Coffee and Tea Extracts in   United States

Overview In February 2024 United States' Coffee and Tea Extracts exports accounted up to $28.9M and imports accounted up to $80.8M, resulting in a negative trade balance of $51.9M. Between February 2023 and February 2024 the exports of United States'   Coffee and Tea Extracts have decreased by $-2.23M (-7.17%) from $31.1M to $28.9M, while imports increased by $4.5M (5.9%) from $76.3M to $80.8M.

Destinations In February 2024, Coffee and Tea Extracts were exported mostly to Canada ($12.1M), Mexico ($3.66M), Vietnam ($1.57M), Netherlands ($1.46M), and Thailand ($1.44M), and were imported mostly from Mexico ($22.9M), Brazil ($9.56M), Colombia ($7.91M), India ($6.04M), and Netherlands ($5.61M).

Growth In February 2024, the decrease in Coffee and Tea Extracts's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-3.69M or -67.3%), Belize ($-412k or -99%), and Brazil ($-314k or -91%). In February 2024, the increase in Coffee and Tea Extracts's year-by-year imports was explained primarily by an increase in imports from Brazil ($5.33M or 45.2%), Colombia ($3.52M or 36.4%), and Mexico ($3.18M or 38.5%).