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2022
Exports | Imports $905M | $868MWorld Rnk 2 / 186
Flag Rnk 274 / 1217
World Rnk 1 / 221
Flag Rnk 431 / 1216
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $192M | $44MKuwait |  Mexico
2022
ECONOMIC COMPLEXITY of United States1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils-0.89Rnk 808 / 1025

About

Exports In 2022, United States exported $905M in Other Pure Vegetable Oils, making it the 2nd largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 274th most exported product in United States. The main destination of Other Pure Vegetable Oils exports from United States are: Kuwait ($315M), Canada ($72.5M), Singapore ($60M), Saudi Arabia ($59.9M), and Yemen ($48M).

The fastest growing export markets for Other Pure Vegetable Oils of United States between 2021 and 2022 were Kuwait ($192M), Singapore ($49.5M), and Yemen ($26.7M).

Imports In 2022, United States imported $868M in Other Pure Vegetable Oils, becoming the 1st largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 431st most imported product in United States. United States imports Other Pure Vegetable Oils primarily from: Mexico ($227M), India ($142M), Canada ($92.8M), Spain ($84.9M), and Italy ($64.4M).

The fastest growing import markets in Other Pure Vegetable Oils for United States between 2021 and 2022 were Mexico ($44M), Canada ($30.6M), and Italy ($20.2M).

COMPANIES In 2023, leading companies such as LOREAL USA (63), HALL S WAREHOUSE CORPORATION (7), and GLOBAL ETRADE SERVICES INC (3) were at the forefront of shipping Other Pure Vegetable Oils to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Other Pure Vegetable Oils exports accounted up to $26.5M and imports accounted up to $62.2M, resulting in a negative trade balance of $35.7M. Between January 2023 and January 2024 the exports of United States'   Other Pure Vegetable Oils have increased by $1.35M (5.37%) from $25.2M to $26.5M, while imports increased by $4.8M (8.36%) from $57.4M to $62.2M.

Destinations In January 2024, Other Pure Vegetable Oils were exported mostly to Canada ($6.65M), Italy ($4.42M), Mexico ($4.05M), South Korea ($1.6M), and Chile ($1.15M), and were imported mostly from Mexico ($15.4M), India ($6.7M), Canada ($6.63M), Italy ($6.29M), and Spain ($4.47M).

Growth In January 2024, the increase in Other Pure Vegetable Oils's year-by-year exports was explained primarily by an increase in exports to Chile ($1.85M or 5.41k%), Canada ($469k or 6.99%), and Japan ($452k or 164%). In January 2024, the increase in Other Pure Vegetable Oils's year-by-year imports was explained primarily by an increase in imports from Canada ($3.65M or 113%), Mexico ($3.32M or 20.4%), and Brazil ($1.17M or 524%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$1.35M(5.37%)
IMPORT GROWTH (January 2023 - January 2024)$4.8M(8.36%)
MAIN EXPORTER (January 2024)New Jersey$4.53M
MAIN DESTINATION (January 2024)Canada$6.65M

This section shows Other Pure Vegetable 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 Other Pure Vegetable Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$905M
IMPORTS (2022)$868M
NET TRADE (2022)$37.5M

In 2022, United States exported $905M in Other Pure Vegetable Oils. The main destinations of United States exports on Other Pure Vegetable Oils were Kuwait ($315M), Canada ($72.5M), Singapore ($60M), Saudi Arabia ($59.9M), and Yemen ($48M).

In 2022, United States imported $868M in Other Pure Vegetable Oils, mainly from Mexico ($227M), India ($142M), Canada ($92.8M), Spain ($84.9M), and Italy ($64.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR United States WERE (2021 - 2022):
Kuwait$192M (156%)
Singapore$49.5M (472%)
Yemen$26.7M (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY United States WERE (2021 - 2022):
Egypt-$39.2M (-84.6%)
Netherlands-$32.6M (-71.9%)
Saudi Arabia-$18M (-23.1%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Other Pure Vegetable Oils were:
India $1.28B
Mexico $308M
In 2022, United States's main importing competitors in Other Pure Vegetable Oils were:
China $620M
Kuwait $416M

Explore Visualizations

Trade Value of Other Pure Vegetable Oils by Exporters

Keep Exploring

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