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2022
Exports $2.25BWorld Rnk 5 / 169
Flag Rnk 139 / 1217
2022
Destination $134M Mexico
2021 - 2022
FASTEST GROWING MARKET $134MMexico
2022
PRODUCT COMPLEXITY IN Cheese-0.14Rnk 591 / 1025
2022
Imports $1.57BWorld Rnk 8 / 223
Flag Rnk 304 / 1216
2022
Origin $15.4M Italy
2021 - 2022
FASTEST GROWING ORIGIN $15.4MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $2.25B in Cheese, making it the 5th largest exporter of Cheese in the world. At the same year, Cheese was the 139th most exported product in United States. The main destination of Cheese exports from United States are: Mexico ($590M), South Korea ($359M), Japan ($227M), Australia ($129M), and Canada ($104M).

The fastest growing export markets for Cheese of United States between 2021 and 2022 were Mexico ($134M), South Korea ($71.5M), and Saudi Arabia ($25.6M).

Imports In 2022, United States imported $1.57B in Cheese, becoming the 8th largest importer of Cheese in the world. At the same year, Cheese was the 304th most imported product in United States. United States imports Cheese primarily from: Italy ($443M), France ($190M), Netherlands ($122M), Switzerland ($117M), and Spain ($93.7M).

The fastest growing import markets in Cheese for United States between 2021 and 2022 were Mexico ($15.4M), United Kingdom ($8.11M), and Canada ($7.7M).

COMPANIES In 2023, leading companies such as Prime Line Coffee (213), IKEA Group (156), and Goya Foods (134) were at the forefront of shipping Cheese to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Cheese exports accounted up to $184M and imports accounted up to $147M, resulting in a positive trade balance of $36.8M. Between June 2023 and June 2024 the exports of United States'   Cheese have increased by $5.98M (3.37%) from $178M to $184M, while imports increased by $12.4M (9.23%) from $135M to $147M.

Destinations In June 2024, Cheese were exported mostly to Mexico ($63.9M), South Korea ($19.3M), Japan ($15.3M), Canada ($11.6M), and Guatemala ($7.47M), and were imported mostly from Italy ($36.8M), France ($22.7M), Spain ($12M), Netherlands ($10.4M), and Greece ($8.41M).

Growth In June 2024, the increase in Cheese's year-by-year exports was explained primarily by an increase in exports to Mexico ($12M or 34.6%), Japan ($7.76M or 61.5%), and Australia ($4.32M or 44.8%). In June 2024, the increase in Cheese's year-by-year imports was explained primarily by an increase in imports from Netherlands ($4.43M or 115%), Italy ($3.2M or 9.03%), and Ireland ($3.15M or 105%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$5.98M(3.37%)
IMPORT GROWTH (June 2023 - June 2024)$12.4M(9.23%)
MAIN EXPORTER (June 2024)California$67.8M
MAIN DESTINATION (June 2024)Mexico$63.9M

This section shows Cheese'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 Cheese over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.25B
IMPORTS (2022)$1.57B
NET TRADE (2022)$676M

In 2022, United States exported $2.25B in Cheese. The main destinations of United States exports on Cheese were Mexico ($590M), South Korea ($359M), Japan ($227M), Australia ($129M), and Canada ($104M).

In 2022, United States imported $1.57B in Cheese, mainly from Italy ($443M), France ($190M), Netherlands ($122M), Switzerland ($117M), and Spain ($93.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cheese EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$134M (29.5%)
South Korea$71.5M (24.9%)
Saudi Arabia$25.6M (76.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cheese BY United States WERE (2021 - 2022):
China-$17.9M (-39%)
Chinese Taipei-$12.5M (-24.6%)
Malaysia-$6.46M (-29.3%)
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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 Cheese were:
Germany $6.23B
Netherlands $5.19B
Italy $4.66B
In 2022, United States's main importing competitors in Cheese were:
Germany $5.19B
France $2.8B
Italy $2.62B

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Trade Value of Cheese by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $48.7M
TOP IMPORT POTENTIALNetherlands+ $50.7M

Cheese’s highest export potential is Canada. With an export gap of $48.7M.   Cheese’s highest import potential is Netherlands with an import gap of $50.7M.

See methodology.

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