2022
Exports
$252MWorld Rnk 8 / 207
Flag Rnk 548 / 1217
2022
PRODUCT COMPLEXITY IN Iron Housewares
-0.78Rnk 776 / 1025
2022
Imports
$3.97BWorld Rnk 1 / 223
Flag Rnk 141 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $252M in Iron Housewares, making it the 8th largest exporter of Iron Housewares in the world. At the same year, Iron Housewares was the 548th most exported product in United States. The main destination of Iron Housewares exports from United States are: Canada ($101M), Mexico ($32.4M), South Korea ($18.6M), Australia ($6.95M), and United Kingdom ($5.68M).

The fastest growing export markets for Iron Housewares of United States between 2021 and 2022 were Mexico ($9.52M), Nigeria ($3.42M), and Jamaica ($1.48M).

Imports In 2022, United States imported $3.97B in Iron Housewares, becoming the 1st largest importer of Iron Housewares in the world. At the same year, Iron Housewares was the 141st most imported product in United States. United States imports Iron Housewares primarily from: China ($3.01B), India ($276M), Chinese Taipei ($129M), Hungary ($115M), and France ($66.5M).

The fastest growing import markets in Iron Housewares for United States between 2021 and 2022 were Hungary ($92.9M), India ($12.3M), and Vietnam ($11M).

COMPANIES In 2023, leading companies such as IKEA Group (1.3k), Groupe SEB (587), and Conair (384) were at the forefront of shipping Iron Housewares to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-4.59M(-18.7%)
IMPORT GROWTH (June 2023 - June 2024)$34.1M(12.9%)
MAIN EXPORTER (June 2024)Wisconsin$4.12M
MAIN DESTINATION (June 2024)Canada$10.3M

This section shows Iron Housewares'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 Iron Housewares over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$252M
IMPORTS (2022)$3.97B
NET TRADE (2022)-$3.72B

In 2022, United States exported $252M in Iron Housewares. The main destinations of United States exports on Iron Housewares were Canada ($101M), Mexico ($32.4M), South Korea ($18.6M), Australia ($6.95M), and United Kingdom ($5.68M).

In 2022, United States imported $3.97B in Iron Housewares, mainly from China ($3.01B), India ($276M), Chinese Taipei ($129M), Hungary ($115M), and France ($66.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Housewares EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$9.52M (41.7%)
Nigeria$3.42M (284%)
Jamaica$1.48M (153%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Housewares BY United States WERE (2021 - 2022):
United Kingdom-$1.64M (-22.5%)
Canada-$1.62M (-1.58%)
Guatemala-$1.26M (-32.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Iron Housewares were:
China $12.2B
India $744M
In 2022, United States's main importing competitors in Iron Housewares were:

Explore Visualizations

Trade Value of Iron Housewares by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.59M
TOP IMPORT POTENTIALIndia+ $59.4M

Iron Housewares’s highest export potential is Germany. With an export gap of $3.59M.   Iron Housewares’s highest import potential is India with an import gap of $59.4M.

See methodology.

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