Metal Molds in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $893M in Metal Molds, making it the 6th largest exporter of Metal Molds in the world. At the same year, Metal Molds was the 275th most exported product in United States. The main destination of Metal Molds exports from United States are: Mexico ($534M), Canada ($151M), China ($24M), Germany ($18.5M), and United Kingdom ($17.8M).

The fastest growing export markets for Metal Molds of United States between 2021 and 2022 were Mexico ($30.1M), United Kingdom ($9.18M), and Malaysia ($5.9M).

Imports In 2022, United States imported $2.94B in Metal Molds, becoming the 1st largest importer of Metal Molds in the world. At the same year, Metal Molds was the 190th most imported product in United States. United States imports Metal Molds primarily from: Canada ($1.11B), China ($571M), Mexico ($208M), Japan ($200M), and Germany ($183M).

The fastest growing import markets in Metal Molds for United States between 2021 and 2022 were Canada ($52.6M), Switzerland ($12.3M), and China ($7.11M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (5.45k), ROBERT BOSCH TOOL CORPORATION (2.75k), and LG ELECTRONICS U.S.A. INC. (1.6k) were at the forefront of shipping Metal Molds to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Metal Molds exports accounted up to $76M and imports accounted up to $228M, resulting in a negative trade balance of $152M. Between January 2023 and January 2024 the exports of United States' Metal Molds have decreased by $-11.8M (-13.4%) from $87.8M to $76M, while imports increased by $26.9M (13.4%) from $201M to $228M.

Destinations In January 2024, Metal Molds were exported mostly to Mexico ($48.5M), Canada ($12.9M), China ($2.2M), Germany ($2.11M), and Poland ($948k), and were imported mostly from Canada ($79.1M), China ($38.8M), South Korea ($30.6M), Germany ($14.2M), and Japan ($13.6M).

Growth In January 2024, the decrease in Metal Molds's year-by-year exports was explained primarily by a decrease in exports to Italy ($-2.69M or -99.8%), China ($-740k or -35.2%), and Japan ($-350k or -53.6%). In January 2024, the increase in Metal Molds's year-by-year imports was explained primarily by an increase in imports from Canada ($5.89M or 7.03%), Thailand ($2.13M or 64.8%), and Germany ($1.93M or 13%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-11.8M(-13.4%)

IMPORT GROWTH (January 2023 - January 2024)$26.9M(13.4%)

MAIN EXPORTER (January 2024)California$10.5M

MAIN DESTINATION (January 2024)Mexico$48.5M

This section shows Metal Molds'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 Metal Molds over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$893M

IMPORTS (2022)$2.94B

NET TRADE (2022)-$2.05B

In 2022, United States exported $893M in Metal Molds. The main destinations of United States exports on Metal Molds were Mexico ($534M), Canada ($151M), China ($24M), Germany ($18.5M), and United Kingdom ($17.8M).

In 2022, United States imported $2.94B in Metal Molds, mainly from Canada ($1.11B), China ($571M), Mexico ($208M), Japan ($200M), and Germany ($183M).

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