Molluscs in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $457M in Molluscs, making it the 8th largest exporter of Molluscs in the world. At the same year, Molluscs was the 411th most exported product in United States. The main destination of Molluscs exports from United States are: China ($182M), Hong Kong ($58.8M), Canada ($47.8M), Japan ($23.9M), and Spain ($18.7M).

The fastest growing export markets for Molluscs of United States between 2021 and 2022 were China ($46.4M), Canada ($19.6M), and Spain ($11.1M).

Imports In 2022, United States imported $1B in Molluscs, becoming the 4th largest importer of Molluscs in the world. At the same year, Molluscs was the 397th most imported product in United States. United States imports Molluscs primarily from: Canada ($242M), China ($226M), Japan ($116M), India ($78.4M), and Mexico ($36.2M).

The fastest growing import markets in Molluscs for United States between 2021 and 2022 were Japan ($67.6M), China ($62M), and Canada ($59.3M).

COMPANIES In 2023, leading companies such as SAMSUNG ELECTORNICS AMERICA, INC. (133), WISMETTAC ASIAN FOODS,INC. (84), and ABB MOTORS AND MECHANICAL INC (23) were at the forefront of shipping Molluscs to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Molluscs exports accounted up to $35M and imports accounted up to $92.8M, resulting in a negative trade balance of $57.8M. Between February 2023 and February 2024 the exports of United States' Molluscs have decreased by $-2.01M (-5.43%) from $37M to $35M, while imports increased by $16.1M (21%) from $76.7M to $92.8M.

Destinations In February 2024, Molluscs were exported mostly to China ($11.8M), Hong Kong ($8.29M), Canada ($4.79M), Italy ($1.33M), and Netherlands ($1.26M), and were imported mostly from Canada ($29.6M), Japan ($11M), Spain ($9.31M), New Zealand ($8.71M), and China ($6.29M).

Growth In February 2024, the decrease in Molluscs's year-by-year exports was explained primarily by a decrease in exports to Spain ($-552k or -24.7%), Germany ($-332k or -92.5%), and Italy ($-212k or -49.6%). In February 2024, the increase in Molluscs's year-by-year imports was explained primarily by an increase in imports from Canada ($3.58M or 17%), New Zealand ($2.22M or 27.2%), and Hong Kong ($2.2M or 1.68k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-2.01M(-5.43%)

IMPORT GROWTH (February 2023 - February 2024)$16.1M(21%)

MAIN EXPORTER (February 2024)Washington$12.4M

MAIN DESTINATION (February 2024)China$11.8M

This section shows Molluscs'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 Molluscs over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$457M

IMPORTS (2022)$1B

NET TRADE (2022)-$543M

In 2022, United States exported $457M in Molluscs. The main destinations of United States exports on Molluscs were China ($182M), Hong Kong ($58.8M), Canada ($47.8M), Japan ($23.9M), and Spain ($18.7M).

In 2022, United States imported $1B in Molluscs, mainly from Canada ($242M), China ($226M), Japan ($116M), India ($78.4M), and Mexico ($36.2M).

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