Best Export Markets For Food Processing & Packaging Eqmt

A Hot Tip about Food, Beverage and Tobacco Processing Machinery in Venezuela

Posted on: 14 Mar 2012

Leading Export Markets: Canada is by far the leading market for U.S. exports of HS 8438
products ($143.1 million in 2010, or 19.3% of total). Other top markets (all valued above $30
million) were: Mexico (6.8%), Netherlands (5.3%), United Kingdom (4.7%), Brazil (4.6%) and
Venezuela (4.2%).

Fastest Growing Export Markets: The leading markets with both high and sustained growth
rates for U.S. exports of HS 8438 products over the latest four years (2007-2010) and continuing
in 2009-2010 were: Canada, Netherlands, United Kingdom, Brazil and Venezuela. Other
significant substantial growth markets in the top 30 were Australia, Saudi Arabia, Philippines,
Argentina, Chile, Italy, Guatemala, Thailand, Colombia, India, Korea, Turkey, South Africa,
Russia, Costa Rica, Denmark, Dominican Republic and Peru.

Leading and Fastest Growing Importing Countries: The top foreign importers of HS 8438
products in 2010 (all above $400 million) were Russia (5.3% of total), Germany (4.3%) and
United Kingdom (4.2%). Other significant importers (all above $200 million) were France (4%),
China (3.6%), Austria (3.0%), Spain (2.8%), Canada (2.5%), Belgium (2.4%), Netherlands
(2.3%) and Italy (2.2%). The leading importers with both high and sustained import growth rates
for HS 8438 products over the latest four years (2007-2010) and continuing in 2009-2010 were
China, Austria, Australia, United Kingdom, Indonesia, Iran, Brazil and Japan. Other significant
growth markets in the top 25 over the 2007-2010 period were South Africa, Canada and
Switzerland.

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Posted: 14 March 2012