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2022
Exports $6.21MWorld Rnk 4 / 59
Flag Rnk 1100 / 1217
2022
Destination $93k Mexico
2021 - 2022
FASTEST GROWING MARKET $93kChina
2022
Imports $21.4kWorld Rnk 42 / 95
Flag Rnk 1214 / 1216
2022
Origin $10.3k Australia
2021 - 2022
FASTEST GROWING ORIGIN $10.3kAruba
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $6.21M in Lard stearin and oils, making it the 4th largest exporter of Lard stearin and oils in the world. At the same year, Lard stearin and oils was the 1100th most exported product in United States. The main destination of Lard stearin and oils exports from United States are: Mexico ($3.05M), Aruba ($2.16M), South Korea ($319k), China ($146k), and Japan ($108k).

The fastest growing export markets for Lard stearin and oils of United States between 2021 and 2022 were China ($93k), South Korea ($76.6k), and Japan ($44.6k).

Imports In 2022, United States imported $21.4k in Lard stearin and oils, becoming the 42nd largest importer of Lard stearin and oils in the world. At the same year, Lard stearin and oils was the 1214th most imported product in United States. United States imports Lard stearin and oils primarily from: Australia ($11.1k) and Aruba ($10.3k).

The fastest growing import markets in Lard stearin and oils for United States between 2021 and 2022 were Aruba ($10.3k) and Australia ($851).

Latest Trends

June 2024

About

Overview In June 2024 United States' Lard stearin and oils exports accounted up to $538k and imports accounted up to $6.63k, resulting in a positive trade balance of $531k. Between June 2023 and June 2024 the exports of United States'   Lard stearin and oils have increased by $492k (1.08k%) from $45.7k to $538k, while imports increased by $6.63k (N/A%) from $0 to $6.63k.

Destinations In June 2024, Lard stearin and oils were exported mostly to Mexico ($477k), China ($34k), Canada ($15.2k), Brazil ($11.7k), and Egypt ($0), and were imported mostly from Australia ($6.63k).

Growth In June 2024, the increase in Lard stearin and oils's year-by-year exports was explained primarily by an increase in exports to Mexico ($1.12M or 23.7k%) and China ($68.3k or 173%). In June 2024, the increase in Lard stearin and oils's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$492k(1.08k%)
IMPORT GROWTH (November 2022 - June 2024)$6.63k(N/A%)
MAIN EXPORTER (June 2024)California$673k
MAIN DESTINATION (June 2024)Mexico$477k

This section shows Lard stearin and oils'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 Lard stearin and oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.21M
IMPORTS (2022)$21.4k
NET TRADE (2022)$6.19M

In 2022, United States exported $6.21M in Lard stearin and oils. The main destinations of United States exports on Lard stearin and oils were Mexico ($3.05M), Aruba ($2.16M), South Korea ($319k), China ($146k), and Japan ($108k).

In 2022, United States imported $21.4k in Lard stearin and oils, mainly from Australia ($11.1k) and Aruba ($10.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lard stearin and oils EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$93k (175%)
South Korea$76.6k (31.6%)
Japan$44.6k (70.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lard stearin and oils BY United States WERE (2021 - 2022):
Mexico-$8.1M (-72.7%)
Aruba-$230k (-9.61%)
Argentina-$59.5k (-100%)
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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 Lard stearin and oils were:
Ireland $21M
France $7.71M
Netherlands $6.54M
In 2022, United States's main importing competitors in Lard stearin and oils were:
Netherlands $24.6M
Germany $10.7M
United Kingdom $6.87M

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Trade Value of Lard stearin and oils by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Lard stearin and oils’s highest export potential is N/A. With an export gap of N/A.   Lard stearin and oils’s highest import potential is N/A with an import gap of N/A.

See methodology.

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