Felt or Coated Fabric Garments in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $232M in Felt or Coated Fabric Garments, making it the 13th largest exporter of Felt or Coated Fabric Garments in the world. At the same year, Felt or Coated Fabric Garments was the 560th most exported product in United States. The main destination of Felt or Coated Fabric Garments exports from United States are: Mexico ($96M), Canada ($61M), Netherlands ($7.31M), Australia ($6.87M), and Guatemala ($4.14M).

The fastest growing export markets for Felt or Coated Fabric Garments of United States between 2021 and 2022 were Mexico ($6.22M), Netherlands ($3.17M), and Guatemala ($1.7M).

Imports In 2022, United States imported $2.39B in Felt or Coated Fabric Garments, becoming the 1st largest importer of Felt or Coated Fabric Garments in the world. At the same year, Felt or Coated Fabric Garments was the 214th most imported product in United States. United States imports Felt or Coated Fabric Garments primarily from: China ($894M), Vietnam ($428M), Bangladesh ($163M), Italy ($146M), and Mexico ($145M).

The fastest growing import markets in Felt or Coated Fabric Garments for United States between 2021 and 2022 were Bangladesh ($61.7M), Italy ($53.5M), and Canada ($10.4M).

COMPANIES In 2023, leading companies such as ADIDAS INTERNATIONAL TRADING AG (15.8k), OLD NAVY (CANADA) INC (3.74k), and DUPONT SPECIALTY PRODUCTS USA, LLC (3.52k) were at the forefront of shipping Felt or Coated Fabric Garments to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Felt or Coated Fabric Garments exports accounted up to $19M and imports accounted up to $135M, resulting in a negative trade balance of $116M. Between January 2023 and January 2024 the exports of United States' Felt or Coated Fabric Garments have decreased by $-1.71M (-8.26%) from $20.7M to $19M, while imports increased by $501k (0.37%) from $135M to $135M.

Destinations In January 2024, Felt or Coated Fabric Garments were exported mostly to Mexico ($8.69M), Canada ($5.31M), China ($597k), Australia ($541k), and Japan ($438k), and were imported mostly from China ($62.9M), Vietnam ($26.1M), Mexico ($10M), Bangladesh ($6.91M), and Honduras ($6.59M).

Growth In January 2024, the decrease in Felt or Coated Fabric Garments's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-660k or -8.1%), Australia ($-305k or -53.3%), and Qatar ($-195k or -98.6%). In January 2024, the increase in Felt or Coated Fabric Garments's year-by-year imports was explained primarily by an increase in imports from Canada ($1.61M or 116%), Sri Lanka ($415k or 462%), and Portugal ($381k or 377%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-1.71M(-8.26%)

IMPORT GROWTH (January 2023 - January 2024)$501k(0.37%)

MAIN EXPORTER (January 2024)Texas$4.4M

MAIN DESTINATION (January 2024)Mexico$8.69M

This section shows Felt or Coated Fabric Garments'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 Felt or Coated Fabric Garments over time.

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