Open in App
  • Local
  • Headlines
  • Election
  • Sports
  • Lifestyle
  • Education
  • Real Estate
  • Newsletter
  • 24/7 Wall St.

    These Countries Have the World’s Most Productive Farms

    By David Beren,

    11 hours ago

    This post includes affiliate links. If you purchase anything through these affiliated links, 247wallst.com may earn a commission.

    https://img.particlenews.com/image.php?url=3LK1Vx_0w5E4Q2G00

    24/7 Insights

    • Farming is one of the most important professions in the world.
    • Agricultural exports contribute to many different economies.
    • Wheat, corn, and rice are the biggest agricultural products.
    • Also: 2 Dividend Legends to Hold Forever

    One of the most critical jobs over the millennia has been that of a farmer. Considering that food grown on farms like wheat and rice feeds billions of people yearly, the importance of agriculture worldwide cannot be understated. For this reason, according to Yahoo Finance , we can look at the countries with the most productive farms in the world, which contribute up to 4% of global GDP.

    12. Vietnam

    https://img.particlenews.com/image.php?url=3lNUEc_0w5E4Q2G00 Rice fields make up a large majority of Vietnamese land.

    Vietnam is famously proud of its farming production, and rice accounts for much of its agricultural contribution to its economy. Exports accounted for $24 billion in 2023, supported by over 40% of Vietnamese land used for agriculture.

    11. France

    https://img.particlenews.com/image.php?url=2LSvxD_0w5E4Q2G00 Cornfield and forest in northern France.

    France is the EU’s leading wheat producer and exporter and one of the most important countries for wheat and corn production. In 2023, it produced 33 million tons of wheat, which it partially exported to partners in Germany, Spain, the UK, the US, and Belgium.

    10. Pakistan

    https://img.particlenews.com/image.php?url=2wNLsJ_0w5E4Q2G00 Rice fields in Swat Valley, Pakistan.

    Rice, corn, and wheat are Pakistani staple crops. Pakistan is one of the most agriculturally productive regions in the world, producing 9 million tons of rice in 2023, 5 million of which were exported internationally.

    9. Bangladesh

    https://img.particlenews.com/image.php?url=07NotK_0w5E4Q2G00 A paddy rice field in Bangladesh.

    Bangladesh grew over 62.1 million tons of crops in 2023, contributing huge numbers of its “Aman” and “Boro” paddy crops annually. Over 16% of the country’s GDP ($40 billion in exports) and 40% of its workforce are agriculture-related.

    8. Ukraine

    https://img.particlenews.com/image.php?url=20PMll_0w5E4Q2G00 Wheat is Ukraine's most significant agricultural export.

    With its well-known black soil, Ukraine is one of the largest grain exporters in the world. Wheat and corn are major exports for the country, which hit 47.8 million tons in 2023. Ukraine exported over $22 billion in agricultural products in 2023 alone.

    7. Indonesia

    https://img.particlenews.com/image.php?url=18fXwR_0w5E4Q2G00 Beautiful rice fields in Java, Indonesia.

    Famous for its rice and maize agricultural industry, Java is a hugely popular region for farming in Indonesia. In 2023, Java produced 21.5 million tons of palm oil, as Indonesia is the world’s largest exporter of palm oil, providing almost 50% of the world’s entire supply.

    6. Argentina

    https://img.particlenews.com/image.php?url=1FL32b_0w5E4Q2G00 Large wheat field in Argentina.

    The area around Pampa, Argentina, is famous for its crops, such as soybeans, wheat, and corn. In 2024, the area is expected to produce around 14.5 million tons of wheat. Over 70% of the country's soybean crop is exported, providing a big economic lift.

    5. Russia

    https://img.particlenews.com/image.php?url=0LuAYh_0w5E4Q2G00 Corn harvesting field in Russia.

    Russia has long been a staple in the agricultural area, with rice, corn, and wheat crops. With 90 million tons of corn expected in 2024, Russia is the largest wheat exporter in the world, with 30% of its entire production sent to other countries.

    4. Brazil

    https://img.particlenews.com/image.php?url=0ZwXUZ_0w5E4Q2G00 Corn farm in Sao Paulo, Brazil.

    The Brazilian highlands are home to some of the largest agricultural areas in the world. Brazil is expected to produce 133 million tons of corn alone in 2024. Brazil exports over 40% of its agricultural products, which consist mainly of wheat and rice.

    3. India

    https://img.particlenews.com/image.php?url=0XfyHX_0w5E4Q2G00 A paddy rice crop in southern India.

    Home to the world’s second-largest population, India's farming is critical, especially for staples like corn, rice, and wheat. In 2023, India produced over 125 million metric tons of rice alone, with exports of all agricultural products totaling around 12% of all farm output.

    2. United States

    https://img.particlenews.com/image.php?url=3f94uM_0w5E4Q2G00 The United States is well-known for its farming prowess.

    One of the largest agricultural producers in the world, the US is best known for its corn, soybeans, wheat, and cotton production. In 2023, the country produced around 437 million tons of crops, of which as much as 30% was exported internationally.

    1. China

    https://img.particlenews.com/image.php?url=1dDing_0w5E4Q2G00 Rice is one of China's most important agricultural products.

    When you look at China’s agricultural output in 2023, rice alone accounted for 145.9 million metric tons. It’s believed that much of China’s rice, pork, and vegetable production all help feed its massive population, so exports remain relatively low.

    The Easy Way To Retire Early

    You can retire early from the lottery, luck, or loving family member who leaves you a fortune.

    But for the rest of us, there are dividends. While everyone chases big name dividend kings, they’re missing the real royalty: dividend legends.

    It’s a rare class of overlooked income machines that you could buy and hold – forever.

    Click here now to see two that could help you retire early , without any luck required.

    Expand All
    Comments /
    Add a Comment
    YOU MAY ALSO LIKE
    Local News newsLocal News
    Herbie J Pilato15 days ago

    Comments / 0