Bovine in United States | The Observatory of Economic Complexity

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Exports In 2023, United States exported $420M in Bovine, making it the 6th largest exporter of Bovine in the world. At the same year, Bovine was the 408th most exported product in United States. The main destination of Bovine exports from United States are: Canada ($313M), Mexico ($46.9M), Turkey ($29.2M), Saudi Arabia ($18.9M), and Vietnam ($3.93M).

The fastest growing export markets for Bovine of United States between 2022 and 2023 were Turkey ($24.5M), Saudi Arabia ($18.9M), and Canada ($5M).

Imports In 2023, United States imported $2.42B in Bovine, becoming the 1st largest importer of Bovine in the world. At the same year, Bovine was the 202nd most imported product in United States. United States imports Bovine primarily from: Canada ($1.34B), Mexico ($1.08B), Belgium ($53.3k), Guatemala ($19.5k), and France ($19k).

The fastest growing import markets in Bovine for United States between 2022 and 2023 were Mexico ($462M), Canada ($179M), and Belgium ($53.3k).

COMPANIES In 2023, leading companies such as Spencer Gifts (53), ZF Friedrichshafen (25), and NOURYON FUNCTIONAL CHEMICALS LLC (18) were at the forefront of shipping Bovine to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Bovine exports accounted up to $40.2M and imports accounted up to $256M, resulting in a negative trade balance of $215M. Between November 2023 and November 2024 the exports of United States' Bovine have increased by $7.26M (22%) from $33M to $40.2M, while imports decreased by $-34.6M (-11.9%) from $290M to $256M.

Destinations In November 2024, Bovine were exported mostly to Canada ($36.9M), Mexico ($2.65M), Qatar ($322k), Thailand ($252k), and Iraq ($129k), and were imported mostly from Canada ($145M), Mexico ($111M), and Australia ($0).

Growth In November 2024, the increase in Bovine's year-by-year exports was explained primarily by an increase in exports to Canada ($10.3M or 55.8%) and Brazil ($3.04k or 9.2%). In November 2024, the decrease in Bovine's year-by-year imports was explained primarily by a decrease in imports from Canada ($-1.01M or -1.14%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)$7.26M(22%)

IMPORT GROWTH (November 2023 - November 2024)$-34.6M(-11.9%)

MAIN EXPORTER (November 2024)Montana$20.7M

MAIN DESTINATION (November 2024)Canada$36.9M

This section shows Bovine'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 Bovine over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$420M

IMPORTS (2023)$2.42B

NET TRADE (2023)-$2B

In 2023, United States exported $420M in Bovine. The main destinations of United States exports on Bovine were Canada ($313M), Mexico ($46.9M), Turkey ($29.2M), Saudi Arabia ($18.9M), and Vietnam ($3.93M).

In 2023, United States imported $2.42B in Bovine, mainly from Canada ($1.34B), Mexico ($1.08B), Belgium ($53.3k), Guatemala ($19.5k), and France ($19k).

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