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Pricing

2022
Exports $36.2MWorld Rnk 2 / 102
Flag Rnk 907 / 1217
2022
Destination $1.03M Indonesia
2021 - 2022
FASTEST GROWING MARKET $1.03MVietnam
2022
Imports $30.1MWorld Rnk 5 / 135
Flag Rnk 1033 / 1216
2022
Origin $3.34M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $3.34MBrazil
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $36.2M in Processed Bones, making it the 2nd largest exporter of Processed Bones in the world. At the same year, Processed Bones was the 907th most exported product in United States. The main destination of Processed Bones exports from United States are: Indonesia ($16.7M), Vietnam ($9.06M), Japan ($7.74M), France ($941k), and Ecuador ($393k).

The fastest growing export markets for Processed Bones of United States between 2021 and 2022 were Vietnam ($1.03M), Japan ($784k), and Ecuador ($393k).

Imports In 2022, United States imported $30.1M in Processed Bones, becoming the 5th largest importer of Processed Bones in the world. At the same year, Processed Bones was the 1033rd most imported product in United States. United States imports Processed Bones primarily from: Brazil ($5.63M), Colombia ($3.33M), Germany ($3.22M), Canada ($2.89M), and Netherlands ($2.66M).

The fastest growing import markets in Processed Bones for United States between 2021 and 2022 were Brazil ($3.34M), Netherlands ($2.08M), and Australia ($999k).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (43), CrimsonLogic (29), and John Deere (19) were at the forefront of shipping Processed Bones to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Processed Bones exports accounted up to $3.81M and imports accounted up to $2.08M, resulting in a positive trade balance of $1.72M. Between June 2023 and June 2024 the exports of United States'   Processed Bones have decreased by $-1.05M (-21.6%) from $4.86M to $3.81M, while imports increased by $641k (44.4%) from $1.44M to $2.08M.

Destinations In June 2024, Processed Bones were exported mostly to Indonesia ($1.19M), Japan ($859k), Canada ($593k), Ecuador ($576k), and Vietnam ($296k), and were imported mostly from Australia ($915k), Netherlands ($368k), Canada ($147k), Brazil ($129k), and New Zealand ($114k).

Growth In June 2024, the decrease in Processed Bones's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-698k or -92.3%), France ($-125k or -89.3%), and Japan ($-67.8k or -14.2%). In June 2024, the increase in Processed Bones's year-by-year imports was explained primarily by an increase in imports from Netherlands ($376k or 1.13k%), India ($355k or 591%), and Australia ($297k or 85.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-1.05M(-21.6%)
IMPORT GROWTH (June 2023 - June 2024)$641k(44.4%)
MAIN EXPORTER (June 2024)Kansas$3.09M
MAIN DESTINATION (June 2024)Indonesia$1.19M

This section shows Processed Bones'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 Processed Bones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$36.2M
IMPORTS (2022)$30.1M
NET TRADE (2022)$6.15M

In 2022, United States exported $36.2M in Processed Bones. The main destinations of United States exports on Processed Bones were Indonesia ($16.7M), Vietnam ($9.06M), Japan ($7.74M), France ($941k), and Ecuador ($393k).

In 2022, United States imported $30.1M in Processed Bones, mainly from Brazil ($5.63M), Colombia ($3.33M), Germany ($3.22M), Canada ($2.89M), and Netherlands ($2.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Bones EXPORT MARKETS FOR United States WERE (2021 - 2022):
Vietnam$1.03M (12.8%)
Japan$784k (11.3%)
Ecuador$393k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Bones BY United States WERE (2021 - 2022):
Indonesia-$1.77M (-9.57%)
France-$580k (-38.1%)
New Zealand-$372k (-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 Processed Bones were:
Germany $56.7M
Poland $28.9M
In 2022, United States's main importing competitors in Processed Bones were:
Japan $47.9M
France $43.7M
Germany $31.6M

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Trade Value of Processed Bones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $423k
TOP IMPORT POTENTIALCanada+ $1.23M

Processed Bones’s highest export potential is France. With an export gap of $423k.   Processed Bones’s highest import potential is Canada with an import gap of $1.23M.

See methodology.

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