Products of tobacco, substitute nes, extract, essence in United States

EXPORTS (2018): $31.9M, World Rnk 17 / 93
Flag Rnk 2291 / 4701

TOP DESTINATION (2018): $11.8M, Canada

FASTEST GROWING MARKET (2017 - 2018): $8.15M, Dominican Republic

IMPORTS (2018): $46M, World Rnk 14 / 161
Flag Rnk 2532 / 4606

TOP ORIGIN (2018): $22.1M, Sweden

FASTEST GROWING ORIGIN (2017 - 2018): $22.1M, Sweden

ECONOMIC COMPLEXITY of United States (2018): 1.57, Rnk 9 / 137

PRODUCT COMPLEXITY  IN Products of tobacco, substitute nes, extract, essence (2018): -0.38, Rnk 1848 / 2722

Overview: This page contains the latest trade data of Products of tobacco, substitute nes, extract, essence in United States.

Exports: In 2018, United States exported $31.9M in Products of tobacco, substitute nes, extract, essence, making it the 17th largest exporter of Products of tobacco, substitute nes, extract, essence in the world. At the same year, Products of tobacco, substitute nes, extract, essence was the 2291st most exported product in United States. The main destination of Products of tobacco, substitute nes, extract, essence exports from United States are: Canada ($11.8M), Dominican Republic ($8.15M), Cambodia ($2.03M), Indonesia ($1.9M), and Bahamas ($1.51M).

The fastest growing export markets for Products of tobacco, substitute nes, extract, essence of United States between 2017 and 2018 were Dominican Republic ($8.15M), Indonesia ($1.81M), and Bahamas ($1.37M).

Imports: In 2018, United States imported $46M in Products of tobacco, substitute nes, extract, essence, becoming the 14th largest importer of Products of tobacco, substitute nes, extract, essence in the world. At the same year, Products of tobacco, substitute nes, extract, essence was the 2532nd most imported product in United States. United States imports Products of tobacco, substitute nes, extract, essence primarily from: Sweden ($22.1M), India ($19.5M), United Arab Emirates ($2.07M), Germany ($484k), and Denmark ($328k).

The fastest growing import markets in Products of tobacco, substitute nes, extract, essence for United States between 2017 and 2018 were Sweden ($22.1M), India ($19.5M), and United Arab Emirates ($2.07M).

Tariffs: In 2017, the average tariff for United States in Products of tobacco, substitute nes, extract, essence was 326%. The countries with the highest import tariffs for Products of tobacco, substitute nes, extract, essence were Angola (350%), Burundi (350%), Benin (350%), Burkina Faso (350%), and Botswana (350%).

Overview: In August 2020 United States' Products of tobacco, substitute nes, extract, essence exports accounted up to $2.63M and imports accounted up to $5.66M, resulting in a negative trade balance of $3.03M. Between August 2019 and August 2020 the exports of United States'   Products of tobacco, substitute nes, extract, essence have increased by $1.24M (89.9%) from $1.38M to $2.63M, while imports increased by $1.18M (26.3%) from $4.48M to $5.66M.

Destinations: In August 2020 Products of tobacco, substitute nes, extract, essence exported mostly to Canada ($1.36M), Dominican Republic ($609k), Paraguay ($204k), Malaysia ($132k), and Cambodia ($124k), and imported mostly from Sweden ($3.24M), India ($2.18M), United Arab Emirates ($202k), Jordan ($17.1k), and Dominican Republic ($16.1k).

Growth: In August 2020, the increase in Products of tobacco, substitute nes, extract, essence's year-by-year exports was explained primarily by an increase in exports to Canada ($905k or 198%), Dominican Republic ($472k or 345%), and Paraguay ($121k or 146%). In August 2020, the increase in Products of tobacco, substitute nes, extract, essence's year-by-year imports was explained primarily by an increase in imports from Sweden ($886k or 37.7%), India ($758k or 53.4%), and United Arab Emirates ($123k or 154%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (August 2019 - August 2020): $1.24M, (89.9%)

IMPORT GROWTH (August 2019 - August 2020): $1.18M, (26.3%)

MAIN EXPORTER (August 2020): Tennessee, $1.13M

MAIN DESTINATION (August 2020): Canada, $1.36M

This section shows Products of tobacco, substitute nes, extract, essence'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 Products of tobacco, substitute nes, extract, essence over time.

Value

EXPORTS (2018): $31.9M

IMPORTS (2018): $46M

NET TRADE (2018): -$14.1M

In 2018, United States exported $31.9M in Products of tobacco, substitute nes, extract, essence. The main destinations of United States exports on Products of tobacco, substitute nes, extract, essence were Canada ($11.8M), Dominican Republic ($8.15M), Cambodia ($2.03M), Indonesia ($1.9M), and Bahamas ($1.51M).

In 2018, United States imported $46M in Products of tobacco, substitute nes, extract, essence, mainly from Sweden ($22.1M), India ($19.5M), United Arab Emirates ($2.07M), Germany ($484k), and Denmark ($328k).

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IN 2018, United States HAD A POSITIVE NET TRADE IN Products of tobacco, substitute nes, extract, essence WITH:

  • Canada, $11.8M ($11.8M - $59.8k)
  • Dominican Republic, $7.95M ($8.15M - $201k)
  • Cambodia, $2.03M ($2.03M - $0)

IN 2018, United States HAD A NEGATIVE NET TRADE IN Products of tobacco, substitute nes, extract, essence WITH:

  • Sweden, -$22.1M ($35.2k - $22.1M)
  • India, -$19.4M ($56.7k - $19.5M)
  • United Arab Emirates, -$1.97M ($100k - $2.07M)
Flow

THE FASTEST GROWING Products of tobacco, substitute nes, extract, essence EXPORT MARKETS FOR United States WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Products of tobacco, substitute nes, extract, essence BY United States WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, United States's main exporting competitors in Products of tobacco, substitute nes, extract, essence were:

In 2018, United States's main importing competitors in Products of tobacco, substitute nes, extract, essence were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Products of tobacco, substitute nes, extract, essence in United States. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the average tariff for United States in Products of tobacco, substitute nes, extract, essence was 326%.

The countries with the highest tariffs for Products of tobacco, substitute nes, extract, essence in United States were Angola (350%), Burundi (350%), Benin (350%), Burkina Faso (350%), and Botswana (350%).

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