Homogenised composite food preparations in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $21.3M in Homogenised composite food preparations, making it the 8th largest exporter of Homogenised composite food preparations in the world. At the same year, Homogenised composite food preparations was the 2680th most exported product in United States. The main destination of Homogenised composite food preparations exports from United States are: Canada ($4.57M), Venezuela ($3.43M), El Salvador ($2.31M), Chile ($1.63M), and Panama ($987k).

The fastest growing export markets for Homogenised composite food preparations of United States between 2021 and 2022 were Venezuela ($3.22M), Chile ($1.6M), and Panama ($681k).

Imports In 2022, United States imported $51M in Homogenised composite food preparations, becoming the 1st largest importer of Homogenised composite food preparations in the world. At the same year, Homogenised composite food preparations was the 2627th most imported product in United States. United States imports Homogenised composite food preparations primarily from: Chile ($23.6M), Canada ($16.7M), Mexico ($3.61M), Poland ($1.54M), and Thailand ($967k).

The fastest growing import markets in Homogenised composite food preparations for United States between 2021 and 2022 were Chile ($3.95M), Mexico ($1.08M), and Poland ($831k).

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 Homogenised composite food preparations to the United States.

Latest Trends

June 2024

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Overview In June 2024 United States' Homogenised composite food preparations exports accounted up to $1.42M and imports accounted up to $5.8M, resulting in a negative trade balance of $4.38M. Between June 2023 and June 2024 the exports of United States' Homogenised composite food preparations have increased by $636k (81.4%) from $782k to $1.42M, while imports increased by $2.17M (60%) from $3.62M to $5.8M.

Destinations In June 2024, Homogenised composite food preparations were exported mostly to Canada ($766k), Panama ($195k), Liberia ($143k), Costa Rica ($78.5k), and Bermuda ($36.1k), and were imported mostly from Chile ($3.53M), Canada ($1.46M), Mexico ($271k), Italy ($260k), and Colombia ($225k).

Growth In June 2024, the increase in Homogenised composite food preparations's year-by-year exports was explained primarily by an increase in exports to Canada ($337k or 68.9%) and Panama ($54.9k or 468%). In June 2024, the increase in Homogenised composite food preparations's year-by-year imports was explained primarily by an increase in imports from Chile ($544k or 37.7%), Mexico ($513k or 300%), and Canada ($366k or 35.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$636k(81.4%)

IMPORT GROWTH (June 2023 - June 2024)$2.17M(60%)

MAIN EXPORTER (June 2024)Illinois$518k

MAIN DESTINATION (June 2024)Canada$766k

This section shows Homogenised composite food preparations'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 Homogenised composite food preparations over time.

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