2021 Country Overview

Top U.S. Agricultural Export Markets

(values in million USD)
Commodity 2017 2018 2019 2020 2021 2020-2021 % Change 2017-2021 Average
China 19,558 9,243 13,853 26,399 32,977 25 20,406
Mexico 18,816 19,303 19,399 18,336 25,518 39 20,274
Canada 21,744 22,001 21,944 22,277 25,049 12 22,603
Japan 12,127 13,140 12,000 11,715 14,244 22 12,645
European Union-27 10,478 12,532 10,788 10,362 10,961 6 11,024
Korea, South 6,987 8,481 7,742 7,707 9,382 22 8,060
Taiwan 3,332 3,964 3,577 3,274 3,867 18 3,603
Philippines 2,678 3,083 2,996 3,210 3,549 11 3,103
Vietnam 2,557 4,055 3,543 3,362 3,479 3 3,399
Colombia 2,584 2,985 2,781 2,863 3,413 19 2,925
Indonesia 2,895 3,101 2,859 2,823 2,935 4 2,923
Egypt 769 1,914 1,556 1,895 2,057 9 1,638
India 1,898 1,765 2,127 1,744 1,802 3 1,867
United Kingdom 1,888 1,998 1,782 1,726 1,798 4 1,839
Dominican Republic 1,268 1,395 1,363 1,429 1,771 24 1,445
All Other 33,288 45,946 42,464 40,227 44,601 11 41,305
  Total Exported 142,866 144,733 141,086 149,733 177,040 18 151,091

Source: U.S. Census Bureau Trade Data - BICO HS-10

Highlights

U.S. agricultural exports to the world were a record $177 billion in 2021, an increase of 18 percent over last year and up 14.6 percent over the previous record set in 2014. All of the 15 top U.S. export destinations increased their value of imports last year with 8 of them setting records. China retained its position as the No. 1 export destination for U.S. agriculture importing a record $33 billion, an increase of $6.6 billion over 2020 and accounting for a quarter of the $27 billion increase in exports to the world last year. As China’s hog sector recovered from ASF it imported record amounts of soybeans, corn, and sorghum to feed a regrowing herd. Corn exports to China were up nearly $4 billion while beef exports rose to $1.6 billion after years of limited market access.

Mexico surpassed Canada as the second-largest export destination for U.S. agricultural exports, up $7.2 billion to a record $25.5 billion. Corn, soybeans, dairy, and pork were the top exports to Mexico with corn exports alone increasing more than $2 billion from 2020. Higher commodity prices and a strong economic recovery coming out of a 2020 recession that occurred during the COVID-19 pandemic contributed to the surge in demand from Mexico.

Canada remained a strong trading partner in 2021 importing $25 billion, a 12-percent increase over the previous year. Bakery goods, food preparations, fresh fruits and fresh vegetables led the way in terms of top U.S. exports. The commodities with the largest percentage increases year over year included ethanol, pet food, dairy, and pork.

The top 6 export markets continue to account for two-thirds of total U.S. agricultural exports to the world. Exports to all six, except the EU, were up more than $1 billion and 12 percent over 2020. Increased shipments of corn and beef helped increase export values to Korea and Japan. With higher commodity prices in 2021, the likelihood of setting yet another record appears strong.

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