Industrial Food Preperation Machinery in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $1.03B in Industrial Food Preperation Machinery, making it the 5th largest exporter of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 252nd most exported product in United States. The main destination of Industrial Food Preperation Machinery exports from United States are: Canada ($199M), Mexico ($101M), United Kingdom ($55.9M), China ($50.4M), and Netherlands ($48.6M).

The fastest growing export markets for Industrial Food Preperation Machinery of United States between 2021 and 2022 were Canada ($26.1M), China ($18.6M), and United Kingdom ($16.7M).

Imports In 2022, United States imported $2.13B in Industrial Food Preperation Machinery, becoming the 1st largest importer of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 235th most imported product in United States. United States imports Industrial Food Preperation Machinery primarily from: Germany ($452M), Netherlands ($293M), Italy ($276M), China ($190M), and Canada ($149M).

The fastest growing import markets in Industrial Food Preperation Machinery for United States between 2021 and 2022 were China ($44.9M), Germany ($34.6M), and Spain ($31M).

COMPANIES In 2023, leading companies such as BARRY CALLEBAUT USA, LLC (45), IKEA SUPPLY AG (13), and COSTCO WHOLESALE COPRORATION (10) were at the forefront of shipping Industrial Food Preperation Machinery to the United States.

Latest Trends

February 2024

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Overview In February 2024 United States' Industrial Food Preperation Machinery exports accounted up to $85.2M and imports accounted up to $173M, resulting in a negative trade balance of $87.8M. Between February 2023 and February 2024 the exports of United States' Industrial Food Preperation Machinery have increased by $6.63M (8.44%) from $78.5M to $85.2M, while imports decreased by $-882k (-0.51%) from $174M to $173M.

Destinations In February 2024, Industrial Food Preperation Machinery were exported mostly to Canada ($17.9M), Mexico ($8.1M), United Kingdom ($5.54M), Netherlands ($4.5M), and Australia ($4.42M), and were imported mostly from Germany ($43.9M), Italy ($28.2M), Netherlands ($17M), Canada ($15.1M), and Denmark ($11.4M).

Growth In February 2024, the increase in Industrial Food Preperation Machinery's year-by-year exports was explained primarily by an increase in exports to Argentina ($2.91M or 387%), South Africa ($2.9M or 412%), and Peru ($2.02M or 506%). In February 2024, the decrease in Industrial Food Preperation Machinery's year-by-year imports was explained primarily by a decrease in imports from Japan ($-5.28M or -57.6%), South Korea ($-1.68M or -63%), and China ($-957k or -8.17%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$6.63M(8.44%)

IMPORT GROWTH (February 2023 - February 2024)$-882k(-0.51%)

MAIN EXPORTER (February 2024)California$15M

MAIN DESTINATION (February 2024)Canada$17.9M

This section shows Industrial Food Preperation Machinery'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 Industrial Food Preperation Machinery over time.

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