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Pricing

2022
Exports $94.8BWorld Rnk 1 / 226
Flag Rnk 7 / 21
2022
Destination $3.2B China
2021 - 2022
FASTEST GROWING MARKET $3.2BChina
2022
PRODUCT COMPLEXITY IN Vegetable Products0.65Rnk 295 / 1025
2022
Imports $59.9BWorld Rnk 2 / 226
Flag Rnk 12 / 21
2022
Origin $1.99B Mexico
2021 - 2022
FASTEST GROWING ORIGIN $1.99BMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $94.8B in Vegetable Products, making it the 1st largest exporter of Vegetable Products in the world. At the same year, Vegetable Products was the 7th most exported product in United States. The main destination of Vegetable Products exports from United States are: China ($27.4B), Mexico ($12.8B), Canada ($9.93B), Japan ($8.28B), and South Korea ($2.88B).

The fastest growing export markets for Vegetable Products of United States between 2021 and 2022 were China ($3.2B), Mexico ($1.17B), and Canada ($1.01B).

Imports In 2022, United States imported $59.9B in Vegetable Products, becoming the 2nd largest importer of Vegetable Products in the world. At the same year, Vegetable Products was the 12th most imported product in United States. United States imports Vegetable Products primarily from: Mexico ($17.5B), Canada ($9.04B), Colombia ($3.84B), Peru ($2.84B), and Guatemala ($2.28B).

The fastest growing import markets in Vegetable Products for United States between 2021 and 2022 were Mexico ($1.99B), Canada ($1.79B), and Colombia ($864M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (17.2k), Del Monte Foods (15.2k), and Chiquita (13.1k) were at the forefront of shipping Vegetable Products to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Vegetable Products exports accounted up to $5.05B and imports accounted up to $4.81B, resulting in a positive trade balance of $235M. Between August 2023 and August 2024 the exports of United States'   Vegetable Products have increased by $430M (9.32%) from $4.62B to $5.05B, while imports increased by $214M (4.65%) from $4.6B to $4.81B.

Destinations In August 2024, Vegetable Products were exported mostly to Mexico ($1.11B), Canada ($810M), Japan ($439M), China ($403M), and Germany ($184M), and were imported mostly from Mexico ($1.28B), Canada ($766M), Colombia ($247M), Peru ($240M), and Brazil ($207M).

Growth In August 2024, the increase in Vegetable Products's year-by-year exports was explained primarily by an increase in exports to China ($1.25B or 48.2%), Mexico ($176M or 17.3%), and Germany ($93.3M or 49.8%). In August 2024, the increase in Vegetable Products's year-by-year imports was explained primarily by an increase in imports from Canada ($161M or 31.4%), Peru ($101M or 25.7%), and Mexico ($52.7M or 2.58%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$430M(9.32%)
IMPORT GROWTH (August 2023 - August 2024)$214M(4.65%)
MAIN EXPORTER (August 2024)Louisiana$2.23B
MAIN DESTINATION (August 2024)Mexico$1.11B

This section shows Vegetable Products'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 Vegetable Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$94.8B
IMPORTS (2022)$59.9B
NET TRADE (2022)$34.9B

In 2022, United States exported $94.8B in Vegetable Products. The main destinations of United States exports on Vegetable Products were China ($27.4B), Mexico ($12.8B), Canada ($9.93B), Japan ($8.28B), and South Korea ($2.88B).

In 2022, United States imported $59.9B in Vegetable Products, mainly from Mexico ($17.5B), Canada ($9.04B), Colombia ($3.84B), Peru ($2.84B), and Guatemala ($2.28B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable Products EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$3.2B (13.2%)
Mexico$1.17B (10.1%)
Canada$1.01B (11.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable Products BY United States WERE (2021 - 2022):
South Korea-$299M (-9.41%)
Bangladesh-$214M (-37.2%)
Thailand-$150M (-18.9%)
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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 Vegetable Products were:
Brazil $72.7B
Netherlands $31.8B
In 2022, United States's main importing competitors in Vegetable Products were:
China $104B
Germany $43B

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Trade Value of Vegetable Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $215M
TOP IMPORT POTENTIALCanada+ $1.16B

Vegetable Products’s highest export potential is Italy. With an export gap of $215M.   Vegetable Products’s highest import potential is Canada with an import gap of $1.16B.

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