Aluminium Plating in United States 2021 Exports | Imports : $2.41B | $3.93B, World Rnk 3 / 159 Rnk 119 / 1216 | World Rnk 1 / 217 Rnk 132 / 1215
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $185M | $254M, Canada | China
2021 ECONOMIC COMPLEXITY of United States: 1.46, Rnk 10 / 131
2021 PRODUCT COMPLEXITY IN Aluminium Plating: 0.55, Rnk 345 / 1029
Exports In 2021, United States exported $2.41B in Aluminium Plating, making it the 3rd largest exporter of Aluminium Plating in the world. At the same year, Aluminium Plating was the 119th most exported product in United States. The main destination of Aluminium Plating exports from United States are: Canada ($1.07B), Mexico ($922M), South Korea ($79M), China ($48.6M), and Chinese Taipei ($36.4M).
The fastest growing export markets for Aluminium Plating of United States between 2020 and 2021 were Canada ($185M), Mexico ($174M), and Malaysia ($11.9M).
Imports In 2021, United States imported $3.93B in Aluminium Plating, becoming the 1st largest importer of Aluminium Plating in the world. At the same year, Aluminium Plating was the 132nd most imported product in United States. United States imports Aluminium Plating primarily from: China ($589M), Canada ($523M), Oman ($285M), Thailand ($270M), and Saudi Arabia ($219M).
The fastest growing import markets in Aluminium Plating for United States between 2020 and 2021 were China ($254M), Thailand ($188M), and Canada ($127M).
Tariffs In 2019, the average tariff for United States in Aluminium Plating was 2.68%. The countries with the highest import tariffs for Aluminium Plating were Burundi (Most Favoured Nation duty rate treatment, 3.8%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 3.8%), Algeria (Most Favoured Nation duty rate treatment, 3.8%), Egypt (Most Favoured Nation duty rate treatment, 3.8%), and Eritrea (Most Favoured Nation duty rate treatment, 3.8%).
January 2023
Overview In January 2023 United States' Aluminium Plating exports accounted up to $260M and imports accounted up to $295M, resulting in a negative trade balance of $34.2M. Between January 2022 and January 2023 the exports of United States' Aluminium Plating have increased by $71.1M (37.6%) from $189M to $260M, while imports decreased by $-71.4M (-19.5%) from $366M to $295M.
Destinations In January 2023, Aluminium Plating were exported mostly to Canada ($106M), Mexico ($86.3M), South Korea ($14.7M), Japan ($7.4M), and China ($5.46M), and were imported mostly from China ($65.7M), Canada ($46.9M), Thailand ($26.4M), South Africa ($22.9M), and Oman ($20.7M).
Growth In January 2023, the increase in Aluminium Plating's year-by-year exports was explained primarily by an increase in exports to Canada ($10.9M or 12.9%), Brazil ($2.61M or 620%), and Japan ($2.33M or 123%). In January 2023, the decrease in Aluminium Plating's year-by-year imports was explained primarily by a decrease in imports from Spain ($-6.22M or -71.4%), Saudi Arabia ($-4.3M or -18.4%), and United Kingdom ($-4.3M or -46.5%).
EXPORT GROWTH (January 2022 - January 2023): $71.1M, (37.6%)
IMPORT GROWTH (January 2022 - January 2023): $-71.4M, (-19.5%)
MAIN EXPORTER (January 2023): New York, $49.1M
MAIN DESTINATION (January 2023): Canada, $106M
This section shows Aluminium Plating'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 Plating over time.
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EXPORTS (2021): $2.41B
IMPORTS (2021): $3.93B
NET TRADE (2021): -$1.51B
In 2021, United States exported $2.41B in Aluminium Plating. The main destinations of United States exports on Aluminium Plating were Canada ($1.07B), Mexico ($922M), South Korea ($79M), China ($48.6M), and Chinese Taipei ($36.4M).
In 2021, United States imported $3.93B in Aluminium Plating, mainly from China ($589M), Canada ($523M), Oman ($285M), Thailand ($270M), and Saudi Arabia ($219M).
THE FASTEST GROWING Aluminium Plating EXPORT MARKETS FOR United States WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Plating BY United States WERE (2020 - 2021):
In 2021, United States's main exporting competitors in Aluminium Plating were:
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