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2022
Exports $5.12BWorld Rnk 1 / 203
Flag Rnk 42 / 96
2022
Destination $204M Canada
2021 - 2022
FASTEST GROWING MARKET $204MCanada
2022
PRODUCT COMPLEXITY IN Glues, starches, & albuminoid products1.14Rnk 119 / 1025
2022
Imports $4.35BWorld Rnk 1 / 224
Flag Rnk 61 / 96
2022
Origin $109M New Zealand
2021 - 2022
FASTEST GROWING ORIGIN $109MBrazil
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $5.12B in Glues, starches, & albuminoid products, making it the 1st largest exporter of Glues, starches, & albuminoid products in the world. At the same year, Glues, starches, & albuminoid products was the 42nd most exported product in United States. The main destination of Glues, starches, & albuminoid products exports from United States are: Canada ($1.09B), Mexico ($658M), China ($425M), Japan ($302M), and Netherlands ($251M).

The fastest growing export markets for Glues, starches, & albuminoid products of United States between 2021 and 2022 were Canada ($204M), Mexico ($98.1M), and Japan ($64.4M).

Imports In 2022, United States imported $4.35B in Glues, starches, & albuminoid products, becoming the 1st largest importer of Glues, starches, & albuminoid products in the world. At the same year, Glues, starches, & albuminoid products was the 61st most imported product in United States. United States imports Glues, starches, & albuminoid products primarily from: New Zealand ($369M), China ($366M), Germany ($356M), Denmark ($355M), and Canada ($327M).

The fastest growing import markets in Glues, starches, & albuminoid products for United States between 2021 and 2022 were Brazil ($109M), New Zealand ($91.9M), and Canada ($74.3M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (13.3k), JBS Foods (298), and Goya Foods (222) were at the forefront of shipping Glues, starches, & albuminoid products to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Glues, starches, & albuminoid products exports accounted up to $406M and imports accounted up to $311M, resulting in a positive trade balance of $94.2M. Between June 2023 and June 2024 the exports of United States'   Glues, starches, & albuminoid products have decreased by $-142M (-25.9%) from $547M to $406M, while imports increased by $13.7M (4.6%) from $298M to $311M.

Destinations In June 2024, Glues, starches, & albuminoid products were exported mostly to Canada ($98.5M), Mexico ($56M), China ($32.5M), Japan ($19.2M), and Netherlands ($18.7M), and were imported mostly from China ($32.1M), Canada ($25.3M), Denmark ($24.7M), Germany ($22.9M), and New Zealand ($21.8M).

Growth In June 2024, the decrease in Glues, starches, & albuminoid products's year-by-year exports was explained primarily by a decrease in exports to Canada ($-12M or -12.1%), India ($-4.3M or -33.4%), and Belgium ($-2.91M or -40.6%). In June 2024, the increase in Glues, starches, & albuminoid products's year-by-year imports was explained primarily by an increase in imports from Denmark ($11.6M or 38.3%), Germany ($5.89M or 29.2%), and Poland ($5.21M or 225%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-142M(-25.9%)
IMPORT GROWTH (June 2023 - June 2024)$13.7M(4.6%)
MAIN EXPORTER (June 2024)California$61.3M
MAIN DESTINATION (June 2024)Canada$98.5M

This section shows Glues, starches, & albuminoid products'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 Glues, starches, & albuminoid products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.12B
IMPORTS (2022)$4.35B
NET TRADE (2022)$765M

In 2022, United States exported $5.12B in Glues, starches, & albuminoid products. The main destinations of United States exports on Glues, starches, & albuminoid products were Canada ($1.09B), Mexico ($658M), China ($425M), Japan ($302M), and Netherlands ($251M).

In 2022, United States imported $4.35B in Glues, starches, & albuminoid products, mainly from New Zealand ($369M), China ($366M), Germany ($356M), Denmark ($355M), and Canada ($327M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glues, starches, & albuminoid products EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$204M (23%)
Mexico$98.1M (17.5%)
Japan$64.4M (27.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glues, starches, & albuminoid products BY United States WERE (2021 - 2022):
Denmark-$38.4M (-52.6%)
Switzerland-$36.2M (-23.3%)
Vietnam-$31.5M (-39.2%)
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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 Glues, starches, & albuminoid products were:
Germany $5.03B
China $4.86B
In 2022, United States's main importing competitors in Glues, starches, & albuminoid products were:
China $3.29B
Germany $3.06B

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Trade Value of Glues, starches, & albuminoid products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $75M
TOP IMPORT POTENTIALChina+ $88.6M

Glues, starches, & albuminoid products’s highest export potential is China. With an export gap of $75M.   Glues, starches, & albuminoid products’s highest import potential is China with an import gap of $88.6M.

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