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2022
Exports $8.27MWorld Rnk 10 / 118
Flag Rnk 1082 / 1217
2022
Destination $989k Costa Rica
2021 - 2022
FASTEST GROWING MARKET $989kCosta Rica
2022
Imports $41.8MWorld Rnk 3 / 174
Flag Rnk 998 / 1216
2022
Origin $398k Peru
2021 - 2022
FASTEST GROWING ORIGIN $398kFrance
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $8.27M in Retail Wool or Animal Hair Yarn, making it the 10th largest exporter of Retail Wool or Animal Hair Yarn in the world. At the same year, Retail Wool or Animal Hair Yarn was the 1082nd most exported product in United States. The main destination of Retail Wool or Animal Hair Yarn exports from United States are: Costa Rica ($3.82M), Canada ($2.15M), China ($429k), Germany ($286k), and United Kingdom ($171k).

The fastest growing export markets for Retail Wool or Animal Hair Yarn of United States between 2021 and 2022 were Costa Rica ($989k), China ($344k), and Netherlands ($92.1k).

Imports In 2022, United States imported $41.8M in Retail Wool or Animal Hair Yarn, becoming the 3rd largest importer of Retail Wool or Animal Hair Yarn in the world. At the same year, Retail Wool or Animal Hair Yarn was the 998th most imported product in United States. United States imports Retail Wool or Animal Hair Yarn primarily from: Peru ($23.1M), Italy ($2.6M), Turkey ($2.47M), Canada ($2.11M), and India ($1.86M).

The fastest growing import markets in Retail Wool or Animal Hair Yarn for United States between 2021 and 2022 were France ($398k), Switzerland ($299k), and Iceland ($204k).

COMPANIES In 2023, leading companies such as Arhaus (10), Volkswagen (2), and NOURYON FUNCTIONAL CHEMICALS LLC (2) were at the forefront of shipping Retail Wool or Animal Hair Yarn to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Retail Wool or Animal Hair Yarn exports accounted up to $640k and imports accounted up to $4.89M, resulting in a negative trade balance of $4.25M. Between June 2023 and June 2024 the exports of United States'   Retail Wool or Animal Hair Yarn have decreased by $-3.01k (-0.47%) from $643k to $640k, while imports increased by $1.24M (34%) from $3.65M to $4.89M.

Destinations In June 2024, Retail Wool or Animal Hair Yarn were exported mostly to Costa Rica ($312k), Canada ($224k), United Kingdom ($53.2k), Denmark ($15.6k), and Germany ($10.5k), and were imported mostly from Peru ($3.4M), India ($413k), Italy ($323k), Turkey ($164k), and France ($159k).

Growth In June 2024, the decrease in Retail Wool or Animal Hair Yarn's year-by-year exports was explained primarily by a decrease in exports to Costa Rica ($-61.6k or -32%), Canada ($-40.8k or -15.3%), and Germany ($-5.26k or -22.5%). In June 2024, the increase in Retail Wool or Animal Hair Yarn's year-by-year imports was explained primarily by an increase in imports from Italy ($149k or 49.1%), France ($75.7k or 70.5%), and Peru ($65.5k or 2.93%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-3.01k(-0.47%)
IMPORT GROWTH (June 2023 - June 2024)$1.24M(34%)
MAIN EXPORTER (June 2024)Missouri$906k
MAIN DESTINATION (June 2024)Costa Rica$312k

This section shows Retail Wool or Animal Hair Yarn's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Retail Wool or Animal Hair Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.27M
IMPORTS (2022)$41.8M
NET TRADE (2022)-$33.5M

In 2022, United States exported $8.27M in Retail Wool or Animal Hair Yarn. The main destinations of United States exports on Retail Wool or Animal Hair Yarn were Costa Rica ($3.82M), Canada ($2.15M), China ($429k), Germany ($286k), and United Kingdom ($171k).

In 2022, United States imported $41.8M in Retail Wool or Animal Hair Yarn, mainly from Peru ($23.1M), Italy ($2.6M), Turkey ($2.47M), Canada ($2.11M), and India ($1.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Retail Wool or Animal Hair Yarn EXPORT MARKETS FOR United States WERE (2021 - 2022):
Costa Rica$989k (35%)
China$344k (407%)
Netherlands$92.1k (173%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Retail Wool or Animal Hair Yarn BY United States WERE (2021 - 2022):
Canada-$753k (-26%)
United Kingdom-$325k (-65.6%)
Denmark-$57.4k (-31%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Retail Wool or Animal Hair Yarn were:
Italy $88.1M
Peru $58.9M
Germany $35.4M
In 2022, United States's main importing competitors in Retail Wool or Animal Hair Yarn were:
Germany $72.4M
Norway $53.7M

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Trade Value of Retail Wool or Animal Hair Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $229k
TOP IMPORT POTENTIALItaly+ $1.01M

Retail Wool or Animal Hair Yarn’s highest export potential is Germany. With an export gap of $229k.   Retail Wool or Animal Hair Yarn’s highest import potential is Italy with an import gap of $1.01M.

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