Forage Crops in United States 2020 Exports | Imports : $1.54B | $108M, World Rnk 1 / 104 Rnk 162 / 1217 | World Rnk 6 / 168 Rnk 802 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $105M | $11.7M, China | Canada
2020 ECONOMIC COMPLEXITY of United States: 1.56, Rnk 9 / 127
2020 PRODUCT COMPLEXITY IN Forage Crops: -0.9, Rnk 805 / 1029
The fastest growing export markets for Forage Crops of United States between 2019 and 2020 were China ($105M), Qatar ($8.84M), and Oman ($4.86M).
Imports In 2020, United States imported $108M in Forage Crops, becoming the 6th largest importer of Forage Crops in the world. At the same year, Forage Crops was the 802nd most imported product in United States. United States imports Forage Crops primarily from: Canada ($88M), Mexico ($15.6M), France ($2.51M), China ($673k), and South Africa ($365k).
The fastest growing import markets in Forage Crops for United States between 2019 and 2020 were Canada ($11.7M), Mexico ($2.92M), and France ($436k).
Tariffs In 2018, the average tariff for United States in Forage Crops was 0.45%. The countries with the highest import tariffs for Forage Crops were Algeria (Most Favoured Nation duty rate treatement, 0.7%), Egypt (Most Favoured Nation duty rate treatement, 0.7%), Eritrea (Most Favoured Nation duty rate treatement, 0.7%), Western Sahara (Most Favoured Nation duty rate treatement, 0.7%), and Equatorial Guinea (Most Favoured Nation duty rate treatement, 0.7%).
December 2022
Overview In December 2022 United States' Forage Crops exports accounted up to $163M and imports accounted up to $14.5M, resulting in a positive trade balance of $149M. Between December 2021 and December 2022 the exports of United States' Forage Crops have increased by $10.6M (6.94%) from $153M to $163M, while imports increased by $3.1M (27.1%) from $11.4M to $14.5M.
Destinations In December 2022, Forage Crops were exported mostly to N/A, and were imported mostly from Canada ($12.9M), Mexico ($1.6M), China ($12.1k), Egypt ($0), and Mayotte ($0).
Growth In December 2022, the increase in Forage Crops's year-by-year exports was explained primarily by an increase in exports to China ($19.8M or 75.8%), South Korea ($4.56M or 24.6%), and Japan ($2.05M or 4.21%). In December 2022, the increase in Forage Crops's year-by-year imports was explained primarily by an increase in imports from Canada ($975k or 10.4%), Mexico ($691k or 174%), and China ($63.6k or 238%).
EXPORT GROWTH (December 2021 - December 2022): $10.6M, (6.94%)
IMPORT GROWTH (December 2021 - December 2022): $3.1M, (27.1%)
This section shows Forage Crops'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 Forage Crops over time.
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EXPORTS (2020): $1.54B
IMPORTS (2020): $108M
NET TRADE (2020): $1.44B
In 2020, United States imported $108M in Forage Crops, mainly from Canada ($88M), Mexico ($15.6M), France ($2.51M), China ($673k), and South Africa ($365k).
THE FASTEST GROWING Forage Crops EXPORT MARKETS FOR United States WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forage Crops BY United States WERE (2019 - 2020):
In 2020, United States's main exporting competitors in Forage Crops were:
In 2020, United States's main importing competitors in Forage Crops were:
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