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2022
Exports $64.2MWorld Rnk 4 / 112
Flag Rnk 826 / 1217
2022
Destination $12.2M Egypt
2021 - 2022
FASTEST GROWING MARKET $12.2MEgypt
2022
PRODUCT COMPLEXITY IN Fireworks0.54Rnk 355 / 1025
2022
Imports $711MWorld Rnk 1 / 195
Flag Rnk 466 / 1216
2022
Origin $91.9M China
2021 - 2022
FASTEST GROWING ORIGIN $91.9MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $64.2M in Fireworks, making it the 4th largest exporter of Fireworks in the world. At the same year, Fireworks was the 826th most exported product in United States. The main destination of Fireworks exports from United States are: Egypt ($12.2M), Japan ($7.37M), Australia ($6.74M), Canada ($4.84M), and New Zealand ($4.13M).

The fastest growing export markets for Fireworks of United States between 2021 and 2022 were Egypt ($12.2M), Australia ($5.6M), and Hong Kong ($3.73M).

Imports In 2022, United States imported $711M in Fireworks, becoming the 1st largest importer of Fireworks in the world. At the same year, Fireworks was the 466th most imported product in United States. United States imports Fireworks primarily from: China ($675M), Spain ($8.98M), Germany ($5.86M), Israel ($5.04M), and Thailand ($4.41M).

The fastest growing import markets in Fireworks for United States between 2021 and 2022 were China ($91.9M), Spain ($6.12M), and Chinese Taipei ($2.24M).

COMPANIES In 2023, leading companies such as Disney Cruise Line (314), ZF Friedrichshafen (292), and TRW Vehicle Safety Systems (103) were at the forefront of shipping Fireworks to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Fireworks exports accounted up to $13.9M and imports accounted up to $62.5M, resulting in a negative trade balance of $48.5M. Between June 2023 and June 2024 the exports of United States'   Fireworks have increased by $2.27M (19.4%) from $11.7M to $13.9M, while imports increased by $9.77M (18.5%) from $52.7M to $62.5M.

Destinations In June 2024, Fireworks were exported mostly to United Kingdom ($5.98M), India ($1.79M), South Korea ($1.66M), Japan ($1.16M), and Poland ($1.02M), and were imported mostly from China ($60.6M), Germany ($522k), Spain ($487k), Cambodia ($222k), and Thailand ($161k).

Growth In June 2024, the increase in Fireworks's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($248k or 172%), Japan ($247k or 141%), and Netherlands ($123k or 636%). In June 2024, the increase in Fireworks's year-by-year imports was explained primarily by an increase in imports from Spain ($304k or 67.8%), United Kingdom ($248k or 403%), and Sweden ($191k or 449%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$2.27M(19.4%)
IMPORT GROWTH (June 2023 - June 2024)$9.77M(18.5%)
MAIN EXPORTER (June 2024)North Carolina$10M
MAIN DESTINATION (June 2024)United Kingdom$5.98M

This section shows Fireworks'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 Fireworks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$64.2M
IMPORTS (2022)$711M
NET TRADE (2022)-$647M

In 2022, United States exported $64.2M in Fireworks. The main destinations of United States exports on Fireworks were Egypt ($12.2M), Japan ($7.37M), Australia ($6.74M), Canada ($4.84M), and New Zealand ($4.13M).

In 2022, United States imported $711M in Fireworks, mainly from China ($675M), Spain ($8.98M), Germany ($5.86M), Israel ($5.04M), and Thailand ($4.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fireworks EXPORT MARKETS FOR United States WERE (2021 - 2022):
Egypt$12.2M (89.2k%)
Australia$5.6M (488%)
Hong Kong$3.73M (2.22k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fireworks BY United States WERE (2021 - 2022):
Poland-$9.46M (-97.9%)
Kuwait-$3.45M (-99.3%)
Singapore-$2.52M (-58.6%)
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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 Fireworks were:
China $1.29B
Germany $91.7M
France $89.4M
In 2022, United States's main importing competitors in Fireworks were:
Germany $94.5M
Netherlands $60.5M

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Trade Value of Fireworks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $1.27M
TOP IMPORT POTENTIALGermany+ $3.95M

Fireworks’s highest export potential is Canada. With an export gap of $1.27M.   Fireworks’s highest import potential is Germany with an import gap of $3.95M.

See methodology.

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