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2023
Exports $603MWorld Rnk 5 / 180
Flag Rnk 326 / 1217
2023
Destination $26.9M China
2022 - 2023
FASTEST GROWING MARKET $26.9MSouth Korea
2023
PRODUCT COMPLEXITY IN Vitamins0.88Rnk 216 / 1025
2023
Imports $1.28BWorld Rnk 1 / 215
Flag Rnk 320 / 1215
2023
Origin $5.76M China
2022 - 2023
FASTEST GROWING ORIGIN $5.76MItaly
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $603M in Vitamins, making it the 5th largest exporter of Vitamins in the world. At the same year, Vitamins was the 326th most exported product in United States. The main destination of Vitamins exports from United States are: China ($109M), Canada ($98.9M), South Korea ($40.5M), Netherlands ($38.6M), and Germany ($26M).

The fastest growing export markets for Vitamins of United States between 2022 and 2023 were South Korea ($26.9M), Netherlands ($24.5M), and Vietnam ($3.91M).

Imports In 2023, United States imported $1.28B in Vitamins, becoming the 1st largest importer of Vitamins in the world. At the same year, Vitamins was the 320th most imported product in United States. United States imports Vitamins primarily from: China ($828M), Switzerland ($93.5M), Germany ($64.1M), India ($58.5M), and France ($45.2M).

The fastest growing import markets in Vitamins for United States between 2022 and 2023 were Italy ($5.76M), Canada ($2.07M), and United Arab Emirates ($1.15M).

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

November 2024

About

Overview In November 2024 United States' Vitamins exports accounted up to $84.4M and imports accounted up to $124M, resulting in a negative trade balance of $40.1M. Between November 2023 and November 2024 the exports of United States'   Vitamins have decreased by $-4.75M (-5.33%) from $89.2M to $84.4M, while imports increased by $30.5M (32.5%) from $94M to $124M.

Destinations In November 2024, Vitamins were exported mostly to China ($16.2M), Canada ($9.05M), Mexico ($5.01M), United Kingdom ($4.42M), and Chinese Taipei ($4.3M), and were imported mostly from China ($84.5M), Switzerland ($12.8M), India ($6.43M), France ($5.39M), and United Kingdom ($5.13M).

Growth In November 2024, the decrease in Vitamins's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-5.23M or -88.9%), Netherlands ($-2.5M or -52.1%), and India ($-1.67M or -70%). In November 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 (November 2023 - November 2024)$-4.75M(-5.33%)
IMPORT GROWTH (November 2023 - November 2024)$30.5M(32.5%)
MAIN EXPORTER (November 2024)New Jersey$22.8M
MAIN DESTINATION (November 2024)China$16.2M

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 (2023)$603M
IMPORTS (2023)$1.28B
NET TRADE (2023)-$673M

In 2023, United States exported $603M in Vitamins. The main destinations of United States exports on Vitamins were China ($109M), Canada ($98.9M), South Korea ($40.5M), Netherlands ($38.6M), and Germany ($26M).

In 2023, United States imported $1.28B in Vitamins, mainly from China ($828M), Switzerland ($93.5M), Germany ($64.1M), India ($58.5M), and France ($45.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vitamins EXPORT MARKETS FOR United States WERE (2022 - 2023):
South Korea$26.9M (199%)
Netherlands$24.5M (173%)
Vietnam$3.91M (46.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vitamins BY United States WERE (2022 - 2023):
Hong Kong-$10.1M (-64.9%)
Singapore-$4.36M (-21.8%)
Indonesia-$3.92M (-44.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Vitamins were:
China $3.05B
Germany $994M
Switzerland $782M
In 2023, United States's main importing competitors in Vitamins were:
Netherlands $842M
Germany $631M

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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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