Other Fermented Beverages in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $45.9M in Other Fermented Beverages, making it the 15th largest exporter of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 876th most exported product in United States. The main destination of Other Fermented Beverages exports from United States are: Canada ($18.2M), South Korea ($3.63M), Mexico ($3.61M), United Kingdom ($2.15M), and Bahamas ($1.85M).

The fastest growing export markets for Other Fermented Beverages of United States between 2021 and 2022 were Mexico ($2.18M), South Korea ($1.62M), and Bahamas ($1.05M).

Imports In 2022, United States imported $437M in Other Fermented Beverages, becoming the 1st largest importer of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 579th most imported product in United States. United States imports Other Fermented Beverages primarily from: Canada ($123M), Japan ($95.6M), Italy ($94.9M), Mexico ($56.5M), and Ireland ($8.67M).

The fastest growing import markets in Other Fermented Beverages for United States between 2021 and 2022 were Japan ($4.45M), South Korea ($750k), and Australia ($689k).

COMPANIES In 2023, leading companies such as WALONG MARKETING INC. (861), MISA IMPORTS (243), and CARDINAL WINE GROUP LLC (116) were at the forefront of shipping Other Fermented Beverages to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Other Fermented Beverages exports accounted up to $2.03M and imports accounted up to $27.8M, resulting in a negative trade balance of $25.8M. Between January 2023 and January 2024 the exports of United States' Other Fermented Beverages have decreased by $-218k (-9.7%) from $2.25M to $2.03M, while imports increased by $5.08M (22.3%) from $22.7M to $27.8M.

Destinations In January 2024, Other Fermented Beverages were exported mostly to Canada ($1.05M), France ($93.3k), Mexico ($91.3k), Honduras ($86.1k), and Bahamas ($75.5k), and were imported mostly from Canada ($10.2M), Japan ($6.27M), Mexico ($5.92M), South Korea ($1.03M), and Italy ($861k).

Growth In January 2024, the decrease in Other Fermented Beverages's year-by-year exports was explained primarily by a decrease in exports to Canada ($-125k or -9.88%), South Korea ($-105k or -44.2%), and Guatemala ($-64.2k or -81.1%). In January 2024, the increase in Other Fermented Beverages's year-by-year imports was explained primarily by an increase in imports from Canada ($1.99M or 24.8%), United Kingdom ($432k or 127%), and France ($407k or 295%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-218k(-9.7%)

IMPORT GROWTH (January 2023 - January 2024)$5.08M(22.3%)

MAIN EXPORTER (January 2024)California$1.1M

MAIN DESTINATION (January 2024)Canada$1.05M

This section shows Other Fermented Beverages'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 Fermented Beverages over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download