Grape wines nes, fortified wine or must, pack United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $1.32B in Grape wines nes, fortified wine or must, pack < 2l, making it the 5th largest exporter of Grape wines nes, fortified wine or must, pack < 2l in the world. At the same year, Grape wines nes, fortified wine or must, pack < 2l was the 228th most exported product in United States. The main destination of Grape wines nes, fortified wine or must, pack < 2l exports from United States are: Canada ($459M), Japan ($117M), South Korea ($87.2M), United Kingdom ($75.7M), and Hong Kong ($70.6M).

The fastest growing export markets for Grape wines nes, fortified wine or must, pack < 2l of United States between 2021 and 2022 were Japan ($29M), South Korea ($11.3M), and France ($11.2M).

Imports In 2022, United States imported $4.58B in Grape wines nes, fortified wine or must, pack < 2l, becoming the 1st largest importer of Grape wines nes, fortified wine or must, pack < 2l in the world. At the same year, Grape wines nes, fortified wine or must, pack < 2l was the 106th most imported product in United States. United States imports Grape wines nes, fortified wine or must, pack < 2l primarily from: Italy ($1.41B), France ($1.41B), New Zealand ($451M), Spain ($277M), and Australia ($233M).

The fastest growing import markets in Grape wines nes, fortified wine or must, pack < 2l for United States between 2021 and 2022 were France ($27.2M), New Zealand ($17.7M), and Switzerland ($3.93M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Grape wines nes, fortified wine or must, pack < 2l to the United States.

Latest Trends

June 2024

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Overview In June 2024 United States' Grape wines nes, fortified wine or must, pack < 2l exports accounted up to $79.5M and imports accounted up to $402M, resulting in a negative trade balance of $323M. Between June 2023 and June 2024 the exports of United States' Grape wines nes, fortified wine or must, pack < 2l have increased by $188k (0.24%) from $79.3M to $79.5M, while imports increased by $15.1M (3.9%) from $387M to $402M.

Destinations In June 2024, Grape wines nes, fortified wine or must, pack < 2l were exported mostly to Canada ($29.3M), Japan ($7.04M), Hong Kong ($4.92M), United Kingdom ($4.81M), and China ($4.66M), and were imported mostly from France ($131M), Italy ($127M), New Zealand ($36M), Spain ($23.7M), and Argentina ($19.2M).

Growth In June 2024, the increase in Grape wines nes, fortified wine or must, pack < 2l's year-by-year exports was explained primarily by an increase in exports to France ($4.09M or 777%), Canada ($4.01M or 15.4%), and Dominican Republic ($1.05M or 150%). In June 2024, the increase in Grape wines nes, fortified wine or must, pack < 2l's year-by-year imports was explained primarily by an increase in imports from France ($31.4M or 36.3%), New Zealand ($23.3M or 43.7%), and Spain ($9.54M or 68.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$188k(0.24%)

IMPORT GROWTH (June 2023 - June 2024)$15.1M(3.9%)

MAIN EXPORTER (June 2024)California$94M

MAIN DESTINATION (June 2024)Canada$29.3M

This section shows Grape wines nes, fortified wine or must, pack < 2l'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 Grape wines nes, fortified wine or must, pack < 2l over time.

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