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The World’s Leading Exporters of Agricultural Products

World's Leading Exporters of Agricultural Products

World’s Leading Exporters of Agricultural Products

World's Leading Exporters of Agricultural Products

Food is necessary for human survival, as the world’s population grows, the demand for food rises and the space to farm food decreases. The following 10 countries are the largest agricultural exporters in the world. Lets talk about world’s leading exporters of agricultural products.

USA


Although China is the largest agricultural producer overall, the USA exports the most produce. They are the largest corn producer and amongst the largest producers of oats, tomatoes, soybean and spices. Each year the USA agricultural exports are around $150 billion.


Netherlands


Surprisingly, in second place, the Netherlands is a relatively small country. Their agricultural exports are made up of 3 parts. $61 billion worth of agricultural products, $9 billion in agricultural material, knowledge and tech as well as around $24 billion worth or re-exports which brings in $94 billion.


Germany


Germany is a large re-export, however, their industry comprises of cereals, dairy, beef and sugar beets. Agricultural exports amass to a staggering $86 billion.


Brazil


The largest coffee producer and exporter also exports soybeans, wheat and rice. Their total exports amount to $79 billion.
France


France exports mainly export the things it produces, which are beef, dairy, poultry, pork and wheat. This brings in a cool $74 billion.


China


China is the largest agricultural producer, rice being the chief agri-food which they produce. Corn is even high up on the list of their produce despite their climate not being suitable for its production. The reason China’s exports only reach $63 billion is that most of its produce is consumed locally.


Spain


Spain is a heavily agricultural country bringing in $50 billion per year, Spain produces corn, cotton, and sugar-beets as well as fruits and olives.


Canada


Canada is right on Spain’s heels, bringing in $49 billion per annum. Their main produce lies in grains such as rye and oats.


Belgium


Belgium is known for their chocolates, along with this they are big exporters of potatoes, corn and a variety of vegetables. Their yearly exports amount to $44 billion.


Italy


The Mediterranean climate in Italy is perfect for grapes, olives and fruits, their crops of corn and wheat are also exported. $43.7 billion worth of agricultural exports were made last year.

World's Leading Exporters of Agricultural Products
World’s Leading Exporters of Agricultural Products

How Will the World Make More?


Almost every country wants to increase its agricultural productivity, but how they intend to go about that varies greatly with the country or region in question.


In countries like the U.S., Canada, and Western Europe, there is very little land allowed to go to waste and infrastructure like roads are well-developed. Likewise, irrigation is widespread, and farmers use fertilizer extensively. This has led many countries and farmers to turn to genetically modified seeds to increase yields and reduce the need for costly (and potentially polluting) fertilizer and herbicides.


The picture is much different in Africa and much of South Asia. In these areas, infrastructure is extremely under-developed and simply getting crops to market (or inputs like fertilizer to the farms) can be a struggle. Likewise, irrigation infrastructure is lacking, leaving farmers much more exposed to the variability of weather. Not surprisingly, then, a large focus of governments in these countries is to try to build roads, improve access to water and encourage the use of inputs, like fertilizer.

The Bottom Line


Although agriculture is no longer a major employer in North America or Europe, and food security is not a preeminent problem for most citizens, it is still a globally vital industry.

As investors saw a few years ago, bad weather and low inventories quickly led the prices of many food commodities to soar and led to riots and political disturbances in many countries.10 On a more positive note, it’s a major source of export earnings for countries across the development spectrum. Given the importance of agriculture and the importance of increasing yields, companies that facilitate higher production should find their products in increasing demand. Whether it’s agricultural equipment like tractors, inputs like fertilizer and herbicide, or higher-yielding modified seeds, companies serving the global agriculture market have a large and still under-served market to address.

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