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Pricing

2022
Exports $122MWorld Rnk 6 / 150
Flag Rnk 701 / 1217
2022
Destination $3.21M Mexico
2021 - 2022
FASTEST GROWING MARKET $3.21MJapan
2022
PRODUCT COMPLEXITY IN Wadding-0.33Rnk 657 / 1025
2022
Imports $226MWorld Rnk 1 / 216
Flag Rnk 732 / 1216
2022
Origin $13.4M China
2021 - 2022
FASTEST GROWING ORIGIN $13.4MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $122M in Wadding, making it the 6th largest exporter of Wadding in the world. At the same year, Wadding was the 701st most exported product in United States. The main destination of Wadding exports from United States are: Mexico ($28.4M), Canada ($25.5M), Japan ($13.5M), China ($11.4M), and South Korea ($7.53M).

The fastest growing export markets for Wadding of United States between 2021 and 2022 were Japan ($3.21M), China ($2.82M), and South Korea ($1.91M).

Imports In 2022, United States imported $226M in Wadding, becoming the 1st largest importer of Wadding in the world. At the same year, Wadding was the 732nd most imported product in United States. United States imports Wadding primarily from: China ($55.7M), Mexico ($51.5M), Japan ($21.8M), Netherlands ($20M), and Switzerland ($15.3M).

The fastest growing import markets in Wadding for United States between 2021 and 2022 were Mexico ($13.4M), Switzerland ($10.2M), and China ($6.89M).

COMPANIES In 2023, leading companies such as Jo-Ann Stores (31), Fuyao Glass (20), and Gap (9) were at the forefront of shipping Wadding to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Wadding exports accounted up to $7.21M and imports accounted up to $12.6M, resulting in a negative trade balance of $5.41M. Between June 2023 and June 2024 the exports of United States'   Wadding have decreased by $-2.71M (-27.3%) from $9.92M to $7.21M, while imports decreased by $-3.91M (-23.7%) from $16.5M to $12.6M.

Destinations In June 2024, Wadding were exported mostly to Canada ($2.36M), Mexico ($1.56M), Dominican Republic ($816k), China ($752k), and South Korea ($403k), and were imported mostly from China ($3.8M), Turkey ($2.83M), Mexico ($2.26M), Japan ($793k), and India ($644k).

Growth In June 2024, the decrease in Wadding's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-865k or -34.4%), South Korea ($-199k or -51.3%), and Chinese Taipei ($-91.1k or -49.6%). In June 2024, the decrease in Wadding's year-by-year imports was explained primarily by a decrease in imports from India ($-1.16M or -88.1%), Indonesia ($-434k or -87.8%), and China ($-329k or -7.71%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-2.71M(-27.3%)
IMPORT GROWTH (June 2023 - June 2024)$-3.91M(-23.7%)
MAIN EXPORTER (June 2024)Virginia$4.94M
MAIN DESTINATION (June 2024)Canada$2.36M

This section shows Wadding'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 Wadding over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$122M
IMPORTS (2022)$226M
NET TRADE (2022)-$104M

In 2022, United States exported $122M in Wadding. The main destinations of United States exports on Wadding were Mexico ($28.4M), Canada ($25.5M), Japan ($13.5M), China ($11.4M), and South Korea ($7.53M).

In 2022, United States imported $226M in Wadding, mainly from China ($55.7M), Mexico ($51.5M), Japan ($21.8M), Netherlands ($20M), and Switzerland ($15.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wadding EXPORT MARKETS FOR United States WERE (2021 - 2022):
Japan$3.21M (31.1%)
China$2.82M (32.8%)
South Korea$1.91M (33.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wadding BY United States WERE (2021 - 2022):
Brazil-$2.46M (-64.3%)
Hong Kong-$2.08M (-32.8%)
Mexico-$1.43M (-4.8%)
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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 Wadding were:
China $474M
Netherlands $183M
Lithuania $153M
In 2022, United States's main importing competitors in Wadding were:
France $145M
Japan $141M

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Trade Value of Wadding by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.79M
TOP IMPORT POTENTIALChina+ $5.19M

Wadding’s highest export potential is China. With an export gap of $1.79M.   Wadding’s highest import potential is China with an import gap of $5.19M.

See methodology.

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