NAICS Code 31122 - Starch and Vegetable Fats and Oils Manufacturing

NAICS Code 31122 Description

This industry comprises establishments primarily engaged in one or more of the following: (1) wet milling corn and vegetables; (2) crushing oilseeds and tree nuts; (3) refining and/or blending vegetable oils; (4) manufacturing shortening and margarine; and (5) blending purchased animal fats with vegetable fats.

Industry Sector

Manufacturing

Total Companies

511

Verified Companies

390

Est. Employment

22,095

Annual Payroll

$1,439,068,000

Total Revenue

$59,685,375,000

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Cross-References

For some business types, there may be a similar industry to NAICS Code 31122 - Starch and Vegetable Fats and Oils Manufacturing that is a better classification match. Establishments primarily engaged in:

Companies

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  • Business Development
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  • Director
  • Engineering
  • Executive Director
  • Facilities
  • Finance
  • Human Resource
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  • Manager
  • Marketing
  • Manufacturing
  • Operations
  • Owner
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  • President
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USA Import, Export, and Balance of Trade

Import (USD)

$8,704,507,301

Export (USD)

$10,524,181,463

Balance of Trade (USD)

$1,819,674,162

Top Countries by U.S. Imports

Canada $3,040,482,545
Indonesia $1,120,119,466
Spain $583,717,458
Italy $574,117,857
Philippines $536,530,946

Top Countries by U.S. Exports

Mexico $1,745,905,667
Canada $1,331,596,748
Philippines $915,508,417
Colombia $703,888,961
Vietnam $341,798,064

Countries With Highest Trade Surplus

Mexico $1,453,720,450
Colombia $680,031,660
Philippines $378,977,471
Dominican Republic $326,808,194
Vietnam $317,620,178

Countries With Highest Trade Deficit

Canada -$1,708,885,797
Indonesia -$877,139,455
Italy -$516,481,147
Malaysia -$460,502,584
Spain -$421,059,459

U.S. Total Import value for NAICS Code 31122 is $8,704,507,301. Canada, Indonesia, and Spain accounted for the top imports of Starch & Vegetable Fats & Oils in 2018.

U.S. Total Export value for this industry is $10,524,181,463. Mexico, Canada, and Philippines accounted for the top exports of Starch & Vegetable Fats & Oils in 2018.

Questions & Answers

  • How many active businesses operate in NAICS Code 31122?

    There are 390 verified business locations operating primarily in this industry.

  • What was the total revenue for NAICS Code 31122?

    In 2017 the total revenue for Starch and Vegetable Fats and Oils Manufacturing was $59,685,375,000

  • What was the annual payroll for NAICS Code 31122?

    In 2017 the annual payroll for Starch and Vegetable Fats and Oils Manufacturing was $1,439,068,000

  • How many people work in NAICS Code 31122?

    The number of reported paid employees is 22,095.