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Pricing

2022
Exports $1.6BWorld Rnk 2 / 199
Flag Rnk 195 / 1217
2022
Destination $47.9M Germany
2021 - 2022
FASTEST GROWING MARKET $47.9MCanada
2022
PRODUCT COMPLEXITY IN Glass Mirrors1.04Rnk 155 / 1025
2022
Imports $1.41BWorld Rnk 1 / 222
Flag Rnk 326 / 1216
2022
Origin $45M China
2021 - 2022
FASTEST GROWING ORIGIN $45MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.6B in Glass Mirrors, making it the 2nd largest exporter of Glass Mirrors in the world. At the same year, Glass Mirrors was the 195th most exported product in United States. The main destination of Glass Mirrors exports from United States are: Germany ($503M), Japan ($240M), Canada ($234M), China ($193M), and Mexico ($125M).

The fastest growing export markets for Glass Mirrors of United States between 2021 and 2022 were Canada ($47.9M), Germany ($20.9M), and Japan ($15.4M).

Imports In 2022, United States imported $1.41B in Glass Mirrors, becoming the 1st largest importer of Glass Mirrors in the world. At the same year, Glass Mirrors was the 326th most imported product in United States. United States imports Glass Mirrors primarily from: China ($758M), Mexico ($205M), Chinese Taipei ($102M), Vietnam ($63.6M), and South Korea ($60.2M).

The fastest growing import markets in Glass Mirrors for United States between 2021 and 2022 were Mexico ($45M), South Korea ($7.94M), and Vietnam ($3.9M).

COMPANIES In 2023, leading companies such as IKEA Group (594), Uttermost Furniture (155), and Euromarket Designs (93) were at the forefront of shipping Glass Mirrors to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Glass Mirrors exports accounted up to $141M and imports accounted up to $96.4M, resulting in a positive trade balance of $44.2M. Between June 2023 and June 2024 the exports of United States'   Glass Mirrors have decreased by $-11.8M (-7.71%) from $152M to $141M, while imports increased by $7.4M (8.31%) from $89M to $96.4M.

Destinations In June 2024, Glass Mirrors were exported mostly to Germany ($38.7M), Japan ($26.8M), Canada ($22.9M), Mexico ($17.4M), and China ($15.8M), and were imported mostly from China ($39.1M), Mexico ($21.3M), Chinese Taipei ($7.41M), South Korea ($5.79M), and Vietnam ($5.25M).

Growth In June 2024, the decrease in Glass Mirrors's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-1.63M or -73.4%), China ($-1.24M or -8.11%), and Hungary ($-326k or -33.1%). In June 2024, the increase in Glass Mirrors's year-by-year imports was explained primarily by an increase in imports from Mexico ($3.68M or 28.9%), Thailand ($744k or 85.9%), and France ($419k or 105%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-11.8M(-7.71%)
IMPORT GROWTH (June 2023 - June 2024)$7.4M(8.31%)
MAIN EXPORTER (June 2024)Michigan$103M
MAIN DESTINATION (June 2024)Germany$38.7M

This section shows Glass Mirrors'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 Glass Mirrors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.6B
IMPORTS (2022)$1.41B
NET TRADE (2022)$189M

In 2022, United States exported $1.6B in Glass Mirrors. The main destinations of United States exports on Glass Mirrors were Germany ($503M), Japan ($240M), Canada ($234M), China ($193M), and Mexico ($125M).

In 2022, United States imported $1.41B in Glass Mirrors, mainly from China ($758M), Mexico ($205M), Chinese Taipei ($102M), Vietnam ($63.6M), and South Korea ($60.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Mirrors EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$47.9M (25.7%)
Germany$20.9M (4.32%)
Japan$15.4M (6.87%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Mirrors BY United States WERE (2021 - 2022):
Spain-$13.9M (-75.3%)
Poland-$8.62M (-64.8%)
Russia-$7.43M (-86.7%)
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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 Glass Mirrors were:
China $2.96B
Germany $638M
In 2022, United States's main importing competitors in Glass Mirrors were:
Germany $1.01B
China $429M

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Trade Value of Glass Mirrors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $8.61M
TOP IMPORT POTENTIALCanada+ $13.4M

Glass Mirrors’s highest export potential is Canada. With an export gap of $8.61M.   Glass Mirrors’s highest import potential is Canada with an import gap of $13.4M.

See methodology.

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