Honey in United States | The Observatory of Economic Complexity

About

Exports In 2023, United States exported $14.4M in Honey, making it the 28th largest exporter of Honey in the world. At the same year, Honey was the 999th most exported product in United States. The main destination of Honey exports from United States are: Canada ($4.11M), South Korea ($3.1M), Barbados ($708k), Yemen ($659k), and Kuwait ($620k).

The fastest growing export markets for Honey of United States between 2022 and 2023 were Trinidad and Tobago ($413k), Yemen ($290k), and Mexico ($164k).

Imports In 2023, United States imported $565M in Honey, becoming the 1st largest importer of Honey in the world. At the same year, Honey was the 493rd most imported product in United States. United States imports Honey primarily from: India ($160M), Argentina ($125M), Brazil ($69.3M), New Zealand ($51.4M), and Mexico ($25.1M).

The fastest growing import markets in Honey for United States between 2022 and 2023 were Australia ($2.45M), Cambodia ($2.28M), and Poland ($1.23M).

COMPANIES In 2023, leading companies such as Ayco Farms (489), Classic Fruit Company (66), and Del Monte Foods (63) were at the forefront of shipping Honey to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Honey exports accounted up to $1.61M and imports accounted up to $65.6M, resulting in a negative trade balance of $64M. Between November 2023 and November 2024 the exports of United States' Honey have decreased by $-807k (-33.4%) from $2.41M to $1.61M, while imports increased by $21.3M (48.2%) from $44.2M to $65.6M.

Destinations In November 2024, Honey were exported mostly to Canada ($557k), Chinese Taipei ($294k), Philippines ($186k), Yemen ($184k), and South Korea ($87.5k), and were imported mostly from Argentina ($16.9M), India ($15.1M), Brazil ($7.7M), Vietnam ($5.73M), and New Zealand ($5.07M).

Growth In November 2024, the decrease in Honey's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-61.4k or -76.1%), Philippines ($-58.2k or -87.1%), and Aruba ($-12.5k or -70.5%). In November 2024, the increase in Honey's year-by-year imports was explained primarily by an increase in imports from India ($13.3M or 643%), Argentina ($4.42M or 75.1%), and Vietnam ($2.07M or 129%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)$-807k(-33.4%)

IMPORT GROWTH (November 2023 - November 2024)$21.3M(48.2%)

MAIN EXPORTER (November 2024)Kansas$1.77M

MAIN DESTINATION (November 2024)Canada$557k

This section shows Honey'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 Honey over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$14.4M

IMPORTS (2023)$565M

NET TRADE (2023)-$550M

In 2023, United States exported $14.4M in Honey. The main destinations of United States exports on Honey were Canada ($4.11M), South Korea ($3.1M), Barbados ($708k), Yemen ($659k), and Kuwait ($620k).

In 2023, United States imported $565M in Honey, mainly from India ($160M), Argentina ($125M), Brazil ($69.3M), New Zealand ($51.4M), and Mexico ($25.1M).

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