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2022
Exports $68MWorld Rnk 4 / 120
Flag Rnk 816 / 1217
2022
Destination $5.96M South Korea
2021 - 2022
FASTEST GROWING MARKET $5.96MPanama
2022
PRODUCT COMPLEXITY IN Other Vegetable Residues and Waste-1.12Rnk 861 / 1025
2022
Imports $67.9MWorld Rnk 5 / 170
Flag Rnk 926 / 1216
2022
Origin $11.6M Canada
2021 - 2022
FASTEST GROWING ORIGIN $11.6MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $68M in Other Vegetable Residues and Waste, making it the 4th largest exporter of Other Vegetable Residues and Waste in the world. At the same year, Other Vegetable Residues and Waste was the 816th most exported product in United States. The main destination of Other Vegetable Residues and Waste exports from United States are: South Korea ($14.8M), China ($8.12M), Panama ($7.33M), Ireland ($7.12M), and Canada ($4.87M).

The fastest growing export markets for Other Vegetable Residues and Waste of United States between 2021 and 2022 were Panama ($5.96M), South Korea ($5.61M), and Germany ($1.47M).

Imports In 2022, United States imported $67.9M in Other Vegetable Residues and Waste, becoming the 5th largest importer of Other Vegetable Residues and Waste in the world. At the same year, Other Vegetable Residues and Waste was the 926th most imported product in United States. United States imports Other Vegetable Residues and Waste primarily from: Canada ($37.2M), Netherlands ($6.96M), China ($6.69M), Germany ($4.99M), and Australia ($3.34M).

The fastest growing import markets in Other Vegetable Residues and Waste for United States between 2021 and 2022 were Canada ($11.6M), Germany ($1.92M), and Poland ($1.72M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (1), MerchSource (1), and CrimsonLogic (1) were at the forefront of shipping Other Vegetable Residues and Waste to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Other Vegetable Residues and Waste exports accounted up to $4.46M and imports accounted up to $5.65M, resulting in a negative trade balance of $1.19M. Between August 2023 and August 2024 the exports of United States'   Other Vegetable Residues and Waste have increased by $92.9k (2.13%) from $4.37M to $4.46M, while imports decreased by $-888k (-13.6%) from $6.54M to $5.65M.

Destinations In August 2024, Other Vegetable Residues and Waste were exported mostly to Thailand ($1.24M), South Korea ($1.22M), Germany ($340k), Canada ($213k), and China ($201k), and were imported mostly from Canada ($3.71M), Germany ($1.66M), Honduras ($125k), Philippines ($52k), and Japan ($37.4k).

Growth In August 2024, the increase in Other Vegetable Residues and Waste's year-by-year exports was explained primarily by an increase in exports to Germany ($648k or 1.42k%), South Korea ($493k or 29.6%), and Chile ($229k or 8.75k%). In August 2024, the decrease in Other Vegetable Residues and Waste's year-by-year imports was explained primarily by a decrease in imports from Honduras ($-110k or -59%) and Norway ($-99.8k or -63.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$92.9k(2.13%)
IMPORT GROWTH (August 2023 - August 2024)$-888k(-13.6%)
MAIN EXPORTER (August 2024)California$2.19M
MAIN DESTINATION (August 2024)Thailand$1.24M

This section shows Other Vegetable Residues and Waste'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 Other Vegetable Residues and Waste over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$68M
IMPORTS (2022)$67.9M
NET TRADE (2022)$120k

In 2022, United States exported $68M in Other Vegetable Residues and Waste. The main destinations of United States exports on Other Vegetable Residues and Waste were South Korea ($14.8M), China ($8.12M), Panama ($7.33M), Ireland ($7.12M), and Canada ($4.87M).

In 2022, United States imported $67.9M in Other Vegetable Residues and Waste, mainly from Canada ($37.2M), Netherlands ($6.96M), China ($6.69M), Germany ($4.99M), and Australia ($3.34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Residues and Waste EXPORT MARKETS FOR United States WERE (2021 - 2022):
Panama$5.96M (435%)
South Korea$5.61M (61.3%)
Germany$1.47M (118%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Residues and Waste BY United States WERE (2021 - 2022):
Burma-$9.3M (-80.9%)
China-$9.17M (-53%)
Thailand-$1.73M (-81.4%)
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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 Other Vegetable Residues and Waste were:
Argentina $331M
China $119M
Brazil $98.8M
In 2022, United States's main importing competitors in Other Vegetable Residues and Waste were:
United Kingdom $158M
Ireland $137M
Japan $118M

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Trade Value of Other Vegetable Residues and Waste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $1.22M
TOP IMPORT POTENTIALChina+ $1.31M

Other Vegetable Residues and Waste’s highest export potential is United Kingdom. With an export gap of $1.22M.   Other Vegetable Residues and Waste’s highest import potential is China with an import gap of $1.31M.

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