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2022
Exports $158MWorld Rnk 2 / 84
Flag Rnk 647 / 1217
2022
Destination $27.2M Singapore
2021 - 2022
FASTEST GROWING MARKET $27.2MMexico
2022
PRODUCT COMPLEXITY IN Pig and Poultry Fat0.8Rnk 244 / 1025
2022
Imports $77.8MWorld Rnk 5 / 153
Flag Rnk 912 / 1216
2022
Origin $35.1M Canada
2021 - 2022
FASTEST GROWING ORIGIN $35.1MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $158M in Pig and Poultry Fat, making it the 2nd largest exporter of Pig and Poultry Fat in the world. At the same year, Pig and Poultry Fat was the 647th most exported product in United States. The main destination of Pig and Poultry Fat exports from United States are: Singapore ($54M), Mexico ($36.1M), Germany ($27M), United Kingdom ($12.3M), and Canada ($9.91M).

The fastest growing export markets for Pig and Poultry Fat of United States between 2021 and 2022 were Mexico ($27.2M), Germany ($17.3M), and Canada ($1.82M).

Imports In 2022, United States imported $77.8M in Pig and Poultry Fat, becoming the 5th largest importer of Pig and Poultry Fat in the world. At the same year, Pig and Poultry Fat was the 912th most imported product in United States. United States imports Pig and Poultry Fat primarily from: Canada ($69.3M), Mexico ($6.04M), Brazil ($1.51M), France ($878k), and Spain ($21k).

The fastest growing import markets in Pig and Poultry Fat for United States between 2021 and 2022 were Canada ($35.1M), Mexico ($4.31M), and Brazil ($1.51M).

COMPANIES In 2023, leading companies such as Del Monte Foods (27) and Walmart (3) were at the forefront of shipping Pig and Poultry Fat to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Pig and Poultry Fat exports accounted up to $4.51M and imports accounted up to $4.5M, resulting in a positive trade balance of $11.1k. Between June 2023 and June 2024 the exports of United States'   Pig and Poultry Fat have increased by $904k (25.1%) from $3.6M to $4.51M, while imports decreased by $-6.77M (-60.1%) from $11.3M to $4.5M.

Destinations In June 2024, Pig and Poultry Fat were exported mostly to Mexico ($1.82M), Canada ($1.25M), Guatemala ($520k), Peru ($260k), and Indonesia ($212k), and were imported mostly from Canada ($3.26M), Brazil ($1.1M), Mexico ($129k), and France ($0).

Growth In June 2024, the increase in Pig and Poultry Fat's year-by-year exports was explained primarily by an increase in exports to Mexico ($897k or 63.4%), Canada ($322k or 32.8%), and Dominican Republic ($267k or 1.71k%). In June 2024, the decrease in Pig and Poultry Fat's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$904k(25.1%)
IMPORT GROWTH (June 2023 - June 2024)$-6.77M(-60.1%)
MAIN EXPORTER (June 2024)Texas$5.61M
MAIN DESTINATION (June 2024)Mexico$1.82M

This section shows Pig and Poultry Fat'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 Pig and Poultry Fat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$158M
IMPORTS (2022)$77.8M
NET TRADE (2022)$80.3M

In 2022, United States exported $158M in Pig and Poultry Fat. The main destinations of United States exports on Pig and Poultry Fat were Singapore ($54M), Mexico ($36.1M), Germany ($27M), United Kingdom ($12.3M), and Canada ($9.91M).

In 2022, United States imported $77.8M in Pig and Poultry Fat, mainly from Canada ($69.3M), Mexico ($6.04M), Brazil ($1.51M), France ($878k), and Spain ($21k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pig and Poultry Fat EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$27.2M (309%)
Germany$17.3M (178%)
Canada$1.82M (22.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig and Poultry Fat BY United States WERE (2021 - 2022):
Singapore-$232M (-81.1%)
United Kingdom-$41.7M (-77.3%)
Netherlands-$3.45M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Pig and Poultry Fat were:
Germany $182M
France $149M
In 2022, United States's main importing competitors in Pig and Poultry Fat were:
Netherlands $331M
Spain $86.7M
Germany $83.2M

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Trade Value of Pig and Poultry Fat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $1.35M
TOP IMPORT POTENTIALFrance+ $1.1M

Pig and Poultry Fat’s highest export potential is Canada. With an export gap of $1.35M.   Pig and Poultry Fat’s highest import potential is France with an import gap of $1.1M.

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