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2022
Exports $4.43MWorld Rnk 9 / 142
Flag Rnk 1119 / 1217
2022
Destination $430k Germany
2021 - 2022
FASTEST GROWING MARKET $430kSouth Korea
2022
Imports $38.4MWorld Rnk 2 / 174
Flag Rnk 1008 / 1216
2022
Origin $1.14M Philippines
2021 - 2022
FASTEST GROWING ORIGIN $1.14MPhilippines
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $4.43M in Worked Ivory and Bone, making it the 9th largest exporter of Worked Ivory and Bone in the world. At the same year, Worked Ivory and Bone was the 1119th most exported product in United States. The main destination of Worked Ivory and Bone exports from United States are: Germany ($620k), Hong Kong ($441k), South Korea ($432k), Mexico ($421k), and Paraguay ($367k).

The fastest growing export markets for Worked Ivory and Bone of United States between 2021 and 2022 were South Korea ($430k), Paraguay ($367k), and Hong Kong ($235k).

Imports In 2022, United States imported $38.4M in Worked Ivory and Bone, becoming the 2nd largest importer of Worked Ivory and Bone in the world. At the same year, Worked Ivory and Bone was the 1008th most imported product in United States. United States imports Worked Ivory and Bone primarily from: Philippines ($8.26M), India ($7.18M), Canada ($4.31M), China ($4.12M), and Mexico ($3.41M).

The fastest growing import markets in Worked Ivory and Bone for United States between 2021 and 2022 were Philippines ($1.14M), Singapore ($682k), and Indonesia ($597k).

COMPANIES In 2023, leading companies such as Euromarket Designs (65), Cinmar (41), and Costco Wholesale (18) were at the forefront of shipping Worked Ivory and Bone to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Worked Ivory and Bone exports accounted up to $195k and imports accounted up to $3.28M, resulting in a negative trade balance of $3.08M. Between June 2023 and June 2024 the exports of United States'   Worked Ivory and Bone have decreased by $-215k (-52.4%) from $410k to $195k, while imports decreased by $-311k (-8.68%) from $3.59M to $3.28M.

Destinations In June 2024, Worked Ivory and Bone were exported mostly to Honduras ($47.7k), Canada ($44.1k), Bahamas ($38.1k), Mexico ($14.9k), and Japan ($14.4k), and were imported mostly from Mexico ($1.54M), India ($370k), China ($362k), Philippines ($232k), and Vietnam ($209k).

Growth In June 2024, the decrease in Worked Ivory and Bone's year-by-year exports was explained primarily by a decrease in exports to Canada ($-20.2k or -62.7%). In June 2024, the decrease in Worked Ivory and Bone's year-by-year imports was explained primarily by a decrease in imports from Indonesia ($-199k or -74.6%), India ($-172k or -29.1%), and Vietnam ($-110k or -24.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-215k(-52.4%)
IMPORT GROWTH (June 2023 - June 2024)$-311k(-8.68%)
MAIN EXPORTER (June 2024)Massachusetts$278k
MAIN DESTINATION (June 2024)Honduras$47.7k

This section shows Worked Ivory and Bone'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 Worked Ivory and Bone over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.43M
IMPORTS (2022)$38.4M
NET TRADE (2022)-$33.9M

In 2022, United States exported $4.43M in Worked Ivory and Bone. The main destinations of United States exports on Worked Ivory and Bone were Germany ($620k), Hong Kong ($441k), South Korea ($432k), Mexico ($421k), and Paraguay ($367k).

In 2022, United States imported $38.4M in Worked Ivory and Bone, mainly from Philippines ($8.26M), India ($7.18M), Canada ($4.31M), China ($4.12M), and Mexico ($3.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Worked Ivory and Bone EXPORT MARKETS FOR United States WERE (2021 - 2022):
South Korea$430k (23.5k%)
Paraguay$367k (274k%)
Hong Kong$235k (114%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Worked Ivory and Bone BY United States WERE (2021 - 2022):
China-$375k (-97.5%)
Germany-$175k (-22%)
Argentina-$82.4k (-100%)
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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 Worked Ivory and Bone were:
China $52.8M
India $17.5M
Philippines $12.5M
In 2022, United States's main importing competitors in Worked Ivory and Bone were:
Hong Kong $44M
France $11.2M

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Trade Value of Worked Ivory and Bone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $61.8k
TOP IMPORT POTENTIALChina+ $1.32M

Worked Ivory and Bone’s highest export potential is Canada. With an export gap of $61.8k.   Worked Ivory and Bone’s highest import potential is China with an import gap of $1.32M.

See methodology.

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