Consumer goods are driving the US agricultural deficit

The U.S. has maintained an agricultural trade surplus for decades, exporting more to the world than it imports. In 2023, the U.S. ran a deficit of almost $17 billion, largely driven by a consistent domestic demand for products like beef, fresh fruits and vegetables, and oils and grains, which cannot always be sourced nationally. The goods-only agriculture deficit was more than $20 billion. Fill out the form to access the full analysis.