Wheat — Terms of trade in United States of America

United States of America: Wheat — Terms of trade was 85.75 % in 2024. ▼ Falling

Latest (2024)
85.75 %
Change on year
down 10.0%
Rank
1st
of 1 groups
All-time high
110.63 %
in 2021
All-time low
85.75 %
in 2024
Years of data
15
2010–2024

Wheat — Terms of trade in United States of America, 2010–2024

02550751002010201720242010: 105.4 %2011: 103.7 %2012: 95.1 %2013: 100.4 %2014: 107.4 %2015: 91.3 %2016: 102 %2017: 90 %2018: 96.2 %2019: 99.4 %2020: 99.8 %2021: 110.6 %2022: 97.2 %2023: 95.3 %2024: 85.8 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for wheat — terms of trade in United States of America is 85.75 %, measured in 2024. That is the lowest value across all 15 years on record.

That represents a change of down 10.0% on the previous year and down 20.1% over ten years.

Over the whole period, wheat — terms of trade in United States of America peaked at 110.63 % in 2021 and was at its lowest, 85.75 %, in 2024.

The long-run direction has been consistently falling across the 15 years of available data.

Wheat — Terms of trade in United States of America, year by year

Annual values for Wheat — Terms of trade in United States of America, 2010 to 2024.
Year % Change
2010 105.44 %
2011 103.73 % -1.6%
2012 95.11 % -8.3%
2013 100.4 % +5.6%
2014 107.36 % +6.9%
2015 91.33 % -14.9%
2016 101.98 % +11.7%
2017 89.95 % -11.8%
2018 96.21 % +7.0%
2019 99.37 % +3.3%
2020 99.79 % +0.4%
2021 110.63 % +10.9%
2022 97.16 % -12.2%
2023 95.33 % -1.9%
2024 85.75 % -10.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 99.09 % 89.95 % 107.36 % 10
2020s 97.73 % 85.75 % 110.63 % 5

Countries ranked near United States of America

  1. 1 Georgia 3,610 % compare
  2. 1 Republic of Moldova 114.22 % compare
  3. 2 Trinidad and Tobago 3,170 % compare
  4. 2 United Republic of Tanzania 86.08 % compare
  5. 3 Iran (Islamic Republic of) 83 % compare
  6. 3 Zambia 540.86 % compare
  7. 4 Burundi 534.09 % compare
  8. 4 Türkiye 74.69 % compare

See the full ranking of 86 places →

More agriculture & rural data for United States of America

All data for United States of America →

Frequently asked questions

What is wheat — terms of trade in United States of America?
Wheat — terms of trade in United States of America was 85.75 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest wheat — terms of trade recorded in United States of America?
The highest recorded value was 110.63 % in 2021.
What is the lowest wheat — terms of trade recorded in United States of America?
The lowest recorded value was 85.75 % in 2024.
How does United States of America rank for wheat — terms of trade?
United States of America ranks 1st out of 1 groups with data for 2024.
Is wheat — terms of trade rising or falling in United States of America?
Over the last ten years it is down 20.1%. The long-run trend across the full record is falling.
Where does this United States of America data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Wheat — Terms of trade. Statizoid updates them automatically from the source API.

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Wheat — Terms of trade in United States of America. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 11 September 2026, from https://agriculture.statizoid.com/stat/wheat-terms-of-trade/united-states-of-america/

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About this data

Indicator
Wheat — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
86 places, 1,204 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK