Dried Legumes in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $884M in Dried Legumes, making it the 5th largest exporter of Dried Legumes in the world. At the same year, Dried Legumes was the 276th most exported product in United States. The main destination of Dried Legumes exports from United States are: Canada ($151M), Mexico ($120M), Ethiopia ($58.5M), Italy ($57.5M), and Dominican Republic ($49.2M).

The fastest growing export markets for Dried Legumes of United States between 2021 and 2022 were Ethiopia ($27.3M), Sudan ($14.5M), and Hungary ($11.8M).

Imports In 2022, United States imported $693M in Dried Legumes, becoming the 5th largest importer of Dried Legumes in the world. At the same year, Dried Legumes was the 469th most imported product in United States. United States imports Dried Legumes primarily from: Canada ($398M), Mexico ($56.5M), India ($52.8M), Nicaragua ($46.6M), and China ($24.6M).

The fastest growing import markets in Dried Legumes for United States between 2021 and 2022 were Canada ($95.2M), Nicaragua ($16.1M), and Mexico ($15.5M).

COMPANIES In 2023, leading companies such as GOYA FOODS INC (510), LG ELECTRONICS USA (147), and IKEA SUPPLY AG (114) were at the forefront of shipping Dried Legumes to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Dried Legumes exports accounted up to $112M and imports accounted up to $52.6M, resulting in a positive trade balance of $59.6M. Between February 2023 and February 2024 the exports of United States' Dried Legumes have increased by $28.2M (33.6%) from $83.9M to $112M, while imports decreased by $-3.9M (-6.91%) from $56.5M to $52.6M.

Destinations In February 2024, Dried Legumes were exported mostly to Mexico ($37.5M), Canada ($16.7M), Dominican Republic ($7.5M), Spain ($4.8M), and Italy ($4.77M), and were imported mostly from Canada ($30.1M), India ($4.91M), Mexico ($4.27M), Nicaragua ($2.61M), and China ($2.48M).

Growth In February 2024, the increase in Dried Legumes's year-by-year exports was explained primarily by an increase in exports to Mexico ($8.79M or 105%), Canada ($4.2M or 45.5%), and Spain ($2.98M or 180%). In February 2024, the decrease in Dried Legumes's year-by-year imports was explained primarily by a decrease in imports from Mexico ($-1.06M or -25.3%), Turkey ($-651k or -58.3%), and China ($-641k or -36.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$28.2M(33.6%)

IMPORT GROWTH (February 2023 - February 2024)$-3.9M(-6.91%)

MAIN EXPORTER (February 2024)North Dakota$23.1M

MAIN DESTINATION (February 2024)Mexico$37.5M

This section shows Dried Legumes'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 Dried Legumes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$884M

IMPORTS (2022)$693M

NET TRADE (2022)$191M

In 2022, United States exported $884M in Dried Legumes. The main destinations of United States exports on Dried Legumes were Canada ($151M), Mexico ($120M), Ethiopia ($58.5M), Italy ($57.5M), and Dominican Republic ($49.2M).

In 2022, United States imported $693M in Dried Legumes, mainly from Canada ($398M), Mexico ($56.5M), India ($52.8M), Nicaragua ($46.6M), and China ($24.6M).

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