Homogenized or reconstituted tobacco in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $61.4M in Homogenized or reconstituted tobacco, making it the 9th largest exporter of Homogenized or reconstituted tobacco in the world. At the same year, Homogenized or reconstituted tobacco was the 1868th most exported product in United States. The main destination of Homogenized or reconstituted tobacco exports from United States are: Dominican Republic ($27.7M), Germany ($7.83M), South Korea ($5.8M), Japan ($2.51M), and Belgium ($2.1M).

The fastest growing export markets for Homogenized or reconstituted tobacco of United States between 2021 and 2022 were Dominican Republic ($4.42M), Germany ($3.21M), and Belgium ($1.39M).

Imports In 2022, United States imported $29.1M in Homogenized or reconstituted tobacco, becoming the 25th largest importer of Homogenized or reconstituted tobacco in the world. At the same year, Homogenized or reconstituted tobacco was the 3059th most imported product in United States. United States imports Homogenized or reconstituted tobacco primarily from: Dominican Republic ($20M), Mexico ($4.88M), France ($1.92M), Netherlands ($701k), and Indonesia ($634k).

The fastest growing import markets in Homogenized or reconstituted tobacco for United States between 2021 and 2022 were Netherlands ($701k), Belgium ($308k), and France ($257k).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (10.1M), IKEA SUPPLY AG (9.91M), and WAL-MART INC. (7M) were at the forefront of shipping Homogenized or reconstituted tobacco to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Homogenized or reconstituted tobacco exports accounted up to $3.7M and imports accounted up to $4.04M, resulting in a negative trade balance of $339k. Between January 2023 and January 2024 the exports of United States' Homogenized or reconstituted tobacco have increased by $435k (13.3%) from $3.27M to $3.7M, while imports increased by $1.92M (90.9%) from $2.12M to $4.04M.

Destinations In January 2024, Homogenized or reconstituted tobacco were exported mostly to Dominican Republic ($2.24M), Germany ($612k), Japan ($401k), South Korea ($273k), and Spain ($105k), and were imported mostly from Dominican Republic ($1.9M), France ($1.58M), Mexico ($458k), and Brazil ($104k).

Growth In January 2024, the increase in Homogenized or reconstituted tobacco's year-by-year exports was explained primarily by an increase in exports to Brazil ($39.5k or 283%), India ($28.8k or 66.9%), and Canada ($3.12k or 13.1%). In January 2024, the increase in Homogenized or reconstituted tobacco's year-by-year imports was explained primarily by an increase in imports from Dominican Republic ($1.25M or 538%) and Mexico ($229k or 105%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$435k(13.3%)

IMPORT GROWTH (January 2023 - January 2024)$1.92M(90.9%)

MAIN EXPORTER (January 2024)Virginia$1.5M

MAIN DESTINATION (January 2024)Dominican Republic$2.24M

This section shows Homogenized or reconstituted tobacco'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 Homogenized or reconstituted tobacco over time.

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