7 Countries That Dominate the World’s Agricultural Exports
Agricultural exports are an important source of income and food security for many countries around the world. According to the Food and Agriculture Organization of the United Nations (FAO), the value of agricultural exports reached $1.8 trillion in 2020, accounting for 9.4% of the total merchandise exports.
Some countries have a comparative advantage in producing and exporting certain agricultural products, such as grains, fruits, vegetables, meat, dairy, and spices. These countries benefit from favorable climatic conditions, abundant natural resources, advanced technologies, efficient logistics, and strong trade policies.
In this article, we will look at the top seven countries that dominate the world’s agricultural exports, based on the latest data from FAO and Statista. We will also examine the main products they export and the major markets they serve.
1. United States
The United States is the largest agricultural exporter in the world, with a market share of 8.2% in 2020. The country exported $147.9 billion worth of agricultural products, mainly to China, Canada, Mexico, Japan, and the European Union.
The United States is the top producer and exporter of corn, soybeans, sorghum, wheat, cotton, beef, poultry, dairy products, nuts, fruits, and vegetables. The country has a highly diversified and mechanized agricultural sector that benefits from large-scale farms, high yields, innovation, and subsidies.