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2023
Exports $197MWorld Rnk 15 / 179
Flag Rnk 570 / 1217
2023
Destination $6.64M Canada
2022 - 2023
FASTEST GROWING MARKET $6.64MMexico
2023
PRODUCT COMPLEXITY IN Cement Articles0.5Rnk 373 / 1025
2023
Imports $2.66BWorld Rnk 1 / 224
Flag Rnk 185 / 1215
2023
Origin $171M Vietnam
2022 - 2023
FASTEST GROWING ORIGIN $171MIndia
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $197M in Cement Articles, making it the 15th largest exporter of Cement Articles in the world. At the same year, Cement Articles was the 570th most exported product in United States. The main destination of Cement Articles exports from United States are: Canada ($132M), Mexico ($11.1M), United Kingdom ($6.11M), Bahamas ($5.51M), and Italy ($5.21M).

The fastest growing export markets for Cement Articles of United States between 2022 and 2023 were Mexico ($6.64M), Bahamas ($2.77M), and Dominican Republic ($1.23M).

Imports In 2023, United States imported $2.66B in Cement Articles, becoming the 1st largest importer of Cement Articles in the world. At the same year, Cement Articles was the 185th most imported product in United States. United States imports Cement Articles primarily from: Vietnam ($447M), India ($444M), Mexico ($279M), Spain ($276M), and China ($261M).

The fastest growing import markets in Cement Articles for United States between 2022 and 2023 were India ($171M), Thailand ($65.3M), and Philippines ($17M).

COMPANIES In 2023, leading companies such as Cosentino (2.46k), Konecranes (194), and Emser Tile (155) were at the forefront of shipping Cement Articles to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Cement Articles exports accounted up to $16.7M and imports accounted up to $233M, resulting in a negative trade balance of $216M. Between November 2023 and November 2024 the exports of United States'   Cement Articles have decreased by $-3.41M (-16.9%) from $20.2M to $16.7M, while imports increased by $31.3M (15.5%) from $201M to $233M.

Destinations In November 2024, Cement Articles were exported mostly to Canada ($10.6M), Bahamas ($2.95M), United Arab Emirates ($563k), Mexico ($413k), and Ireland ($226k), and were imported mostly from India ($55.3M), Vietnam ($35M), Thailand ($27M), Spain ($18.9M), and Mexico ($18M).

Growth In November 2024, the decrease in Cement Articles's year-by-year exports was explained primarily by a decrease in exports to Ireland ($-877k or -90.6%), Canada ($-664k or -4.86%), and South Korea ($-479k or -99%). In November 2024, the increase in Cement Articles's year-by-year imports was explained primarily by an increase in imports from Vietnam ($8.75M or 27.2%), Thailand ($4.19M or 49.6%), and Turkey ($2.35M or 52%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-3.41M(-16.9%)
IMPORT GROWTH (November 2023 - November 2024)$31.3M(15.5%)
MAIN EXPORTER (November 2024)Florida$4.29M
MAIN DESTINATION (November 2024)Canada$10.6M

This section shows 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 Cement Articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$197M
IMPORTS (2023)$2.66B
NET TRADE (2023)-$2.46B

In 2023, United States exported $197M in Cement Articles. The main destinations of United States exports on Cement Articles were Canada ($132M), Mexico ($11.1M), United Kingdom ($6.11M), Bahamas ($5.51M), and Italy ($5.21M).

In 2023, United States imported $2.66B in Cement Articles, mainly from Vietnam ($447M), India ($444M), Mexico ($279M), Spain ($276M), and China ($261M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cement Articles EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$6.64M (147%)
Bahamas$2.77M (101%)
Dominican Republic$1.23M (78.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement Articles BY United States WERE (2022 - 2023):
Canada-$22.8M (-14.8%)
Ireland-$5.45M (-51.9%)
Italy-$3.3M (-38.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Cement Articles were:
China $2.18B
Germany $919M
Malaysia $848M
In 2023, United States's main importing competitors in Cement Articles were:
Singapore $704M
Netherlands $559M

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Trade Value of Cement Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $4.04M
TOP IMPORT POTENTIALChina+ $93.3M

Cement Articles’s highest export potential is United Kingdom. With an export gap of $4.04M.   Cement Articles’s highest import potential is China with an import gap of $93.3M.

See methodology.

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