Agricultural Exports Contributed $362.4 Billion to U.S. Economy in 2023

The USA's farm and food product exports create value and generate economic activity within and outside of the agricultural sector. In general, increased exports of agricultural products lead to higher demand for transportation services, packaging materials or financial services across the supply chain, with additional employment services and economic activities required for exports. Here, USDA's Economic Research Service (ERS) estimates the additional value of economic activity generated annually by agricultural exports using an agricultural trade multiplier model.