Current year-to-date ( YTD ) data is through May 2020.

Exports: Peanut oil

Peanut oil, the No. 920 export by value totaled $2.27 million for the month of May, $11.29 million through May of 2020, and $9.76 million for all of 2019, the latest annual data available, according to U.S. Census Bureau data analyzed by WorldCity. Need more details? Read more

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Top Markets

RankCountryYTD
1China$4.02 M
2Belgium$1.99 M
3Canada$1.9 M
4Hong Kong$1.31 M
5Germany$960,737
6Malaysia$514,486
7India$162,652
8Kuwait$88,430
9Mexico$68,009
10South Korea$59,751
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U.S. exports of Peanut oil increased 229.42 percent through May to $11.29 million

U.S. exports of Peanut oil increased 229.42 percent from $3.43 million to $11.29 million through the first five months of 2020 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.

The category ranked 920 through May among the roughly 1,265 export commodity groupings as classified by Census. It ranked No. 1088 for the last full year with a total value of $9.76 million, a $1.48 million, 13.16 percent decreased from the 2018 total.

Through May of this year the leading sources were No. 1 Canada, No. 2 China, No. 3 Malaysia, No. 4 Germany and No. 5 Hong Kong. The leading gateways were No. 1 Port of Savannah, Ga., No. 2 Port of Southern Louisiana, Gramercy, St. James Parish, No. 3 Port Huron Blue Water Bridge, Mich., No. 4 Detroit Ambassador Bridge, Mich. and No. 5 Rouses Point / Lacolle Border Crossing, N.Y..

In the last previous full year, the leading sources were No. 1 Canada, No. 2 China, No. 3 Hong Kong, No. 4 Malaysia and No. 5 United Arab Emirates. The leading gateways were No. 1 Port Huron Blue Water Bridge, Mich., No. 2 Detroit Ambassador Bridge, Mich., No. 3 Buffalo Peace Bridge, NY, No. 4 Rouses Point / Lacolle Border Crossing, N.Y. and No. 5 Port of Philadelphia.

Looking at specific airports, seaports and border crossings, the top five through through the first five months of the year were:

Highlights for the top five ports:

  • Port of Savannah, Ga. rose 489.72 percent compared to last year to $6.99 million.
  • Port of Southern Louisiana, Gramercy, St. James Parish totaled $1.99 million. The previous year, there were no exports in this category.
  • Port Huron Blue Water Bridge, Mich. rose 34.39 percent compared to last year to $766,355.
  • Detroit Ambassador Bridge, Mich. fell 31.57 percent compared to last year to $264,639.
  • Rouses Point / Lacolle Border Crossing, N.Y. rose 58.4 percent compared to last year to $251,501.

There are several hundred airports, seaports and border crossings that handle international trade; they are, in turn, part of the roughly four dozen U.S. Customs districts.

Highlights for the top five foreign markets:

  • U.S. exports from No. 1 Canada decreased $1.3 million, 23.26 percent, (38 percent market share).
  • U.S. exports from No. 2 China decreased $144,346, 10.14 percent, (11.33 percent market share).
  • U.S. exports from No. 3 Malaysia increased $55,616, 5.28 percent, (9.82 percent market share).
  • U.S. exports from No. 4 Germany increased $416,128, 207.41 percent, (5.46 percent market share).
  • U.S. exports from No. 5 Hong Kong decreased $565,175, 49.28 percent, (5.15 percent market share).

All totaled, 80.72 percent of all these Peanut oil exports from the United States were shipped from the top five markets through May of this year. That is equal to $7.88 million of the $9.76 million total.

All totaled, 90.88 percent of all these Peanut oil exports to the United States were shipped to the top five Ports through May of this year. That is equal to $10.26 million of the $11.29 million total