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2022
Exports $640MWorld Rnk 5 / 182
Flag Rnk 332 / 1217
2022
Destination $10.7M Canada
2021 - 2022
FASTEST GROWING MARKET $10.7MCanada
2022
PRODUCT COMPLEXITY IN Vegetable Saps-0.98Rnk 834 / 1025
2022
Imports $1.88BWorld Rnk 1 / 210
Flag Rnk 258 / 1216
2022
Origin $83.8M India
2021 - 2022
FASTEST GROWING ORIGIN $83.8MFrance
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $640M in Vegetable Saps, making it the 5th largest exporter of Vegetable Saps in the world. At the same year, Vegetable Saps was the 332nd most exported product in United States. The main destination of Vegetable Saps exports from United States are: Canada ($91.8M), Mexico ($66.5M), China ($49.3M), United Kingdom ($37.7M), and Japan ($35.5M).

The fastest growing export markets for Vegetable Saps of United States between 2021 and 2022 were Canada ($10.7M), Japan ($10.4M), and Germany ($7.73M).

Imports In 2022, United States imported $1.88B in Vegetable Saps, becoming the 1st largest importer of Vegetable Saps in the world. At the same year, Vegetable Saps was the 258th most imported product in United States. United States imports Vegetable Saps primarily from: India ($450M), China ($399M), Spain ($240M), Italy ($132M), and France ($129M).

The fastest growing import markets in Vegetable Saps for United States between 2021 and 2022 were France ($83.8M), India ($60M), and Spain ($58.1M).

COMPANIES In 2023, leading companies such as Walong Marketing (19), CrimsonLogic (9), and Walgreens (7) were at the forefront of shipping Vegetable Saps to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Vegetable Saps exports accounted up to $54.2M and imports accounted up to $124M, resulting in a negative trade balance of $69.6M. Between September 2023 and September 2024 the exports of United States'   Vegetable Saps have increased by $6.56M (13.8%) from $47.6M to $54.2M, while imports increased by $18.7M (17.7%) from $105M to $124M.

Destinations In September 2024, Vegetable Saps were exported mostly to Canada ($8.31M), United Kingdom ($4.89M), Belgium ($4.36M), Brazil ($4.22M), and Mexico ($4.15M), and were imported mostly from India ($37.8M), China ($26.4M), France ($10.3M), Italy ($8.43M), and Spain ($7.91M).

Growth In September 2024, the increase in Vegetable Saps's year-by-year exports was explained primarily by an increase in exports to Mexico ($4.41M or 64%), Brazil ($1.97M or 385%), and Ireland ($989k or 206%). In September 2024, the increase in Vegetable Saps's year-by-year imports was explained primarily by an increase in imports from Italy ($5.03M or 76.9%), Mexico ($2.47M or 57.7%), and Philippines ($2.39M or 62.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$6.56M(13.8%)
IMPORT GROWTH (September 2023 - September 2024)$18.7M(17.7%)
MAIN EXPORTER (September 2024)Washington$16.3M
MAIN DESTINATION (September 2024)Canada$8.31M

This section shows Vegetable Saps'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 Saps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$640M
IMPORTS (2022)$1.88B
NET TRADE (2022)-$1.24B

In 2022, United States exported $640M in Vegetable Saps. The main destinations of United States exports on Vegetable Saps were Canada ($91.8M), Mexico ($66.5M), China ($49.3M), United Kingdom ($37.7M), and Japan ($35.5M).

In 2022, United States imported $1.88B in Vegetable Saps, mainly from India ($450M), China ($399M), Spain ($240M), Italy ($132M), and France ($129M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable Saps EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$10.7M (13.2%)
Japan$10.4M (41.2%)
Germany$7.73M (40.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable Saps BY United States WERE (2021 - 2022):
Dominican Republic-$18.4M (-83%)
United Kingdom-$4.45M (-10.6%)
Philippines-$2.6M (-63.5%)
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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 Saps were:
China $2.22B
India $1.06B
Spain $915M
In 2022, United States's main importing competitors in Vegetable Saps were:
Germany $727M
China $504M

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Trade Value of Vegetable Saps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $10.6M
TOP IMPORT POTENTIALMexico+ $25.6M

Vegetable Saps’s highest export potential is China. With an export gap of $10.6M.   Vegetable Saps’s highest import potential is Mexico with an import gap of $25.6M.

See methodology.

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