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