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2022
Exports $593kWorld Rnk 10 / 81
Flag Rnk 1193 / 1217
2022
Destination $307k Vietnam
2021 - 2022
FASTEST GROWING MARKET $307kVietnam
2022
PRODUCT COMPLEXITY IN Jute Yarn-1.22Rnk 882 / 1025
2022
Imports $7.52MWorld Rnk 10 / 166
Flag Rnk 1138 / 1216
2022
Origin $63.8k Bangladesh
2021 - 2022
FASTEST GROWING ORIGIN $63.8kBelgium
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $593k in Jute Yarn, making it the 10th largest exporter of Jute Yarn in the world. At the same year, Jute Yarn was the 1193rd most exported product in United States. The main destination of Jute Yarn exports from United States are: Vietnam ($307k), Panama ($78.6k), South Korea ($73.6k), Qatar ($51.7k), and China ($39.7k).

The fastest growing export markets for Jute Yarn of United States between 2021 and 2022 were Vietnam ($307k), Panama ($78.6k), and South Korea ($73.6k).

Imports In 2022, United States imported $7.52M in Jute Yarn, becoming the 10th largest importer of Jute Yarn in the world. At the same year, Jute Yarn was the 1138th most imported product in United States. United States imports Jute Yarn primarily from: Bangladesh ($6.19M), China ($1.03M), India ($156k), Belgium ($75.1k), and Chinese Taipei ($17.7k).

The fastest growing import markets in Jute Yarn for United States between 2021 and 2022 were Belgium ($63.8k), China ($29.4k), and United Kingdom ($13.4k).

Latest Trends

June 2024

About

Overview In June 2024 United States' Jute Yarn exports accounted up to $24.1k and imports accounted up to $229k, resulting in a negative trade balance of $205k. Between June 2023 and June 2024 the exports of United States'   Jute Yarn have increased by $24.1k (N/A%) from $0 to $24.1k, while imports increased by $75.8k (49.5%) from $153k to $229k.

Destinations In June 2024, Jute Yarn were exported mostly to Panama ($24.1k), United Arab Emirates ($0), Guatemala ($0), and Mexico ($0), and were imported mostly from India ($113k), Bangladesh ($54.5k), China ($52.7k), Canada ($3.5k), and Egypt ($2.4k).

Growth In June 2024, the increase in Jute Yarn's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Jute Yarn's year-by-year imports was explained primarily by an increase in imports from China ($19.7k or 109%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$24.1k(N/A%)
IMPORT GROWTH (June 2023 - June 2024)$75.8k(49.5%)
MAIN EXPORTER (June 2024)Georgia$24.1k
MAIN DESTINATION (June 2024)Panama$24.1k

This section shows Jute Yarn'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 Jute Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$593k
IMPORTS (2022)$7.52M
NET TRADE (2022)-$6.93M

In 2022, United States exported $593k in Jute Yarn. The main destinations of United States exports on Jute Yarn were Vietnam ($307k), Panama ($78.6k), South Korea ($73.6k), Qatar ($51.7k), and China ($39.7k).

In 2022, United States imported $7.52M in Jute Yarn, mainly from Bangladesh ($6.19M), China ($1.03M), India ($156k), Belgium ($75.1k), and Chinese Taipei ($17.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jute Yarn EXPORT MARKETS FOR United States WERE (2021 - 2022):
Vietnam$307k (1%)
Panama$78.6k (1%)
South Korea$73.6k (3.68M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jute Yarn BY United States WERE (2021 - 2022):
Mexico-$58.5k (-80.2%)
Mozambique-$52.6k (-100%)
Uganda-$27k (-100%)
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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 Jute Yarn were:
Bangladesh $528M
India $16.4M
Turkey $12.6M
In 2022, United States's main importing competitors in Jute Yarn were:
Turkey $200M
China $127M
India $62.4M

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Trade Value of Jute Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $62.3k
TOP IMPORT POTENTIALBangladesh+ $986k

Jute Yarn’s highest export potential is China. With an export gap of $62.3k.   Jute Yarn’s highest import potential is Bangladesh with an import gap of $986k.

See methodology.

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