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2023
Exports $35.3MWorld Rnk 17 / 63
Flag Rnk 886 / 1217
2023
Destination $8.28M China
2022 - 2023
FASTEST GROWING MARKET $8.28MChina
2023
PRODUCT COMPLEXITY IN Pigs0.34Rnk 443 / 1025
2023
Imports $475MWorld Rnk 3 / 111
Flag Rnk 533 / 1215
2023
Origin $163k Canada
2022 - 2023
FASTEST GROWING ORIGIN $163kSpain
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $35.3M in Pigs, making it the 17th largest exporter of Pigs in the world. At the same year, Pigs was the 886th most exported product in United States. The main destination of Pigs exports from United States are: China ($13.8M), Brazil ($7.26M), Mexico ($4.62M), Canada ($2.09M), and Chile ($1.62M).

The fastest growing export markets for Pigs of United States between 2022 and 2023 were China ($8.28M), Brazil ($6.62M), and Mexico ($1.33M).

Imports In 2023, United States imported $475M in Pigs, becoming the 3rd largest importer of Pigs in the world. At the same year, Pigs was the 533rd most imported product in United States. United States imports Pigs primarily from: Canada ($474M) and Spain ($163k).

The fastest growing import markets in Pigs for United States between 2022 and 2023 were Spain ($163k).

COMPANIES In 2023, leading companies such as Volvo (21), Mercedes-Benz (19), and ZF Friedrichshafen (5) were at the forefront of shipping Pigs to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Pigs exports accounted up to $2.41M and imports accounted up to $45.9M, resulting in a negative trade balance of $43.5M. Between November 2023 and November 2024 the exports of United States'   Pigs have increased by $1.48M (160%) from $924k to $2.41M, while imports increased by $4.37M (10.5%) from $41.6M to $45.9M.

Destinations In November 2024, Pigs were exported mostly to Mexico ($2.09M), Japan ($129k), Chile ($128k), Costa Rica ($24.9k), and Singapore ($16.3k), and were imported mostly from Canada ($45.9M).

Growth In November 2024, the increase in Pigs's year-by-year exports was explained primarily by an increase in exports to Mexico ($304k or 248%) and Canada ($143k or 128%). In November 2024, the increase in Pigs's year-by-year imports was explained primarily by an increase in imports from Canada ($5.26M or 13.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$1.48M(160%)
IMPORT GROWTH (November 2023 - November 2024)$4.37M(10.5%)
MAIN EXPORTER (November 2024)Illinois$3.54M
MAIN DESTINATION (November 2024)Mexico$2.09M

This section shows Pigs'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 Pigs over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$35.3M
IMPORTS (2023)$475M
NET TRADE (2023)-$439M

In 2023, United States exported $35.3M in Pigs. The main destinations of United States exports on Pigs were China ($13.8M), Brazil ($7.26M), Mexico ($4.62M), Canada ($2.09M), and Chile ($1.62M).

In 2023, United States imported $475M in Pigs, mainly from Canada ($474M) and Spain ($163k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pigs EXPORT MARKETS FOR United States WERE (2022 - 2023):
China$8.28M (150%)
Brazil$6.62M (1.03k%)
Mexico$1.33M (40.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pigs BY United States WERE (2022 - 2023):
Vietnam-$627k (-99.4%)
Canada-$473k (-18.5%)
Dominican Republic-$325k (-88.5%)
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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 Pigs were:
Denmark $1.58B
Netherlands $896M
Canada $484M
In 2023, United States's main importing competitors in Pigs were:
Germany $1.16B
Poland $847M

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Trade Value of Pigs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $339k
TOP IMPORT POTENTIALNetherlands+ $792k

Pigs’s highest export potential is Hong Kong. With an export gap of $339k.   Pigs’s highest import potential is Netherlands with an import gap of $792k.

See methodology.

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