This article presents an overview of the Top 5 Food Exporting Countries in the World. For a detailed overview of the top 20 food exporting countries with insights into the annual value and volume of food export, read our article Top 20 Food Exporting Countries in the World.
5. Vietnam
Annual Volume of food exports (Million Tons): 28.2
Annual Value of food exports (USD Millions): 9.1
Vietnam has a population of approximately 97 million people, making it one of the most populous countries in Southeast Asia. The country has witnessed a notable trend in its food export industry in recent years. Seafood, coffee, and rice are the top food exports from Vietnam. It is also a major producer of fruits, vegetables, and processed foods. This surge in food exports has contributed to Vietnam’s economic growth and global trade presence. Being the 9th largest export destination, Vietnam’s value of exported food was $3.5 billion in 2021.
4. Germany
Annual Volume of food exports (Million Tons): 28.3
Annual Value of food exports (USD Millions): 39.4
Meat, processed foods, and dairy products are Germany’s top food exports. With a population exceeding 83 million, Germany is one of Europe’s most populous nations. This demographic strength has contributed to Germany’s potent food export trends, where its reputation for quality and diverse culinary products has led to consistent growth in international markets. Around 350 food products were exported by Germany to 186 countries in 2020. Germany’s food exports are driven by its strong agricultural sector and central European location.
3. Netherlands
Annual Volume of food exports (Million Tons): 37.2
Annual Value of food exports (USD Millions): 24.9
The Netherlands, with a population of over 17 million, boasts a relatively small yet industrious populace. Despite its size, the country has become a powerhouse in food production. This extends to its food export trends, where the Netherlands’ emphasis on innovation and sustainability has driven the global demand for food. It’s a global leader in products like flowers, vegetables, meat, and dairy. This success results from efficient farming practices, advanced technology, and a solid commitment to quality.
2. China
Annual Volume of food exports (Million Tons): 120.1
Annual Value of food exports (USD Millions): 32.9
With more than 1.4 billion population, China has used advanced technology to improve food production. Using modern tools, China has made farming smarter and better. This helps them grow food more efficiently and cater to the needs of their large population. In 2019, China exported agricultural and food products for $64.83 billion. China produces a lot of different foods like rice and vegetables and also makes processed foods. Some of the top experts in China include soybeans, vegetables, and fruits. Its growing middle class and largest agricultural sector drive China’s food exports.
1. United States
Annual Volume of food exports (Million Tons): 133.2
Annual Value of food exports (USD Millions): 91.2
The United States dramatically impacts the worldwide food industry, playing a significant role in making and trading food. The country has modernized how it makes food using high-tech solutions like information technology (IT). Americans use IT to help them farm precisely using data and have machines that help create and deliver food worldwide. The US plays a pivotal role in feeding the world with a diverse range of agricultural products, including grains, meat, and soybeans. In the fiscal year 2022, the exports of U.S. agricultural products reached their highest value ever at $191 billion.
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also look at the Top 20 Oil Exporting Countries in 2023 and the 12 Countries that Export the Most Fabrics/Garments.
