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2022
Exports $123MWorld Rnk 5 / 195
Flag Rnk 697 / 1217
2022
Destination $11.1M Canada
2021 - 2022
FASTEST GROWING MARKET $11.1MCanada
2022
PRODUCT COMPLEXITY IN Knives0.85Rnk 223 / 1025
2022
Imports $1.01BWorld Rnk 1 / 219
Flag Rnk 396 / 1216
2022
Origin $21.5M China
2021 - 2022
FASTEST GROWING ORIGIN $21.5MChinese Taipei
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $123M in Knives, making it the 5th largest exporter of Knives in the world. At the same year, Knives was the 697th most exported product in United States. The main destination of Knives exports from United States are: Canada ($36.2M), Mexico ($12.8M), Australia ($9.91M), Germany ($7.51M), and Netherlands ($5.81M).

The fastest growing export markets for Knives of United States between 2021 and 2022 were Canada ($11.1M), Australia ($5.59M), and Germany ($2.24M).

Imports In 2022, United States imported $1.01B in Knives, becoming the 1st largest importer of Knives in the world. At the same year, Knives was the 396th most imported product in United States. United States imports Knives primarily from: China ($630M), Germany ($73.4M), Chinese Taipei ($63.9M), Japan ($56.9M), and Vietnam ($33.9M).

The fastest growing import markets in Knives for United States between 2021 and 2022 were Chinese Taipei ($21.5M), Vietnam ($12.1M), and Japan ($2.97M).

COMPANIES In 2023, leading companies such as Stanley Black & Decker (131), Conair (57), and IKEA Group (53) were at the forefront of shipping Knives to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Knives exports accounted up to $15.1M and imports accounted up to $78.5M, resulting in a negative trade balance of $63.3M. Between August 2023 and August 2024 the exports of United States'   Knives have increased by $2.21M (17.1%) from $12.9M to $15.1M, while imports increased by $126k (0.16%) from $78.3M to $78.5M.

Destinations In August 2024, Knives were exported mostly to Canada ($5.6M), Germany ($1.85M), Mexico ($1.01M), South Africa ($911k), and China ($738k), and were imported mostly from China ($51.3M), Chinese Taipei ($5.46M), Japan ($4.6M), Germany ($4.05M), and Vietnam ($3.5M).

Growth In August 2024, the increase in Knives's year-by-year exports was explained primarily by an increase in exports to Canada ($371k or 9.64%), France ($295k or 167%), and Turkey ($89.2k or 119%). In August 2024, the increase in Knives's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($1.69M or 31.7%), France ($671k or 127%), and Pakistan ($408k or 49.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$2.21M(17.1%)
IMPORT GROWTH (August 2023 - August 2024)$126k(0.16%)
MAIN EXPORTER (August 2024)Oregon$4.54M
MAIN DESTINATION (August 2024)Canada$5.6M

This section shows Knives'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 Knives over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$123M
IMPORTS (2022)$1.01B
NET TRADE (2022)-$885M

In 2022, United States exported $123M in Knives. The main destinations of United States exports on Knives were Canada ($36.2M), Mexico ($12.8M), Australia ($9.91M), Germany ($7.51M), and Netherlands ($5.81M).

In 2022, United States imported $1.01B in Knives, mainly from China ($630M), Germany ($73.4M), Chinese Taipei ($63.9M), Japan ($56.9M), and Vietnam ($33.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knives EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$11.1M (44%)
Australia$5.59M (130%)
Germany$2.24M (42.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knives BY United States WERE (2021 - 2022):
France-$1.33M (-31.5%)
Russia-$996k (-79.8%)
Chinese Taipei-$735k (-57.8%)
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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 Knives were:
China $1.87B
Germany $359M
Japan $187M
In 2022, United States's main importing competitors in Knives were:
Germany $291M
France $180M

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Trade Value of Knives by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $2.44M
TOP IMPORT POTENTIALCanada+ $5.65M

Knives’s highest export potential is Canada. With an export gap of $2.44M.   Knives’s highest import potential is Canada with an import gap of $5.65M.

See methodology.

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