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2022
Exports $26.2MWorld Rnk 4 / 140
Flag Rnk 949 / 1217
2022
Destination $869k Mexico
2021 - 2022
FASTEST GROWING MARKET $869kMexico
2022
PRODUCT COMPLEXITY IN Ornamental Trimmings-0.27Rnk 635 / 1025
2022
Imports $57.8MWorld Rnk 1 / 201
Flag Rnk 947 / 1216
2022
Origin $1.79M China
2021 - 2022
FASTEST GROWING ORIGIN $1.79MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $26.2M in Ornamental Trimmings, making it the 4th largest exporter of Ornamental Trimmings in the world. At the same year, Ornamental Trimmings was the 949th most exported product in United States. The main destination of Ornamental Trimmings exports from United States are: Mexico ($14.2M), United Kingdom ($1.91M), Canada ($1.75M), Singapore ($1.68M), and Jamaica ($852k).

The fastest growing export markets for Ornamental Trimmings of United States between 2021 and 2022 were Mexico ($869k), United Kingdom ($503k), and Jamaica ($479k).

Imports In 2022, United States imported $57.8M in Ornamental Trimmings, becoming the 1st largest importer of Ornamental Trimmings in the world. At the same year, Ornamental Trimmings was the 947th most imported product in United States. United States imports Ornamental Trimmings primarily from: China ($16.7M), Mexico ($15.4M), India ($7.23M), Chinese Taipei ($5.14M), and Turkey ($2.33M).

The fastest growing import markets in Ornamental Trimmings for United States between 2021 and 2022 were China ($1.79M), Chinese Taipei ($1.36M), and Vietnam ($1.31M).

COMPANIES In 2023, leading companies such as CrimsonLogic (23), Itourscm (8), and Amazon (7) were at the forefront of shipping Ornamental Trimmings to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Ornamental Trimmings exports accounted up to $1.84M and imports accounted up to $3.09M, resulting in a negative trade balance of $1.25M. Between June 2023 and June 2024 the exports of United States'   Ornamental Trimmings have increased by $61.2k (3.44%) from $1.78M to $1.84M, while imports decreased by $-569k (-15.5%) from $3.66M to $3.09M.

Destinations In June 2024, Ornamental Trimmings were exported mostly to Mexico ($464k), Canada ($243k), United Kingdom ($201k), France ($190k), and China ($64.8k), and were imported mostly from Mexico ($873k), China ($854k), India ($477k), Chinese Taipei ($250k), and France ($159k).

Growth In June 2024, the increase in Ornamental Trimmings's year-by-year exports was explained primarily by an increase in exports to Canada ($55.6k or 45.3%), Jamaica ($28.5k or 63.4%), and Brazil ($26.8k or 191%). In June 2024, the decrease in Ornamental Trimmings's year-by-year imports was explained primarily by a decrease in imports from N/A.

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$61.2k(3.44%)
IMPORT GROWTH (June 2023 - June 2024)$-569k(-15.5%)
MAIN EXPORTER (June 2024)Texas$976k
MAIN DESTINATION (June 2024)Mexico$464k

This section shows Ornamental Trimmings'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 Ornamental Trimmings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$26.2M
IMPORTS (2022)$57.8M
NET TRADE (2022)-$31.6M

In 2022, United States exported $26.2M in Ornamental Trimmings. The main destinations of United States exports on Ornamental Trimmings were Mexico ($14.2M), United Kingdom ($1.91M), Canada ($1.75M), Singapore ($1.68M), and Jamaica ($852k).

In 2022, United States imported $57.8M in Ornamental Trimmings, mainly from China ($16.7M), Mexico ($15.4M), India ($7.23M), Chinese Taipei ($5.14M), and Turkey ($2.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ornamental Trimmings EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$869k (6.5%)
United Kingdom$503k (35.8%)
Jamaica$479k (129%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ornamental Trimmings BY United States WERE (2021 - 2022):
Poland-$779k (-72%)
Hong Kong-$374k (-63.5%)
Singapore-$221k (-11.6%)
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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 Ornamental Trimmings were:
China $181M
Germany $45.2M
Chinese Taipei $36.9M
In 2022, United States's main importing competitors in Ornamental Trimmings were:
Vietnam $53.5M
Germany $21.1M

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Trade Value of Ornamental Trimmings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $284k
TOP IMPORT POTENTIALChina+ $2.4M

Ornamental Trimmings’s highest export potential is China. With an export gap of $284k.   Ornamental Trimmings’s highest import potential is China with an import gap of $2.4M.

See methodology.

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