Legumes in United States 2021 Exports | Imports : $72.6M | $294M, World Rnk 9 / 166 Rnk 784 / 1216 | World Rnk 1 / 203 Rnk 640 / 1215
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $2.4M | $20.1M, Colombia | Guatemala
2021 ECONOMIC COMPLEXITY of United States: 1.46, Rnk 10 / 131
2021 PRODUCT COMPLEXITY IN Legumes: -2.05, Rnk 1007 / 1029
Exports In 2021, United States exported $72.6M in Legumes, making it the 9th largest exporter of Legumes in the world. At the same year, Legumes was the 784th most exported product in United States. The main destination of Legumes exports from United States are: Canada ($44.9M), Mexico ($7.48M), Colombia ($3.57M), Venezuela ($2.04M), and Peru ($1.82M).
The fastest growing export markets for Legumes of United States between 2020 and 2021 were Colombia ($2.4M), Ethiopia ($1.76M), and Peru ($1.18M).
Imports In 2021, United States imported $294M in Legumes, becoming the 1st largest importer of Legumes in the world. At the same year, Legumes was the 640th most imported product in United States. United States imports Legumes primarily from: Guatemala ($143M), Mexico ($123M), Peru ($13.6M), Ukraine ($5.55M), and Canada ($3.05M).
The fastest growing import markets in Legumes for United States between 2020 and 2021 were Guatemala ($20.1M), Mexico ($7.24M), and Ukraine ($5.55M).
Tariffs In 2017, the average tariff for United States in Legumes was 0.79%. The countries with the highest import tariffs for Legumes were Cote d'Ivoire (Most Favoured Nation duty rate treatment, 1.38%), Algeria (Most Favoured Nation duty rate treatment, 1.38%), Egypt (Most Favoured Nation duty rate treatment, 1.38%), Eritrea (Most Favoured Nation duty rate treatment, 1.38%), and Western Sahara (Most Favoured Nation duty rate treatment, 1.38%).
January 2023
Overview In January 2023 United States' Legumes exports accounted up to $10.5M and imports accounted up to $36.3M, resulting in a negative trade balance of $25.8M. Between January 2022 and January 2023 the exports of United States' Legumes have decreased by $-469k (-4.28%) from $11M to $10.5M, while imports increased by $5.29M (17%) from $31M to $36.3M.
Destinations In January 2023, Legumes were exported mostly to Canada ($9.79M), Mexico ($320k), Colombia ($94.1k), Venezuela ($76.3k), and South Korea ($44.5k), and were imported mostly from Mexico ($21.6M), Guatemala ($14.1M), Peru ($297k), Canada ($121k), and Honduras ($87.5k).
Growth In January 2023, the decrease in Legumes's year-by-year exports was explained primarily by a decrease in exports to Canada ($-525k or -5%), Mexico ($-270k or -56.4%), and Japan ($-65.6k or -76.5%). In January 2023, the increase in Legumes's year-by-year imports was explained primarily by an increase in imports from Guatemala ($1.31M or 10.7%), Spain ($7.73k or 352%), and Ecuador ($1.97k or 12.6%).
EXPORT GROWTH (January 2022 - January 2023): $-469k, (-4.28%)
IMPORT GROWTH (January 2022 - January 2023): $5.29M, (17%)
MAIN EXPORTER (January 2023): Florida, $3.84M
MAIN DESTINATION (January 2023): Canada, $9.79M
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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EXPORTS (2021): $72.6M
IMPORTS (2021): $294M
NET TRADE (2021): -$221M
In 2021, United States exported $72.6M in Legumes. The main destinations of United States exports on Legumes were Canada ($44.9M), Mexico ($7.48M), Colombia ($3.57M), Venezuela ($2.04M), and Peru ($1.82M).
In 2021, United States imported $294M in Legumes, mainly from Guatemala ($143M), Mexico ($123M), Peru ($13.6M), Ukraine ($5.55M), and Canada ($3.05M).
THE FASTEST GROWING Legumes EXPORT MARKETS FOR United States WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Legumes BY United States WERE (2020 - 2021):
In 2021, United States's main exporting competitors in Legumes were:
In 2021, United States's main importing competitors in Legumes were:
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