Homogenized or reconstituted tobacco in United States

2019
Exports | Imports
: $64.8M | $39.5M, World Rnk 3 / 72
Flag Rnk 1765 / 4634 | World Rnk 2 / 117
Flag Rnk 2643 / 4597

2019
Destination | Origin
: $20.1M | $26.8M, Dominican Republic | Dominican Republic

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $6.65M | $1.83M, South Korea |  France

2019
ECONOMIC COMPLEXITY of United States
: 1.64, Rnk 9 / 157

2019
PRODUCT COMPLEXITY  IN Homogenized or reconstituted tobacco
: -0.8, Rnk 2135 / 2764

Exports: In 2019, United States exported $64.8M in Homogenized or reconstituted tobacco, making it the 3rd largest exporter of Homogenized or reconstituted tobacco in the world. At the same year, Homogenized or reconstituted tobacco was the 1765th most exported product in United States. The main destination of Homogenized or reconstituted tobacco exports from United States are: Dominican Republic ($20.1M), South Korea ($10.5M), Germany ($7.79M), Japan ($6.49M), and Hungary ($2.51M).

The fastest growing export markets for Homogenized or reconstituted tobacco of United States between 2018 and 2019 were South Korea ($6.65M), Germany ($6.3M), and Japan ($6.16M).

Imports: In 2019, United States imported $39.5M in Homogenized or reconstituted tobacco, becoming the 2nd largest importer of Homogenized or reconstituted tobacco in the world. At the same year, Homogenized or reconstituted tobacco was the 2643rd most imported product in United States. United States imports Homogenized or reconstituted tobacco primarily from: Dominican Republic ($26.8M), Mexico ($5.36M), France ($3.6M), Indonesia ($1.65M), and Brazil ($1.57M).

The fastest growing import markets in Homogenized or reconstituted tobacco for United States between 2018 and 2019 were France ($1.83M), Dominican Republic ($1.65M), and Mexico ($1.45M).

Tariffs: In 2017, the average tariff for United States in Homogenized or reconstituted tobacco was 326%. The countries with the highest import tariffs for Homogenized or reconstituted tobacco were Angola (350%), Burundi (350%), Benin (350%), Burkina Faso (350%), and Botswana (350%).

Overview: In January 2021 United States' Homogenized or reconstituted tobacco exports accounted up to $4.34M and imports accounted up to $1.98M, resulting in a positive trade balance of $2.36M. Between January 2020 and January 2021 the exports of United States'   Homogenized or reconstituted tobacco have decreased by $-2.14M (-33%) from $6.47M to $4.34M, while imports increased by $249k (14.4%) from $1.73M to $1.98M.

Destinations: In January 2021 Homogenized or reconstituted tobacco exported mostly to Dominican Republic ($1.95M), Japan ($464k), Hungary ($375k), Pakistan ($359k), and Mexico ($218k), and imported mostly from Indonesia ($1.12M), Dominican Republic ($574k), and Mexico ($278k).

Growth: In January 2021, the decrease in Homogenized or reconstituted tobacco's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-2.05M or -99.3%), Japan ($-258k or -35.7%), and Russia ($-75.7k or -34.4%). In January 2021, the increase in Homogenized or reconstituted tobacco's year-by-year imports was explained primarily by an increase in imports from Indonesia ($804k or 250%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (January 2020 - January 2021): $-2.14M, (-33%)

IMPORT GROWTH (January 2020 - January 2021): $249k, (14.4%)

MAIN EXPORTER (January 2021): New York, $2.69M

MAIN DESTINATION (January 2021): Dominican Republic, $1.95M

This section shows Homogenized or reconstituted tobacco'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 Homogenized or reconstituted tobacco over time.

Value

EXPORTS (2019): $64.8M

IMPORTS (2019): $39.5M

NET TRADE (2019): $25.3M

In 2019, United States exported $64.8M in Homogenized or reconstituted tobacco. The main destinations of United States exports on Homogenized or reconstituted tobacco were Dominican Republic ($20.1M), South Korea ($10.5M), Germany ($7.79M), Japan ($6.49M), and Hungary ($2.51M).

In 2019, United States imported $39.5M in Homogenized or reconstituted tobacco, mainly from Dominican Republic ($26.8M), Mexico ($5.36M), France ($3.6M), Indonesia ($1.65M), and Brazil ($1.57M).

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IN 2019, United States HAD A POSITIVE NET TRADE IN Homogenized or reconstituted tobacco WITH:

IN 2019, United States HAD A NEGATIVE NET TRADE IN Homogenized or reconstituted tobacco WITH:

Flow

THE FASTEST GROWING Homogenized or reconstituted tobacco EXPORT MARKETS FOR United States WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Homogenized or reconstituted tobacco BY United States WERE (2018 - 2019):

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Market Concentration

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Type

In 2018, United States's main exporting competitors in Homogenized or reconstituted tobacco were:

In 2018, United States's main importing competitors in Homogenized or reconstituted tobacco were:

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Tariffs by Country

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In 2017, the average tariff for United States in Homogenized or reconstituted tobacco was 326%.

The countries with the highest tariffs for Homogenized or reconstituted tobacco in United States were Angola (350%), Burundi (350%), Benin (350%), Burkina Faso (350%), and Botswana (350%).

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