2022
Exports
$757MWorld Rnk 2 / 213
Flag Rnk 303 / 1217
2022
PRODUCT COMPLEXITY IN Gaskets
1.44Rnk 64 / 1025
2022
Imports
$579MWorld Rnk 1 / 220
Flag Rnk 499 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $757M in Gaskets, making it the 2nd largest exporter of Gaskets in the world. At the same year, Gaskets was the 303rd most exported product in United States. The main destination of Gaskets exports from United States are: Canada ($131M), Mexico ($107M), China ($55.1M), Germany ($39.4M), and Singapore ($37.2M).

The fastest growing export markets for Gaskets of United States between 2021 and 2022 were Canada ($24.1M), Mexico ($11.9M), and South Korea ($7.43M).

Imports In 2022, United States imported $579M in Gaskets, becoming the 1st largest importer of Gaskets in the world. At the same year, Gaskets was the 499th most imported product in United States. United States imports Gaskets primarily from: Germany ($97.3M), Japan ($88.3M), Mexico ($87.8M), China ($65.5M), and France ($43M).

The fastest growing import markets in Gaskets for United States between 2021 and 2022 were Mexico ($17.2M), Germany ($13.6M), and France ($12.3M).

COMPANIES In 2023, leading companies such as Robert Bosch (355), Toyota (115), and Victaulic (70) were at the forefront of shipping Gaskets to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-37.3M(-24%)
IMPORT GROWTH (September 2023 - September 2024)$6.77M(11.5%)
MAIN EXPORTER (September 2024)Kentucky$68.3M
MAIN DESTINATION (September 2024)Mexico$30.8M

This section shows Gaskets'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 Gaskets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$757M
IMPORTS (2022)$579M
NET TRADE (2022)$178M

In 2022, United States exported $757M in Gaskets. The main destinations of United States exports on Gaskets were Canada ($131M), Mexico ($107M), China ($55.1M), Germany ($39.4M), and Singapore ($37.2M).

In 2022, United States imported $579M in Gaskets, mainly from Germany ($97.3M), Japan ($88.3M), Mexico ($87.8M), China ($65.5M), and France ($43M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gaskets EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$24.1M (22.4%)
Mexico$11.9M (12.6%)
South Korea$7.43M (29.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gaskets BY United States WERE (2021 - 2022):
Russia-$4.01M (-85.5%)
Iraq-$3.07M (-47.1%)
Japan-$2.1M (-10.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Gaskets were:
In 2022, United States's main importing competitors in Gaskets were:

Explore Visualizations

Trade Value of Gaskets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $17.8M
TOP IMPORT POTENTIALChina+ $23.6M

Gaskets’s highest export potential is China. With an export gap of $17.8M.   Gaskets’s highest import potential is China with an import gap of $23.6M.

See methodology.

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