Homogenized or reconstituted tobacco in United States

EXPORTS (2019): $64.8M, World Rnk 3 / 72
Flag Rnk 1765 / 4634

TOP DESTINATION (2019): $20.1M, Dominican Republic

FASTEST GROWING MARKET (2018 - 2019): $6.65M, South Korea

IMPORTS (2019): $39.5M, World Rnk 2 / 117
Flag Rnk 2643 / 4597

TOP ORIGIN (2019): $26.8M, Dominican Republic

FASTEST GROWING ORIGIN (2018 - 2019): $1.83M, France

ECONOMIC COMPLEXITY of United States (2019): 1.59, Rnk 9 / 147

Exports: In 2019, United States exported $64.8M in Homogenized or reconstituted tobacco, making it the 3rd largest exporter of Homogenized or reconstituted tobacco in the world. At the same year, Homogenized or reconstituted tobacco was the 1765th most exported product in United States. The main destination of Homogenized or reconstituted tobacco exports from United States are: Dominican Republic ($20.1M), South Korea ($10.5M), Germany ($7.79M), Japan ($6.49M), and Hungary ($2.51M).

The fastest growing export markets for Homogenized or reconstituted tobacco of United States between 2018 and 2019 were South Korea ($6.65M), Germany ($6.3M), and Japan ($6.16M).

Imports: In 2019, United States imported $39.5M in Homogenized or reconstituted tobacco, becoming the 2nd largest importer of Homogenized or reconstituted tobacco in the world. At the same year, Homogenized or reconstituted tobacco was the 2643rd most imported product in United States. United States imports Homogenized or reconstituted tobacco primarily from: Dominican Republic ($26.8M), Mexico ($5.36M), France ($3.6M), Indonesia ($1.65M), and Brazil ($1.57M).

The fastest growing import markets in Homogenized or reconstituted tobacco for United States between 2018 and 2019 were France ($1.83M), Dominican Republic ($1.65M), and Mexico ($1.45M).

Tariffs: In 2017, the average tariff for United States in Homogenized or reconstituted tobacco was 326%. The countries with the highest import tariffs for Homogenized or reconstituted tobacco were Angola (350%), Burundi (350%), Benin (350%), Burkina Faso (350%), and Botswana (350%).

Overview: In March 2021 United States' Homogenized or reconstituted tobacco exports accounted up to $5.81M and imports accounted up to $3.71M, resulting in a positive trade balance of $2.11M. Between March 2020 and March 2021 the exports of United States'   Homogenized or reconstituted tobacco have decreased by $-1.29M (-18.1%) from $7.1M to $5.81M, while imports increased by $907k (32.4%) from $2.8M to $3.71M.

Destinations: In March 2021 Homogenized or reconstituted tobacco exported mostly to Dominican Republic ($2.91M), Turkey ($536k), Pakistan ($417k), Japan ($359k), and Germany ($318k), and imported mostly from Dominican Republic ($2.46M), Mexico ($428k), Brazil ($353k), Germany ($243k), and Indonesia ($225k).

Growth: In March 2021, the decrease in Homogenized or reconstituted tobacco's year-by-year exports was explained primarily by a decrease in exports to Japan ($-2.18M or -85.9%), Ukraine ($-723k or -92.4%), and Poland ($-248k or -97.4%). In March 2021, the increase in Homogenized or reconstituted tobacco's year-by-year imports was explained primarily by an increase in imports from Dominican Republic ($486k or 24.7%) and Mexico ($38.3k or 9.83%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (March 2020 - March 2021): $-1.29M, (-18.1%)

IMPORT GROWTH (March 2020 - March 2021): $907k, (32.4%)

MAIN EXPORTER (March 2021): New York, $2.24M

MAIN DESTINATION (March 2021): Dominican Republic, $2.91M

This section shows Homogenized or reconstituted tobacco'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 Homogenized or reconstituted tobacco over time.

Value

EXPORTS (2019): $64.8M

IMPORTS (2019): $39.5M

NET TRADE (2019): $25.3M

In 2019, United States exported $64.8M in Homogenized or reconstituted tobacco. The main destinations of United States exports on Homogenized or reconstituted tobacco were Dominican Republic ($20.1M), South Korea ($10.5M), Germany ($7.79M), Japan ($6.49M), and Hungary ($2.51M).

In 2019, United States imported $39.5M in Homogenized or reconstituted tobacco, mainly from Dominican Republic ($26.8M), Mexico ($5.36M), France ($3.6M), Indonesia ($1.65M), and Brazil ($1.57M).

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IN 2019, United States HAD A POSITIVE NET TRADE IN Homogenized or reconstituted tobacco WITH:

IN 2019, United States HAD A NEGATIVE NET TRADE IN Homogenized or reconstituted tobacco WITH:

Flow

THE FASTEST GROWING Homogenized or reconstituted tobacco EXPORT MARKETS FOR United States WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Homogenized or reconstituted tobacco BY United States WERE (2018 - 2019):

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Market Concentration

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Type

In 2018, United States's main exporting competitors in Homogenized or reconstituted tobacco were:

In 2018, United States's main importing competitors in Homogenized or reconstituted tobacco were:

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Tariffs by Country

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In 2017, the average tariff for United States in Homogenized or reconstituted tobacco was 326%.

The countries with the highest tariffs for Homogenized or reconstituted tobacco in United States were Angola (350%), Burundi (350%), Benin (350%), Burkina Faso (350%), and Botswana (350%).

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