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2022
Exports $5.71MWorld Rnk 1 / 45
Flag Rnk 1108 / 1217
2022
Destination $1.62M South Korea
2021 - 2022
FASTEST GROWING MARKET $1.62MSouth Korea
2022
Imports $6.24kWorld Rnk 26 / 51
Flag Rnk 1215 / 1216
2022
Origin $3.5k Japan
2021 - 2022
FASTEST GROWING ORIGIN $3.5kJapan
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $5.71M in Wine Lees, making it the 1st largest exporter of Wine Lees in the world. At the same year, Wine Lees was the 1108th most exported product in United States. The main destination of Wine Lees exports from United States are: South Korea ($4.81M), Spain ($768k), Uruguay ($93.8k), Argentina ($34.1k), and Venezuela ($4.9k).

The fastest growing export markets for Wine Lees of United States between 2021 and 2022 were South Korea ($1.62M), Uruguay ($93.8k), and Argentina ($34.1k).

Imports In 2022, United States imported $6.24k in Wine Lees, becoming the 26th largest importer of Wine Lees in the world. At the same year, Wine Lees was the 1215th most imported product in United States. United States imports Wine Lees primarily from: Japan ($3.5k), South Korea ($2.04k), and France ($706).

The fastest growing import markets in Wine Lees for United States between 2021 and 2022 were Japan ($3.5k), South Korea ($2.04k), and France ($706).

COMPANIES In 2023, leading companies such as Intercontinental Packaging (24), Palm Bay International (13), and Disney Cruise Line (6) were at the forefront of shipping Wine Lees to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Wine Lees exports accounted up to $504k and imports accounted up to $52.2k, resulting in a positive trade balance of $452k. Between June 2023 and June 2024 the exports of United States'   Wine Lees have increased by $145k (40.5%) from $359k to $504k, while imports increased by $52.2k (N/A%) from $0 to $52.2k.

Destinations In June 2024, Wine Lees were exported mostly to South Korea ($321k), Spain ($183k), Hong Kong ($0), Singapore ($0), and Netherlands ($0), and were imported mostly from Italy ($52.2k) and Brazil ($0).

Growth In June 2024, the increase in Wine Lees's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Wine Lees's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$145k(40.5%)
IMPORT GROWTH (April 2023 - June 2024)$52.2k(N/A%)
MAIN EXPORTER (June 2024)California$321k
MAIN DESTINATION (June 2024)South Korea$321k

This section shows Wine Lees'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 Wine Lees over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.71M
IMPORTS (2022)$6.24k
NET TRADE (2022)$5.7M

In 2022, United States exported $5.71M in Wine Lees. The main destinations of United States exports on Wine Lees were South Korea ($4.81M), Spain ($768k), Uruguay ($93.8k), Argentina ($34.1k), and Venezuela ($4.9k).

In 2022, United States imported $6.24k in Wine Lees, mainly from Japan ($3.5k), South Korea ($2.04k), and France ($706).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wine Lees EXPORT MARKETS FOR United States WERE (2021 - 2022):
South Korea$1.62M (50.7%)
Uruguay$93.8k (1%)
Argentina$34.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine Lees BY United States WERE (2021 - 2022):
Spain-$327k (-29.8%)
Chile-$166k (-100%)
Barbados-$25k (-100%)
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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 Wine Lees were:
France $2.03M
Spain $1.3M
In 2022, United States's main importing competitors in Wine Lees were:
South Korea $4.81M
Italy $3.09M
Spain $2.58M

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Trade Value of Wine Lees by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Wine Lees’s highest export potential is N/A. With an export gap of N/A.   Wine Lees’s highest import potential is N/A with an import gap of N/A.

See methodology.

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