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2022
Exports $734MWorld Rnk 5 / 161
Flag Rnk 310 / 1217
2022
Destination $62.7M Mexico
2021 - 2022
FASTEST GROWING MARKET $62.7MMexico
2022
PRODUCT COMPLEXITY IN Aluminium Foil0.68Rnk 283 / 1025
2022
Imports $2.05BWorld Rnk 1 / 218
Flag Rnk 244 / 1216
2022
Origin $108M China
2021 - 2022
FASTEST GROWING ORIGIN $108MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $734M in Aluminium Foil, making it the 5th largest exporter of Aluminium Foil in the world. At the same year, Aluminium Foil was the 310th most exported product in United States. The main destination of Aluminium Foil exports from United States are: Mexico ($441M), Canada ($94M), United Kingdom ($36.2M), Japan ($17.6M), and China ($14.6M).

The fastest growing export markets for Aluminium Foil of United States between 2021 and 2022 were Mexico ($62.7M), Canada ($17.8M), and Malaysia ($7.11M).

Imports In 2022, United States imported $2.05B in Aluminium Foil, becoming the 1st largest importer of Aluminium Foil in the world. At the same year, Aluminium Foil was the 244th most imported product in United States. United States imports Aluminium Foil primarily from: China ($318M), Thailand ($240M), South Korea ($222M), Germany ($191M), and Turkey ($129M).

The fastest growing import markets in Aluminium Foil for United States between 2021 and 2022 were China ($108M), Thailand ($85.7M), and South Korea ($72.2M).

COMPANIES In 2023, leading companies such as Nissan (78), Mahle Behr (74), and CrimsonLogic (54) were at the forefront of shipping Aluminium Foil to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Aluminium Foil exports accounted up to $53.9M and imports accounted up to $123M, resulting in a negative trade balance of $69.3M. Between September 2023 and September 2024 the exports of United States'   Aluminium Foil have decreased by $-9.48M (-15%) from $63.3M to $53.9M, while imports increased by $20.9M (20.5%) from $102M to $123M.

Destinations In September 2024, Aluminium Foil were exported mostly to Mexico ($34M), Canada ($5.43M), Japan ($1.82M), United Kingdom ($1.52M), and Australia ($1.12M), and were imported mostly from China ($21.1M), Thailand ($17M), Germany ($13.6M), South Korea ($9.73M), and Turkey ($7.57M).

Growth In September 2024, the decrease in Aluminium Foil's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-4.36M or -12.9%), United Kingdom ($-1.63M or -61%), and Ireland ($-928k or -82.8%). In September 2024, the increase in Aluminium Foil's year-by-year imports was explained primarily by an increase in imports from China ($10.5M or 62.4%), India ($10M or 375%), and Turkey ($9.26M or 118%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-9.48M(-15%)
IMPORT GROWTH (September 2023 - September 2024)$20.9M(20.5%)
MAIN EXPORTER (September 2024)Tennessee$19.4M
MAIN DESTINATION (September 2024)Mexico$34M

This section shows Aluminium Foil'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 Foil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$734M
IMPORTS (2022)$2.05B
NET TRADE (2022)-$1.32B

In 2022, United States exported $734M in Aluminium Foil. The main destinations of United States exports on Aluminium Foil were Mexico ($441M), Canada ($94M), United Kingdom ($36.2M), Japan ($17.6M), and China ($14.6M).

In 2022, United States imported $2.05B in Aluminium Foil, mainly from China ($318M), Thailand ($240M), South Korea ($222M), Germany ($191M), and Turkey ($129M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Foil EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$62.7M (16.6%)
Canada$17.8M (23.4%)
Malaysia$7.11M (242%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Foil BY United States WERE (2021 - 2022):
Indonesia-$6.58M (-82.6%)
Singapore-$5.28M (-62.5%)
Saudi Arabia-$2.08M (-66.7%)
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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 Aluminium Foil were:
China $6.56B
Germany $1.9B
Italy $958M
In 2022, United States's main importing competitors in Aluminium Foil were:
Germany $1.22B
Mexico $883M

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Trade Value of Aluminium Foil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $20.4M
TOP IMPORT POTENTIALChina+ $126M

Aluminium Foil’s highest export potential is Canada. With an export gap of $20.4M.   Aluminium Foil’s highest import potential is China with an import gap of $126M.

See methodology.

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