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Pricing

2022
Exports | Imports $29.4M | $533MWorld Rnk 12 / 105
Flag Rnk 934 / 1217
World Rnk 1 / 195
Flag Rnk 523 / 1216
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $3.11M | $3.78MCanada |  Latvia
2022
ECONOMIC COMPLEXITY of United States1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Peat0.019Rnk 547 / 1025

About

Exports In 2022, United States exported $29.4M in Peat, making it the 12th largest exporter of Peat in the world. At the same year, Peat was the 934th most exported product in United States. The main destination of Peat exports from United States are: Canada ($15.9M), Mexico ($9.81M), South Africa ($1.07M), Australia ($613k), and Kuwait ($412k).

The fastest growing export markets for Peat of United States between 2021 and 2022 were Canada ($3.11M), Mexico ($2.13M), and Kuwait ($412k).

Imports In 2022, United States imported $533M in Peat, becoming the 1st largest importer of Peat in the world. At the same year, Peat was the 523rd most imported product in United States. United States imports Peat primarily from: Canada ($497M), Latvia ($14.2M), Netherlands ($8.04M), Estonia ($5.37M), and Russia ($2.61M).

The fastest growing import markets in Peat for United States between 2021 and 2022 were Latvia ($3.78M), Estonia ($3.17M), and Russia ($2.21M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (2.09k), WAL-MART INC. (268), and MYSTIC APPAREL LLC (132) were at the forefront of shipping Peat to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Peat exports accounted up to $3.88M and imports accounted up to $38.2M, resulting in a negative trade balance of $34.4M. Between January 2023 and January 2024 the exports of United States'   Peat have increased by $1.31M (51.2%) from $2.56M to $3.88M, while imports increased by $1.68M (4.59%) from $36.5M to $38.2M.

Destinations In January 2024, Peat were exported mostly to Canada ($3.04M), Mexico ($759k), Cayman Islands ($25.1k), United Arab Emirates ($18.3k), and Antigua and Barbuda ($13.1k), and were imported mostly from Canada ($34.4M), Latvia ($1.88M), Estonia ($1.58M), Netherlands ($169k), and Lithuania ($139k).

Growth In January 2024, the increase in Peat's year-by-year exports was explained primarily by an increase in exports to Mexico ($86.4k or 12.3%), South Africa ($18.4k or 10.9%), and Bahamas ($1.74k or 27.2%). In January 2024, the increase in Peat's year-by-year imports was explained primarily by an increase in imports from Estonia ($254k or 78.7%), Denmark ($16.1k or 34.6%), and New Zealand ($10.3k or 29.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$1.31M(51.2%)
IMPORT GROWTH (January 2023 - January 2024)$1.68M(4.59%)
MAIN EXPORTER (January 2024)North Carolina$1.06M
MAIN DESTINATION (January 2024)Canada$3.04M

This section shows Peat'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 Peat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$29.4M
IMPORTS (2022)$533M
NET TRADE (2022)-$503M

In 2022, United States exported $29.4M in Peat. The main destinations of United States exports on Peat were Canada ($15.9M), Mexico ($9.81M), South Africa ($1.07M), Australia ($613k), and Kuwait ($412k).

In 2022, United States imported $533M in Peat, mainly from Canada ($497M), Latvia ($14.2M), Netherlands ($8.04M), Estonia ($5.37M), and Russia ($2.61M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$3.11M (24.3%)
Mexico$2.13M (27.8%)
Kuwait$412k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY United States WERE (2021 - 2022):
Ecuador-$279k (-79.7%)
Saudi Arabia-$206k (-100%)
Ghana-$131k (-96.9%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Peat were:
Canada $527M
Latvia $324M
Netherlands $190M
In 2022, United States's main importing competitors in Peat were:
Netherlands $143M
China $113M

Explore Visualizations

Trade Value of Peat by Exporters

Keep Exploring

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