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2022
Exports $808MWorld Rnk 8 / 180
Flag Rnk 292 / 1217
2022
Destination $35.1M Mexico
2021 - 2022
FASTEST GROWING MARKET $35.1MMexico
2022
PRODUCT COMPLEXITY IN Light Rubberized Knitted Fabric-0.28Rnk 640 / 1025
2022
Imports $1.22BWorld Rnk 5 / 215
Flag Rnk 357 / 1216
2022
Origin $77.5M China
2021 - 2022
FASTEST GROWING ORIGIN $77.5MIndia
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $808M in Light Rubberized Knitted Fabric, making it the 8th largest exporter of Light Rubberized Knitted Fabric in the world. At the same year, Light Rubberized Knitted Fabric was the 292nd most exported product in United States. The main destination of Light Rubberized Knitted Fabric exports from United States are: Mexico ($314M), Honduras ($97.6M), Guatemala ($74.5M), Nicaragua ($72.2M), and El Salvador ($51.5M).

The fastest growing export markets for Light Rubberized Knitted Fabric of United States between 2021 and 2022 were Mexico ($35.1M), Guatemala ($14M), and Honduras ($13.3M).

Imports In 2022, United States imported $1.22B in Light Rubberized Knitted Fabric, becoming the 5th largest importer of Light Rubberized Knitted Fabric in the world. At the same year, Light Rubberized Knitted Fabric was the 357th most imported product in United States. United States imports Light Rubberized Knitted Fabric primarily from: China ($276M), India ($246M), South Korea ($199M), Israel ($118M), and Canada ($67.7M).

The fastest growing import markets in Light Rubberized Knitted Fabric for United States between 2021 and 2022 were India ($77.5M), Israel ($33.9M), and South Korea ($27.3M).

COMPANIES In 2023, leading companies such as Old Navy (37), PVH (Phillips-Van Heusen Corporation) (26), and Jo-Ann Stores (7) were at the forefront of shipping Light Rubberized Knitted Fabric to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Light Rubberized Knitted Fabric exports accounted up to $3.11M and imports accounted up to $405k, resulting in a positive trade balance of $2.7M. Between June 2023 and June 2024 the exports of United States'   Light Rubberized Knitted Fabric have decreased by $-2.22M (-41.6%) from $5.32M to $3.11M, while imports increased by $47.9k (13.4%) from $357k to $405k.

Destinations In June 2024, Light Rubberized Knitted Fabric were exported mostly to Honduras ($1.8M), El Salvador ($433k), Mexico ($383k), Dominican Republic ($252k), and Canada ($121k), and were imported mostly from India ($177k), China ($108k), Italy ($34.8k), Mexico ($29.8k), and South Korea ($17.3k).

Growth In June 2024, the decrease in Light Rubberized Knitted Fabric's year-by-year exports was explained primarily by a decrease in exports to Honduras ($-941k or -35.2%), Dominican Republic ($-55.5k or -87.2%), and Canada ($-43.6k or -20.7%). In June 2024, the increase in Light Rubberized Knitted Fabric's year-by-year imports was explained primarily by an increase in imports from China ($83.8k or 50.7%), United Kingdom ($64.8k or 1.46k%), and France ($35.1k or 71.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-2.22M(-41.6%)
IMPORT GROWTH (June 2023 - June 2024)$47.9k(13.4%)
MAIN EXPORTER (June 2024)Virginia$2.43M
MAIN DESTINATION (June 2024)Honduras$1.8M

This section shows Light Rubberized Knitted Fabric'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 Light Rubberized Knitted Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$808M
IMPORTS (2022)$1.22B
NET TRADE (2022)-$409M

In 2022, United States exported $808M in Light Rubberized Knitted Fabric. The main destinations of United States exports on Light Rubberized Knitted Fabric were Mexico ($314M), Honduras ($97.6M), Guatemala ($74.5M), Nicaragua ($72.2M), and El Salvador ($51.5M).

In 2022, United States imported $1.22B in Light Rubberized Knitted Fabric, mainly from China ($276M), India ($246M), South Korea ($199M), Israel ($118M), and Canada ($67.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Light Rubberized Knitted Fabric EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$35.1M (12.6%)
Guatemala$14M (23.1%)
Honduras$13.3M (15.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Light Rubberized Knitted Fabric BY United States WERE (2021 - 2022):
Haiti-$5.92M (-35%)
Vietnam-$1.82M (-24.2%)
Israel-$1.44M (-67.3%)
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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 Light Rubberized Knitted Fabric were:
China $17.4B
Chinese Taipei $2.4B
South Korea $2.09B
In 2022, United States's main importing competitors in Light Rubberized Knitted Fabric were:
Vietnam $6.5B
Cambodia $2.52B
Indonesia $1.76B

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Trade Value of Light Rubberized Knitted Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $435k
TOP IMPORT POTENTIALChina+ $1.02M

Light Rubberized Knitted Fabric’s highest export potential is Canada. With an export gap of $435k.   Light Rubberized Knitted Fabric’s highest import potential is China with an import gap of $1.02M.

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