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2022
Exports $299MWorld Rnk 6 / 134
Flag Rnk 503 / 1217
2022
Destination $8.63M Canada
2021 - 2022
FASTEST GROWING MARKET $8.63MChina
2022
PRODUCT COMPLEXITY IN Preserved Meat-0.2Rnk 617 / 1025
2022
Imports $389MWorld Rnk 5 / 212
Flag Rnk 609 / 1216
2022
Origin $13.6M Italy
2021 - 2022
FASTEST GROWING ORIGIN $13.6MItaly
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $299M in Preserved Meat, making it the 6th largest exporter of Preserved Meat in the world. At the same year, Preserved Meat was the 503rd most exported product in United States. The main destination of Preserved Meat exports from United States are: Canada ($110M), Mexico ($67.2M), Japan ($13.1M), South Korea ($12.1M), and China ($9.87M).

The fastest growing export markets for Preserved Meat of United States between 2021 and 2022 were China ($8.63M), Dominican Republic ($4.03M), and Kuwait ($3.94M).

Imports In 2022, United States imported $389M in Preserved Meat, becoming the 5th largest importer of Preserved Meat in the world. At the same year, Preserved Meat was the 609th most imported product in United States. United States imports Preserved Meat primarily from: Italy ($184M), Canada ($142M), Spain ($38.9M), Romania ($6.06M), and New Zealand ($4.12M).

The fastest growing import markets in Preserved Meat for United States between 2021 and 2022 were Italy ($13.6M), Brazil ($763k), and Poland ($607k).

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

July 2024

About

Overview In July 2024 United States' Preserved Meat exports accounted up to $17.8M and imports accounted up to $32.7M, resulting in a negative trade balance of $15M. Between July 2023 and July 2024 the exports of United States'   Preserved Meat have increased by $1.09M (6.51%) from $16.7M to $17.8M, while imports increased by $1.74M (5.6%) from $31M to $32.7M.

Destinations In July 2024, Preserved Meat were exported mostly to Mexico ($5.35M), Canada ($4.45M), French Polynesia ($1.18M), Japan ($1.11M), and Panama ($726k), and were imported mostly from Italy ($17.6M), Canada ($8.5M), Spain ($5.1M), Germany ($727k), and Mexico ($557k).

Growth In July 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 July 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 (July 2023 - July 2024)$1.09M(6.51%)
IMPORT GROWTH (July 2023 - July 2024)$1.74M(5.6%)
MAIN EXPORTER (July 2024)Ohio$11.7M
MAIN DESTINATION (July 2024)Mexico$5.35M

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 (2022)$299M
IMPORTS (2022)$389M
NET TRADE (2022)-$90.6M

In 2022, United States exported $299M in Preserved Meat. The main destinations of United States exports on Preserved Meat were Canada ($110M), Mexico ($67.2M), Japan ($13.1M), South Korea ($12.1M), and China ($9.87M).

In 2022, United States imported $389M in Preserved Meat, mainly from Italy ($184M), Canada ($142M), Spain ($38.9M), Romania ($6.06M), and New Zealand ($4.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preserved Meat EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$8.63M (699%)
Dominican Republic$4.03M (117%)
Kuwait$3.94M (3.18k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preserved Meat BY United States WERE (2021 - 2022):
Japan-$10.7M (-44.9%)
Canada-$5.73M (-4.93%)
South Korea-$4.16M (-25.6%)
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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 Preserved Meat were:
Italy $1.13B
Netherlands $905M
Spain $730M
In 2022, United States's main importing competitors in Preserved Meat were:
United Kingdom $858M
Germany $638M
France $584M

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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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