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2023
Exports $658MWorld Rnk 3 / 150
Flag Rnk 309 / 1217
2023
Destination $53M Mexico
2022 - 2023
FASTEST GROWING MARKET $53MMexico
2023
PRODUCT COMPLEXITY IN Ground Nuts-2.38Rnk 1017 / 1025
2023
Imports $14.5MWorld Rnk 42 / 207
Flag Rnk 1093 / 1215
2023
Origin $2.15M Argentina
2022 - 2023
FASTEST GROWING ORIGIN $2.15MParaguay
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $658M in Ground Nuts, making it the 3rd largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 309th most exported product in United States. The main destination of Ground Nuts exports from United States are: Mexico ($160M), Canada ($132M), China ($96.2M), Netherlands ($76.7M), and United Kingdom ($49.1M).

The fastest growing export markets for Ground Nuts of United States between 2022 and 2023 were Mexico ($53M), Netherlands ($41.8M), and China ($34.2M).

Imports In 2023, United States imported $14.5M in Ground Nuts, becoming the 42nd largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 1093rd most imported product in United States. United States imports Ground Nuts primarily from: Argentina ($7.28M), Paraguay ($3.97M), Mexico ($1.65M), China ($331k), and South Africa ($300k).

The fastest growing import markets in Ground Nuts for United States between 2022 and 2023 were Paraguay ($2.15M), Mexico ($1.29M), and South Africa ($300k).

COMPANIES In 2024, leading companies such as Volvo (31), Dollarama (12), and IKEA Group (10) were at the forefront of shipping Ground Nuts to the United States.

Latest Trends

January 2025

About

Overview In January 2025 United States' Ground Nuts exports accounted up to $43M and imports accounted up to $354k, resulting in a positive trade balance of $42.6M. Between January 2024 and January 2025 the exports of United States'   Ground Nuts have decreased by $-19M (-30.7%) from $62M to $43M, while imports decreased by $-166k (-31.9%) from $520k to $354k.

Destinations In January 2025, Ground Nuts were exported mostly to Mexico ($16.5M), Canada ($12.2M), Netherlands ($3.69M), China ($3.28M), and Japan ($1.82M), and were imported mostly from Mexico ($165k), China ($46.6k), Uganda ($0), Vietnam ($0), and Canada ($0).

Growth In January 2025, the decrease in Ground Nuts's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-2.04M or -13.4%), Spain ($-276k or -19.8%), and Trinidad and Tobago ($-142k or -19.8%). In January 2025, the decrease in Ground Nuts's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-19M(-30.7%)
IMPORT GROWTH (January 2024 - January 2025)$-166k(-31.9%)
MAIN EXPORTER (January 2025)Georgia$24.5M
MAIN DESTINATION (January 2025)Mexico$16.5M

This section shows Ground Nuts'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 Ground Nuts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$658M
IMPORTS (2023)$14.5M
NET TRADE (2023)$643M

In 2023, United States exported $658M in Ground Nuts. The main destinations of United States exports on Ground Nuts were Mexico ($160M), Canada ($132M), China ($96.2M), Netherlands ($76.7M), and United Kingdom ($49.1M).

In 2023, United States imported $14.5M in Ground Nuts, mainly from Argentina ($7.28M), Paraguay ($3.97M), Mexico ($1.65M), China ($331k), and South Africa ($300k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$53M (49.6%)
Netherlands$41.8M (119%)
China$34.2M (55.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY United States WERE (2022 - 2023):
Japan-$5.88M (-18.1%)
Colombia-$2.06M (-46%)
Israel-$1.59M (-91%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Ground Nuts were:
Argentina $836M
India $807M
In 2023, United States's main importing competitors in Ground Nuts were:
China $716M
Netherlands $544M
Indonesia $375M

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Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $12.3M
TOP IMPORT POTENTIALArgentina+ $866k

Ground Nuts’s highest export potential is China. With an export gap of $12.3M.   Ground Nuts’s highest import potential is Argentina with an import gap of $866k.

See methodology.

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