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2022
Exports $90.4MWorld Rnk 13 / 197
Flag Rnk 760 / 1217
2022
Destination $1.95M Canada
2021 - 2022
FASTEST GROWING MARKET $1.95MMexico
2022
PRODUCT COMPLEXITY IN Tea-1.99Rnk 1002 / 1025
2022
Imports $522MWorld Rnk 2 / 223
Flag Rnk 529 / 1216
2022
Origin $7.39M Japan
2021 - 2022
FASTEST GROWING ORIGIN $7.39MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $90.4M in Tea, making it the 13th largest exporter of Tea in the world. At the same year, Tea was the 760th most exported product in United States. The main destination of Tea exports from United States are: Canada ($41.5M), Mexico ($5.28M), Germany ($4.53M), Japan ($4.01M), and Netherlands ($2.95M).

The fastest growing export markets for Tea of United States between 2021 and 2022 were Mexico ($1.95M), China ($864k), and Germany ($700k).

Imports In 2022, United States imported $522M in Tea, becoming the 2nd largest importer of Tea in the world. At the same year, Tea was the 529th most imported product in United States. United States imports Tea primarily from: Japan ($81.7M), China ($71.1M), India ($62M), Argentina ($55M), and Sri Lanka ($45.1M).

The fastest growing import markets in Tea for United States between 2021 and 2022 were China ($7.39M), Poland ($4.74M), and Sri Lanka ($4.49M).

COMPANIES In 2023, leading companies such as Walong Marketing (112), IKEA Group (65), and CrimsonLogic (59) were at the forefront of shipping Tea to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Tea exports accounted up to $6.84M and imports accounted up to $42.5M, resulting in a negative trade balance of $35.7M. Between August 2023 and August 2024 the exports of United States'   Tea have decreased by $-1.7M (-19.9%) from $8.54M to $6.84M, while imports decreased by $-4.87M (-10.3%) from $47.4M to $42.5M.

Destinations In August 2024, Tea were exported mostly to Canada ($3.43M), Mexico ($850k), Netherlands ($250k), Chile ($241k), and Japan ($207k), and were imported mostly from Japan ($6.61M), Argentina ($4.46M), India ($4.13M), Sri Lanka ($3.57M), and United Arab Emirates ($3.2M).

Growth In August 2024, the decrease in Tea's year-by-year exports was explained primarily by a decrease in exports to New Zealand ($-148k or -98.1%), Mexico ($-120k or -25.8%), and Brazil ($-95.6k or -69.7%). In August 2024, the decrease in Tea's year-by-year imports was explained primarily by a decrease in imports from Japan ($-3.88M or -44.8%), India ($-888k or -16.6%), and China ($-729k or -12.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-1.7M(-19.9%)
IMPORT GROWTH (August 2023 - August 2024)$-4.87M(-10.3%)
MAIN EXPORTER (August 2024)California$2.81M
MAIN DESTINATION (August 2024)Canada$3.43M

This section shows Tea'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 Tea over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$90.4M
IMPORTS (2022)$522M
NET TRADE (2022)-$432M

In 2022, United States exported $90.4M in Tea. The main destinations of United States exports on Tea were Canada ($41.5M), Mexico ($5.28M), Germany ($4.53M), Japan ($4.01M), and Netherlands ($2.95M).

In 2022, United States imported $522M in Tea, mainly from Japan ($81.7M), China ($71.1M), India ($62M), Argentina ($55M), and Sri Lanka ($45.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$1.95M (58.4%)
China$864k (78%)
Germany$700k (18.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY United States WERE (2021 - 2022):
Canada-$4.98M (-10.7%)
Denmark-$704k (-44.8%)
Australia-$556k (-51%)
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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 Tea were:
China $1.77B
Kenya $1.39B
Sri Lanka $1.29B
In 2022, United States's main importing competitors in Tea were:
Pakistan $707M
Russia $448M

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Trade Value of Tea by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.69M
TOP IMPORT POTENTIALChina+ $27.6M

Tea’s highest export potential is China. With an export gap of $1.69M.   Tea’s highest import potential is China with an import gap of $27.6M.

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