Global Leaders in Agricultural and Food Trade in 2024
The EU dominates both markets, while the U.S. and Brazil remain strong exporters. China plays a larger role as an importer.
The EU dominates both markets, while the U.S. and Brazil remain strong exporters. China plays a larger role as an importer.
In 1995, nearly four-fifths of China’s exports went to just ten economies. By 2024, the top-ten's share was reduced to 51%.
While manufacturing has declined steadily in the U.S., EU, Japan and Germany, China has sustained a uniquely high manufacturing share.
As the world’s leading importer, U.S. imports over nearly four decades have reflected the evolving patterns of global trade.
China dominates steel production, accounting for 53% of global output and nearly 1 in 5 dollars of steel exports in 2024.
China alone accounts for a fifth of global crude oil imports while supply remains concentrated in a handful of exporters.
China and the U.S. account for 36% of the world’s oil refining capacity, and only five economies control half of the world’s capacity.
The world’s most dynamic economies with sustained economic growth are clustered in Africa as well as South, Central and Southeast Asia.
Beyond copper and lithium carbonate, Chile is a major supplier of fruit, fish, pulp, metals and chemicals, with China as the largest buyer.
Brazil’s 70% export triad—agribusiness, minerals and fuels—feeds and powers global markets, led by China as the top buyer.