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Ranked: The Countries Most Dependent on Agricultural Exports

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A chart of countries whose agricultural products make up more than 75% of their exports, along with their top agricultural export.

Ranked: The Countries Most Dependent on Agricultural Exports

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Between 2019 and 2021, agricultural products accounted for more than one-third of the total value of global commodity exports. This graphic ranks the most agriculturally-export-dependent countries in the world, using data from UN Trade & Development (UNCTAD).

For this graphic we have only included countries where agricultural products represent more than 75% of its total exports. Resource dependency can make a country vulnerable to economic shocks via price fluctuations.

Ranked: Countries that Rely Heavily on Agricultural Exports

In Micronesia, a staggering 98% of all its exports are agricultural, of which 89% are fish in various forms. In fact, five of the top 10 countries are small island nations in the Pacific. Four of them also have fish as their top agricultural export.

Below is a more extensive list showing countries whose agricultural products make up more than 60% of their total exports. Also listed: their most-valued agriculture export in 2022, sourced from the Observatory of Economic Complexity.

RankCountry% of Merchandise
Exports From
Agriculture
Top Agricultural
Export (2022)
1🇫🇲 Micronesia98%🐟 Fish
2🇬🇼 Guinea-Bissau94%🌰 Cashew Nuts
3🇲🇼 Malawi93%🚬 Raw Tobacco
4🇸🇧 Solomon Islands89%🌲 Rough Wood
5🇲🇻 Maldives88%🐟 Fish
6🇻🇺 Vanuatu86%🐟 Fish
7🇰🇮 Kiribati84%🐟 Fish
8🇹🇴 Tonga82%🐟 Fish
9🇺🇾 Uruguay79%🐄 Bovine Meat
10🇪🇹 Ethiopia77%☕ Coffee
11🇳🇿 New Zealand77%🥛 Milk
12🇦🇷 Argentina76%🌱 Soybean Meal
13🇬🇲 Gambia75%🥜 Groundnuts
14🇧🇿 Belize75%🍬 Sugar
15🇼🇸 Samoa69%🥥 Coconut Oil
16🇵🇾 Paraguay68%🌱 Soybeans
17🇨🇮 Côte d'Ivoire67%🍫 Cocoa Beans
18🇸🇴 Somalia67%🐑 Sheep & Goats
19🇦🇫 Afghanistan65%☁️ Raw Cotton
20🇸🇾 Syria63%🫒 Pure Olive Oil
21🇸🇩 Sudan62%🌿 Sesame Seeds
22🇧🇯 Benin61%☁️ Raw Cotton
23🇨🇫 Central African Republic60%🌲 Rough Wood

Maldives, in the Indian ocean, is also within the top 10. Its top agricultural export is also fish. Interestingly, the Observatory of Economic Complexity states “Planes, Helicopters, and Spacecraft” as Maldives’ top overall export in 2022 ($433M). However, it’s possible that this might be a case of re-exportation.

Aside from fish, various kinds of nuts and edible oils are also popular categories of agricultural exports.

Regionally, these agricultural-export-dependent countries are spread between Asia, Oceania, Africa, and South America. Europe and North America are not represented in this list.

There are also correlations between resource export dependency and economic maturity. The UN found that 67% of the world’s developing nations were resource-export-dependent in some way: between agriculture, energy, and mining.

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Copper

Brass Rods: The Secure Choice

This graphic shows why brass rods are the secure choice for precision-machined and forged parts.

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Teaser of bar chart and pie chart highlighting three ways brass rods empower manufacturers in the competitive market for precision-machined and forged products.

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The following content is sponsored by Copper Development Association

Brass Rods: The Secure Choice

The unique combination of machinability and recyclability makes brass rods the secure choice for manufacturers seeking future-proof raw material solutions.

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Brass, like its parent element copper, can be infinitely recycled. 

In 2022, brass- and wire-rod mills accounted for the majority of the 830,000 tonnes of copper recycled from scrap in the United States.

Given that scrap ratios for machined parts typically range from 60-70% by weight, producing mills benefit from a secure and steady supply of clean scrap returned directly from customers, which is recycled to create new brass rods.

The high residual value of brass scrap creates a strong recycling incentive. Scrap buy back programs give manufacturers greater control over raw material net costs as scrap value is often factored into supplier purchase agreements.

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Learn more about the advantages of brass rods solutions.

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