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2022
Exports $967MWorld Rnk 4 / 183
Flag Rnk 263 / 1217
2022
Destination $118M China
2021 - 2022
FASTEST GROWING MARKET $118MChina
2022
PRODUCT COMPLEXITY IN Vitamins1.04Rnk 153 / 1025
2022
Imports $1.59BWorld Rnk 1 / 212
Flag Rnk 302 / 1216
2022
Origin $152M China
2021 - 2022
FASTEST GROWING ORIGIN $152MNetherlands
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $967M in Vitamins, making it the 4th largest exporter of Vitamins in the world. At the same year, Vitamins was the 263rd most exported product in United States. The main destination of Vitamins exports from United States are: China ($212M), Canada ($178M), South Korea ($38.6M), Hong Kong ($31.7M), and Mexico ($30.5M).

The fastest growing export markets for Vitamins of United States between 2021 and 2022 were China ($118M), Hong Kong ($10.6M), and Australia ($8.49M).

Imports In 2022, United States imported $1.59B in Vitamins, becoming the 1st largest importer of Vitamins in the world. At the same year, Vitamins was the 302nd most imported product in United States. United States imports Vitamins primarily from: China ($900M), Switzerland ($165M), Netherlands ($157M), India ($69M), and Germany ($63.8M).

The fastest growing import markets in Vitamins for United States between 2021 and 2022 were Netherlands ($152M), India ($8.8M), and Germany ($7.18M).

COMPANIES In 2023, leading companies such as Wistron (796), Disney Cruise Line (392), and Walgreens (189) were at the forefront of shipping Vitamins to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Vitamins exports accounted up to $86.9M and imports accounted up to $87.8M, resulting in a negative trade balance of $899k. Between August 2023 and August 2024 the exports of United States'   Vitamins have increased by $4.99M (6.09%) from $81.9M to $86.9M, while imports increased by $2.85M (3.35%) from $85M to $87.8M.

Destinations In August 2024, Vitamins were exported mostly to Canada ($15.3M), China ($15.1M), Chinese Taipei ($6.58M), South Korea ($4.19M), and Mexico ($3.18M), and were imported mostly from China ($54.2M), Switzerland ($7.77M), Germany ($5.15M), United Kingdom ($4.42M), and India ($3.67M).

Growth In August 2024, the increase in Vitamins's year-by-year exports was explained primarily by an increase in exports to China ($17.5M or 190%), Germany ($4.76M or 668%), and Mexico ($2.02M or 89.5%). In August 2024, the increase in Vitamins's year-by-year imports was explained primarily by an increase in imports from United Kingdom ($2.24M or 61.8%), Germany ($678k or 19.3%), and Argentina ($406k or 86.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$4.99M(6.09%)
IMPORT GROWTH (August 2023 - August 2024)$2.85M(3.35%)
MAIN EXPORTER (August 2024)New Jersey$17.9M
MAIN DESTINATION (August 2024)Canada$15.3M

This section shows Vitamins'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 Vitamins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$967M
IMPORTS (2022)$1.59B
NET TRADE (2022)-$625M

In 2022, United States exported $967M in Vitamins. The main destinations of United States exports on Vitamins were China ($212M), Canada ($178M), South Korea ($38.6M), Hong Kong ($31.7M), and Mexico ($30.5M).

In 2022, United States imported $1.59B in Vitamins, mainly from China ($900M), Switzerland ($165M), Netherlands ($157M), India ($69M), and Germany ($63.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vitamins EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$118M (125%)
Hong Kong$10.6M (50.2%)
Australia$8.49M (59.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vitamins BY United States WERE (2021 - 2022):
Vietnam-$19.7M (-43.1%)
Netherlands-$18.7M (-40.7%)
Russia-$11.4M (-66%)
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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 Vitamins were:
China $3.61B
Netherlands $1.1B
Germany $1.08B
In 2022, United States's main importing competitors in Vitamins were:
Germany $782M
Netherlands $769M

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Trade Value of Vitamins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $10.5M
TOP IMPORT POTENTIALIndia+ $26.3M

Vitamins’s highest export potential is Germany. With an export gap of $10.5M.   Vitamins’s highest import potential is India with an import gap of $26.3M.

See methodology.

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