U.S. Nonchocolate Confectionery Market. Analysis And Forecast to 2025
U.S. Non-Chocolate Confectionery Exports Dropped by 2%
Despite a slight dip in exports in 2015, the U.S. continued to lead the way in the global trade of non-chocolate confectionery. The U.S. accounted for a 12% share (based on USD) of the world's exports, followed by Germany (10%) and the Netherlands (8%).
In 2015, U.S. exports totaled 5.25 billion USD, 2% under the previous year. From 2007 to 2015, U.S. non-chocolate confectionery exports showed positive dynamics. There was an annual increase of +7.2% throughout the analysed period.
The main export markets for U.S. non-chocolate confectionery in 2015 were its neighbours to the north and south; Canada (31%) and Mexico (17%).
From 2007 to 2015, the U.S. was a net exporter of non-chocolate confectionery, with exports far outpacing imports on average over the period under review. In 2015 the industry ran a significant trade surplus of 1.45 billion USD, approximately 28% of gross exports.
Source: IndexBox AI Platform
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