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2023
Exports $874kWorld Rnk 13 / 66
Flag Rnk 1182 / 1217
2023
Destination $202k Costa Rica
2022 - 2023
FASTEST GROWING MARKET $202kCosta Rica
2023
Imports $8.24MWorld Rnk 8 / 128
Flag Rnk 1121 / 1215
2023
Origin $265k China
2022 - 2023
FASTEST GROWING ORIGIN $265kMexico
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $874k in Non-Retail Silk Yarn, making it the 13th largest exporter of Non-Retail Silk Yarn in the world. At the same year, Non-Retail Silk Yarn was the 1182nd most exported product in United States. The main destination of Non-Retail Silk Yarn exports from United States are: Costa Rica ($682k), Belgium ($77.1k), Dominican Republic ($28.8k), Canada ($14.4k), and Trinidad and Tobago ($12.4k).

The fastest growing export markets for Non-Retail Silk Yarn of United States between 2022 and 2023 were Costa Rica ($202k), Belgium ($77.1k), and Trinidad and Tobago ($12.4k).

Imports In 2023, United States imported $8.24M in Non-Retail Silk Yarn, becoming the 8th largest importer of Non-Retail Silk Yarn in the world. At the same year, Non-Retail Silk Yarn was the 1121st most imported product in United States. United States imports Non-Retail Silk Yarn primarily from: China ($4.24M), Mexico ($2.19M), Switzerland ($729k), France ($411k), and Italy ($178k).

The fastest growing import markets in Non-Retail Silk Yarn for United States between 2022 and 2023 were Mexico ($265k), Switzerland ($259k), and France ($209k).

COMPANIES In 2023, leading companies such as Amazon (2) were at the forefront of shipping Non-Retail Silk Yarn to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Non-Retail Silk Yarn exports accounted up to $0 and imports accounted up to $519k, resulting in a negative trade balance of $519k. Between November 2023 and November 2024 the exports of United States'   Non-Retail Silk Yarn have decreased by $-9.44k (-100%) from $9.44k to $0, while imports decreased by $-78.6k (-13.2%) from $597k to $519k.

Destinations In November 2024, Non-Retail Silk Yarn were exported mostly to South Africa ($0), China ($0), Japan ($0), and Belgium ($0), and were imported mostly from China ($237k), Switzerland ($127k), Mexico ($90.7k), Italy ($38.8k), and Japan ($12.2k).

Growth In November 2024, the decrease in Non-Retail Silk Yarn's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the decrease in Non-Retail Silk Yarn's year-by-year imports was explained primarily by a decrease in imports from China ($-425k or -89.4%) and Nicaragua ($-716 or -12.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-9.44k(-100%)
IMPORT GROWTH (November 2023 - November 2024)$-78.6k(-13.2%)
MAIN EXPORTER (November 2024)New Mexico$34.6k
MAIN DESTINATION (November 2024)South Africa$0

This section shows Non-Retail Silk 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 Non-Retail Silk Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$874k
IMPORTS (2023)$8.24M
NET TRADE (2023)-$7.36M

In 2023, United States exported $874k in Non-Retail Silk Yarn. The main destinations of United States exports on Non-Retail Silk Yarn were Costa Rica ($682k), Belgium ($77.1k), Dominican Republic ($28.8k), Canada ($14.4k), and Trinidad and Tobago ($12.4k).

In 2023, United States imported $8.24M in Non-Retail Silk Yarn, mainly from China ($4.24M), Mexico ($2.19M), Switzerland ($729k), France ($411k), and Italy ($178k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Silk Yarn EXPORT MARKETS FOR United States WERE (2022 - 2023):
Costa Rica$202k (42%)
Belgium$77.1k (1%)
Trinidad and Tobago$12.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Silk Yarn BY United States WERE (2022 - 2023):
Singapore-$162k (-99.5%)
Vietnam-$26.2k (-100%)
Mexico-$19k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Non-Retail Silk Yarn were:
Romania $104M
China $78.4M
Vietnam $30M
In 2023, United States's main importing competitors in Non-Retail Silk Yarn were:
Italy $125M
Japan $32.2M
France $29.8M

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Trade Value of Non-Retail Silk Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $19.1k
TOP IMPORT POTENTIALItaly+ $197k

Non-Retail Silk Yarn’s highest export potential is Germany. With an export gap of $19.1k.   Non-Retail Silk Yarn’s highest import potential is Italy with an import gap of $197k.

See methodology.

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