- Joined
- Jul 17, 2019
U.S. agricultural exports were valued at $140 billion in 2018, a 1-percent increase relative to 2017. Export growth was hampered by reduced exports to Asia, particularly soybean exports. Imports grew by 6 per cent in 2018 to $129 billion. Imports have grown at a faster rate than exports since 2016, driven in part by strong domestic economic growth. These shifts in U.S. agricultural trade produced a trade surplus in 2018 of $10.9 billion, the smallest surplus since 2006.
Just saying. US Agri sector produces food enough to feed the US population 10 times over. You might have inflation and higher food prices but there won't be a famine in the foreseeable future.