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2023
Exports $8.05MWorld Rnk 6 / 72
Flag Rnk 1071 / 1217
2023
Destination $459k South Korea
2022 - 2023
FASTEST GROWING MARKET $459kSouth Korea
2023
Imports $120MWorld Rnk 1 / 102
Flag Rnk 836 / 1215
2023
Origin $19.5M Canada
2022 - 2023
FASTEST GROWING ORIGIN $19.5MCanada
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $8.05M in Rye, making it the 6th largest exporter of Rye in the world. At the same year, Rye was the 1071st most exported product in United States. The main destination of Rye exports from United States are: South Korea ($6.56M), Japan ($973k), Canada ($348k), Guyana ($64.6k), and Mexico ($40.5k).

The fastest growing export markets for Rye of United States between 2022 and 2023 were South Korea ($459k), Japan ($431k), and Canada ($268k).

Imports In 2023, United States imported $120M in Rye, becoming the 1st largest importer of Rye in the world. At the same year, Rye was the 836th most imported product in United States. United States imports Rye primarily from: Canada ($79.9M), Germany ($39.9M), Italy ($201k), Kenya ($27.4k), and United Kingdom ($10.9k).

The fastest growing import markets in Rye for United States between 2022 and 2023 were Canada ($19.5M), Germany ($8.95M), and Italy ($69.2k).

COMPANIES In 2024, leading companies such as Pirelli Tires (2), CNH Industrial (1), and Euromarket Designs (1) were at the forefront of shipping Rye to the United States.

Latest Trends

December 2024

About

Overview In December 2024 United States' Rye exports accounted up to $64.5k and imports accounted up to $2.27M, resulting in a negative trade balance of $2.21M. Between December 2023 and December 2024 the exports of United States'   Rye have decreased by $-66.2k (-50.6%) from $131k to $64.5k, while imports decreased by $-23.3k (-1.02%) from $2.29M to $2.27M.

Destinations In December 2024, Rye were exported mostly to Mexico ($64.5k), Japan ($0), South Korea ($0), Canada ($0), and British Virgin Islands ($0), and were imported mostly from Canada ($2.11M), Germany ($0), Italy ($0), and Poland ($0).

Growth In December 2024, the decrease in Rye's year-by-year exports was explained primarily by a decrease in exports to Japan ($-223k or -94.1%). In January 2025, the decrease in Rye's year-by-year imports was explained primarily by a decrease in imports from Canada ($-664k or -22.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-66.2k(-50.6%)
IMPORT GROWTH (January 2024 - January 2025)$-23.3k(-1.02%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Mexico$64.5k

This section shows Rye'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 Rye over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$8.05M
IMPORTS (2023)$120M
NET TRADE (2023)-$112M

In 2023, United States exported $8.05M in Rye. The main destinations of United States exports on Rye were South Korea ($6.56M), Japan ($973k), Canada ($348k), Guyana ($64.6k), and Mexico ($40.5k).

In 2023, United States imported $120M in Rye, mainly from Canada ($79.9M), Germany ($39.9M), Italy ($201k), Kenya ($27.4k), and United Kingdom ($10.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rye EXPORT MARKETS FOR United States WERE (2022 - 2023):
South Korea$459k (7.51%)
Japan$431k (79.6%)
Canada$268k (335%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rye BY United States WERE (2022 - 2023):
China-$101k (-100%)
Chile-$33.2k (-55.6%)
Bermuda-$20k (-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 Rye were:
Poland $126M
Germany $96.4M
Canada $81.6M
In 2023, United States's main importing competitors in Rye were:
Germany $111M
Netherlands $46.1M

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Trade Value of Rye by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $72.2k
TOP IMPORT POTENTIALItaly+ $146k

Rye’s highest export potential is Canada. With an export gap of $72.2k.   Rye’s highest import potential is Italy with an import gap of $146k.

See methodology.

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