Locks of base metal, nes in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $204M in Locks of base metal, nes, making it the 5th largest exporter of Locks of base metal, nes in the world. At the same year, Locks of base metal, nes was the 985th most exported product in United States. The main destination of Locks of base metal, nes exports from United States are: Canada ($63.3M), Mexico ($25.7M), India ($10.9M), Germany ($9.98M), and China ($6.56M).

Imports In 2022, United States imported $1.48B in Locks of base metal, nes, becoming the 1st largest importer of Locks of base metal, nes in the world. At the same year, Locks of base metal, nes was the 348th most imported product in United States. United States imports Locks of base metal, nes primarily from: China ($469M), Mexico ($468M), Chinese Taipei ($248M), Canada ($82.1M), and Vietnam ($66.3M).

The fastest growing import markets in Locks of base metal, nes for United States between 2021 and 2022 were China ($57M), Mexico ($44.9M), and Chinese Taipei ($36.2M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Locks of base metal, nes to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Locks of base metal, nes exports accounted up to $22.9M and imports accounted up to $104M, resulting in a negative trade balance of $81.3M. Between June 2023 and June 2024 the exports of United States' Locks of base metal, nes have increased by $3.21M (16.3%) from $19.6M to $22.9M, while imports decreased by $-16.7M (-13.8%) from $121M to $104M.

Destinations In June 2024, Locks of base metal, nes were exported mostly to Canada ($8.06M), Mexico ($3.27M), China ($2.49M), Australia ($906k), and Germany ($894k), and were imported mostly from Mexico ($41.6M), China ($23.6M), Chinese Taipei ($12.8M), Dominican Republic ($7.56M), and Canada ($7.25M).

Growth In June 2024, the increase in Locks of base metal, nes's year-by-year exports was explained primarily by an increase in exports to Australia ($369k or 179%), Hungary ($347k or 262%), and Chile ($226k or 314%). In June 2024, the decrease in Locks of base metal, nes's year-by-year imports was explained primarily by a decrease in imports from China ($-6.4M or -21.5%), Turkey ($-161k or -98%), and Philippines ($-141k or -26.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$3.21M(16.3%)

IMPORT GROWTH (June 2023 - June 2024)$-16.7M(-13.8%)

MAIN DESTINATION (June 2024)Canada$8.06M

This section shows Locks of base metal, nes'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 Locks of base metal, nes over time.

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