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2022
Exports $147MWorld Rnk 6 / 159
Flag Rnk 662 / 1217
2022
Destination $9.23M Canada
2021 - 2022
FASTEST GROWING MARKET $9.23MCanada
2022
PRODUCT COMPLEXITY IN Yeast-0.47Rnk 690 / 1025
2022
Imports $439MWorld Rnk 1 / 222
Flag Rnk 575 / 1216
2022
Origin $35M Canada
2021 - 2022
FASTEST GROWING ORIGIN $35MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $147M in Yeast, making it the 6th largest exporter of Yeast in the world. At the same year, Yeast was the 662nd most exported product in United States. The main destination of Yeast exports from United States are: Canada ($59.3M), Mexico ($13.7M), Japan ($9.76M), South Korea ($7.48M), and China ($5.88M).

The fastest growing export markets for Yeast of United States between 2021 and 2022 were Canada ($9.23M), Italy ($1.72M), and Japan ($1.58M).

Imports In 2022, United States imported $439M in Yeast, becoming the 1st largest importer of Yeast in the world. At the same year, Yeast was the 575th most imported product in United States. United States imports Yeast primarily from: Canada ($163M), Mexico ($82.4M), Brazil ($49.4M), China ($25.7M), and Egypt ($23.3M).

The fastest growing import markets in Yeast for United States between 2021 and 2022 were Canada ($35M), Brazil ($21.8M), and France ($9.97M).

COMPANIES In 2023, leading companies such as Disney Cruise Line (95), John Deere (32), and LG Electronics (14) were at the forefront of shipping Yeast to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Yeast exports accounted up to $12.3M and imports accounted up to $45.6M, resulting in a negative trade balance of $33.3M. Between June 2023 and June 2024 the exports of United States'   Yeast have increased by $2.08M (20.3%) from $10.2M to $12.3M, while imports increased by $2.5M (5.8%) from $43.1M to $45.6M.

Destinations In June 2024, Yeast were exported mostly to Canada ($5.4M), Mexico ($1.47M), China ($1.03M), Japan ($521k), and South Korea ($356k), and were imported mostly from Canada ($14.7M), Mexico ($10.1M), Brazil ($4.19M), Belgium ($2.46M), and China ($1.6M).

Growth In June 2024, the increase in Yeast's year-by-year exports was explained primarily by an increase in exports to Canada ($1.67M or 43.6%), Netherlands ($510k or 450%), and Guatemala ($339k or 228%). In June 2024, the increase in Yeast's year-by-year imports was explained primarily by an increase in imports from Canada ($3.4M or 31.5%), Mexico ($1.92M or 29.1%), and France ($1.21M or 156%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$2.08M(20.3%)
IMPORT GROWTH (June 2023 - June 2024)$2.5M(5.8%)
MAIN EXPORTER (June 2024)Wisconsin$3.79M
MAIN DESTINATION (June 2024)Canada$5.4M

This section shows Yeast'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 Yeast over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$147M
IMPORTS (2022)$439M
NET TRADE (2022)-$292M

In 2022, United States exported $147M in Yeast. The main destinations of United States exports on Yeast were Canada ($59.3M), Mexico ($13.7M), Japan ($9.76M), South Korea ($7.48M), and China ($5.88M).

In 2022, United States imported $439M in Yeast, mainly from Canada ($163M), Mexico ($82.4M), Brazil ($49.4M), China ($25.7M), and Egypt ($23.3M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Yeast EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$9.23M (18.4%)
Italy$1.72M (476%)
Japan$1.58M (19.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Yeast BY United States WERE (2021 - 2022):
Mexico-$5.52M (-28.7%)
Brazil-$1.78M (-79.3%)
Singapore-$1.52M (-62.7%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Yeast were:
China $384M
Turkey $259M
France $247M
In 2022, United States's main importing competitors in Yeast were:
France $140M
Germany $100M

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Trade Value of Yeast by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $1.57M
TOP IMPORT POTENTIALChina+ $12.1M

Yeast’s highest export potential is United Kingdom. With an export gap of $1.57M.   Yeast’s highest import potential is China with an import gap of $12.1M.

See methodology.

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