2022
Exports
$19.3MWorld Rnk 5 / 132
Flag Rnk 989 / 1217
2022
PRODUCT COMPLEXITY IN Cooking Hand Tools
0.5Rnk 368 / 1025
2022
Imports
$105MWorld Rnk 1 / 209
Flag Rnk 873 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $19.3M in Cooking Hand Tools, making it the 5th largest exporter of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 989th most exported product in United States. The main destination of Cooking Hand Tools exports from United States are: Canada ($9.24M), Mexico ($1.55M), Costa Rica ($1.36M), Germany ($1.04M), and South Korea ($709k).

The fastest growing export markets for Cooking Hand Tools of United States between 2021 and 2022 were Mexico ($1.1M), Costa Rica ($575k), and Germany ($327k).

Imports In 2022, United States imported $105M in Cooking Hand Tools, becoming the 1st largest importer of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 873rd most imported product in United States. United States imports Cooking Hand Tools primarily from: China ($75.5M), France ($5.13M), Italy ($4.8M), Portugal ($3.44M), and Colombia ($3.43M).

The fastest growing import markets in Cooking Hand Tools for United States between 2021 and 2022 were India ($1.06M), Colombia ($789k), and France ($734k).

COMPANIES In 2023, leading companies such as Lollicup (524), Walong Marketing (51), and QVC Inc (16) were at the forefront of shipping Cooking Hand Tools to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-372k(-21.4%)
IMPORT GROWTH (July 2023 - July 2024)$3.34M(32.6%)
MAIN EXPORTER (July 2024)Illinois$283k
MAIN DESTINATION (July 2024)Canada$766k

This section shows Cooking Hand Tools'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 Cooking Hand Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19.3M
IMPORTS (2022)$105M
NET TRADE (2022)-$85.6M

In 2022, United States exported $19.3M in Cooking Hand Tools. The main destinations of United States exports on Cooking Hand Tools were Canada ($9.24M), Mexico ($1.55M), Costa Rica ($1.36M), Germany ($1.04M), and South Korea ($709k).

In 2022, United States imported $105M in Cooking Hand Tools, mainly from China ($75.5M), France ($5.13M), Italy ($4.8M), Portugal ($3.44M), and Colombia ($3.43M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cooking Hand Tools EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$1.1M (239%)
Costa Rica$575k (73.5%)
Germany$327k (46%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cooking Hand Tools BY United States WERE (2021 - 2022):
Canada-$1.21M (-11.6%)
Venezuela-$685k (-85.7%)
France-$149k (-81.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Cooking Hand Tools were:
China $357M
Germany $40.9M
France $33.7M
In 2022, United States's main importing competitors in Cooking Hand Tools were:

Explore Visualizations

Trade Value of Cooking Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $368k
TOP IMPORT POTENTIALGermany+ $1.13M

Cooking Hand Tools’s highest export potential is Germany. With an export gap of $368k.   Cooking Hand Tools’s highest import potential is Germany with an import gap of $1.13M.

See methodology.

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