2022
Exports
$425MWorld Rnk 6 / 144
Flag Rnk 426 / 1217
2022
PRODUCT COMPLEXITY IN Other Stainless Steel Bars
1.42Rnk 67 / 1025
2022
Imports
$830MWorld Rnk 2 / 219
Flag Rnk 437 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $425M in Other Stainless Steel Bars, making it the 6th largest exporter of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 426th most exported product in United States. The main destination of Other Stainless Steel Bars exports from United States are: Canada ($84.7M), China ($80.6M), Mexico ($70.3M), Singapore ($12.2M), and South Korea ($11.8M).

The fastest growing export markets for Other Stainless Steel Bars of United States between 2021 and 2022 were Mexico ($23.3M), Canada ($21.7M), and Turkey ($6.23M).

Imports In 2022, United States imported $830M in Other Stainless Steel Bars, becoming the 2nd largest importer of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 437th most imported product in United States. United States imports Other Stainless Steel Bars primarily from: Italy ($270M), Chinese Taipei ($146M), Germany ($97.7M), India ($70.2M), and Portugal ($42.1M).

The fastest growing import markets in Other Stainless Steel Bars for United States between 2021 and 2022 were Italy ($99.4M), Chinese Taipei ($58.5M), and Germany ($32.7M).

COMPANIES In 2023, leading companies such as Valbruna Stainless (1.18k), Robert Bosch (19), and IKEA Group (12) were at the forefront of shipping Other Stainless Steel Bars to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$1.69M(3.58%)
IMPORT GROWTH (June 2023 - June 2024)$-10.1M(-15.9%)
MAIN EXPORTER (June 2024)Pennsylvania$18.9M
MAIN DESTINATION (June 2024)Canada$10.7M

This section shows Other Stainless Steel Bars'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 Other Stainless Steel Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$425M
IMPORTS (2022)$830M
NET TRADE (2022)-$405M

In 2022, United States exported $425M in Other Stainless Steel Bars. The main destinations of United States exports on Other Stainless Steel Bars were Canada ($84.7M), China ($80.6M), Mexico ($70.3M), Singapore ($12.2M), and South Korea ($11.8M).

In 2022, United States imported $830M in Other Stainless Steel Bars, mainly from Italy ($270M), Chinese Taipei ($146M), Germany ($97.7M), India ($70.2M), and Portugal ($42.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Stainless Steel Bars EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$23.3M (49.5%)
Canada$21.7M (34.5%)
Turkey$6.23M (275%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Stainless Steel Bars BY United States WERE (2021 - 2022):
Russia-$726k (-93.4%)
Hong Kong-$554k (-14.5%)
Ireland-$530k (-18.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Other Stainless Steel Bars were:
Italy $1.61B
India $1.23B
Germany $1.02B
In 2022, United States's main importing competitors in Other Stainless Steel Bars were:
Germany $1.44B
Italy $500M

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Trade Value of Other Stainless Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $7.54M
TOP IMPORT POTENTIALIndia+ $40.3M

Other Stainless Steel Bars’s highest export potential is Germany. With an export gap of $7.54M.   Other Stainless Steel Bars’s highest import potential is India with an import gap of $40.3M.

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