Coffee in United States 2021 Exports | Imports : $777M | $6.86B, World Rnk 13 / 196 Rnk 284 / 1216 | World Rnk 1 / 221 Rnk 86 / 1215
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $19.1M | $376M, Canada | Switzerland
2021 ECONOMIC COMPLEXITY of United States: 1.46, Rnk 10 / 131
2021 PRODUCT COMPLEXITY IN Coffee: -1.52, Rnk 949 / 1024
Exports In 2021, United States exported $777M in Coffee, making it the 13th largest exporter of Coffee in the world. At the same year, Coffee was the 284th most exported product in United States. The main destination of Coffee exports from United States are: Canada ($439M), South Korea ($103M), Japan ($49M), Mexico ($32.5M), and Chinese Taipei ($27.9M).
The fastest growing export markets for Coffee of United States between 2020 and 2021 were Canada ($19.1M), South Korea ($9.75M), and United Kingdom ($5.68M).
Imports In 2021, United States imported $6.86B in Coffee, becoming the 1st largest importer of Coffee in the world. At the same year, Coffee was the 86th most imported product in United States. United States imports Coffee primarily from: Colombia ($1.33B), Brazil ($1.19B), Switzerland ($831M), Canada ($533M), and Guatemala ($387M).
The fastest growing import markets in Coffee for United States between 2020 and 2021 were Switzerland ($376M), Colombia ($294M), and Brazil ($248M).
May 2023
Overview In May 2023 United States' Coffee exports accounted up to $92.9M and imports accounted up to $753M, resulting in a negative trade balance of $660M. Between May 2022 and May 2023 the exports of United States' Coffee have decreased by $-11.1M (-10.7%) from $104M to $92.9M, while imports decreased by $-18.8M (-2.43%) from $772M to $753M.
Destinations In May 2023, Coffee were exported mostly to Canada ($59.4M), South Korea ($9.66M), Mexico ($6.2M), Japan ($3.87M), and Taiwan ($2.57M), and were imported mostly from Brazil ($111M), Switzerland ($88.1M), Colombia ($86.3M), Honduras ($78.4M), and Guatemala ($68.8M).
Growth In May 2023, the decrease in Coffee's year-by-year exports was explained primarily by a decrease in exports to Japan ($-302k or -7.53%), Brazil ($-180k or -71.4%), and China ($-167k or -11.8%). In May 2023, the decrease in Coffee's year-by-year imports was explained primarily by a decrease in imports from France ($-1.67M or -78%), Kenya ($-1.43M or -52.6%), and Papua New Guinea ($-1.24M or -21.4%).
EXPORT GROWTH (May 2022 - May 2023): $-11.1M, (-10.7%)
IMPORT GROWTH (May 2022 - May 2023): $-18.8M, (-2.43%)
MAIN EXPORTER (May 2023): New York, $17.1M
MAIN DESTINATION (May 2023): Canada, $59.4M
This section shows Coffee'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 Coffee over time.
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EXPORTS (2021): $777M
IMPORTS (2021): $6.86B
NET TRADE (2021): -$6.08B
In 2021, United States exported $777M in Coffee. The main destinations of United States exports on Coffee were Canada ($439M), South Korea ($103M), Japan ($49M), Mexico ($32.5M), and Chinese Taipei ($27.9M).
In 2021, United States imported $6.86B in Coffee, mainly from Colombia ($1.33B), Brazil ($1.19B), Switzerland ($831M), Canada ($533M), and Guatemala ($387M).
THE FASTEST GROWING Coffee EXPORT MARKETS FOR United States WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee BY United States WERE (2020 - 2021):
In 2021, United States's main exporting competitors in Coffee were:
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