The World Trade Organization (WTO) publishes annual statistics on the value of agricultural products exported by different countries. Agricultural products include food and beverages, animal products, raw materials, horticulture, and tobacco. According to the WTO, the total value of agricultural exports worldwide was $1.8 trillion in 2020, a slight increase from $1.7 trillion in 2019.
In this blog post, we will look at the top ten countries by agricultural exports in 2020 and compare them with the previous year. We will also discuss some of the factors that influence their export performance and competitiveness in the global market.
The top ten countries by agricultural exports in 2020 were:
– **United States** – $134.8 billion
– **Brazil** – $87.2 billion
– **Netherlands** – $81.3 billion
– **China** – $72.7 billion
– **Germany** – $71.4 billion
– **Argentina** – $65.4 billion
– **France** – $60.8 billion
– **Canada** – $56.4 billion
– **India** – $51.5 billion
– **Spain** – $50.6 billion
The United States remained the largest exporter of agricultural products in 2020, despite a 1.5% decrease from 2019. The US has a diversified export portfolio, with soybeans, corn, wheat, meat, dairy, fruits, nuts, and wine as some of its main products. The US also benefits from its large domestic market, advanced technology, and strong trade relations with many countries.
Brazil was the second-largest exporter of agricultural products in 2020, with a 6% increase from 2019. Brazil is a major producer and exporter of soybeans, sugar, coffee, meat, poultry, and ethanol. Brazil has a competitive advantage in terms of its abundant natural resources, favorable climate, low production costs, and large domestic demand.
The Netherlands was the third-largest exporter of agricultural products in 2020, with a 4.3% increase from 2019. The Netherlands is a small but densely populated country that has developed a highly efficient and innovative agricultural sector. The Netherlands is known for its exports of flowers, vegetables, cheese, meat, and processed foods. The Netherlands also serves as a transit hub for many agricultural products from other European countries.
China was the fourth-largest exporter of agricultural products in 2020, with a 3.7% increase from 2019. China is the world’s most populous country and has a huge domestic market for food and beverages. China also exports a variety of agricultural products, such as rice, fruits, vegetables, tea, seafood, meat, and dairy. China’s export performance is influenced by its trade policies, exchange rate fluctuations, and sanitary and phytosanitary measures.
Germany was the fifth-largest exporter of agricultural products in 2020, with a 3.6% increase from 2019. Germany is a major producer and exporter of meat, dairy, cereals, and vegetables. Germany benefits from its advanced technology and research in the agricultural sector, which allows it to produce high-quality and innovative products. Germany also has strong trade relations with many countries in the European Union and beyond.
Argentina was the sixth-largest exporter of agricultural products in 2020, with a 3.8% decrease from 2019. Argentina is a major producer and exporter of soybeans, beef, corn, and wheat. Argentina’s export performance is influenced by factors such as weather conditions, domestic policies, and currency fluctuations.
France was the seventh-largest exporter of agricultural products in 2020, with a 0.8% decrease from 2019. France is known for its exports of wine, cheese, dairy, and processed foods. France benefits from its reputation for high-quality and traditional products, as well as its strong domestic market and trade relations with other European countries.
Canada was the eighth-largest exporter of agricultural products in 2020, with a 4.1% increase from 2019. Canada is a major producer and exporter of wheat, canola, pork, and beef. Canada benefits from its vast and fertile land, modern infrastructure, and trade agreements such as the Canada-US-Mexico Agreement.
India was the ninth-largest exporter of agricultural products in 2020, with a 4.7% increase from 2019. India is a major producer and exporter of rice, fruits, vegetables, spices, and tea. India’s export performance is influenced by factors such as government policies, weather conditions, and infrastructure.
Spain was the tenth-largest exporter of agricultural products in 2020, with a 1.1% increase from 2019. Spain is known for its exports of fruits, vegetables, wine, and olive oil. Spain benefits from its favorable climate and fertile land, as well as its well-developed infrastructure and trade agreements within the European Union.
In conclusion, the top ten countries by agricultural exports in 2020 represent a diverse range of products, industries, and regions. Their export performance is influenced by various factors such as natural resources, technology, domestic demand, trade policies, and weather conditions. Despite the challenges posed by the COVID-19 pandemic, the global agricultural trade remained robust in 2020, demonstrating the resilience and importance of this sector for the world economy.