Top Fresh Spinach Exports by Country

Spinach smoothie (courtesy of Pixabay.com)

Spinach smoothie (Pixabay)

An iron-rich leafy green vegetable, exports of fresh or chilled spinach totaled US$293.1 million in 2016.

That dollar amount represents a 50.6% gain for all spinach shippers over the five-year period starting in 2012. Globally, the value of exported spinach appreciated 5.6% from 2015 to 2016.

Among continents, North American countries accounted for the highest dollar worth of exported fresh spinach during 2016 with shipments valued at $140.8 million or 48% of the global total. Close behind was Europe at $140.6 million far ahead of Asian spinach shippers at $9.9 million.

The 6-digit Harmonized Tariff System code prefix for fresh or chilled spinach is 070970.

Spinach Exports by Country

Countries

Below are the 15 countries that exported the highest dollar value worth of spinach during 2016:

  1. United States: US$118.3 million (40.4% of exported fresh spinach)
  2. Spain: $52.3 million (17.9%)
  3. Italy: $44.5 million (15.2%)
  4. Netherlands: $23.4 million (8%)
  5. Mexico: $15.5 million (5.3%)
  6. Canada: $6.9 million (2.4%)
  7. France: $6.2 million (2.1%)
  8. China: $5.4 million (1.8%)
  9. Malaysia: $3.1 million (1%)
  10. United Kingdom: $2.6 million (0.88%)
  11. Germany: $2.5 million (0.86%)
  12. Portugal: $2.5 million (0.8%)
  13. Denmark: $1.3 million (0.43%)
  14. Belgium: $1.2 million (0.41%)
  15. Sweden: $1 million (0.36%)

The listed 15 countries shipped 97.8% of all spinach exports in 2016 by value.

Among the above suppliers, the fastest-growing spinach exporters since 2012 was the United Kingdom via its 253.2% gain in value since 2012. In second place was France (up 187%), followed by Sweden (up 151.1%), Mexico (up 119.1%) and Italy (up 104.9%).

Bucking the upbeat trend were Malaysia (down -11.7%), Germany (down -38.5%), Portugal (down -43%) and Belgium (down -57%).

Advantages

The following countries posted the highest positive net exports for spinach during 2016. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s exported spinach and its import purchases for that same commodity.

  1. United States: US$99 million (net export surplus up 30% since 2012)
  2. Spain: $51.3 million (up 67.6%)
  3. Italy: $43.5 million (up 111.7%)
  4. Mexico: $8.6 million (up 89.6%)
  5. China: $5.4 million (up 10.2%)
  6. Malaysia: $1.8 million (down -27.9%)
  7. Portugal: $1.3 million (down -66.4%)
  8. Australia: $987,000 (up 80.4%)
  9. Turkey: $199,000 (down -75.2%)
  10. Syria: $192,000 (up 638.5%)
  11. South Africa: $189,000 (down -19.9%)
  12. Vietnam: $171,000 (up 714.3%)
  13. Bangladesh: $171,000 (no 2012 data)
  14. Bahrain: $165,000 (reversing a -$36,000 deficit)
  15. Azerbaijan: $146,000 (up 108.6%)

The United States has the highest surplus in the international trade of spinach. In turn, this positive cashflow confirms America’s strong competitive advantage for this specific product category.

Opportunities

The following countries posted the highest negative net exports for spinach during 2016. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s imported spinach purchases and its exports for that same commodity.

  1. Canada: -US$102.3 million (net export deficit up 33.7% since 2012)
  2. United Kingdom: -$39.6 million (up 49.5%)
  3. Germany: -$23.2 million (up 150.9%)
  4. Singapore: -$12 million (up 19.2%)
  5. Belgium: -$9.1 million (up 34.5%)
  6. Switzerland: -$5.7 million (up 28%)
  7. Hong Kong: -$5.2 million (up 7.6%)
  8. United Arab Emirates: -$4 million (up 194.8%)
  9. Sweden: -$3.7 million (down -24.1%)
  10. Poland: -$3.2 million (up 143.9%)
  11. Norway: -$2.7 million (up 48.8%)
  12. Austria: -$2.2 million (up 38.7%)
  13. Ireland: -$2 million (up 11.5%)
  14. Czech Republic: -$2 million (up 69%)
  15. Finland: -$2 million (up 114.7%)

Canada incurred the highest deficit in the international trade of spinach. In turn, this negative cashflow highlights Canada’s competitive disadvantage for this specific product category but also signals opportunities for spinach-supplying countries that help satisfy the powerful demand.

Companies

Spinach Exporting Companies

According to global trading platform Alibaba, the following firms are examples of spinach-trading exporters including suppliers of fresh spinach, frozen chopped spinach and even organic spinach powder in the case of NutriBoost.

  • Qingdao Yokid Foods Co. (China)
  • American Top Foods, LLC (United States)
  • NutriBoost (Netherlands)
  • OXL Resources Sdn. BHD (Malaysia)
  • UK Frozen Food Ltd (United Kingdom)

The home-country location for each of the above businesses is shown within parentheses.



 

See also Top Lettuce Exports by Country, Tomatoes Exports by Country, Potatoes Exports by Country and Corn Exports by Country

Research Sources:
Alibaba, Supplier showroom for spinach. Accessed on November 15, 2017

Investopedia, Net Exports Definition. Accessed on November 15, 2017

The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on November 15, 2017

Trade Map, International Trade Centre. Accessed on November 15, 2017

Wikipedia, Spinach. Accessed on November 15, 2017