2018
Exports
$5.98BWorld Rnk 2 / 133
Flag Rnk 53 / 1217
2023
PRODUCT COMPLEXITY IN Pig Meat
0.65Rnk 305 / 1025
2018
Imports
$1.38BWorld Rnk 8 / 219
Flag Rnk 302 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2018, United States exported $5.98B in Pig Meat, making it the 2nd largest exporter of Pig Meat in the world. At the same year, Pig Meat was the 53rd most exported product in United States. The main destination of Pig Meat exports from United States are: Mexico ($2.28B), Japan ($1B), South Korea ($598M), Canada ($438M), and China ($306M).

The fastest growing export markets for Pig Meat of United States between 2022 and 2023 were Mexico ($126M), Australia ($97.5M), and South Korea ($90.1M).

Imports In 2023, United States imported $1.38B in Pig Meat, becoming the 8th largest importer of Pig Meat in the world. At the same year, Pig Meat was the 302nd most imported product in United States. United States imports Pig Meat primarily from: Canada ($896M), Mexico ($135M), Denmark ($104M), Brazil ($72.5M), and Spain ($40M).

The fastest growing import markets in Pig Meat for United States between 2022 and 2023 were Italy ($3.06M), Brazil ($2.95M), and Australia ($110k).

COMPANIES In 2023, leading companies such as Goya Foods (261), JBS Foods (25), and Lawrence Wholesale (24) were at the forefront of shipping Pig Meat to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$52.5M(9.68%)
IMPORT GROWTH (November 2023 - November 2024)$2.49M(2.03%)
MAIN EXPORTER (November 2024)Iowa$131M
MAIN DESTINATION (November 2024)Mexico$194M

This section shows Pig Meat'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 Pig Meat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$5.98B
IMPORTS (2023)$1.38B
NET TRADE (2023)$4.6B

In 2023, United States exported $5.98B in Pig Meat. The main destinations of United States exports on Pig Meat were Mexico ($2.28B), Japan ($1B), South Korea ($598M), Canada ($438M), and China ($306M).

In 2023, United States imported $1.38B in Pig Meat, mainly from Canada ($896M), Mexico ($135M), Denmark ($104M), Brazil ($72.5M), and Spain ($40M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pig Meat EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$126M (5.85%)
Australia$97.5M (93.4%)
South Korea$90.1M (17.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Meat BY United States WERE (2022 - 2023):
China-$105M (-25.6%)
Japan-$43.7M (-4.17%)
Hong Kong-$6.37M (-35.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Pig Meat were:
Spain $6.54B
Germany $4.08B
In 2023, United States's main importing competitors in Pig Meat were:
Japan $3.79B
China $3.27B
Italy $3.16B

Explore Visualizations

Trade Value of Pig Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $127M
TOP IMPORT POTENTIALCanada+ $103M

Pig Meat’s highest export potential is China. With an export gap of $127M.   Pig Meat’s highest import potential is Canada with an import gap of $103M.

See methodology.

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