Forage Crops in United States

EXPORTS (2018): $1.42B, World Rnk 1 / 97
Flag Rnk 186 / 1222

TOP DESTINATION (2018): $514M, Japan

FASTEST GROWING IN MARKET (2017 - 2018): $86.5M, United Arab Emirates

IMPORTS (2018): $85.8M, World Rnk 6 / 157
Flag Rnk 863 / 1217

TOP ORIGIN (2018): $67.4M, Canada

FASTEST GROWING ORIGIN (2017 - 2018): $11M, Canada

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

PRODUCT COMPLEXITY  IN Forage Crops (2018): -1.31, Rnk 902 / 1018

Exports: In 2018, United States exported $1.42B in Forage Crops, making it the 1st largest exporter of Forage Crops in the world. At the same year, Forage Crops was the 186th most exported product in United States. The main destination of Forage Crops exports from United States are: Japan ($514M), China ($320M), South Korea ($244M), Saudi Arabia ($161M), and United Arab Emirates ($86.9M).

The fastest growing export markets for Forage Crops of United States between 2017 and 2018 were United Arab Emirates ($86.5M), Saudi Arabia ($51.6M), and Japan ($44.5M).

Imports: In 2018, United States imported $85.8M in Forage Crops, becoming the 6th largest importer of Forage Crops in the world. At the same year, Forage Crops was the 863rd most imported product in United States. United States imports Forage Crops primarily from: Canada ($67.4M), Mexico ($16.1M), China ($809k), Australia ($479k), and Italy ($251k).

The fastest growing import markets in Forage Crops for United States between 2017 and 2018 were Canada ($11M), Mexico ($8.3M), and China ($320k).

Tariffs: In 2018, the average tariff for United States in Forage Crops was 0.45%. The countries with the highest import tariffs for Forage Crops were Algeria (0.7%), Egypt (0.7%), Eritrea (0.7%), Western Sahara (0.7%), and Equatorial Guinea (0.7%).

Value

EXPORTS (2018): $1.42B

IMPORTS (2018): $85.8M

NET TRADE (2018): $1.33B

In 2018, United States exported $1.42B in Forage Crops. The main destinations of United States exports on Forage Crops were Japan ($514M), China ($320M), South Korea ($244M), Saudi Arabia ($161M), and United Arab Emirates ($86.9M).

In 2018, United States imported $85.8M in Forage Crops, mainly from Canada ($67.4M), Mexico ($16.1M), China ($809k), Australia ($479k), and Italy ($251k).

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

  • Japan, $514M ($514M - $2.39k)
  • China, $319M ($320M - $809k)
  • South Korea, $244M ($244M - $0)

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

  • Canada, -$49.5M ($18M - $67.4M)
  • Mexico, -$15.8M ($231k - $16.1M)
  • Australia, -$352k ($127k - $479k)
Flow

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

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

Market Concentration

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Flow
Type

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

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

Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Forage Crops 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 2018, the average tariff for United States in Forage Crops was 0.45%.

The countries with the highest tariffs for Forage Crops in United States were Algeria (0.7%), Egypt (0.7%), Eritrea (0.7%), Western Sahara (0.7%), and Equatorial Guinea (0.7%).

Explore Tariff Data