Five destinations accounted for 59 percent of all U.S. agricultural exports, by value, in 2017

Five destinations accounted for 59 percent of all U.S. agricultural exports, by value, in 2017

The United States exported $138 billion worth of agricultural goods in 2017. Since 2015, annual export value has increased each year, but is still down from a record of $150 billion in 2014. Although the United States exports agricultural goods to most countries worldwide, for the last 3 decades, close to 60 percent of the value of U.S. agricultural exports has gone to five major trading partners: Canada, China, Mexico, the European Union (EU-28), and Japan. In 2017, this pattern persisted, with 59 percent going to these five markets. The dominance of key U.S. markets occurs for a number of reasons. In the cases of Canada and Mexico, proximity to the United States plays a large role in their trade relationships, and regional trade agreements have further increased trade between the United States and these neighbors. In the cases of China, Japan, and the EU-28, the sheer size of the economies involved is the key factor determining trade shares: after the United States, the EU-28, China, and Japan have the highest gross domestic products, and each of these countries accounts for a significant share of global imports of agricultural goods. While 2018 calendar year data are not yet available, exports for fiscal year 2018 increased to $141.5 billion. This chart is drawn from data in the Foreign Agricultural Trade of the United States (FATUS) data product, updated in February 2019. See also Outlook for U.S. Agricultural Trade: November 2018.


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Last updated: Friday, February 22, 2019

For more information contact: Alex Melton