US agricultural exports barely exceed Brazil’s, report says
5 reported
According to a report from the Financial Times, the United States exported $171 billion of agricultural goods last year, just $2 billion more than Brazil's export total. Many analysts cited in the report say Brazil has benefited from trade disruption caused by tariffs imposed by President Donald Trump. US exports have been falling while Brazil's have been rising, with Brazilian agricultural exports increasing 6 percent in the first half of this year to a new record of $87 billion. The report suggests that 2026 could be the year America loses its agricultural ascendancy.
What’s reported
The US exported $171 billion of agricultural goods last year, according to the Department of Agriculture.
Brazil's agricultural export total was $2 billion less than the US total last year.
Many analysts say Brazil has benefited from trade disruption set in train by President Donald Trump's tariffs.
Brazilian agricultural exports increased 6 percent in the first half of this year to a new record of $87 billion.
The Financial Times report suggests 2026 could be the year America loses its agricultural ascendancy.
Key figures
President Donald Trump
Susannah Savage (Financial Times reporter)
Michael Pooler (Financial Times reporter)
Sources: marginalrevolution.com
