Trade and Exports Continue to Strengthen American Agriculture

Total U.S. agricultural exports reached $174.9 billion in 2023. American agriculture remains strong. American farmers, ranchers, and agribusiness owners continue to have success abroad as USDA’s Foreign Agricultural Service works for U.S. agriculture. 

Exports are critical to the health of America’s farm sector and the nation’s economy. USDA and the Biden-Harris Administration are committed to ensuring that U.S. agriculture has full and fair access to markets and opportunities across the globe.

In the trade policy arena, USDA successfully opened a new grapefruit market in Vietnam, increased ethanol exports to Japan, and secured the removal of retaliatory tariffs on chickpeas, lentils, almonds, walnuts, and apples in India. These and other trade wins in 2023 helped U.S. agricultural producers and exporters gain access to potential markets worth nearly $6.4 billion.

FAS hosted five trade missions in 2023 connected U.S. producers and exporters with buyers in Central and South America, Europe, and East and Southeast Asia. The missions facilitated more than 1,600 business-to-business meetings that resulted in nearly $70 million in 12-month projected sales. FAS organized U.S. food pavilions and exhibits at 25 international trade shows in 15 countries, enabling 820 U.S. companies and organizations to showcase their products to global buyers, resulting in $1.5 billion in projected 12-month sales.

In October 2023, USDA launched the Regional Agricultural Promotion Program (RAPP), a new market development effort which emphasizes underinvested markets. The $1.2 billion initiative enables exporters to diversify into new markets and increase market share in growth markets. RAPP targets opportunities in Africa, Latin America, the Middle East, and Southeast Asia where there is a growing middle class and demand for greater variety of high-quality food products.