Overview: In January 2021 United States' Forage Crops exports accounted up to $112M and imports accounted up to $9.84M, resulting in a positive trade balance of $102M. Between January 2020 and January 2021 the exports of United States' Forage Crops have increased by $2.3M (2.1%) from $109M to $112M, while imports increased by $1.15M (13.2%) from $8.7M to $9.84M.
Destinations: In January 2021 Forage Crops exported mostly to Japan ($49.2M), China ($24.5M), South Korea ($18.9M), Saudi Arabia ($5.99M), and Taiwan ($5.44M), and imported mostly from Canada ($9.38M), Mexico ($396k), China ($29.8k), Netherlands ($20.9k), and Poland ($5.8k).
Growth: In January 2021, the increase in Forage Crops's year-by-year exports was explained primarily by an increase in exports to China ($4.45M or 22.2%), Japan ($3.33M or 7.25%), and Qatar ($287k or 41.8%). In January 2021, the increase in Forage Crops's year-by-year imports was explained primarily by an increase in imports from Canada ($1.3M or 16.1%) and China ($2.77k or 10.2%).