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Pricing

2022
Exports $827MWorld Rnk 1 / 98
Flag Rnk 284 / 1217
2022
Destination $77.1M Japan
2021 - 2022
FASTEST GROWING MARKET $77.1MJapan
2022
PRODUCT COMPLEXITY IN Water Soluble Proteins0.33Rnk 432 / 1025
2022
Imports $130MWorld Rnk 8 / 181
Flag Rnk 834 / 1216
2022
Origin $8.75M New Zealand
2021 - 2022
FASTEST GROWING ORIGIN $8.75MUnited Kingdom
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $827M in Water Soluble Proteins, making it the 1st largest exporter of Water Soluble Proteins in the world. At the same year, Water Soluble Proteins was the 284th most exported product in United States. The main destination of Water Soluble Proteins exports from United States are: Japan ($170M), Canada ($128M), China ($103M), South Korea ($63.5M), and Brazil ($50.3M).

The fastest growing export markets for Water Soluble Proteins of United States between 2021 and 2022 were Japan ($77.1M), Canada ($36.8M), and Brazil ($28.8M).

Imports In 2022, United States imported $130M in Water Soluble Proteins, becoming the 8th largest importer of Water Soluble Proteins in the world. At the same year, Water Soluble Proteins was the 834th most imported product in United States. United States imports Water Soluble Proteins primarily from: New Zealand ($49.6M), United Kingdom ($35.9M), Denmark ($13.4M), Ireland ($8.36M), and Germany ($4.39M).

The fastest growing import markets in Water Soluble Proteins for United States between 2021 and 2022 were United Kingdom ($8.75M), New Zealand ($5.07M), and Denmark ($2.74M).

COMPANIES In 2023, leading companies such as Walgreens (17), Goplus (15), and At Home Procurement (9) were at the forefront of shipping Water Soluble Proteins to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Water Soluble Proteins exports accounted up to $71.4M and imports accounted up to $16.2M, resulting in a positive trade balance of $55.2M. Between June 2023 and June 2024 the exports of United States'   Water Soluble Proteins have increased by $13.4M (23.2%) from $58M to $71.4M, while imports increased by $9.91M (158%) from $6.29M to $16.2M.

Destinations In June 2024, Water Soluble Proteins were exported mostly to Canada ($13M), China ($11.7M), Japan ($10.7M), Brazil ($9.77M), and Netherlands ($3.6M), and were imported mostly from Denmark ($5.72M), New Zealand ($4.8M), United Kingdom ($3.56M), Ireland ($582k), and Iceland ($318k).

Growth In June 2024, the increase in Water Soluble Proteins's year-by-year exports was explained primarily by an increase in exports to Brazil ($4.72M or 135%), Netherlands ($2.72M or 566%), and Japan ($2.25M or 28.8%). In June 2024, the increase in Water Soluble Proteins's year-by-year imports was explained primarily by an increase in imports from United Kingdom ($4.75M or 1.04k%), Denmark ($633k or 19.5%), and Ireland ($407k or 4k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$13.4M(23.2%)
IMPORT GROWTH (June 2023 - June 2024)$9.91M(158%)
MAIN EXPORTER (June 2024)California$28.3M
MAIN DESTINATION (June 2024)Canada$13M

This section shows Water Soluble Proteins'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 Water Soluble Proteins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$827M
IMPORTS (2022)$130M
NET TRADE (2022)$696M

In 2022, United States exported $827M in Water Soluble Proteins. The main destinations of United States exports on Water Soluble Proteins were Japan ($170M), Canada ($128M), China ($103M), South Korea ($63.5M), and Brazil ($50.3M).

In 2022, United States imported $130M in Water Soluble Proteins, mainly from New Zealand ($49.6M), United Kingdom ($35.9M), Denmark ($13.4M), Ireland ($8.36M), and Germany ($4.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Water Soluble Proteins EXPORT MARKETS FOR United States WERE (2021 - 2022):
Japan$77.1M (83.4%)
Canada$36.8M (40.2%)
Brazil$28.8M (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Water Soluble Proteins BY United States WERE (2021 - 2022):
France-$4.03M (-44.3%)
Poland-$3.85M (-88.5%)
New Zealand-$1.55M (-48.2%)
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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 Water Soluble Proteins were:
Netherlands $503M
Germany $491M
In 2022, United States's main importing competitors in Water Soluble Proteins were:
Japan $488M
China $392M
Netherlands $256M

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Trade Value of Water Soluble Proteins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $6.35M
TOP IMPORT POTENTIALGermany+ $4.16M

Water Soluble Proteins’s highest export potential is Germany. With an export gap of $6.35M.   Water Soluble Proteins’s highest import potential is Germany with an import gap of $4.16M.

See methodology.

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