Cassava in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $189M in Cassava, making it the 5th largest exporter of Cassava in the world. At the same year, Cassava was the 602nd most exported product in United States. The main destination of Cassava exports from United States are: Canada ($59M), Netherlands ($51M), United Kingdom ($37.9M), Germany ($6.74M), and Mexico ($5.87M).

The fastest growing export markets for Cassava of United States between 2021 and 2022 were Belgium ($1.21M), Poland ($945k), and Finland ($848k).

Imports In 2022, United States imported $150M in Cassava, becoming the 5th largest importer of Cassava in the world. At the same year, Cassava was the 805th most imported product in United States. United States imports Cassava primarily from: Costa Rica ($81.3M), China ($20.8M), Mexico ($12.5M), Dominican Republic ($9.03M), and Honduras ($5M).

The fastest growing import markets in Cassava for United States between 2021 and 2022 were Costa Rica ($14.6M), China ($7.49M), and Mexico ($6.05M).

COMPANIES In 2023, leading companies such as GOYA FOODS INC (500), WALONG MARKETING INC. (13), and WISMETTAC ASIAN FOODS,INC. (4) were at the forefront of shipping Cassava to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Cassava exports accounted up to $18.5M and imports accounted up to $33.3M, resulting in a negative trade balance of $14.8M. Between February 2023 and February 2024 the exports of United States' Cassava have decreased by $-3.01M (-14%) from $21.5M to $18.5M, while imports decreased by $-7.9M (-19.2%) from $41.2M to $33.3M.

Destinations In February 2024, Cassava were exported mostly to Canada ($7.41M), Netherlands ($5.12M), United Kingdom ($3.98M), Mexico ($537k), and Spain ($473k), and were imported mostly from Costa Rica ($11.1M), Ecuador ($5.09M), China ($4.55M), Jamaica ($3.61M), and Mexico ($1.6M).

Growth In February 2024, the decrease in Cassava's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-1.13M or -23.8%), Canada ($-395k or -5.49%), and France ($-133k or -89.9%). In February 2024, the decrease in Cassava's year-by-year imports was explained primarily by a decrease in imports from China ($-2.61M or -79.8%), Brazil ($-192k or -36%), and Peru ($-106k or -83.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-3.01M(-14%)

IMPORT GROWTH (February 2023 - February 2024)$-7.9M(-19.2%)

MAIN EXPORTER (February 2024)North Carolina$12.2M

MAIN DESTINATION (February 2024)Canada$7.41M

This section shows Cassava'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 Cassava over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$189M

IMPORTS (2022)$150M

NET TRADE (2022)$38.4M

In 2022, United States exported $189M in Cassava. The main destinations of United States exports on Cassava were Canada ($59M), Netherlands ($51M), United Kingdom ($37.9M), Germany ($6.74M), and Mexico ($5.87M).

In 2022, United States imported $150M in Cassava, mainly from Costa Rica ($81.3M), China ($20.8M), Mexico ($12.5M), Dominican Republic ($9.03M), and Honduras ($5M).

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