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2023
Exports $281MWorld Rnk 6 / 146
Flag Rnk 494 / 1217
2023
Destination $9.74M Canada
2022 - 2023
FASTEST GROWING MARKET $9.74MCanada
2023
PRODUCT COMPLEXITY IN Preserved Meat-0.14Rnk 604 / 1025
2023
Imports $388MWorld Rnk 5 / 214
Flag Rnk 590 / 1215
2023
Origin $8.94M Italy
2022 - 2023
FASTEST GROWING ORIGIN $8.94MBrazil
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $281M in Preserved Meat, making it the 6th largest exporter of Preserved Meat in the world. At the same year, Preserved Meat was the 494th most exported product in United States. The main destination of Preserved Meat exports from United States are: Canada ($120M), Mexico ($41.7M), China ($15.7M), Japan ($12.9M), and Bahamas ($10.4M).

The fastest growing export markets for Preserved Meat of United States between 2022 and 2023 were Canada ($9.74M), French Polynesia ($6.95M), and China ($5.84M).

Imports In 2023, United States imported $388M in Preserved Meat, becoming the 5th largest importer of Preserved Meat in the world. At the same year, Preserved Meat was the 590th most imported product in United States. United States imports Preserved Meat primarily from: Italy ($190M), Canada ($123M), Spain ($38.1M), Brazil ($9.77M), and Romania ($8.25M).

The fastest growing import markets in Preserved Meat for United States between 2022 and 2023 were Brazil ($8.94M), Romania ($7.6M), and Italy ($3.35M).

COMPANIES In 2023, leading companies such as Steve Madden (129), PVH (Phillips-Van Heusen Corporation) (28), and Kontoor Brands (13) were at the forefront of shipping Preserved Meat to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Preserved Meat exports accounted up to $43M and imports accounted up to $34M, resulting in a positive trade balance of $8.93M. Between November 2023 and November 2024 the exports of United States'   Preserved Meat have increased by $1.39M (3.35%) from $41.6M to $43M, while imports increased by $4.41M (14.9%) from $29.6M to $34M.

Destinations In November 2024, Preserved Meat were exported mostly to Canada ($28M), Mexico ($5.79M), Panama ($1.27M), Japan ($780k), and Guatemala ($653k), and were imported mostly from Italy ($18M), Canada ($11M), Spain ($3.91M), Mexico ($586k), and Germany ($331k).

Growth In November 2024, the increase in Preserved Meat's year-by-year exports was explained primarily by an increase in exports to Canada ($792k or 24.8%), Philippines ($150k or 783%), and China ($69.2k or 225%). In November 2024, the increase in Preserved Meat's year-by-year imports was explained primarily by an increase in imports from Canada ($1.49M or 15.7%), Spain ($992k or 179%), and Germany ($364k or 98.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$1.39M(3.35%)
IMPORT GROWTH (November 2023 - November 2024)$4.41M(14.9%)
MAIN EXPORTER (November 2024)Ohio$11.7M
MAIN DESTINATION (November 2024)Canada$28M

This section shows Preserved Meat'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 Preserved Meat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$281M
IMPORTS (2023)$388M
NET TRADE (2023)-$107M

In 2023, United States exported $281M in Preserved Meat. The main destinations of United States exports on Preserved Meat were Canada ($120M), Mexico ($41.7M), China ($15.7M), Japan ($12.9M), and Bahamas ($10.4M).

In 2023, United States imported $388M in Preserved Meat, mainly from Italy ($190M), Canada ($123M), Spain ($38.1M), Brazil ($9.77M), and Romania ($8.25M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Preserved Meat EXPORT MARKETS FOR United States WERE (2022 - 2023):
Canada$9.74M (8.83%)
French Polynesia$6.95M (960%)
China$5.84M (59.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preserved Meat BY United States WERE (2022 - 2023):
Mexico-$31.6M (-43.2%)
South Korea-$5.78M (-42.7%)
Kuwait-$3.94M (-96.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Preserved Meat were:
Italy $1.1B
Netherlands $805M
Spain $751M
In 2023, United States's main importing competitors in Preserved Meat were:
United Kingdom $990M
France $572M
Netherlands $560M

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Trade Value of Preserved Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.03M
TOP IMPORT POTENTIALSpain+ $5.73M

Preserved Meat’s highest export potential is China. With an export gap of $3.03M.   Preserved Meat’s highest import potential is Spain with an import gap of $5.73M.

See methodology.

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