Food preparations nes in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $6.71B in Food preparations nes, making it the 2nd largest exporter of Food preparations nes in the world. At the same year, Food preparations nes was the 39th most exported product in United States. The main destination of Food preparations nes exports from United States are: Canada ($1.44B), South Korea ($753M), Mexico ($588M), China ($384M), and Chinese Taipei ($240M).

Imports In 2022, United States imported $8.05B in Food preparations nes, becoming the 1st largest importer of Food preparations nes in the world. At the same year, Food preparations nes was the 53rd most imported product in United States. United States imports Food preparations nes primarily from: Singapore ($4.06B), Canada ($1.03B), China ($457M), Thailand ($224M), and Mexico ($195M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Food preparations nes to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Food preparations nes exports accounted up to $527M and imports accounted up to $552M, resulting in a negative trade balance of $25.6M. Between June 2023 and June 2024 the exports of United States' Food preparations nes have increased by $58.8M (12.6%) from $468M to $527M, while imports decreased by $-27.1M (-4.69%) from $579M to $552M.

Destinations In June 2024, Food preparations nes were exported mostly to Canada ($141M), Mexico ($50.2M), South Korea ($42M), China ($33.7M), and Netherlands ($20.8M), and were imported mostly from Singapore ($194M), Canada ($98.2M), China ($47.4M), Mexico ($21.8M), and Thailand ($15.7M).

Growth In June 2024, the increase in Food preparations nes's year-by-year exports was explained primarily by an increase in exports to Canada ($20.4M or 20.9%), China ($7.16M or 33.2%), and Chinese Taipei ($6.98M or 51.2%). In June 2024, the decrease in Food preparations nes's year-by-year imports was explained primarily by a decrease in imports from Singapore ($-37.1M or -7.79%), China ($-19.3M or -47.6%), and Japan ($-4.15M or -49.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$58.8M(12.6%)

IMPORT GROWTH (June 2023 - June 2024)$-27.1M(-4.69%)

MAIN EXPORTER (June 2024)California$125M

MAIN DESTINATION (June 2024)Canada$141M

This section shows Food preparations nes'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 Food preparations nes over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download