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2022
Exports $911MWorld Rnk 2 / 126
Flag Rnk 273 / 1217
2022
Destination $32.7M China
2021 - 2022
FASTEST GROWING MARKET $32.7MIndonesia
2022
PRODUCT COMPLEXITY IN Animal Meal and Pellets-1.49Rnk 946 / 1025
2022
Imports $241MWorld Rnk 9 / 173
Flag Rnk 721 / 1216
2022
Origin $24.3M Chile
2021 - 2022
FASTEST GROWING ORIGIN $24.3MAustralia
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $911M in Animal Meal and Pellets, making it the 2nd largest exporter of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 273rd most exported product in United States. The main destination of Animal Meal and Pellets exports from United States are: China ($211M), Indonesia ($201M), Vietnam ($100M), Canada ($97.4M), and Mexico ($76.5M).

The fastest growing export markets for Animal Meal and Pellets of United States between 2021 and 2022 were Indonesia ($32.7M), Philippines ($21.5M), and Ecuador ($12.3M).

Imports In 2022, United States imported $241M in Animal Meal and Pellets, becoming the 9th largest importer of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 721st most imported product in United States. United States imports Animal Meal and Pellets primarily from: Chile ($62.2M), Australia ($58.9M), France ($19.7M), Norway ($16.7M), and New Zealand ($15.2M).

The fastest growing import markets in Animal Meal and Pellets for United States between 2021 and 2022 were Australia ($24.3M), Chile ($9.14M), and Poland ($6.43M).

COMPANIES In 2023, leading companies such as Mahle Behr (3) and JBS Foods (1) were at the forefront of shipping Animal Meal and Pellets to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Animal Meal and Pellets exports accounted up to $80.5M and imports accounted up to $19.8M, resulting in a positive trade balance of $60.8M. Between June 2023 and June 2024 the exports of United States'   Animal Meal and Pellets have increased by $7.37M (10.1%) from $73.2M to $80.5M, while imports decreased by $-1.9M (-8.78%) from $21.7M to $19.8M.

Destinations In June 2024, Animal Meal and Pellets were exported mostly to China ($20.1M), Vietnam ($14M), Indonesia ($9.95M), Canada ($8.8M), and Mexico ($7.82M), and were imported mostly from Chile ($5.62M), Brazil ($4.18M), Australia ($3.03M), Mexico ($1.25M), and Norway ($1.18M).

Growth In June 2024, the increase in Animal Meal and Pellets's year-by-year exports was explained primarily by an increase in exports to China ($11.1M or 137%), Mexico ($1.67M or 29.8%), and Ecuador ($1.58M or 63.5%). In June 2024, the decrease in Animal Meal and Pellets's year-by-year imports was explained primarily by a decrease in imports from Belgium ($-341k or -58.1%), Denmark ($-316k or -76.7%), and Germany ($-87.7k or -60.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$7.37M(10.1%)
IMPORT GROWTH (June 2023 - June 2024)$-1.9M(-8.78%)
MAIN EXPORTER (June 2024)Alaska$17.8M
MAIN DESTINATION (June 2024)China$20.1M

This section shows Animal Meal and Pellets'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 Animal Meal and Pellets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$911M
IMPORTS (2022)$241M
NET TRADE (2022)$671M

In 2022, United States exported $911M in Animal Meal and Pellets. The main destinations of United States exports on Animal Meal and Pellets were China ($211M), Indonesia ($201M), Vietnam ($100M), Canada ($97.4M), and Mexico ($76.5M).

In 2022, United States imported $241M in Animal Meal and Pellets, mainly from Chile ($62.2M), Australia ($58.9M), France ($19.7M), Norway ($16.7M), and New Zealand ($15.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Meal and Pellets EXPORT MARKETS FOR United States WERE (2021 - 2022):
Indonesia$32.7M (19.5%)
Philippines$21.5M (56.5%)
Ecuador$12.3M (36.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Meal and Pellets BY United States WERE (2021 - 2022):
China-$25.9M (-10.9%)
Mexico-$21.4M (-21.9%)
Canada-$7.3M (-6.97%)
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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 Animal Meal and Pellets were:
Peru $1.88B
Chile $423M
In 2022, United States's main importing competitors in Animal Meal and Pellets were:
China $2.9B
Vietnam $626M
Norway $481M

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Trade Value of Animal Meal and Pellets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $27.5M
TOP IMPORT POTENTIALMexico+ $11.2M

Animal Meal and Pellets’s highest export potential is China. With an export gap of $27.5M.   Animal Meal and Pellets’s highest import potential is Mexico with an import gap of $11.2M.

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