Tea and mate extracts, essences and concentrates in   United States

Overview In June 2024 United States' Tea and mate extracts, essences and concentrates exports accounted up to $14M and imports accounted up to $18.8M, resulting in a negative trade balance of $4.76M. Between June 2023 and June 2024 the exports of United States'   Tea and mate extracts, essences and concentrates have decreased by $-604k (-4.13%) from $14.6M to $14M, while imports decreased by $-3.67M (-16.3%) from $22.5M to $18.8M.

Destinations In June 2024, Tea and mate extracts, essences and concentrates were exported mostly to Mexico ($4.07M), Canada ($3.75M), Malaysia ($893k), Netherlands ($797k), and Vietnam ($639k), and were imported mostly from China ($4.32M), Canada ($3.59M), India ($1.75M), Chile ($1.42M), and Italy ($1.4M).

Growth In June 2024, the decrease in Tea and mate extracts, essences and concentrates's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-2.88M or -78.4%), Netherlands ($-456k or -33.6%), and El Salvador ($-245k or -67.1%). In June 2024, the decrease in Tea and mate extracts, essences and concentrates's year-by-year imports was explained primarily by a decrease in imports from China ($-673k or -9.58%), Chinese Taipei ($-203k or -29.1%), and Malaysia ($-199k or -82.1%).