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2022
Exports $80.6MWorld Rnk 6 / 145
Flag Rnk 781 / 1217
2022
Destination $2.56M Indonesia
2021 - 2022
FASTEST GROWING MARKET $2.56MPhilippines
2022
PRODUCT COMPLEXITY IN Buckwheat-1.6Rnk 959 / 1025
2022
Imports $97.6MWorld Rnk 3 / 210
Flag Rnk 882 / 1216
2022
Origin $2.25M Peru
2021 - 2022
FASTEST GROWING ORIGIN $2.25MRussia
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $80.6M in Buckwheat, making it the 6th largest exporter of Buckwheat in the world. At the same year, Buckwheat was the 781st most exported product in United States. The main destination of Buckwheat exports from United States are: Indonesia ($16.5M), Japan ($13.5M), Canada ($10.5M), Mexico ($4.31M), and Philippines ($3.63M).

The fastest growing export markets for Buckwheat of United States between 2021 and 2022 were Philippines ($2.56M), Indonesia ($1.64M), and Canada ($1.44M).

Imports In 2022, United States imported $97.6M in Buckwheat, becoming the 3rd largest importer of Buckwheat in the world. At the same year, Buckwheat was the 882nd most imported product in United States. United States imports Buckwheat primarily from: Peru ($32M), Canada ($25.6M), Bolivia ($20.1M), Russia ($4.59M), and India ($3.58M).

The fastest growing import markets in Buckwheat for United States between 2021 and 2022 were Russia ($2.25M), Canada ($570k), and Lithuania ($427k).

COMPANIES In 2023, leading companies such as Riviana Foods (58), Wismettac Asian Foods (16), and John Deere (12) were at the forefront of shipping Buckwheat to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Buckwheat exports accounted up to $5.12M and imports accounted up to $10.9M, resulting in a negative trade balance of $5.74M. Between August 2023 and August 2024 the exports of United States'   Buckwheat have decreased by $-769k (-13.1%) from $5.89M to $5.12M, while imports increased by $274k (2.59%) from $10.6M to $10.9M.

Destinations In August 2024, Buckwheat were exported mostly to Canada ($1.33M), Indonesia ($1.15M), Japan ($601k), Malaysia ($269k), and Philippines ($265k), and were imported mostly from Peru ($5.58M), Bolivia ($2.28M), Canada ($1.77M), India ($485k), and France ($137k).

Growth In August 2024, the decrease in Buckwheat's year-by-year exports was explained primarily by a decrease in exports to Indonesia ($-2.37M or -89.2%), Canada ($-181k or -15.5%), and Malaysia ($-121k or -62.1%). In August 2024, the increase in Buckwheat's year-by-year imports was explained primarily by an increase in imports from Spain ($211k or 227%), Peru ($113k or 4.13%), and France ($52k or 99.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-769k(-13.1%)
IMPORT GROWTH (August 2023 - August 2024)$274k(2.59%)
MAIN EXPORTER (August 2024)Washington$3.63M
MAIN DESTINATION (August 2024)Canada$1.33M

This section shows Buckwheat'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 Buckwheat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$80.6M
IMPORTS (2022)$97.6M
NET TRADE (2022)-$17M

In 2022, United States exported $80.6M in Buckwheat. The main destinations of United States exports on Buckwheat were Indonesia ($16.5M), Japan ($13.5M), Canada ($10.5M), Mexico ($4.31M), and Philippines ($3.63M).

In 2022, United States imported $97.6M in Buckwheat, mainly from Peru ($32M), Canada ($25.6M), Bolivia ($20.1M), Russia ($4.59M), and India ($3.58M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buckwheat EXPORT MARKETS FOR United States WERE (2021 - 2022):
Philippines$2.56M (238%)
Indonesia$1.64M (11%)
Canada$1.44M (15.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buckwheat BY United States WERE (2021 - 2022):
Mexico-$1.39M (-24.3%)
Madagascar-$1.32M (-47.3%)
Netherlands-$992k (-44.2%)
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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 Buckwheat were:
Poland $227M
Canada $150M
France $99M
In 2022, United States's main importing competitors in Buckwheat were:
Germany $231M
Spain $98M

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Trade Value of Buckwheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $1.37M
TOP IMPORT POTENTIALCanada+ $8.45M

Buckwheat’s highest export potential is Canada. With an export gap of $1.37M.   Buckwheat’s highest import potential is Canada with an import gap of $8.45M.

See methodology.

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