Legumes in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $74.7M in Legumes, making it the 8th largest exporter of Legumes in the world. At the same year, Legumes was the 795th most exported product in United States. The main destination of Legumes exports from United States are: Canada ($50.7M), Mexico ($8.78M), Dominican Republic ($3.61M), Colombia ($2.61M), and Venezuela ($1.26M).

The fastest growing export markets for Legumes of United States between 2021 and 2022 were Canada ($4.05M), Dominican Republic ($2.63M), and Mexico ($1.24M).

Imports In 2022, United States imported $297M in Legumes, becoming the 1st largest importer of Legumes in the world. At the same year, Legumes was the 681st most imported product in United States. United States imports Legumes primarily from: Guatemala ($146M), Mexico ($129M), Peru ($14.3M), Canada ($4.27M), and Nicaragua ($1.19M).

The fastest growing import markets in Legumes for United States between 2021 and 2022 were Mexico ($6.56M), Guatemala ($2.34M), and Canada ($1.21M).

COMPANIES In 2023, leading companies such as PRIME LINE DISTRIBUTORS INC (23), GOYA FOODS INC (5), and WALMART INC (2) were at the forefront of shipping Legumes to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Legumes exports accounted up to $10.9M and imports accounted up to $40M, resulting in a negative trade balance of $29.1M. Between February 2023 and February 2024 the exports of United States' Legumes have increased by $464k (4.45%) from $10.4M to $10.9M, while imports increased by $9.35M (30.5%) from $30.7M to $40M.

Destinations In February 2024, Legumes were exported mostly to Canada ($9.16M), Mexico ($743k), Colombia ($299k), Dominican Republic ($136k), and Venezuela ($89.4k), and were imported mostly from Mexico ($25.8M), Guatemala ($13.7M), Honduras ($239k), Canada ($106k), and Argentina ($65.2k).

Growth In February 2024, the increase in Legumes's year-by-year exports was explained primarily by an increase in exports to Mexico ($112k or 53.9%), Cayman Islands ($33.2k or 964%), and Saint Lucia ($8.31k or 127%). In February 2024, the increase in Legumes's year-by-year imports was explained primarily by an increase in imports from Mexico ($4.31M or 25%), Guatemala ($600k or 4.45%), and Honduras ($79.5k or 988%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$464k(4.45%)

IMPORT GROWTH (February 2023 - February 2024)$9.35M(30.5%)

MAIN EXPORTER (February 2024)Florida$4.44M

MAIN DESTINATION (February 2024)Canada$9.16M

This section shows Legumes'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 Legumes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$74.7M

IMPORTS (2022)$297M

NET TRADE (2022)-$222M

In 2022, United States exported $74.7M in Legumes. The main destinations of United States exports on Legumes were Canada ($50.7M), Mexico ($8.78M), Dominican Republic ($3.61M), Colombia ($2.61M), and Venezuela ($1.26M).

In 2022, United States imported $297M in Legumes, mainly from Guatemala ($146M), Mexico ($129M), Peru ($14.3M), Canada ($4.27M), and Nicaragua ($1.19M).

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