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2022
Exports $380MWorld Rnk 2 / 195
Flag Rnk 456 / 1217
2022
Destination $24.2M Canada
2021 - 2022
FASTEST GROWING MARKET $24.2MCanada
2022
PRODUCT COMPLEXITY IN Iron Gas Containers-0.017Rnk 552 / 1025
2022
Imports $658MWorld Rnk 1 / 217
Flag Rnk 481 / 1216
2022
Origin $39.9M Mexico
2021 - 2022
FASTEST GROWING ORIGIN $39.9MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $380M in Iron Gas Containers, making it the 2nd largest exporter of Iron Gas Containers in the world. At the same year, Iron Gas Containers was the 456th most exported product in United States. The main destination of Iron Gas Containers exports from United States are: Canada ($146M), Mexico ($42.5M), China ($17.6M), Japan ($17.4M), and South Korea ($12M).

The fastest growing export markets for Iron Gas Containers of United States between 2021 and 2022 were Canada ($24.2M), Mexico ($5.35M), and India ($5.32M).

Imports In 2022, United States imported $658M in Iron Gas Containers, becoming the 1st largest importer of Iron Gas Containers in the world. At the same year, Iron Gas Containers was the 481st most imported product in United States. United States imports Iron Gas Containers primarily from: Mexico ($155M), China ($118M), Thailand ($70.7M), India ($65.9M), and South Korea ($41.5M).

The fastest growing import markets in Iron Gas Containers for United States between 2021 and 2022 were China ($39.9M), Mexico ($38.7M), and India ($26.7M).

COMPANIES In 2023, leading companies such as Walmart (10), Costco Wholesale (3), and Samsung (3) were at the forefront of shipping Iron Gas Containers to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Iron Gas Containers exports accounted up to $28.1M and imports accounted up to $47.4M, resulting in a negative trade balance of $19.3M. Between June 2023 and June 2024 the exports of United States'   Iron Gas Containers have decreased by $-3.82M (-12%) from $31.9M to $28.1M, while imports increased by $2.43M (5.41%) from $45M to $47.4M.

Destinations In June 2024, Iron Gas Containers were exported mostly to Canada ($10.5M), Mexico ($3.53M), Japan ($2.64M), Spain ($1.18M), and Saudi Arabia ($960k), and were imported mostly from India ($12.3M), Mexico ($8.3M), China ($5.92M), Thailand ($5.45M), and Italy ($3.58M).

Growth In June 2024, the decrease in Iron Gas Containers's year-by-year exports was explained primarily by a decrease in exports to Spain ($-1.58M or -98.5%), Netherlands ($-1.41M or -91.7%), and China ($-477k or -51.9%). In June 2024, the increase in Iron Gas Containers's year-by-year imports was explained primarily by an increase in imports from Italy ($2.87M or 363%), China ($2.54M or 47%), and Canada ($859k or 53%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-3.82M(-12%)
IMPORT GROWTH (June 2023 - June 2024)$2.43M(5.41%)
MAIN EXPORTER (June 2024)Georgia$6.2M
MAIN DESTINATION (June 2024)Canada$10.5M

This section shows Iron Gas 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 Iron Gas Containers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$380M
IMPORTS (2022)$658M
NET TRADE (2022)-$279M

In 2022, United States exported $380M in Iron Gas Containers. The main destinations of United States exports on Iron Gas Containers were Canada ($146M), Mexico ($42.5M), China ($17.6M), Japan ($17.4M), and South Korea ($12M).

In 2022, United States imported $658M in Iron Gas Containers, mainly from Mexico ($155M), China ($118M), Thailand ($70.7M), India ($65.9M), and South Korea ($41.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Gas Containers EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$24.2M (19.9%)
Mexico$5.35M (14.4%)
India$5.32M (82.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Gas Containers BY United States WERE (2021 - 2022):
Spain-$19.1M (-77.9%)
Netherlands-$17.1M (-71.2%)
South Korea-$11.9M (-49.7%)
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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 Iron Gas Containers were:
China $1.11B
Turkey $289M
In 2022, United States's main importing competitors in Iron Gas Containers were:
Germany $335M
Canada $200M

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Trade Value of Iron Gas Containers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.93M
TOP IMPORT POTENTIALChina+ $27.7M

Iron Gas Containers’s highest export potential is Germany. With an export gap of $4.93M.   Iron Gas Containers’s highest import potential is China with an import gap of $27.7M.

See methodology.

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