2022
Exports
$82.2MWorld Rnk 14 / 171
Flag Rnk 775 / 1217
2022
PRODUCT COMPLEXITY IN Iron Nails
-0.5Rnk 699 / 1025
2022
Imports
$1.65BWorld Rnk 1 / 220
Flag Rnk 291 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $82.2M in Iron Nails, making it the 14th largest exporter of Iron Nails in the world. At the same year, Iron Nails was the 775th most exported product in United States. The main destination of Iron Nails exports from United States are: Canada ($32.3M), Mexico ($27.6M), United Kingdom ($4.6M), Australia ($1.94M), and Bahamas ($1.42M).

The fastest growing export markets for Iron Nails of United States between 2021 and 2022 were Mexico ($19.7M), United Kingdom ($1.42M), and Australia ($552k).

Imports In 2022, United States imported $1.65B in Iron Nails, becoming the 1st largest importer of Iron Nails in the world. At the same year, Iron Nails was the 291st most imported product in United States. United States imports Iron Nails primarily from: China ($349M), Oman ($233M), Canada ($107M), South Korea ($104M), and Thailand ($97.1M).

The fastest growing import markets in Iron Nails for United States between 2021 and 2022 were Oman ($82.5M), Lithuania ($40.6M), and India ($33M).

COMPANIES In 2023, leading companies such as Continental Materials (1.94k), Stanley Black & Decker (69), and CrimsonLogic (38) were at the forefront of shipping Iron Nails to the United States.

Latest Trends

April 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)$942k(21.2%)
IMPORT GROWTH (April 2023 - April 2024)$8.34M(10.3%)
MAIN EXPORTER (April 2024)Arkansas$1.2M
MAIN DESTINATION (April 2024)Canada$3.39M

This section shows Iron Nails'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 Nails over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$82.2M
IMPORTS (2022)$1.65B
NET TRADE (2022)-$1.56B

In 2022, United States exported $82.2M in Iron Nails. The main destinations of United States exports on Iron Nails were Canada ($32.3M), Mexico ($27.6M), United Kingdom ($4.6M), Australia ($1.94M), and Bahamas ($1.42M).

In 2022, United States imported $1.65B in Iron Nails, mainly from China ($349M), Oman ($233M), Canada ($107M), South Korea ($104M), and Thailand ($97.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Nails EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$19.7M (250%)
United Kingdom$1.42M (44.8%)
Australia$552k (39.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Nails BY United States WERE (2021 - 2022):
Netherlands-$376k (-54.8%)
China-$205k (-37.3%)
Moldova-$175k (-93.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Iron Nails by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $896k
TOP IMPORT POTENTIALCanada+ $30.4M

Iron Nails’s highest export potential is Germany. With an export gap of $896k.   Iron Nails’s highest import potential is Canada with an import gap of $30.4M.

See methodology.

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