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2022
Exports $19.9MWorld Rnk 9 / 120
Flag Rnk 984 / 1217
2022
Destination $9.97M Mexico
2021 - 2022
FASTEST GROWING MARKET $9.97MMexico
2022
Imports $38.8MWorld Rnk 2 / 206
Flag Rnk 1005 / 1216
2022
Origin $2.74M Japan
2021 - 2022
FASTEST GROWING ORIGIN $2.74MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $19.9M in Vegetable Fiber, making it the 9th largest exporter of Vegetable Fiber in the world. At the same year, Vegetable Fiber was the 984th most exported product in United States. The main destination of Vegetable Fiber exports from United States are: Mexico ($10.6M), Canada ($2.71M), Bahamas ($1.23M), Somalia ($924k), and Cayman Islands ($528k).

The fastest growing export markets for Vegetable Fiber of United States between 2021 and 2022 were Mexico ($9.97M), Somalia ($924k), and Canada ($704k).

Imports In 2022, United States imported $38.8M in Vegetable Fiber, becoming the 2nd largest importer of Vegetable Fiber in the world. At the same year, Vegetable Fiber was the 1005th most imported product in United States. United States imports Vegetable Fiber primarily from: Japan ($12.5M), Canada ($9.01M), China ($7.93M), Mexico ($3.77M), and Latvia ($1.75M).

The fastest growing import markets in Vegetable Fiber for United States between 2021 and 2022 were China ($2.74M), Mexico ($1.15M), and Canada ($524k).

COMPANIES In 2023, leading companies such as Walmart (2), Emser Tile (1), and Euromarket Designs (1) were at the forefront of shipping Vegetable Fiber to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Vegetable Fiber exports accounted up to $1.89M and imports accounted up to $690k, resulting in a positive trade balance of $1.2M. Between June 2023 and June 2024 the exports of United States'   Vegetable Fiber have increased by $176k (10.3%) from $1.71M to $1.89M, while imports decreased by $-1.64M (-70.4%) from $2.33M to $690k.

Destinations In June 2024, Vegetable Fiber were exported mostly to Mexico ($1.25M), Canada ($205k), Bahamas ($99.9k), Nicaragua ($51.5k), and Honduras ($40.2k), and were imported mostly from Canada ($299k), China ($151k), Spain ($144k), Latvia ($62.4k), and Portugal ($20.7k).

Growth In June 2024, the increase in Vegetable Fiber's year-by-year exports was explained primarily by an increase in exports to Mexico ($620k or 97.7%), Canada ($226k or 253%), and Cayman Islands ($39.7k or 79.1%). In June 2024, the decrease in Vegetable Fiber's year-by-year imports was explained primarily by a decrease in imports from Italy ($-52.4k or -95%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$176k(10.3%)
IMPORT GROWTH (June 2023 - June 2024)$-1.64M(-70.4%)
MAIN EXPORTER (June 2024)California$1.15M
MAIN DESTINATION (June 2024)Mexico$1.25M

This section shows Vegetable Fiber's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Vegetable Fiber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19.9M
IMPORTS (2022)$38.8M
NET TRADE (2022)-$18.9M

In 2022, United States exported $19.9M in Vegetable Fiber. The main destinations of United States exports on Vegetable Fiber were Mexico ($10.6M), Canada ($2.71M), Bahamas ($1.23M), Somalia ($924k), and Cayman Islands ($528k).

In 2022, United States imported $38.8M in Vegetable Fiber, mainly from Japan ($12.5M), Canada ($9.01M), China ($7.93M), Mexico ($3.77M), and Latvia ($1.75M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable Fiber EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$9.97M (1.64k%)
Somalia$924k (1%)
Canada$704k (35.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable Fiber BY United States WERE (2021 - 2022):
Dominican Republic-$545k (-66.6%)
Turks and Caicos Islands-$196k (-93%)
Costa Rica-$125k (-27.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Vegetable Fiber were:
China $135M
Germany $37.3M
Czechia $30.1M
In 2022, United States's main importing competitors in Vegetable Fiber were:
Germany $47.4M
Switzerland $22.8M

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Trade Value of Vegetable Fiber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $71.5k
TOP IMPORT POTENTIALChina+ $1.42M

Vegetable Fiber’s highest export potential is Spain. With an export gap of $71.5k.   Vegetable Fiber’s highest import potential is China with an import gap of $1.42M.

See methodology.

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