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U.S. agricultural exports generated $369.2 billion in total economic activity in 2024, according to the USDA’s Economic Research Service.
The agency reports that agricultural exports, including biodiesel, totaled $177.2 billion. Those sales supported an additional $192 billion in domestic economic activity through transportation, storage, handling, packaging, marketing, and financial services. USDA estimates that every dollar of agricultural exports supported $2.08 in total U.S. economic activity.
Bulk commodities, including grain, soybeans, cotton, and raw tobacco, accounted for $56.4 billion in exports and supported another $51.5 billion in domestic activity.
Meanwhile, non-bulk products, including soybean meal, ethanol, meat, almonds, fruits, and vegetables, generated $120.8 billion in export value and supported an additional $140.5 billion in economic activity. The figures highlight how agricultural exports contribute to businesses and jobs throughout the supply chain, extending their economic impact well beyond the farm gate.
NAFB news service
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