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2022
Exports $329MWorld Rnk 12 / 192
Flag Rnk 477 / 1217
2022
Destination $8.27M Canada
2021 - 2022
FASTEST GROWING MARKET $8.27MCanada
2022
PRODUCT COMPLEXITY IN Tropical Fruits-1.79Rnk 981 / 1025
2022
Imports $4.75BWorld Rnk 1 / 217
Flag Rnk 124 / 1216
2022
Origin $245M Mexico
2021 - 2022
FASTEST GROWING ORIGIN $245MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $329M in Tropical Fruits, making it the 12th largest exporter of Tropical Fruits in the world. At the same year, Tropical Fruits was the 477th most exported product in United States. The main destination of Tropical Fruits exports from United States are: Canada ($234M), Mexico ($27.4M), Australia ($9.73M), United Kingdom ($7.32M), and South Korea ($4.63M).

The fastest growing export markets for Tropical Fruits of United States between 2021 and 2022 were Canada ($8.27M), Netherlands ($1.37M), and Kuwait ($1.28M).

Imports In 2022, United States imported $4.75B in Tropical Fruits, becoming the 1st largest importer of Tropical Fruits in the world. At the same year, Tropical Fruits was the 124th most imported product in United States. United States imports Tropical Fruits primarily from: Mexico ($3.35B), Costa Rica ($577M), Peru ($323M), Dominican Republic ($71.2M), and Ecuador ($53.8M).

The fastest growing import markets in Tropical Fruits for United States between 2021 and 2022 were Mexico ($245M), Peru ($49.5M), and Colombia ($37.1M).

COMPANIES In 2023, leading companies such as Del Monte Foods (3.94k), Chestnut Hill Farms (2.67k), and Chiquita (2.66k) were at the forefront of shipping Tropical Fruits to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Tropical Fruits exports accounted up to $33.3M and imports accounted up to $527M, resulting in a negative trade balance of $494M. Between August 2023 and August 2024 the exports of United States'   Tropical Fruits have increased by $6.74M (25.4%) from $26.5M to $33.3M, while imports increased by $64.7M (14%) from $462M to $527M.

Destinations In August 2024, Tropical Fruits were exported mostly to Canada ($28.4M), Australia ($949k), Mexico ($750k), Germany ($517k), and Cayman Islands ($332k), and were imported mostly from Mexico ($399M), Costa Rica ($61.7M), Peru ($35.2M), Thailand ($6.68M), and Colombia ($4.88M).

Growth In August 2024, the increase in Tropical Fruits's year-by-year exports was explained primarily by an increase in exports to Australia ($1.44M or 105%), Malaysia ($425k or 86%), and Trinidad and Tobago ($47.3k or 257%). In August 2024, the increase in Tropical Fruits's year-by-year imports was explained primarily by an increase in imports from Peru ($7.2M or 24.9%), Costa Rica ($7.13M or 15.4%), and Tunisia ($1.46M or 259%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$6.74M(25.4%)
IMPORT GROWTH (August 2023 - August 2024)$64.7M(14%)
MAIN EXPORTER (August 2024)Texas$17M
MAIN DESTINATION (August 2024)Canada$28.4M

This section shows Tropical Fruits'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 Tropical Fruits over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$329M
IMPORTS (2022)$4.75B
NET TRADE (2022)-$4.42B

In 2022, United States exported $329M in Tropical Fruits. The main destinations of United States exports on Tropical Fruits were Canada ($234M), Mexico ($27.4M), Australia ($9.73M), United Kingdom ($7.32M), and South Korea ($4.63M).

In 2022, United States imported $4.75B in Tropical Fruits, mainly from Mexico ($3.35B), Costa Rica ($577M), Peru ($323M), Dominican Republic ($71.2M), and Ecuador ($53.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tropical Fruits EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$8.27M (3.66%)
Netherlands$1.37M (42.3%)
Kuwait$1.28M (91.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tropical Fruits BY United States WERE (2021 - 2022):
Mexico-$18.8M (-40.7%)
South Korea-$5.69M (-55.1%)
Japan-$5.63M (-66.6%)
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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 Tropical Fruits were:
Mexico $3.9B
Peru $1.32B
Netherlands $1.25B
In 2022, United States's main importing competitors in Tropical Fruits were:
Netherlands $1.3B
China $862M

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Trade Value of Tropical Fruits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $5.52M
TOP IMPORT POTENTIALPeru+ $60M

Tropical Fruits’s highest export potential is Netherlands. With an export gap of $5.52M.   Tropical Fruits’s highest import potential is Peru with an import gap of $60M.

See methodology.

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