Aluminium Bars in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $1.05B in Aluminium Bars, making it the 6th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 248th most exported product in United States. The main destination of Aluminium Bars exports from United States are: Mexico ($469M), Canada ($305M), United Kingdom ($37.6M), China ($35.7M), and Israel ($29.4M).

The fastest growing export markets for Aluminium Bars of United States between 2021 and 2022 were Mexico ($93.7M), Canada ($61.8M), and United Kingdom ($11.1M).

Imports In 2022, United States imported $2.29B in Aluminium Bars, becoming the 2nd largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 224th most imported product in United States. United States imports Aluminium Bars primarily from: Canada ($640M), Mexico ($333M), Vietnam ($175M), Turkey ($164M), and Indonesia ($125M).

The fastest growing import markets in Aluminium Bars for United States between 2021 and 2022 were Mexico ($139M), Canada ($113M), and Turkey ($42.7M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (7.64k), Boeing (5.38k), and AMAZON SERVICES LLC (464) were at the forefront of shipping Aluminium Bars to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Aluminium Bars exports accounted up to $87M and imports accounted up to $126M, resulting in a negative trade balance of $39M. Between January 2023 and January 2024 the exports of United States' Aluminium Bars have decreased by $-268k (-0.31%) from $87.3M to $87M, while imports decreased by $-8.55M (-6.35%) from $135M to $126M.

Destinations In January 2024, Aluminium Bars were exported mostly to Mexico ($36.5M), Canada ($22.7M), United Kingdom ($5.47M), France ($3.07M), and China ($2.93M), and were imported mostly from Canada ($39.8M), Vietnam ($17.5M), Mexico ($16.1M), Turkey ($7.82M), and Dominican Republic ($5.64M).

Growth In January 2024, the decrease in Aluminium Bars's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-1.8M or -46.5%), Chile ($-303k or -92.6%), and New Zealand ($-247k or -84.9%). In January 2024, the decrease in Aluminium Bars's year-by-year imports was explained primarily by a decrease in imports from Canada ($-6.65M or -13.3%), Vietnam ($-5.13M or -36.6%), and Turkey ($-4.15M or -33.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-268k(-0.31%)

IMPORT GROWTH (January 2023 - January 2024)$-8.55M(-6.35%)

MAIN EXPORTER (January 2024)California$19.9M

MAIN DESTINATION (January 2024)Mexico$36.5M

This section shows Aluminium Bars'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 Aluminium Bars over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.05B

IMPORTS (2022)$2.29B

NET TRADE (2022)-$1.23B

In 2022, United States exported $1.05B in Aluminium Bars. The main destinations of United States exports on Aluminium Bars were Mexico ($469M), Canada ($305M), United Kingdom ($37.6M), China ($35.7M), and Israel ($29.4M).

In 2022, United States imported $2.29B in Aluminium Bars, mainly from Canada ($640M), Mexico ($333M), Vietnam ($175M), Turkey ($164M), and Indonesia ($125M).

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