As far as agricultural products go, we do. This sector produces MUCH more than the American public can consume on it's own.Wow, sound trade and industrial policy has been held hostage for WAY too long by subsidized, and IMO pampered, farmers that represent 2% of the workforce and 5% of the US GDP. Even in "heavily agricultural" Iowa manufacturing there is 3.5 times as large as agriculture.
Agriculture, food, and related industries contributed $1.053 trillion to U.S. gross domestic product (GDP) in 2017, a 5.4-percent share.
However, as a direct result of falling commodity prices, in 2016, the contribution of farm production to U.S. GDP fell to $136.7 billion, down 6 percent from 2015, and the lowest level since 2010.
As a share of the total U.S. economy, the farm contribution was less than 1 percent and the lowest level since the series was first recorded in 2007. Importantly, farm-level GDP is down nearly 30 percent from the 2013 record of $187 billion, and after declining for three consecutive years, the farm share of agricultural GDP, at 13 percent, is at the lowest level since the series was first recorded in 2007, Figure 1.