from USA in 2024–14 billion US dollars
- Wheat — The export trade value of Wheat from USA in 2024–12 billion US dollars
- Poultry Meat & Products — The export trade value of Poultry Meat & Products from USA in 2024–10 billion US dollars
- Tree Nuts — The export trade value of Tree Nuts from the USA in 2024–8 billion US dollars
THE TOP 10 EXPORT TRADE PARTNERS OF THE USA FOR AGRICULTURAL PRODUCTS IN 2024
Agricultural Essentials has been a key commodity supporting the export infrastructure of the USA. According to the USA Customs Data, the top 10 export trade partners of the nation for agricultural products export in 2024 are,
- Mexico — The annual valuation of agricultural products exported from the USA to Mexico in 2024–65 billion US dollars
Top 5 variants of agricultural products exported
1. Ginger
2. Turmeric
3. Eggplants
4. Okra
5. Beets
2. Canada — The annual valuation of agricultural products exported from the USA to Canada in 2024–48 billion US dollars
Top 5 variants of agricultural products exported
1. Cabbage
2. Cauliflower
3. Green beans
4. Bell peppers
5. Cucumbers
3. China — The annual valuation of agricultural products exported from the USA to China in 2024–37 billion US dollars
Top 5 variants of agricultural products exported
1. Garlic
2. Carrots
3. Spinach
4. Lettuce
5. Broccoli
4. Japan — The annual valuation of agricultural products exported from the USA to Japan in 2024–28 billion US dollars
Top 5 variants of agricultural products exported
1. Strawberries
2. Cherries
3. Tomatoes
4. Potatoes
5. Onions
5. Germany — The annual valuation of agricultural products exported from the USA to Germany in 2024–23 billion US dollars
Top 5 variants of agricultural products exported
1. Watermelons
2. Papayas
3. Pomegranates
4. Blueberries
5. Cranberries
6. South Korea — The annual valuation of agricultural products exported from the USA to South Korea in 2024–18 billion US dollars
Top 5 variants of agricultural products exported
1. Mangoes
2. Pineapples
3. Avocados
4. Lemons
5. Limes
7. Taiwan — The annual valuation of agricultural products exported from the USA to Taiwan in 2024–12 billion US dollars
Top 5 variants of agricultural products exported
1. Cashew nuts
2. Apples
3. Oranges
4. Bananas
5. Grapes
8. Vietnam — The annual valuation of agricultural products exported from the USA to Vietnam in 2024–10 billion US dollars
Top 5 variants of agricultural products exported
1. Sunflower seeds
2. Peanuts
3. Almonds
4. Walnuts
5. Pistachios
9. Netherlands — The annual valuation of agricultural products exported from the USA to the Netherlands in 2024–8 billion US dollars
Top 5 variants of agricultural products exported
1. Barley
2. Oats
3. Sorghum
4. Rye
5. Canola
10. United Kingdom — The annual valuation of agricultural products exported from the USA to the United Kingdom in 2024–6 billion US dollars
Top 5 variants of agricultural products exported
1. Soybeans
2. Corn
3. Wheat
4. Cotton
5. Rice
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