In 2024, the Maldives and Kiribati remain prominent in terms of food export value as a percentage of goods exports, showcasing resilience despite slight declines in some areas. Countries like Sierra Leone and Bahamas saw notable positive shifts in their year-on-year growth, while others like Mauritania and East Timor experienced significant reductions. The past five years suggest a mix of stable growth and volatility across different regions, with island and smaller nations often highly dependent on food exports. Overall, there's a varied landscape in global food exports with evolving trends driven by geopolitical, environmental, and economic factors.
Future trends to watch include the impact of climate change on smaller island nations' food security and exports, alongside expected shifts in global trade policies that could alter export dynamics. Emerging technologies and changing consumer preferences will likely redefine the competitive landscape, particularly with sustainability and traceability becoming pivotal in food export markets.
Top countries in Food Exports by Country
| # | 10 Countries | Percent of Goods Exports | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Maldives | 95.31 | 2023 | -0.25% | -0.59% | View data |
| 2 | 2 Kiribati | 95.28 | 2023 | +0.12% | +3.43% | View data |
| 3 | 3 Greenland | 93.53 | 2023 | +0.38% | +0.26% | View data |
| 4 | 4 Belize | 88.9 | 2023 | -5.36% | +0.41% | View data |
| 5 | 5 Sao Tome and Principe | 88.86 | 2023 | -9.32% | +3.65% | View data |
| 6 | 6 Seychelles | 87.26 | 2023 | -0.058% | +2.04% | View data |
| 7 | 7 Malawi | 85.25 | 2023 | +0.14% | -1.35% | View data |
| 8 | 8 Saint Vincent and Grenadines | 84.82 | 2023 | -0.000085% | +2.97% | View data |
| 9 | 9 Ethiopia | 80.41 | 2023 | -1.36% | -1.9% | View data |
| 10 | 10 Cape Verde | 79.41 | 2023 | -0.036% | -0.99% | View data |
