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2022
Exports $72.4MWorld Rnk 2 / 164
Flag Rnk 806 / 1217
2022
Destination $2.18M Mexico
2021 - 2022
FASTEST GROWING MARKET $2.18MDominican Republic
2022
PRODUCT COMPLEXITY IN Textile Scraps-0.89Rnk 801 / 1025
2022
Imports $89.1MWorld Rnk 2 / 208
Flag Rnk 895 / 1216
2022
Origin $3.23M Pakistan
2021 - 2022
FASTEST GROWING ORIGIN $3.23MHonduras
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $72.4M in Textile Scraps, making it the 2nd largest exporter of Textile Scraps in the world. At the same year, Textile Scraps was the 806th most exported product in United States. The main destination of Textile Scraps exports from United States are: Mexico ($19.8M), Dominican Republic ($10M), Germany ($7.31M), India ($5.33M), and Netherlands ($4.26M).

The fastest growing export markets for Textile Scraps of United States between 2021 and 2022 were Dominican Republic ($2.18M), Germany ($1.51M), and Netherlands ($1.48M).

Imports In 2022, United States imported $89.1M in Textile Scraps, becoming the 2nd largest importer of Textile Scraps in the world. At the same year, Textile Scraps was the 895th most imported product in United States. United States imports Textile Scraps primarily from: Pakistan ($23.2M), Honduras ($20.1M), Canada ($14.2M), Bangladesh ($6.57M), and Mexico ($6.36M).

The fastest growing import markets in Textile Scraps for United States between 2021 and 2022 were Honduras ($3.23M), Nicaragua ($2.16M), and Canada ($1.86M).

COMPANIES In 2023, leading companies such as DuPont (3), Itourscm (3), and CrimsonLogic (2) were at the forefront of shipping Textile Scraps to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Textile Scraps exports accounted up to $4.98M and imports accounted up to $8.87M, resulting in a negative trade balance of $3.88M. Between June 2023 and June 2024 the exports of United States'   Textile Scraps have increased by $3.22k (0.065%) from $4.98M to $4.98M, while imports decreased by $-273k (-2.98%) from $9.14M to $8.87M.

Destinations In June 2024, Textile Scraps were exported mostly to Dominican Republic ($1.23M), Mexico ($1.07M), India ($512k), Mauritania ($288k), and Canada ($237k), and were imported mostly from Pakistan ($4.31M), Mexico ($889k), Honduras ($860k), Canada ($715k), and India ($609k).

Growth In June 2024, the increase in Textile Scraps's year-by-year exports was explained primarily by an increase in exports to Dominican Republic ($399k or 49.4%), Philippines ($134k or 668%), and United Arab Emirates ($69.5k or 193%). In June 2024, the decrease in Textile Scraps's year-by-year imports was explained primarily by a decrease in imports from Dominican Republic ($-94.6k or -44.8%), Pakistan ($-92.8k or -1.68%), and Mexico ($-73.9k or -22.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$3.22k(0.065%)
IMPORT GROWTH (June 2023 - June 2024)$-273k(-2.98%)
MAIN EXPORTER (June 2024)Florida$1.46M
MAIN DESTINATION (June 2024)Dominican Republic$1.23M

This section shows Textile Scraps'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 Textile Scraps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$72.4M
IMPORTS (2022)$89.1M
NET TRADE (2022)-$16.7M

In 2022, United States exported $72.4M in Textile Scraps. The main destinations of United States exports on Textile Scraps were Mexico ($19.8M), Dominican Republic ($10M), Germany ($7.31M), India ($5.33M), and Netherlands ($4.26M).

In 2022, United States imported $89.1M in Textile Scraps, mainly from Pakistan ($23.2M), Honduras ($20.1M), Canada ($14.2M), Bangladesh ($6.57M), and Mexico ($6.36M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Scraps EXPORT MARKETS FOR United States WERE (2021 - 2022):
Dominican Republic$2.18M (27.9%)
Germany$1.51M (26.1%)
Netherlands$1.48M (53.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Scraps BY United States WERE (2021 - 2022):
Philippines-$2.64M (-62%)
Nicaragua-$1.59M (-38.8%)
Honduras-$1.25M (-51.1%)
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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 Textile Scraps were:
Bangladesh $171M
Pakistan $63M
In 2022, United States's main importing competitors in Textile Scraps were:
India $193M
Germany $42.2M

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Trade Value of Textile Scraps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.65M
TOP IMPORT POTENTIALBangladesh+ $3.85M

Textile Scraps’s highest export potential is India. With an export gap of $2.65M.   Textile Scraps’s highest import potential is Bangladesh with an import gap of $3.85M.

See methodology.

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