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2022
Exports $195MWorld Rnk 3 / 130
Flag Rnk 593 / 1217
2022
Destination $918k Canada
2021 - 2022
FASTEST GROWING MARKET $918kBangladesh
2022
PRODUCT COMPLEXITY IN Asbestos Cement Articles-0.19Rnk 614 / 1025
2022
Imports $165MWorld Rnk 2 / 215
Flag Rnk 789 / 1216
2022
Origin $25.6M Mexico
2021 - 2022
FASTEST GROWING ORIGIN $25.6MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $195M in Asbestos Cement Articles, making it the 3rd largest exporter of Asbestos Cement Articles in the world. At the same year, Asbestos Cement Articles was the 593rd most exported product in United States. The main destination of Asbestos Cement Articles exports from United States are: Canada ($158M), United Kingdom ($17.8M), Denmark ($3.24M), Netherlands ($3.15M), and France ($2.01M).

The fastest growing export markets for Asbestos Cement Articles of United States between 2021 and 2022 were Bangladesh ($918k), Canada ($844k), and Bahamas ($741k).

Imports In 2022, United States imported $165M in Asbestos Cement Articles, becoming the 2nd largest importer of Asbestos Cement Articles in the world. At the same year, Asbestos Cement Articles was the 789th most imported product in United States. United States imports Asbestos Cement Articles primarily from: Mexico ($48M), El Salvador ($34.6M), Canada ($27.9M), China ($13.3M), and Costa Rica ($12.8M).

The fastest growing import markets in Asbestos Cement Articles for United States between 2021 and 2022 were Canada ($25.6M), Mexico ($4.89M), and Costa Rica ($2.67M).

COMPANIES In 2023, leading companies such as Robert Bosch (7), QVC Inc (6), and ABB Motors and Mechanical (5) were at the forefront of shipping Asbestos Cement Articles to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Asbestos Cement Articles exports accounted up to $19.3M and imports accounted up to $14.8M, resulting in a positive trade balance of $4.41M. Between June 2023 and June 2024 the exports of United States'   Asbestos Cement Articles have increased by $1.61M (9.15%) from $17.6M to $19.3M, while imports increased by $3.77M (34.1%) from $11.1M to $14.8M.

Destinations In June 2024, Asbestos Cement Articles were exported mostly to Canada ($15.2M), United Kingdom ($1.88M), Denmark ($712k), Netherlands ($442k), and Germany ($371k), and were imported mostly from Mexico ($3.72M), El Salvador ($3.25M), Japan ($1.83M), Canada ($1.76M), and China ($1.38M).

Growth In June 2024, the increase in Asbestos Cement Articles's year-by-year exports was explained primarily by an increase in exports to Canada ($4.07M or 28.2%), Netherlands ($690k or 540%), and Bahamas ($50k or 82.5%). In June 2024, the increase in Asbestos Cement Articles's year-by-year imports was explained primarily by an increase in imports from Mexico ($768k or 31.8%), Canada ($550k or 31%), and Austria ($428k or 1.81k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$1.61M(9.15%)
IMPORT GROWTH (June 2023 - June 2024)$3.77M(34.1%)
MAIN EXPORTER (June 2024)California$9.36M
MAIN DESTINATION (June 2024)Canada$15.2M

This section shows Asbestos Cement Articles'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 Asbestos Cement Articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$195M
IMPORTS (2022)$165M
NET TRADE (2022)$30M

In 2022, United States exported $195M in Asbestos Cement Articles. The main destinations of United States exports on Asbestos Cement Articles were Canada ($158M), United Kingdom ($17.8M), Denmark ($3.24M), Netherlands ($3.15M), and France ($2.01M).

In 2022, United States imported $165M in Asbestos Cement Articles, mainly from Mexico ($48M), El Salvador ($34.6M), Canada ($27.9M), China ($13.3M), and Costa Rica ($12.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asbestos Cement Articles EXPORT MARKETS FOR United States WERE (2021 - 2022):
Bangladesh$918k (1%)
Canada$844k (0.54%)
Bahamas$741k (120%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asbestos Cement Articles BY United States WERE (2021 - 2022):
France-$2.35M (-53.8%)
Denmark-$1.41M (-30.3%)
United Kingdom-$1.38M (-7.2%)
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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 Asbestos Cement Articles were:
Thailand $220M
China $205M
In 2022, United States's main importing competitors in Asbestos Cement Articles were:
Canada $168M
United Kingdom $133M

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Trade Value of Asbestos Cement Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.1M
TOP IMPORT POTENTIALChina+ $5.46M

Asbestos Cement Articles’s highest export potential is France. With an export gap of $1.1M.   Asbestos Cement Articles’s highest import potential is China with an import gap of $5.46M.

See methodology.

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