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2022
Exports $2.15BWorld Rnk 1 / 202
Flag Rnk 145 / 1217
2022
Destination $69.5M Canada
2021 - 2022
FASTEST GROWING MARKET $69.5MMexico
2022
PRODUCT COMPLEXITY IN Sauces and Seasonings-0.62Rnk 736 / 1025
2022
Imports $2.23BWorld Rnk 1 / 225
Flag Rnk 228 / 1216
2022
Origin $94.2M Canada
2021 - 2022
FASTEST GROWING ORIGIN $94.2MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $2.15B in Sauces and Seasonings, making it the 1st largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 145th most exported product in United States. The main destination of Sauces and Seasonings exports from United States are: Canada ($743M), Mexico ($392M), Saudi Arabia ($64.7M), Chile ($63M), and Japan ($60.8M).

The fastest growing export markets for Sauces and Seasonings of United States between 2021 and 2022 were Mexico ($69.5M), Canada ($68.1M), and Australia ($14.7M).

Imports In 2022, United States imported $2.23B in Sauces and Seasonings, becoming the 1st largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 228th most imported product in United States. United States imports Sauces and Seasonings primarily from: Canada ($519M), Mexico ($397M), Italy ($391M), China ($163M), and Thailand ($127M).

The fastest growing import markets in Sauces and Seasonings for United States between 2021 and 2022 were Canada ($94.2M), Mexico ($85.5M), and Italy ($41.4M).

COMPANIES In 2023, leading companies such as WALONG MARKETING INC. (236), WISMETTAC ASIAN FOODS,INC. (169), and CERTIFIED ORIGINS INC (117) were at the forefront of shipping Sauces and Seasonings to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Sauces and Seasonings exports accounted up to $198M and imports accounted up to $221M, resulting in a negative trade balance of $23.4M. Between February 2023 and February 2024 the exports of United States'   Sauces and Seasonings have increased by $29M (17.2%) from $169M to $198M, while imports increased by $80M (56.7%) from $141M to $221M.

Destinations In February 2024, Sauces and Seasonings were exported mostly to Canada ($74.5M), Mexico ($34.3M), Saudi Arabia ($7.28M), United Arab Emirates ($5.21M), and Japan ($4.96M), and were imported mostly from Italy ($66.9M), Canada ($47.4M), Mexico ($34.4M), China ($10.7M), and Thailand ($9.19M).

Growth In February 2024, the increase in Sauces and Seasonings's year-by-year exports was explained primarily by an increase in exports to Canada ($11.2M or 20.6%), Mexico ($7.56M or 30.6%), and Japan ($3.37M or 94.6%). In February 2024, the increase in Sauces and Seasonings's year-by-year imports was explained primarily by an increase in imports from Mexico ($8.66M or 43.4%), Canada ($2.64M or 6.59%), and Netherlands ($2.23M or 467%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$29M(17.2%)
IMPORT GROWTH (February 2023 - February 2024)$80M(56.7%)
MAIN EXPORTER (February 2024)California$42.7M
MAIN DESTINATION (February 2024)Canada$74.5M

This section shows Sauces and Seasonings'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 Sauces and Seasonings over time.

For full datasets download visit Bulk Download page.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.15B
IMPORTS (2022)$2.23B
NET TRADE (2022)-$82.2M

In 2022, United States exported $2.15B in Sauces and Seasonings. The main destinations of United States exports on Sauces and Seasonings were Canada ($743M), Mexico ($392M), Saudi Arabia ($64.7M), Chile ($63M), and Japan ($60.8M).

In 2022, United States imported $2.23B in Sauces and Seasonings, mainly from Canada ($519M), Mexico ($397M), Italy ($391M), China ($163M), and Thailand ($127M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sauces and Seasonings EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$69.5M (21.6%)
Canada$68.1M (10.1%)
Australia$14.7M (32.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sauces and Seasonings BY United States WERE (2021 - 2022):
Chile-$11.2M (-15.1%)
Guinea-$9.58M (-99.4%)
China-$5.19M (-29.5%)
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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 Sauces and Seasonings were:
China $2.05B
Italy $1.54B
In 2022, United States's main importing competitors in Sauces and Seasonings were:
United Kingdom $1.01B
France $968M

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Trade Value of Sauces and Seasonings by Exporters

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