U.S. agricultural exports are a critical source of farm income. The USDA Economic Research Service estimates that on average 23 percent of the output of nonmanufactured agricultural products were exported between 2013 and 2022.
The United States is one of the top three exporters of chocolate and candy products in the world. In 2023, the United States exported $1.9 billion of chocolate and cocoa products and $838 million of confectionery products, a combined $2.7 billion, reaching all-time records.
Trade Spotlight

A Sweet Boon for U.S. Trade and Economic Activity

The United States is one of the top three exporters of chocolate and candy products in the world. In 2023, the United States exported $1.9 billion of chocolate and cocoa products and $838 million of confectionery products, a combined $2.7 billion, reaching all-time records.
Between FY 2013 and 2023, U.S. agricultural exports increased by $33.7 billion, and many markets outside of the traditional top four saw significant export growth.
U.S. soybean meal exports set a record at an estimated 13.2 million tons in MY 2022/23 (Oct-Sep), valued at nearly $7 billion, driven by increased soybean crush to supply feedstock oil for growing U.S. biomass-based diesel production.
India, the world’s largest rice exporter, disrupted global rice markets by banning white rice exports in July 2023, before placing an export tax on parboiled rice exports in August 2023.
The production of biomass-based diesel (BBD) is expanding globally, driven by policies mandating and incentivizing its use as an alternative to petroleum-based diesel. BBD policies tend to support rural economies, lower greenhouse gas emissions in transportation, and improve air quality.
U.S. dog and cat food exports to China reached a record $264 million in 2022, with China becoming the second-largest U.S. export market.
The United States transitioned from a net importer of ethanol in 2009 to the world’s largest supplier, exporting a record 1.7 billion gallons in 2018. While the use of ethanol as a fuel for blending with gasoline accounted for three-fourths of the export expansion, ethanol for other nonfuel industrial applications has seen slower but steady growth.