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2023
Exports $78.3MWorld Rnk 8 / 161
Flag Rnk 746 / 1217
2023
Destination $10.2M Canada
2022 - 2023
FASTEST GROWING MARKET $10.2MMexico
2023
PRODUCT COMPLEXITY IN Legumes-1.87Rnk 986 / 1025
2023
Imports $369MWorld Rnk 1 / 210
Flag Rnk 601 / 1215
2023
Origin $32.4M Mexico
2022 - 2023
FASTEST GROWING ORIGIN $32.4MMexico
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $78.3M in Legumes, making it the 8th largest exporter of Legumes in the world. At the same year, Legumes was the 746th most exported product in United States. The main destination of Legumes exports from United States are: Canada ($41.3M), Mexico ($14M), Ethiopia ($8.89M), Colombia ($3.14M), and Dominican Republic ($2.23M).

The fastest growing export markets for Legumes of United States between 2022 and 2023 were Mexico ($10.2M), Ethiopia ($8.88M), and Cuba ($1.87M).

Imports In 2023, United States imported $369M in Legumes, becoming the 1st largest importer of Legumes in the world. At the same year, Legumes was the 601st most imported product in United States. United States imports Legumes primarily from: Mexico ($183M), Guatemala ($164M), Peru ($13.4M), Canada ($3.71M), and Honduras ($1.25M).

The fastest growing import markets in Legumes for United States between 2022 and 2023 were Mexico ($32.4M), Guatemala ($4.8M), and Honduras ($984k).

COMPANIES In 2023, leading companies such as Prime Line Coffee (23), Goya Foods (5), and Walmart (2) were at the forefront of shipping Legumes to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Legumes exports accounted up to $11.3M and imports accounted up to $37.3M, resulting in a negative trade balance of $26M. Between November 2023 and November 2024 the exports of United States'   Legumes have decreased by $-215k (-1.87%) from $11.5M to $11.3M, while imports increased by $2.74M (7.94%) from $34.6M to $37.3M.

Destinations In November 2024, Legumes were exported mostly to Canada ($8.01M), United Arab Emirates ($1.07M), Mexico ($932k), Colombia ($334k), and Haiti ($197k), and were imported mostly from Mexico ($23.2M), Guatemala ($12.1M), Peru ($1.82M), Honduras ($74.8k), and Nicaragua ($66.4k).

Growth In November 2024, the decrease in Legumes's year-by-year exports was explained primarily by a decrease in exports to Canada ($-194k or -1.94%), Haiti ($-176k or -84.9%), and Venezuela ($-141k or -64.9%). In November 2024, the increase in Legumes's year-by-year imports was explained primarily by an increase in imports from Mexico ($4.31M or 25%), Guatemala ($600k or 4.45%), and Honduras ($79.5k or 988%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-215k(-1.87%)
IMPORT GROWTH (November 2023 - November 2024)$2.74M(7.94%)
MAIN EXPORTER (November 2024)California$4.46M
MAIN DESTINATION (November 2024)Canada$8.01M

This section shows Legumes'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 Legumes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$78.3M
IMPORTS (2023)$369M
NET TRADE (2023)-$290M

In 2023, United States exported $78.3M in Legumes. The main destinations of United States exports on Legumes were Canada ($41.3M), Mexico ($14M), Ethiopia ($8.89M), Colombia ($3.14M), and Dominican Republic ($2.23M).

In 2023, United States imported $369M in Legumes, mainly from Mexico ($183M), Guatemala ($164M), Peru ($13.4M), Canada ($3.71M), and Honduras ($1.25M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Legumes EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$10.2M (266%)
Ethiopia$8.88M (143k%)
Cuba$1.87M (4.55k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Legumes BY United States WERE (2022 - 2023):
Canada-$10.2M (-19.8%)
Dominican Republic-$2.06M (-48%)
Mozambique-$568k (-100%)
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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 Legumes were:
Morocco $302M
Mexico $233M
Guatemala $211M
In 2023, United States's main importing competitors in Legumes were:
Spain $179M
Hong Kong $177M

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Trade Value of Legumes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $705k
TOP IMPORT POTENTIALCanada+ $2.83M

Legumes’s highest export potential is United Kingdom. With an export gap of $705k.   Legumes’s highest import potential is Canada with an import gap of $2.83M.

See methodology.

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