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2022
Exports $46.1MWorld Rnk 11 / 92
Flag Rnk 874 / 1217
2022
Destination $8.24M South Korea
2021 - 2022
FASTEST GROWING MARKET $8.24MSouth Korea
2022
PRODUCT COMPLEXITY IN Casein-0.14Rnk 592 / 1025
2022
Imports $898MWorld Rnk 1 / 169
Flag Rnk 419 / 1216
2022
Origin $80.5M New Zealand
2021 - 2022
FASTEST GROWING ORIGIN $80.5MNew Zealand
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $46.1M in Casein, making it the 11th largest exporter of Casein in the world. At the same year, Casein was the 874th most exported product in United States. The main destination of Casein exports from United States are: South Korea ($14.2M), Canada ($8.8M), Netherlands ($6.16M), Costa Rica ($2.56M), and Mexico ($2.21M).

The fastest growing export markets for Casein of United States between 2021 and 2022 were South Korea ($8.24M), Costa Rica ($2.44M), and Germany ($1.81M).

Imports In 2022, United States imported $898M in Casein, becoming the 1st largest importer of Casein in the world. At the same year, Casein was the 419th most imported product in United States. United States imports Casein primarily from: New Zealand ($300M), Ireland ($190M), Netherlands ($75.7M), Denmark ($68.1M), and France ($67.1M).

The fastest growing import markets in Casein for United States between 2021 and 2022 were New Zealand ($80.5M), Ireland ($50.8M), and India ($30.3M).

COMPANIES In 2023, leading companies such as CrimsonLogic (3), Walong Marketing (2), and Lollicup (1) were at the forefront of shipping Casein to the United States.

Latest Trends

October 2024

About

Overview In October 2024 United States' Casein exports accounted up to $8.7M and imports accounted up to $34.2M, resulting in a negative trade balance of $25.5M. Between October 2023 and October 2024 the exports of United States'   Casein have increased by $5.41M (165%) from $3.29M to $8.7M, while imports decreased by $-19.1M (-35.8%) from $53.3M to $34.2M.

Destinations In October 2024, Casein were exported mostly to Mexico ($2.89M), Netherlands ($1.64M), Pakistan ($1.5M), Canada ($1.27M), and South Korea ($598k), and were imported mostly from Denmark ($9.91M), New Zealand ($5.86M), Ireland ($5.44M), France ($2.88M), and Poland ($2.77M).

Growth In October 2024, the increase in Casein's year-by-year exports was explained primarily by an increase in exports to Netherlands ($1.2M or 3.64k%), China ($455k or 1.55k%), and United Kingdom ($22.1k or 407%). In October 2024, the decrease in Casein's year-by-year imports was explained primarily by a decrease in imports from Ireland ($-15M or -51.8%) and Argentina ($-112k or -2.88%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$5.41M(165%)
IMPORT GROWTH (October 2023 - October 2024)$-19.1M(-35.8%)
MAIN EXPORTER (October 2024)Illinois$4.43M
MAIN DESTINATION (October 2024)Mexico$2.89M

This section shows Casein'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 Casein over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$46.1M
IMPORTS (2022)$898M
NET TRADE (2022)-$852M

In 2022, United States exported $46.1M in Casein. The main destinations of United States exports on Casein were South Korea ($14.2M), Canada ($8.8M), Netherlands ($6.16M), Costa Rica ($2.56M), and Mexico ($2.21M).

In 2022, United States imported $898M in Casein, mainly from New Zealand ($300M), Ireland ($190M), Netherlands ($75.7M), Denmark ($68.1M), and France ($67.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Casein EXPORT MARKETS FOR United States WERE (2021 - 2022):
South Korea$8.24M (138%)
Costa Rica$2.44M (2.08k%)
Germany$1.81M (710%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Casein BY United States WERE (2021 - 2022):
Netherlands-$1.6M (-20.7%)
Canada-$1.48M (-14.4%)
Saudi Arabia-$737k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Casein were:
New Zealand $1.18B
Ireland $735M
France $404M
In 2022, United States's main importing competitors in Casein were:
China $482M
Germany $247M

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Trade Value of Casein by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.19M
TOP IMPORT POTENTIALIndia+ $8.92M

Casein’s highest export potential is China. With an export gap of $2.19M.   Casein’s highest import potential is India with an import gap of $8.92M.

See methodology.

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