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Pricing

2022
Exports $333MWorld Rnk 10 / 142
Flag Rnk 472 / 1217
2022
Destination $53.5M Saudi Arabia
2021 - 2022
FASTEST GROWING MARKET $53.5MSaudi Arabia
2022
PRODUCT COMPLEXITY IN Copper Pipes0.34Rnk 429 / 1025
2022
Imports $1.32BWorld Rnk 1 / 220
Flag Rnk 338 / 1216
2022
Origin $53.7M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $53.7MBahrain
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $333M in Copper Pipes, making it the 10th largest exporter of Copper Pipes in the world. At the same year, Copper Pipes was the 472nd most exported product in United States. The main destination of Copper Pipes exports from United States are: Saudi Arabia ($112M), Mexico ($92.3M), Canada ($53.2M), United Arab Emirates ($26.1M), and China ($5.15M).

The fastest growing export markets for Copper Pipes of United States between 2021 and 2022 were Saudi Arabia ($53.5M), Canada ($10.4M), and United Arab Emirates ($6.65M).

Imports In 2022, United States imported $1.32B in Copper Pipes, becoming the 1st largest importer of Copper Pipes in the world. At the same year, Copper Pipes was the 338th most imported product in United States. United States imports Copper Pipes primarily from: South Korea ($232M), Canada ($192M), Mexico ($157M), China ($145M), and Thailand ($139M).

The fastest growing import markets in Copper Pipes for United States between 2021 and 2022 were Bahrain ($53.7M), Brazil ($40.2M), and China ($40M).

COMPANIES In 2023, leading companies such as CrimsonLogic (47), TE Connectivity (32), and Cinmar (29) were at the forefront of shipping Copper Pipes to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Copper Pipes exports accounted up to $26.7M and imports accounted up to $110M, resulting in a negative trade balance of $82.9M. Between June 2023 and June 2024 the exports of United States'   Copper Pipes have decreased by $-2.33M (-8.03%) from $29M to $26.7M, while imports increased by $27.9M (34.2%) from $81.6M to $110M.

Destinations In June 2024, Copper Pipes were exported mostly to Mexico ($10.6M), Saudi Arabia ($7.51M), Canada ($4.56M), United Arab Emirates ($1.63M), and Germany ($360k), and were imported mostly from Thailand ($22.7M), South Korea ($20.3M), Canada ($16.4M), Mexico ($10.6M), and Italy ($6.7M).

Growth In June 2024, the decrease in Copper Pipes's year-by-year exports was explained primarily by a decrease in exports to China ($-403k or -51.4%), United Kingdom ($-141k or -56.7%), and South Africa ($-117k or -89.3%). In June 2024, the increase in Copper Pipes's year-by-year imports was explained primarily by an increase in imports from Germany ($1.57M or 62.3%), Austria ($1.35M or 487%), and Brazil ($1.18M or 64.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-2.33M(-8.03%)
IMPORT GROWTH (June 2023 - June 2024)$27.9M(34.2%)
MAIN EXPORTER (June 2024)Tennessee$10.3M
MAIN DESTINATION (June 2024)Mexico$10.6M

This section shows Copper Pipes'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 Copper Pipes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$333M
IMPORTS (2022)$1.32B
NET TRADE (2022)-$988M

In 2022, United States exported $333M in Copper Pipes. The main destinations of United States exports on Copper Pipes were Saudi Arabia ($112M), Mexico ($92.3M), Canada ($53.2M), United Arab Emirates ($26.1M), and China ($5.15M).

In 2022, United States imported $1.32B in Copper Pipes, mainly from South Korea ($232M), Canada ($192M), Mexico ($157M), China ($145M), and Thailand ($139M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Pipes EXPORT MARKETS FOR United States WERE (2021 - 2022):
Saudi Arabia$53.5M (91.1%)
Canada$10.4M (24.3%)
United Arab Emirates$6.65M (34.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Pipes BY United States WERE (2021 - 2022):
Mexico-$32.6M (-26.1%)
Malaysia-$1.36M (-84.5%)
India-$1.16M (-79.2%)
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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 Copper Pipes were:
China $2.35B
Vietnam $1.15B
Germany $964M
In 2022, United States's main importing competitors in Copper Pipes were:
India $861M
Thailand $531M

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Trade Value of Copper Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $6.48M
TOP IMPORT POTENTIALChina+ $59M

Copper Pipes’s highest export potential is Canada. With an export gap of $6.48M.   Copper Pipes’s highest import potential is China with an import gap of $59M.

See methodology.

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