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2023
Exports $35.3BWorld Rnk 1 / 224
Flag Rnk 11 / 21
2023
Destination $94M Mexico
2022 - 2023
FASTEST GROWING MARKET $94MAustralia
2023
PRODUCT COMPLEXITY IN Animal Products0.65Rnk 305 / 1025
2023
Imports $41.9BWorld Rnk 2 / 226
Flag Rnk 13 / 21
2023
Origin $239M Canada
2022 - 2023
FASTEST GROWING ORIGIN $239MMexico
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $35.3B in Animal Products, making it the 1st largest exporter of Animal Products in the world. At the same year, Animal Products was the 11th most exported product in United States. The main destination of Animal Products exports from United States are: Mexico ($6.34B), China ($5.22B), Japan ($4.47B), South Korea ($3.54B), and Canada ($3.45B).

The fastest growing export markets for Animal Products of United States between 2022 and 2023 were Australia ($94M), Guatemala ($52.2M), and Dominican Republic ($41.5M).

Imports In 2023, United States imported $41.9B in Animal Products, becoming the 2nd largest importer of Animal Products in the world. At the same year, Animal Products was the 13th most imported product in United States. United States imports Animal Products primarily from: Canada ($9.65B), Mexico ($3.85B), Chile ($3.51B), Australia ($2.89B), and India ($2.2B).

The fastest growing import markets in Animal Products for United States between 2022 and 2023 were Mexico ($239M), New Zealand ($148M), and Australia ($95.3M).

COMPANIES In 2023, leading companies such as JBS Foods (2.91k), IKEA Group (1.66k), and Lawrence Wholesale (900) were at the forefront of shipping Animal Products to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Animal Products exports accounted up to $3.17B and imports accounted up to $4.02B, resulting in a negative trade balance of $851M. Between November 2023 and November 2024 the exports of United States'   Animal Products have increased by $281M (9.73%) from $2.89B to $3.17B, while imports increased by $586M (17.1%) from $3.44B to $4.02B.

Destinations In November 2024, Animal Products were exported mostly to Mexico ($672M), China ($412M), Canada ($376M), Japan ($335M), and South Korea ($293M), and were imported mostly from Canada ($801M), Australia ($433M), Mexico ($344M), Chile ($226M), and Brazil ($200M).

Growth In November 2024, the increase in Animal Products's year-by-year exports was explained primarily by an increase in exports to Mexico ($106M or 22.4%), Canada ($43.5M or 17%), and Honduras ($9.72M or 77.5%). In November 2024, the increase in Animal Products's year-by-year imports was explained primarily by an increase in imports from China ($61.2M or 42.2%), Norway ($26.9M or 24.7%), and New Zealand ($23.1M or 15.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$281M(9.73%)
IMPORT GROWTH (November 2023 - November 2024)$586M(17.1%)
MAIN EXPORTER (November 2024)Texas$392M
MAIN DESTINATION (November 2024)Mexico$672M

This section shows Animal Products'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 Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$35.3B
IMPORTS (2023)$41.9B
NET TRADE (2023)-$6.61B

In 2023, United States exported $35.3B in Animal Products. The main destinations of United States exports on Animal Products were Mexico ($6.34B), China ($5.22B), Japan ($4.47B), South Korea ($3.54B), and Canada ($3.45B).

In 2023, United States imported $41.9B in Animal Products, mainly from Canada ($9.65B), Mexico ($3.85B), Chile ($3.51B), Australia ($2.89B), and India ($2.2B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Animal Products EXPORT MARKETS FOR United States WERE (2022 - 2023):
Australia$94M (26.4%)
Guatemala$52.2M (12.3%)
Dominican Republic$41.5M (7.13%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Products BY United States WERE (2022 - 2023):
China-$1.11B (-17.6%)
Japan-$419M (-8.57%)
South Korea-$385M (-9.81%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Animal Products were:
Netherlands $29.8B
Germany $25.5B
In 2023, United States's main importing competitors in Animal Products were:
China $51.5B
Germany $25.7B

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Trade Value of Animal Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $249M
TOP IMPORT POTENTIALCanada+ $975M

Animal Products’s highest export potential is China. With an export gap of $249M.   Animal Products’s highest import potential is Canada with an import gap of $975M.

See methodology.

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