Hops in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $298M in Hops, making it the 1st largest exporter of Hops in the world. At the same year, Hops was the 504th most exported product in United States. The main destination of Hops exports from United States are: Germany ($44.3M), United Kingdom ($44.2M), Belgium ($41.3M), Canada ($40.4M), and Australia ($22M).

The fastest growing export markets for Hops of United States between 2021 and 2022 were United Kingdom ($15.2M), Germany ($10.7M), and China ($6.25M).

Imports In 2022, United States imported $67.1M in Hops, becoming the 3rd largest importer of Hops in the world. At the same year, Hops was the 928th most imported product in United States. United States imports Hops primarily from: Germany ($26M), New Zealand ($23.3M), Australia ($12.7M), Czechia ($1.6M), and United Kingdom ($1.38M).

The fastest growing import markets in Hops for United States between 2021 and 2022 were New Zealand ($7.49M), United Kingdom ($943k), and Czechia ($503k).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (2.44k), WAL-MART INC. (201), and AT HOME PROCUREMENT INC (26) were at the forefront of shipping Hops to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Hops exports accounted up to $23.9M and imports accounted up to $2.24M, resulting in a positive trade balance of $21.6M. Between January 2023 and January 2024 the exports of United States' Hops have decreased by $-11.9M (-33.3%) from $35.8M to $23.9M, while imports decreased by $-3.23M (-59.1%) from $5.47M to $2.24M.

Destinations In January 2024, Hops were exported mostly to Belgium ($7.02M), Canada ($5.44M), Germany ($4.38M), United Kingdom ($1.85M), and Australia ($986k), and were imported mostly from Germany ($1.58M), New Zealand ($272k), United Kingdom ($155k), Czechia ($126k), and Australia ($64.4k).

Growth In January 2024, the decrease in Hops's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-3.33M or -69.5%), Hong Kong ($-1.28M or -79.9%), and Netherlands ($-1.1M or -70.2%). In January 2024, the decrease in Hops's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-11.9M(-33.3%)

IMPORT GROWTH (January 2023 - January 2024)$-3.23M(-59.1%)

MAIN EXPORTER (January 2024)Washington$22.1M

MAIN DESTINATION (January 2024)Belgium$7.02M

This section shows Hops'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 Hops over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$298M

IMPORTS (2022)$67.1M

NET TRADE (2022)$231M

In 2022, United States exported $298M in Hops. The main destinations of United States exports on Hops were Germany ($44.3M), United Kingdom ($44.2M), Belgium ($41.3M), Canada ($40.4M), and Australia ($22M).

In 2022, United States imported $67.1M in Hops, mainly from Germany ($26M), New Zealand ($23.3M), Australia ($12.7M), Czechia ($1.6M), and United Kingdom ($1.38M).

Explore Visualizations