Ground-nut oil-cake and other solid residues in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $1.03M in Ground-nut oil-cake and other solid residues, making it the 9th largest exporter of Ground-nut oil-cake and other solid residues in the world. At the same year, Ground-nut oil-cake and other solid residues was the 4196th most exported product in United States. The main destination of Ground-nut oil-cake and other solid residues exports from United States are: Canada ($371k), Bulgaria ($345k), Mexico ($113k), Peru ($110k), and Australia ($46.9k).

The fastest growing export markets for Ground-nut oil-cake and other solid residues of United States between 2021 and 2022 were Canada ($189k), Bulgaria ($136k), and Peru ($110k).

Imports In 2022, United States imported $7.15M in Ground-nut oil-cake and other solid residues, becoming the 3rd largest importer of Ground-nut oil-cake and other solid residues in the world. At the same year, Ground-nut oil-cake and other solid residues was the 3831st most imported product in United States. United States imports Ground-nut oil-cake and other solid residues primarily from: Brazil ($3.7M), Argentina ($3.37M), Canada ($37.5k), Nigeria ($19.8k), and United Kingdom ($11.2k).

The fastest growing import markets in Ground-nut oil-cake and other solid residues for United States between 2021 and 2022 were Argentina ($1.67M), Brazil ($1.57M), and Nigeria ($8.22k).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Ground-nut oil-cake and other solid residues to the United States.

Latest Trends

June 2024

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Overview In June 2024 United States' Ground-nut oil-cake and other solid residues exports accounted up to $156k and imports accounted up to $240k, resulting in a negative trade balance of $83.6k. Between June 2023 and June 2024 the exports of United States' Ground-nut oil-cake and other solid residues have increased by $77.6k (98.8%) from $78.6k to $156k, while imports decreased by $-112k (-31.8%) from $352k to $240k.

Destinations In June 2024, Ground-nut oil-cake and other solid residues were exported mostly to Mexico ($60.3k), Germany ($49.7k), Canada ($46.2k), and United Kingdom ($0), and were imported mostly from Argentina ($167k), Brazil ($72.7k), and Canada ($0).

Growth In June 2024, the increase in Ground-nut oil-cake and other solid residues's year-by-year exports was explained primarily by an increase in exports to Australia ($26k or 51%). In June 2024, the decrease in Ground-nut oil-cake and other solid residues's year-by-year imports was explained primarily by a decrease in imports from Brazil ($-65.3k or -53.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$77.6k(98.8%)

IMPORT GROWTH (June 2023 - June 2024)$-112k(-31.8%)

MAIN EXPORTER (June 2024)Georgia$270k

MAIN DESTINATION (June 2024)Mexico$60.3k

This section shows Ground-nut oil-cake and other solid residues'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 Ground-nut oil-cake and other solid residues over time.

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