# Tariffs, competition cloud future of China ag exports | Agri-Pulse Communications, Inc.

> U.S. agricultural exports to China were $33.7 billion in 2023 and are projected by USDA to fall to $23.3 billion in FY25. Mexico and Canada have overtaken China as the largest markets for U.S. farm products.

- Date: 2024-12-09 · published 2024-12-09T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/14699-tariffs-competition-cloud-future-of-china-ag-exports-agri-pulse-communications
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Structural decline in Chinese demand for U.S. farm goods, with growing competition, reduces long-term export support for U.S. soybeans and grains.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-08-06 | [China revokes tariff exemption on soybeans \| 2019-08-06 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/57445-china-revokes-tariff-exemption-on-soybeans-2019-08-06-agri-pulse-agri-pulse.md) | +1.3% | +0.7% |
| SOY | 2023-12-13 | [House panel calls for targeting China with tariffs, protecting ag from retaliation \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14794-house-panel-calls-for-targeting-china-with-tariffs-protecting-ag-from.md) | -0.8% | -7.0% |
| SOY | 2018-05-07 | [Brazil, other competitors close gaps on U.S. export markets \| 2018-05-07 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/65059-brazil-other-competitors-close-gaps-on-u-s-export-markets-2018-05-07-agri-pulse.md) | -3.2% | -2.5% |
| SOY | 2025-04-09 | [As new tariffs kick in, what do they mean for U.S. ag?  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/25448-as-new-tariffs-kick-in-what-do-they-mean-for-u-s-ag-agri-pulse-communications.md) | +4.4% | +3.8% |
| SOY | 2024-05-30 | [Daybreak: Trade deficit grows as China sales weaken \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14752-daybreak-trade-deficit-grows-as-china-sales-weaken-agri-pulse-communications-inc.md) | -3.0% | -5.1% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/22023-ag-trades-uncertain-future-tariffs-growing-competition-leave-future-of-china-trade-in-doubt

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.