Oats in United States | The Observatory of Economic Complexity

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Exports In 2023, United States exported $7.72M in Oats, making it the 17th largest exporter of Oats in the world. At the same year, Oats was the 1077th most exported product in United States. The main destination of Oats exports from United States are: Canada ($2.98M), Japan ($1.58M), Mexico ($913k), South Korea ($481k), and China ($408k).

The fastest growing export markets for Oats of United States between 2022 and 2023 were Mexico ($445k), South Korea ($290k), and Trinidad and Tobago ($208k).

Imports In 2023, United States imported $446M in Oats, becoming the 1st largest importer of Oats in the world. At the same year, Oats was the 551st most imported product in United States. United States imports Oats primarily from: Canada ($439M), Sweden ($6.14M), Jamaica ($94.1k), South Korea ($83.2k), and Ecuador ($64.5k).

The fastest growing import markets in Oats for United States between 2022 and 2023 were Canada ($5.73M), Jamaica ($71.4k), and Ecuador ($56.7k).

COMPANIES In 2023, leading companies such as ALDI Grocery Stores (13), Cotton On (9), and Xerox (4) were at the forefront of shipping Oats to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Oats exports accounted up to $440k and imports accounted up to $21M, resulting in a negative trade balance of $20.5M. Between November 2023 and November 2024 the exports of United States' Oats have decreased by $-431k (-49.5%) from $872k to $440k, while imports decreased by $-1.13M (-5.1%) from $22.1M to $21M.

Destinations In November 2024, Oats were exported mostly to Canada ($172k), Mexico ($141k), Bahamas ($87.2k), Trinidad and Tobago ($22.6k), and Antigua and Barbuda ($5.39k), and were imported mostly from Canada ($21M), Honduras ($2.56k), United Kingdom ($2.28k), China ($2.01k), and India ($0).

Growth In November 2024, the decrease in Oats's year-by-year exports was explained primarily by a decrease in exports to Japan ($-1.71k or -8.46%). In November 2024, the decrease in Oats'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 (November 2023 - November 2024)$-431k(-49.5%)

IMPORT GROWTH (November 2023 - November 2024)$-1.13M(-5.1%)

MAIN EXPORTER (November 2024)Minnesota$1.97M

MAIN DESTINATION (November 2024)Canada$172k

This section shows Oats'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 Oats over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$7.72M

IMPORTS (2023)$446M

NET TRADE (2023)-$438M

In 2023, United States exported $7.72M in Oats. The main destinations of United States exports on Oats were Canada ($2.98M), Japan ($1.58M), Mexico ($913k), South Korea ($481k), and China ($408k).

In 2023, United States imported $446M in Oats, mainly from Canada ($439M), Sweden ($6.14M), Jamaica ($94.1k), South Korea ($83.2k), and Ecuador ($64.5k).

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