Sorghum in United States

EXPORTS (2018): $845M, World Rnk 1 / 83
Flag Rnk 268 / 1222

TOP DESTINATION (2018): $533M, China

FASTEST GROWING MARKET (2017 - 2018): $74.6M, Spain

IMPORTS (2018): $857k, World Rnk 41 / 129
Flag Rnk 1194 / 1217

TOP ORIGIN (2018): $385k, Mexico

FASTEST GROWING ORIGIN (2017 - 2018): $237k, Mexico

ECONOMIC COMPLEXITY of United States (2018): 1.57, Rnk 9 / 137

PRODUCT COMPLEXITY  IN Sorghum (2018): -1.85, Rnk 987 / 1018

Overview: This page contains the latest trade data of Sorghum in United States.

Exports: In 2018, United States exported $845M in Sorghum, making it the 1st largest exporter of Sorghum in the world. At the same year, Sorghum was the 268th most exported product in United States. The main destination of Sorghum exports from United States are: China ($533M), Spain ($74.8M), Japan ($65.7M), Mexico ($60.8M), and Sudan ($31.9M).

The fastest growing export markets for Sorghum of United States between 2017 and 2018 were Spain ($74.6M), Japan ($23.1M), and Sudan ($13.4M).

Imports: In 2018, United States imported $857k in Sorghum, becoming the 41st largest importer of Sorghum in the world. At the same year, Sorghum was the 1194th most imported product in United States. United States imports Sorghum primarily from: Mexico ($385k), France ($148k), China ($133k), Argentina ($114k), and Canada ($39.8k).

The fastest growing import markets in Sorghum for United States between 2017 and 2018 were Mexico ($237k), France ($144k), and China ($20.2k).

Tariffs: In 2017, the average tariff for United States in Sorghum was 0.31%. The countries with the highest import tariffs for Sorghum were Equatorial Guinea (0.66%), Libya (0.66%), Mayotte (0.66%), Reunion (0.66%), and Sudan (0.66%).

Overview: In July 2020 United States' Sorghum exports accounted up to $73.9M and imports accounted up to $52.6k, resulting in a positive trade balance of $73.8M. Between July 2019 and July 2020 the exports of United States'   Sorghum have increased by $45.1M (156%) from $28.8M to $73.9M, while imports decreased by $-22.7k (-30.1%) from $75.2k to $52.6k.

Destinations: In July 2020 Sorghum exported mostly to China ($67M), Japan ($2.57M), South Sudan ($1.23M), South Africa ($1.07M), and Uruguay ($679k), and imported mostly from Argentina ($36.8k), Chile ($8.61k), China ($7.14k), Rwanda ($0), and South Korea ($0).

Growth: In July 2020, the increase in Sorghum's year-by-year exports was explained primarily by an increase in exports to China ($51.3M or 102%) and Canada ($226k or 253%). In July 2020, the decrease in Sorghum's year-by-year imports was explained primarily by a decrease in imports from Argentina ($-454k or -77.4%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): $45.1M, (156%)

IMPORT GROWTH (July 2019 - July 2020): $-22.7k, (-30.1%)

MAIN EXPORTER (July 2020): Texas, $70.4M

MAIN DESTINATION (July 2020): China, $67M

This section shows Sorghum'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 Sorghum over time.

Value

EXPORTS (2018): $845M

IMPORTS (2018): $857k

NET TRADE (2018): $844M

In 2018, United States exported $845M in Sorghum. The main destinations of United States exports on Sorghum were China ($533M), Spain ($74.8M), Japan ($65.7M), Mexico ($60.8M), and Sudan ($31.9M).

In 2018, United States imported $857k in Sorghum, mainly from Mexico ($385k), France ($148k), China ($133k), Argentina ($114k), and Canada ($39.8k).

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IN 2018, United States HAD A POSITIVE NET TRADE IN Sorghum WITH:

  • China, $533M ($533M - $133k)
  • Spain, $74.8M ($74.8M - $0)
  • Japan, $65.7M ($65.7M - $0)

IN 2018, United States HAD A NEGATIVE NET TRADE IN Sorghum WITH:

  • India, -$6.17k ($0 - $6.17k)
  • Costa Rica, -$1.83k ($2.19k - $4.02k)
Flow

THE FASTEST GROWING Sorghum EXPORT MARKETS FOR United States WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sorghum BY United States WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, United States's main exporting competitors in Sorghum were:

In 2018, United States's main importing competitors in Sorghum were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Sorghum in United States. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the average tariff for United States in Sorghum was 0.31%.

The countries with the highest tariffs for Sorghum in United States were Equatorial Guinea (0.66%), Libya (0.66%), Mayotte (0.66%), Reunion (0.66%), and Sudan (0.66%).

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