Brazil has all but caught the US in farm exports
Agricultural exports of Brazil and the United States, US$ billion, calendar years 2019–2025.
That is all that separated the US ($171.3 bn) from Brazil ($169.2 bn) in 2025.
The US lead shrank by 96% in four years, from 2021 to 2025.
Soybeans alone earned a quarter of Brazil's 2025 farm export revenue ($43.5 bn).
the numbers
| Year | Brazil (bn) | United States (bn) |
|---|---|---|
| 2019 | 96.8 | 141.1 |
| 2020 | 100.8 | 149.7 |
| 2021 | 120.6 | 176.6 |
| 2022 | 159.0 | 195.9 |
| 2023 | 166.6 | 174.9 |
| 2024 | 164.4 | 176.2 |
| 2025 | 169.2 | 171.3 |
source notes & method
US: FAS yearbook world totals for 2019–2023 (2019 and 2022 values from the 2023 yearbook). US 2025 ($171.3 bn, down 2.8% on 2024) is USDA data as reported by The Brazilian Report (Apr 2026). US 2024 ($176.2 bn) is derived from that 2.8% fall. Brazil: MAPA annual totals as reported in Brazilian press (2019 96.8; 2020 100.8 via CNA; 2021 120.59; 2022 159; 2023 166.55; 2024 164.4; 2025 169.2). Definitions differ: MAPA's 'agronegócio' includes pulp, wood, leather and ethanol, while USDA's total excludes forest products, so the gap is not strictly like-for-like. Soybean figure ($43.5 bn, grain only) from MAPA via Gazeta do Povo; the 26% share is derived. Brazil has not yet overtaken the US on these official figures.
Published 16 Oct 2026
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