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2022
Exports $457MWorld Rnk 8 / 176
Flag Rnk 411 / 1217
2022
Destination $46.4M China
2021 - 2022
FASTEST GROWING MARKET $46.4MChina
2022
PRODUCT COMPLEXITY IN Molluscs-1.46Rnk 942 / 1025
2022
Imports $1BWorld Rnk 4 / 215
Flag Rnk 397 / 1216
2022
Origin $67.6M Canada
2021 - 2022
FASTEST GROWING ORIGIN $67.6MJapan
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $457M in Molluscs, making it the 8th largest exporter of Molluscs in the world. At the same year, Molluscs was the 411th most exported product in United States. The main destination of Molluscs exports from United States are: China ($182M), Hong Kong ($58.8M), Canada ($47.8M), Japan ($23.9M), and Spain ($18.7M).

The fastest growing export markets for Molluscs of United States between 2021 and 2022 were China ($46.4M), Canada ($19.6M), and Spain ($11.1M).

Imports In 2022, United States imported $1B in Molluscs, becoming the 4th largest importer of Molluscs in the world. At the same year, Molluscs was the 397th most imported product in United States. United States imports Molluscs primarily from: Canada ($242M), China ($226M), Japan ($116M), India ($78.4M), and Mexico ($36.2M).

The fastest growing import markets in Molluscs for United States between 2021 and 2022 were Japan ($67.6M), China ($62M), and Canada ($59.3M).

COMPANIES In 2023, leading companies such as Samsung (131), Wismettac Asian Foods (83), and Lawrence Wholesale (21) were at the forefront of shipping Molluscs to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Molluscs exports accounted up to $32.3M and imports accounted up to $94.5M, resulting in a negative trade balance of $62.2M. Between August 2023 and August 2024 the exports of United States'   Molluscs have increased by $3.46M (12%) from $28.8M to $32.3M, while imports decreased by $-1.29M (-1.34%) from $95.8M to $94.5M.

Destinations In August 2024, Molluscs were exported mostly to China ($11.9M), Hong Kong ($6.49M), Canada ($3.73M), Netherlands ($1.43M), and France ($1.42M), and were imported mostly from Canada ($17M), Spain ($10.9M), New Zealand ($10.7M), Argentina ($9.51M), and Japan ($9.42M).

Growth In August 2024, the increase in Molluscs's year-by-year exports was explained primarily by an increase in exports to China ($5.42M or 37.2%), Hong Kong ($1.21M or 17%), and Canada ($1.03M or 34%). In August 2024, the decrease in Molluscs's year-by-year imports was explained primarily by a decrease in imports from Japan ($-11.2M or -42.3%), China ($-6.22M or -38.9%), and Spain ($-6.21M or -56.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$3.46M(12%)
IMPORT GROWTH (August 2023 - August 2024)$-1.29M(-1.34%)
MAIN EXPORTER (August 2024)Washington$12.4M
MAIN DESTINATION (August 2024)China$11.9M

This section shows Molluscs'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 Molluscs over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$457M
IMPORTS (2022)$1B
NET TRADE (2022)-$543M

In 2022, United States exported $457M in Molluscs. The main destinations of United States exports on Molluscs were China ($182M), Hong Kong ($58.8M), Canada ($47.8M), Japan ($23.9M), and Spain ($18.7M).

In 2022, United States imported $1B in Molluscs, mainly from Canada ($242M), China ($226M), Japan ($116M), India ($78.4M), and Mexico ($36.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molluscs EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$46.4M (34.1%)
Canada$19.6M (69.6%)
Spain$11.1M (145%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molluscs BY United States WERE (2021 - 2022):
Hong Kong-$4.2M (-6.67%)
Mexico-$1.07M (-22.5%)
Guatemala-$729k (-52.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Molluscs were:
China $2.77B
Spain $889M
Japan $839M
In 2022, United States's main importing competitors in Molluscs were:
China $1.71B
Spain $1.65B
Italy $1.2B

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Trade Value of Molluscs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $11.3M
TOP IMPORT POTENTIALCanada+ $59.6M

Molluscs’s highest export potential is Canada. With an export gap of $11.3M.   Molluscs’s highest import potential is Canada with an import gap of $59.6M.

See methodology.

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