A product runout tracking system for an agricultural implement includes a controller having a memory and a processor, wherein the controller is configured to determine a distance remaining until a storage tank is empty of a product based at least in part on an amount of the product within the storage tank of the agricultural implement, a flow rate of the product from the agricultural implement, a ground speed of the agricultural implement, or any combination thereof. The controller is further configured to determine a product runout location of the product within the storage tank based at least in part on the determined distance remaining and a planned route of the agricultural implement, wherein the product runout location includes a location within the field in which the storage tank is estimated to be empty of the product, and output the product runout location to a user interface for display to an operator of the agricultural implement.