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2022
Exports $9.27MWorld Rnk 31 / 92
Flag Rnk 1068 / 1217
2022
Destination $1.43M Canada
2021 - 2022
FASTEST GROWING MARKET $1.43MMexico
2022
PRODUCT COMPLEXITY IN Pig Iron-1.18Rnk 876 / 1025
2022
Imports $2.87BWorld Rnk 1 / 141
Flag Rnk 195 / 1216
2022
Origin $721M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $721MBrazil
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $9.27M in Pig Iron, making it the 31st largest exporter of Pig Iron in the world. At the same year, Pig Iron was the 1068th most exported product in United States. The main destination of Pig Iron exports from United States are: Canada ($5.34M), Mexico ($1.96M), Vietnam ($486k), Hong Kong ($241k), and United Kingdom ($217k).

The fastest growing export markets for Pig Iron of United States between 2021 and 2022 were Mexico ($1.43M), Vietnam ($478k), and Hong Kong ($241k).

Imports In 2022, United States imported $2.87B in Pig Iron, becoming the 1st largest importer of Pig Iron in the world. At the same year, Pig Iron was the 195th most imported product in United States. United States imports Pig Iron primarily from: Brazil ($1.61B), Russia ($362M), India ($290M), Ukraine ($248M), and Canada ($128M).

The fastest growing import markets in Pig Iron for United States between 2021 and 2022 were Brazil ($721M), India ($187M), and Canada ($80.3M).

COMPANIES In 2023, leading companies such as CRIMSONLOGIC US INC (44), GLOBAL ETRADE SERVICES INC (8), and JO-ANN STORES, LLC (3) were at the forefront of shipping Pig Iron to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Pig Iron exports accounted up to $175k and imports accounted up to $173M, resulting in a negative trade balance of $173M. Between February 2023 and February 2024 the exports of United States'   Pig Iron have decreased by $-1.09M (-86.2%) from $1.27M to $175k, while imports increased by $78.9M (83.9%) from $94M to $173M.

Destinations In February 2024, Pig Iron were exported mostly to Switzerland ($111k), Canada ($52.8k), Turkey ($3.06k), Mexico ($2.84k), and United Kingdom ($2.67k), and were imported mostly from Brazil ($115M), India ($26.8M), South Africa ($15.7M), Ukraine ($13.2M), and Canada ($1.7M).

Growth In February 2024, the decrease in Pig Iron's year-by-year exports was explained primarily by a decrease in exports to China ($-9.31k or -59.3%). In February 2024, the increase in Pig Iron's year-by-year imports was explained primarily by an increase in imports from Brazil ($32.5M or 28.1%) and South Africa ($2.43M or 44.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$-1.09M(-86.2%)
IMPORT GROWTH (February 2023 - February 2024)$78.9M(83.9%)
MAIN EXPORTER (February 2024)Nevada$111k
MAIN DESTINATION (February 2024)Switzerland$111k

This section shows Pig Iron'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 Pig Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.27M
IMPORTS (2022)$2.87B
NET TRADE (2022)-$2.86B

In 2022, United States exported $9.27M in Pig Iron. The main destinations of United States exports on Pig Iron were Canada ($5.34M), Mexico ($1.96M), Vietnam ($486k), Hong Kong ($241k), and United Kingdom ($217k).

In 2022, United States imported $2.87B in Pig Iron, mainly from Brazil ($1.61B), Russia ($362M), India ($290M), Ukraine ($248M), and Canada ($128M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pig Iron EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$1.43M (273%)
Vietnam$478k (6.55k%)
Hong Kong$241k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Iron BY United States WERE (2021 - 2022):
Canada-$2.67M (-33.3%)
Germany-$76.2k (-58.8%)
Brazil-$70.3k (-66.8%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Pig Iron were:
Brazil $2.3B
Russia $1.78B
Ukraine $668M
In 2022, United States's main importing competitors in Pig Iron were:
Italy $705M
Turkey $666M

Explore Visualizations

Trade Value of Pig Iron by Exporters

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