Trade
CPG Industry Trade Impact
Overview
The United States CPG industry doesn’t just power every day here at home. The goods that ship around the world are a vital part of United States trade.
In 2018, the U.S. CPG industry exported more than $102 billion worth of CPG products; more than 7 percent of all U.S. manufacturing exports ($1.4 trillion). Over the last 15 years, CPG industry exports have grown 148 percent, from $41.5 billion in 2003 to $102.7 billion in 2018, outstripping growth in both manufacturing and total U.S. goods exports.
Exports
$102 B
in exports
The CPG industry exported more than $102 billion of CPG products in 2018.
148%
export growth
Since 2003, CPG exports have grown 148 percent, outpacing growth in both manufacturing and total U.S. goods exports.
7.3%
of all U.S. manufacturing
U.S. CPG exports alone make up 7.3 percent of all U.S. manufacturing exports.
Top Export Markets for U.S. CPG Exports in 2018
Rank | Country | $ Exports (Billions) | |
1 | Canada | $23.7 B | |
2 | Mexico | $13.0 B | |
3 | Japan | $7.8 B | |
4 | South Korea | $5.6 B | |
5 | China | $4.7 B | |
6 | Hong Kong | $3.3 B | |
7 | United Kingdom | $2.6 B | |
8 | Netherlands | $2.5 B | |
9 | Philippines | $2.2 B | |
10 | Australia | $2.1 B | |
11 | Taiwan | $2.0 B | |
12 | Colombia | $1.6 B | |
13 | Vietnam | $1.6 B | |
14 | Germany | $1.5 B | |
15 | Singapore | $1.4 B |
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