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2022
Exports $1.82BWorld Rnk 3 / 195
Flag Rnk 172 / 1217
2022
Destination $68.7M Mexico
2021 - 2022
FASTEST GROWING MARKET $68.7MMexico
2022
PRODUCT COMPLEXITY IN Glues1.14Rnk 119 / 1025
2022
Imports $717MWorld Rnk 4 / 224
Flag Rnk 464 / 1216
2022
Origin $21.5M Germany
2021 - 2022
FASTEST GROWING ORIGIN $21.5MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.82B in Glues, making it the 3rd largest exporter of Glues in the world. At the same year, Glues was the 172nd most exported product in United States. The main destination of Glues exports from United States are: Mexico ($459M), Canada ($448M), China ($126M), Germany ($75M), and Brazil ($38M).

The fastest growing export markets for Glues of United States between 2021 and 2022 were Mexico ($68.7M), Canada ($67.5M), and Brazil ($10.9M).

Imports In 2022, United States imported $717M in Glues, becoming the 4th largest importer of Glues in the world. At the same year, Glues was the 464th most imported product in United States. United States imports Glues primarily from: Germany ($126M), China ($126M), Canada ($114M), Mexico ($78.1M), and South Korea ($59.9M).

The fastest growing import markets in Glues for United States between 2021 and 2022 were Mexico ($21.5M), Canada ($16.1M), and China ($13.8M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (13.3k), JBS Foods (298), and Goya Foods (219) were at the forefront of shipping Glues to the United States.

Latest Trends

April 2024

About

Overview In April 2024 United States' Glues exports accounted up to $152M and imports accounted up to $63.6M, resulting in a positive trade balance of $88.7M. Between April 2023 and April 2024 the exports of United States'   Glues have increased by $16.2M (11.9%) from $136M to $152M, while imports increased by $8.62M (15.7%) from $55M to $63.6M.

Destinations In April 2024, Glues were exported mostly to Mexico ($42.2M), Canada ($38.2M), China ($8.23M), Germany ($6.7M), and South Korea ($3.45M), and were imported mostly from Germany ($16.9M), Canada ($7.32M), Mexico ($7.21M), China ($6.26M), and South Korea ($4.02M).

Growth In April 2024, the increase in Glues's year-by-year exports was explained primarily by an increase in exports to Mexico ($6.77M or 20.1%), Canada ($3.3M or 9.98%), and France ($1.53M or 277%). In April 2024, the increase in Glues's year-by-year imports was explained primarily by an increase in imports from Germany ($3.13M or 33.8%), China ($1.47M or 24.1%), and Poland ($770k or 949%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)$16.2M(11.9%)
IMPORT GROWTH (April 2023 - April 2024)$8.62M(15.7%)
MAIN EXPORTER (April 2024)California$27.2M
MAIN DESTINATION (April 2024)Mexico$42.2M

This section shows Glues'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 Glues over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.82B
IMPORTS (2022)$717M
NET TRADE (2022)$1.1B

In 2022, United States exported $1.82B in Glues. The main destinations of United States exports on Glues were Mexico ($459M), Canada ($448M), China ($126M), Germany ($75M), and Brazil ($38M).

In 2022, United States imported $717M in Glues, mainly from Germany ($126M), China ($126M), Canada ($114M), Mexico ($78.1M), and South Korea ($59.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glues EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$68.7M (17.6%)
Canada$67.5M (17.7%)
Brazil$10.9M (39.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glues BY United States WERE (2021 - 2022):
Vietnam-$29.2M (-54.3%)
China-$25.2M (-16.7%)
Thailand-$22.4M (-44.3%)
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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 Glues were:
China $2.73B
Germany $2.52B
In 2022, United States's main importing competitors in Glues were:
China $1.3B
Germany $816M
Vietnam $750M

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Trade Value of Glues by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $36.7M
TOP IMPORT POTENTIALChina+ $44.7M

Glues’s highest export potential is China. With an export gap of $36.7M.   Glues’s highest import potential is China with an import gap of $44.7M.

See methodology.

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