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Thursday, Dec. 12, 2024

Does the US import more food than it exports?

Tom Kertscher / Wisconsin Watch, Wisconsin Watch

yes

The value of food imported into the U.S. exceeds what is exported.

That’s a recent reversal of a long-term trend, as U.S. Rep. Derrick Van Orden stated Dec. 2.

But it doesn’t necessarily mean the U.S. is “beholden on other nations,” as the western Wisconsin Republican claimed.

The U.S. was an annual net exporter of agricultural products from at least the 1970s through 2018, but since then has mostly been a net importer, and the gap is widening.

In fiscal 2025, the value of agricultural imports is projected at $215.5 billion and exports $170 billion. 

William Ridley, a University of Illinois agricultural and consumer economics professor, said the U.S. produces more food for itself than ever, but it’s a net importer because of demand for imported food, much of it from allies.

Some imports, including out-of-season produce, come from foreign subsidiaries of U.S. companies, said Steve Suppan, of the nonprofit Institute for Agriculture and Trade Policy.

See a full discussion of this at Wisconsin Watch

This fact brief is responsive to conversations such as this one.

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