2022
Exports
$277MWorld Rnk 9 / 148
Flag Rnk 521 / 1217
2022
PRODUCT COMPLEXITY IN Butter
0.015Rnk 543 / 1025
2022
Imports
$541MWorld Rnk 6 / 220
Flag Rnk 517 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $277M in Butter, making it the 9th largest exporter of Butter in the world. At the same year, Butter was the 521st most exported product in United States. The main destination of Butter exports from United States are: Canada ($120M), Bahrain ($46.7M), South Korea ($30.1M), Mexico ($26.9M), and Saudi Arabia ($10.7M).

The fastest growing export markets for Butter of United States between 2021 and 2022 were Canada ($50.2M), Bahrain ($23.3M), and South Korea ($16.8M).

Imports In 2022, United States imported $541M in Butter, becoming the 6th largest importer of Butter in the world. At the same year, Butter was the 517th most imported product in United States. United States imports Butter primarily from: Ireland ($332M), New Zealand ($106M), Netherlands ($32.1M), France ($20.8M), and India ($14.4M).

The fastest growing import markets in Butter for United States between 2021 and 2022 were Ireland ($68.4M), New Zealand ($56.6M), and India ($6.69M).

COMPANIES In 2023, leading companies such as IKEA Group (139), Hall's Warehouse (137), and Lineage Cold Storage (41) were at the forefront of shipping Butter to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$9.07M(66.9%)
IMPORT GROWTH (September 2023 - September 2024)$28.8M(70.8%)
MAIN EXPORTER (September 2024)Michigan$7.35M
MAIN DESTINATION (September 2024)Canada$14.6M

This section shows Butter'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 Butter over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$277M
IMPORTS (2022)$541M
NET TRADE (2022)-$264M

In 2022, United States exported $277M in Butter. The main destinations of United States exports on Butter were Canada ($120M), Bahrain ($46.7M), South Korea ($30.1M), Mexico ($26.9M), and Saudi Arabia ($10.7M).

In 2022, United States imported $541M in Butter, mainly from Ireland ($332M), New Zealand ($106M), Netherlands ($32.1M), France ($20.8M), and India ($14.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$50.2M (71.9%)
Bahrain$23.3M (99.7%)
South Korea$16.8M (126%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY United States WERE (2021 - 2022):
Saudi Arabia-$9.46M (-47%)
China-$9.38M (-91.8%)
Australia-$5.95M (-90.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Butter were:
In 2022, United States's main importing competitors in Butter were:

Explore Visualizations

Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $3.52M
TOP IMPORT POTENTIALNew Zealand+ $13.8M

Butter’s highest export potential is Mexico. With an export gap of $3.52M.   Butter’s highest import potential is New Zealand with an import gap of $13.8M.

See methodology.

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