Agricultural Exports Supported $369B In U.S. Economic Activity

According to USDA’s Economic Research Service, American agricultural exports generated $369.2 billion in total economic activity in 2024.

The agency reports that agricultural exports, including biodiesel, totaled $177.2 billion. Those sales, ERS noted, supported an additional $192 billion in domestic economic activity through transportation, storage, handling, packaging, marketing, and financial services.

The Department of Ag estimates that every dollar of agricultural exports supported $2.08 in total U.S. economic activity in 2024.

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.

USDA noted the figures highlight how agricultural exports contribute to businesses and jobs throughout the supply chain, extending their economic impact well beyond the farm gate.

Click Here to check out that ERS report for yourself.

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