Zepol has published its ‘United States and Europe Trade Report,’ which covers the imports and exports between these giant-trade behemoths. The demand for this report has been high due to recent events like the negotiations for a transatlantic trade agreement and, not to forget, the ever-increasing tensions with Russia. The thought-provoking figures show broad-level statistics but also delve deep into U.S. trade with Germany, the United Kingdom, Russia and Ukraine.
“With so much going on politically between the United States and Europe, the contents of this report couldn’t be more timely,” explains Zepol’s CEO Paul Rasmussen. “It’s amazing what an immediate impact Russia’s sanctions had on U.S. food exports as well as the potential effects a free trade agreement could have on U.S. and EU trade.”
In the report, trade professionals will find import and export values, top U.S. and European trading companies, growing products, U.S. port trends, etc. The data also exposes the current state of trade between the United States and Ukraine. The stats hint at how the nation’s economy is doing after Russia’s recent occupation of Crimea.
Click Here for a free download of the ‘United States and Europe Trade Report’
The information in this report was derived from Zepol’s trade intelligence tools, TradeIQ Import and TradeView. Zepol’s online tools are subscription-based products that provide insights into companies importing and exporting in the United States. Zepol makes it easy to generate lists of U.S. importers and exporters, based on criteria, that fit your target market.
Zepol is happy to announce enhancements to two of our trade data tools. With the launch of phase two of the TradeIQ Import HS Code search, subscribers are able to search for multiple HS Codes simultaneously. An HS Code is a 6-digit code that identifies an imported product and determines the amount of duties owed. With the new HS Code search subscribers can:
- View lists of HS Codes for importers and suppliers
- Search for any combination of 2-, 4-, and 6-digit HS Codes in addition to product keywords
- Narrow down a broad Product search by selecting an HS chapter
, subscribers can download and schedule emailed reports for three new reporting options:
- Detail: See total Records, Quantities, and more for each combination of 10-digit HTS Code and the other searchable fields
- Market Share: See total measures and percentages of the whole for HTS Codes, Countries, U.S. Ports, and more
- Period-over-Period Comparison: View how values, weights, and more have changed over the last month, quarter, year, or over the same time period last year
To see these enhancements in action, please view the short video demonstration below or Contact Us
for more information.
This year, Americans may consume more artificial Christmas trees than ever before. U.S. imports are 48 percent higher this year (January-September) compared to the same time in 2013. The infographic below shows just how far your plastic-pine, or your fake-fir have traveled to make your Christmas 'treeriffic.'
About Artificial Christmas Tree Imports:
Over 97 percent of fake Christmas trees originate in China, with 76 percent leaving the port of Yantian. Ironically, the carrier Evergreen Line has transported a significant amount of artificial trees to the United States. So far in 2014 (January-Novemer), Evergreen Line has transported over 6,000 metric tons of Christmas trees. Costco Wholesale is a major U.S. importer of artificial trees. The company has imported over 1,000 TEUs (twenty-foot containers) already this year. It's not a surprise that most trees land at the port of Los Angeles, but the port of Savannah, GA and the port of Norfolk, VA also import a significant amount.
As the end of the year approaches, there seems to be a never-ending barrage of holidays. While you might feel a bit overwhelmed with the party preparations or planning out your shopping lists, many retailers began stocking-up on your fall favorites months ago.
Turkeys, potatoes, and cranberries might make the classic Thanksgiving favorites but the top imports found on the table in your dinner spread are actually wine, pumpkins, squash and gourds, and apples.
Here are the fast facts:
The largest imported product to the United States is non-sparkling grape wine (HTS 2204.21, HTS 2204.29), with $3.35 billion imported between January and September 2014.
Sparkling grape wine (HTS 2204.10) is second in imports at a much smaller $610 million. Sparkling wines saw a dramatic monthly increase in imports in August 2014 from about $80.04 million to $101 million, a similar trend occurred last year around the same time.
Although pumpkins, squash, and gourds (HTS 0709.93) are most popular around the holidays, over 87 percent of imports arrived in the United States within the first five months of the year.
The United States imported $228 million worth of apples (HTS 0808.10) in 2014. 91 percent of these imports arrived between April and August.
Thanksgiving (seasonal) favorites:
In October 2013, the United States imported $45 million worth of cranberries (HTS 0810.40.0300, HTS 0811.90.3500) from Canada, 50 percent of total imports within the last year.
So far in 2014, the United States has imported $105 million in potatoes (HTS 0701.90).
Only about $350 thousand worth of turkeys (HTS 0207.24, HTS 0207.25) are imported into the United States, all of which arrive from Canada.
As the holiday season approaches, retailers, consumers, and even U.S. ports, as a recent article in the LA Times reports, are beginning to notice the over-stuffed shelves and congested traffic that heralds, “Let the season commence!” Though the total impact of the holiday season on imports will not be available until early next year, data for Q1-Q3 2014 is in. Imports of TEUs (twenty-foot equivalent units) have reached 13.6 million, up by 6 percent from 2013 according to a Zepol’s TradeIQ database.
TOP 10 U.S. PORTS
|Los Angeles, CA
|Long Beach, CA
|Newark, NJ/New York, NY
* January through September 2014 (Q1-Q3)
The top port of 2014 remains Los Angeles, CA with 23.5 percent of total TEUs imported into the United States. So far this year, the Port of Los Angeles has imported more than 3.2 million TEUs with the busiest month-to-date being September, with over 400,000 TEUs. Long Beach, CA follows at an impressive 2.64 million TEUs in 2014; while Newark/New York sit comfortably in third with 2.2 million TEUs imported.
* Comparison of Top 10 U.S. Ports by TEUs for 2014
It has been a good year for imports, with most ports seeing a steady increase in monthly TEUs. In fact, out of the top 10 U.S. ports, 9 posted an increase in TEUs from last year (2013 to 2014). Savannah, GA, ranked fourth, saw the largest increase in TEUs, with a 16 percent jump. Lagging behind, Seattle, WA, currently ranked tenth, is down 23 percent from this time last year. With speculations over the economic recovery in the United States, it will be interesting to see what Q4 brings to the trend. Stay tuned for the yearly round up in 2015.