2023
Exports
$661MWorld Rnk 2 / 180
Flag Rnk 308 / 1217
2023
PRODUCT COMPLEXITY IN Abrasive Powder
1.13Rnk 133 / 1025
2023
Imports
$607MWorld Rnk 2 / 221
Flag Rnk 473 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $661M in Abrasive Powder, making it the 2nd largest exporter of Abrasive Powder in the world. At the same year, Abrasive Powder was the 308th most exported product in United States. The main destination of Abrasive Powder exports from United States are: Germany ($182M), Mexico ($86M), Canada ($72.2M), China ($34.7M), and Poland ($24.3M).

The fastest growing export markets for Abrasive Powder of United States between 2022 and 2023 were Germany ($38.5M), Canada ($12.3M), and United Kingdom ($7.83M).

Imports In 2023, United States imported $607M in Abrasive Powder, becoming the 2nd largest importer of Abrasive Powder in the world. At the same year, Abrasive Powder was the 473rd most imported product in United States. United States imports Abrasive Powder primarily from: Mexico ($157M), Canada ($99.9M), Germany ($69.4M), South Korea ($46M), and China ($44.2M).

The fastest growing import markets in Abrasive Powder for United States between 2022 and 2023 were Canada ($7.02M), Denmark ($3.5M), and Niue ($1.97M).

COMPANIES In 2023, leading companies such as Jo-Ann Stores (229), Stanley Black & Decker (116), and Fuyao Glass (77) were at the forefront of shipping Abrasive Powder to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-10.5M(-20.5%)
IMPORT GROWTH (November 2023 - November 2024)$-1.9M(-3.52%)
MAIN EXPORTER (November 2024)Minnesota$16.1M
MAIN DESTINATION (November 2024)Germany$9.08M

This section shows Abrasive Powder'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 Abrasive Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$661M
IMPORTS (2023)$607M
NET TRADE (2023)$54.3M

In 2023, United States exported $661M in Abrasive Powder. The main destinations of United States exports on Abrasive Powder were Germany ($182M), Mexico ($86M), Canada ($72.2M), China ($34.7M), and Poland ($24.3M).

In 2023, United States imported $607M in Abrasive Powder, mainly from Mexico ($157M), Canada ($99.9M), Germany ($69.4M), South Korea ($46M), and China ($44.2M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Abrasive Powder EXPORT MARKETS FOR United States WERE (2022 - 2023):
Germany$38.5M (26.9%)
Canada$12.3M (20.5%)
United Kingdom$7.83M (56.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Abrasive Powder BY United States WERE (2022 - 2023):
Poland-$16.8M (-40.9%)
China-$16.5M (-32.2%)
Austria-$5.13M (-57.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Abrasive Powder were:
In 2023, United States's main importing competitors in Abrasive Powder were:

Explore Visualizations

Trade Value of Abrasive Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $7M
TOP IMPORT POTENTIALChina+ $21.1M

Abrasive Powder’s highest export potential is Canada. With an export gap of $7M.   Abrasive Powder’s highest import potential is China with an import gap of $21.1M.

See methodology.

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