Grape wines, sparkling in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $30.5M in Grape wines, sparkling, making it the 12th largest exporter of Grape wines, sparkling in the world. At the same year, Grape wines, sparkling was the 2404th most exported product in United States. The main destination of Grape wines, sparkling exports from United States are: Canada ($9.33M), Japan ($2.09M), Panama ($2.08M), United Kingdom ($1.76M), and Netherlands ($1.5M).

The fastest growing export markets for Grape wines, sparkling of United States between 2021 and 2022 were Panama ($850k), United Arab Emirates ($624k), and Vietnam ($540k).

Imports In 2022, United States imported $1.79B in Grape wines, sparkling, becoming the 1st largest importer of Grape wines, sparkling in the world. At the same year, Grape wines, sparkling was the 284th most imported product in United States. United States imports Grape wines, sparkling primarily from: France ($1.09B), Italy ($574M), Spain ($92.7M), United Kingdom ($6.32M), and Germany ($4.87M).

The fastest growing import markets in Grape wines, sparkling for United States between 2021 and 2022 were France ($61.9M), Italy ($15.8M), and Netherlands ($1.04M).

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, sparkling to the United States.

Latest Trends

June 2024

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Overview In June 2024 United States' Grape wines, sparkling exports accounted up to $1.87M and imports accounted up to $133M, resulting in a negative trade balance of $131M. Between June 2023 and June 2024 the exports of United States' Grape wines, sparkling have decreased by $-8.46M (-81.9%) from $10.3M to $1.87M, while imports increased by $20.1M (17.8%) from $113M to $133M.

Destinations In June 2024, Grape wines, sparkling were exported mostly to Canada ($391k), United Kingdom ($375k), Bahamas ($216k), Netherlands ($172k), and Spain ($161k), and were imported mostly from France ($61.7M), Italy ($61.2M), Spain ($8.22M), Germany ($215k), and South Africa ($196k).

Growth In June 2024, the decrease in Grape wines, sparkling's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-174k or -75.4%), Nigeria ($-12.2k or -56.5%), and Mexico ($-10.2k or -37.4%). In June 2024, the increase in Grape wines, sparkling's year-by-year imports was explained primarily by an increase in imports from Italy ($3.54M or 8.61%), Spain ($1.51M or 24.3%), and United Kingdom ($251k or 1.39k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-8.46M(-81.9%)

IMPORT GROWTH (June 2023 - June 2024)$20.1M(17.8%)

MAIN EXPORTER (June 2024)Texas$6.1M

MAIN DESTINATION (June 2024)Canada$391k

This section shows Grape wines, sparkling'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, sparkling over time.

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