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2022
Exports $19MWorld Rnk 20 / 61
Flag Rnk 990 / 1217
2022
Destination $1.7M China
2021 - 2022
FASTEST GROWING MARKET $1.7MChile
2022
PRODUCT COMPLEXITY IN Pigs0.34Rnk 426 / 1025
2022
Imports $574MWorld Rnk 2 / 118
Flag Rnk 500 / 1216
2022
Origin $2.55M Canada
2021 - 2022
FASTEST GROWING ORIGIN $2.55MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $19M in Pigs, making it the 20th largest exporter of Pigs in the world. At the same year, Pigs was the 990th most exported product in United States. The main destination of Pigs exports from United States are: China ($3.69M), Mexico ($3.28M), Canada ($2.54M), Chile ($1.7M), and Brazil ($1.48M).

The fastest growing export markets for Pigs of United States between 2021 and 2022 were Chile ($1.7M), Philippines ($900k), and Canada ($827k).

Imports In 2022, United States imported $574M in Pigs, becoming the 2nd largest importer of Pigs in the world. At the same year, Pigs was the 500th most imported product in United States. United States imports Pigs primarily from: Canada ($573M), Netherlands ($155k), and United Kingdom ($2.77k).

The fastest growing import markets in Pigs for United States between 2021 and 2022 were Canada ($2.55M), Netherlands ($155k), and United Kingdom ($2.77k).

COMPANIES In 2023, leading companies such as Volvo (21), Mercedes-Benz (19), and ZF Friedrichshafen (5) were at the forefront of shipping Pigs to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Pigs exports accounted up to $3.38M and imports accounted up to $44.1M, resulting in a negative trade balance of $40.8M. Between September 2023 and September 2024 the exports of United States'   Pigs have increased by $1.98M (141%) from $1.4M to $3.38M, while imports increased by $8.98M (25.5%) from $35.2M to $44.1M.

Destinations In September 2024, Pigs were exported mostly to Mexico ($1.82M), China ($1.21M), Canada ($95.6k), Malaysia ($95.2k), and South Korea ($76.3k), and were imported mostly from Canada ($44.1M).

Growth In September 2024, the increase in Pigs's year-by-year exports was explained primarily by an increase in exports to Mexico ($304k or 248%) and Canada ($143k or 128%). In September 2024, the increase in Pigs's year-by-year imports was explained primarily by an increase in imports from Canada ($5.26M or 13.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$1.98M(141%)
IMPORT GROWTH (September 2023 - September 2024)$8.98M(25.5%)
MAIN EXPORTER (September 2024)Illinois$3.54M
MAIN DESTINATION (September 2024)Mexico$1.82M

This section shows Pigs'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 Pigs over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19M
IMPORTS (2022)$574M
NET TRADE (2022)-$555M

In 2022, United States exported $19M in Pigs. The main destinations of United States exports on Pigs were China ($3.69M), Mexico ($3.28M), Canada ($2.54M), Chile ($1.7M), and Brazil ($1.48M).

In 2022, United States imported $574M in Pigs, mainly from Canada ($573M), Netherlands ($155k), and United Kingdom ($2.77k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pigs EXPORT MARKETS FOR United States WERE (2021 - 2022):
Chile$1.7M (58.7k%)
Philippines$900k (1%)
Canada$827k (48.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pigs BY United States WERE (2021 - 2022):
China-$19.1M (-83.8%)
Russia-$1.61M (-100%)
South Korea-$533k (-79.4%)
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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 Pigs were:
Denmark $932M
Netherlands $598M
Canada $588M
In 2022, United States's main importing competitors in Pigs were:
Germany $769M
Poland $472M

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Trade Value of Pigs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $339k
TOP IMPORT POTENTIALNetherlands+ $792k

Pigs’s highest export potential is Hong Kong. With an export gap of $339k.   Pigs’s highest import potential is Netherlands with an import gap of $792k.

See methodology.

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