Animal Meal and Pellets in United States 2021 Exports | Imports : $799M | $209M, World Rnk 2 / 123 Rnk 281 / 1216 | World Rnk 9 / 173 Rnk 718 / 1215
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $43.5M | $8.7M, Indonesia | Mexico
2021 ECONOMIC COMPLEXITY of United States: 1.46, Rnk 10 / 131
2021 PRODUCT COMPLEXITY IN Animal Meal and Pellets: -1.5, Rnk 947 / 1024
Exports In 2021, United States exported $799M in Animal Meal and Pellets, making it the 2nd largest exporter of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 281st most exported product in United States. The main destination of Animal Meal and Pellets exports from United States are: China ($237M), Indonesia ($166M), Canada ($101M), Vietnam ($89.9M), and Philippines ($37.3M).
The fastest growing export markets for Animal Meal and Pellets of United States between 2020 and 2021 were Indonesia ($43.5M), Philippines ($13.9M), and China ($13.6M).
Imports In 2021, United States imported $209M in Animal Meal and Pellets, becoming the 9th largest importer of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 718th most imported product in United States. United States imports Animal Meal and Pellets primarily from: Chile ($52.8M), Australia ($34.4M), Mexico ($22.7M), France ($20.6M), and Brazil ($19.9M).
The fastest growing import markets in Animal Meal and Pellets for United States between 2020 and 2021 were Mexico ($8.7M), France ($4.84M), and Norway ($4.36M).
May 2023
Overview In May 2023 United States' Animal Meal and Pellets exports accounted up to $83.6M and imports accounted up to $23.8M, resulting in a positive trade balance of $59.7M. Between May 2022 and May 2023 the exports of United States' Animal Meal and Pellets have increased by $5.28M (6.75%) from $78.3M to $83.6M, while imports decreased by $-3.08M (-11.4%) from $26.9M to $23.8M.
Destinations In May 2023, Animal Meal and Pellets were exported mostly to China ($32.5M), Indonesia ($13.4M), Canada ($7.84M), Mexico ($7.16M), and Vietnam ($5.14M), and were imported mostly from Chile ($7.23M), Australia ($5M), Brazil ($2.03M), Mexico ($1.71M), and Canada ($1.45M).
Growth In May 2023, the increase in Animal Meal and Pellets's year-by-year exports was explained primarily by an increase in exports to Philippines ($3.98M or 560%), Indonesia ($2.61M or 26.2%), and Canada ($1.78M or 20.7%). In May 2023, the decrease in Animal Meal and Pellets's year-by-year imports was explained primarily by a decrease in imports from Brazil ($-1.64M or -73.1%), Argentina ($-1.14M or -91.9%), and New Zealand ($-335k or -42.3%).
EXPORT GROWTH (May 2022 - May 2023): $5.28M, (6.75%)
IMPORT GROWTH (May 2022 - May 2023): $-3.08M, (-11.4%)
MAIN EXPORTER (May 2023): Alaska, $20.9M
MAIN DESTINATION (May 2023): China, $32.5M
This section shows Animal Meal and Pellets'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 Animal Meal and Pellets over time.
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EXPORTS (2021): $799M
IMPORTS (2021): $209M
NET TRADE (2021): $590M
In 2021, United States exported $799M in Animal Meal and Pellets. The main destinations of United States exports on Animal Meal and Pellets were China ($237M), Indonesia ($166M), Canada ($101M), Vietnam ($89.9M), and Philippines ($37.3M).
In 2021, United States imported $209M in Animal Meal and Pellets, mainly from Chile ($52.8M), Australia ($34.4M), Mexico ($22.7M), France ($20.6M), and Brazil ($19.9M).
THE FASTEST GROWING Animal Meal and Pellets EXPORT MARKETS FOR United States WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Meal and Pellets BY United States WERE (2020 - 2021):
In 2021, United States's main exporting competitors in Animal Meal and Pellets were:
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