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2022
Exports | Imports $820M | $610MWorld Rnk 2 / 187
Flag Rnk 288 / 1217
World Rnk 2 / 221
Flag Rnk 487 / 1216
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $81.2M | $29.6MMexico |  Mexico
2022
ECONOMIC COMPLEXITY of United States1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Small Iron Containers-0.033Rnk 565 / 1025

About

Exports In 2022, United States exported $820M in Small Iron Containers, making it the 2nd largest exporter of Small Iron Containers in the world. At the same year, Small Iron Containers was the 288th most exported product in United States. The main destination of Small Iron Containers exports from United States are: Canada ($433M), Mexico ($228M), Dominican Republic ($24.9M), South Korea ($22.8M), and United Kingdom ($8.14M).

The fastest growing export markets for Small Iron Containers of United States between 2021 and 2022 were Mexico ($81.2M), Canada ($73.9M), and South Korea ($9.71M).

Imports In 2022, United States imported $610M in Small Iron Containers, becoming the 2nd largest importer of Small Iron Containers in the world. At the same year, Small Iron Containers was the 487th most imported product in United States. United States imports Small Iron Containers primarily from: China ($194M), Mexico ($128M), Canada ($55.6M), Germany ($48.9M), and Italy ($23.2M).

The fastest growing import markets in Small Iron Containers for United States between 2021 and 2022 were Mexico ($29.6M), Germany ($16.2M), and Austria ($11.1M).

COMPANIES In 2023, leading companies such as GILDAN ACTIVEWEAR (EDEN) INC. (1.37k), FAMILY TOBACCO TRADERS LLC (420), and MAGICAL CRUISE COMPANY LIMITED (332) were at the forefront of shipping Small Iron Containers to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Small Iron Containers exports accounted up to $54.7M and imports accounted up to $34.2M, resulting in a positive trade balance of $20.5M. Between January 2023 and January 2024 the exports of United States'   Small Iron Containers have decreased by $-11.2M (-17%) from $66M to $54.7M, while imports decreased by $-3.1M (-8.32%) from $37.3M to $34.2M.

Destinations In January 2024, Small Iron Containers were exported mostly to Canada ($24M), Mexico ($20.7M), Japan ($1.44M), China ($1.08M), and Germany ($876k), and were imported mostly from China ($7.75M), Mexico ($6.92M), Canada ($5.1M), Germany ($2.5M), and Italy ($1.97M).

Growth In January 2024, the decrease in Small Iron Containers's year-by-year exports was explained primarily by a decrease in exports to Austria ($-441k or -92.2%), Belgium ($-334k or -69.6%), and Angola ($-201k or -96%). In January 2024, the decrease in Small Iron Containers's year-by-year imports was explained primarily by a decrease in imports from China ($-1.75M or -16.1%), Thailand ($-393k or -63.4%), and Taiwan ($-353k or -23.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$-11.2M(-17%)
IMPORT GROWTH (January 2023 - January 2024)$-3.1M(-8.32%)
MAIN EXPORTER (January 2024)Colorado$14M
MAIN DESTINATION (January 2024)Canada$24M

This section shows Small Iron Containers'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 Small Iron Containers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$820M
IMPORTS (2022)$610M
NET TRADE (2022)$210M

In 2022, United States exported $820M in Small Iron Containers. The main destinations of United States exports on Small Iron Containers were Canada ($433M), Mexico ($228M), Dominican Republic ($24.9M), South Korea ($22.8M), and United Kingdom ($8.14M).

In 2022, United States imported $610M in Small Iron Containers, mainly from China ($194M), Mexico ($128M), Canada ($55.6M), Germany ($48.9M), and Italy ($23.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Small Iron Containers EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$81.2M (55.2%)
Canada$73.9M (20.6%)
South Korea$9.71M (73.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Small Iron Containers BY United States WERE (2021 - 2022):
Japan-$5.93M (-44.2%)
Australia-$2.82M (-46.7%)
Argentina-$2.04M (-42.4%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Small Iron Containers were:
China $1.34B
Germany $735M
In 2022, United States's main importing competitors in Small Iron Containers were:
Germany $628M
France $566M

Explore Visualizations

Trade Value of Small Iron Containers by Exporters

Keep Exploring

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