📈 Global Leaders in Food Exports

In 2023, global food exports exceeded $2 trillion, growing at a compound annual growth rate (CAGR) of 7.0% from 2000 to 2023, outpacing total goods exports, which grew at 5.8% CAGR. Notably, major food exporters like the U.S., China, and Germany are net importers. Brazil stands out as the largest net exporter, with food exports of $129 billion, while China leads as the largest net importer, with $138 billion in food imports.