Non-Retail Synthetic Filament Yarn in United States 2020 Exports | Imports : $685M | $920M, World Rnk 5 / 147 Rnk 290 / 1217 | World Rnk 2 / 211 Rnk 331 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $8.72M | $15.6M, Poland | Dominican Republic
2020 ECONOMIC COMPLEXITY of United States: 1.56, Rnk 9 / 127
2020 PRODUCT COMPLEXITY IN Non-Retail Synthetic Filament Yarn: 0.2, Rnk 482 / 1029
Exports In 2020, United States exported $685M in Non-Retail Synthetic Filament Yarn, making it the 5th largest exporter of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 290th most exported product in United States. The main destination of Non-Retail Synthetic Filament Yarn exports from United States are: Mexico ($124M), Canada ($66.3M), China ($52.9M), Belgium ($42.4M), and El Salvador ($41.4M).
The fastest growing export markets for Non-Retail Synthetic Filament Yarn of United States between 2019 and 2020 were Poland ($8.72M), Guatemala ($2.96M), and Indonesia ($2.68M).
Imports In 2020, United States imported $920M in Non-Retail Synthetic Filament Yarn, becoming the 2nd largest importer of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 331st most imported product in United States. United States imports Non-Retail Synthetic Filament Yarn primarily from: China ($200M), Canada ($142M), South Korea ($138M), Mexico ($81.5M), and Japan ($41.8M).
The fastest growing import markets in Non-Retail Synthetic Filament Yarn for United States between 2019 and 2020 were Dominican Republic ($15.6M), Indonesia ($7.59M), and Vietnam ($6.08M).
Tariffs In 2018, the average tariff for United States in Non-Retail Synthetic Filament Yarn was 7.45%. The countries with the highest import tariffs for Non-Retail Synthetic Filament Yarn were Angola (Most Favoured Nation duty rate treatement, 7.71%), Burundi (Most Favoured Nation duty rate treatement, 7.71%), Benin (Most Favoured Nation duty rate treatement, 7.71%), Burkina Faso (Most Favoured Nation duty rate treatement, 7.71%), and Botswana (Most Favoured Nation duty rate treatement, 7.71%).
December 2022
Overview In December 2022 United States' Non-Retail Synthetic Filament Yarn exports accounted up to $50.5M and imports accounted up to $80.9M, resulting in a negative trade balance of $30.3M. Between December 2021 and December 2022 the exports of United States' Non-Retail Synthetic Filament Yarn have decreased by $-3.05M (-5.69%) from $53.6M to $50.5M, while imports decreased by $-5.51M (-6.38%) from $86.4M to $80.9M.
Destinations In December 2022, Non-Retail Synthetic Filament Yarn were exported mostly to Mexico ($10.3M), Belgium ($4.92M), China ($4.76M), Brazil ($4.59M), and Canada ($3.78M), and were imported mostly from South Korea ($18.6M), China ($11.7M), Turkey ($5.15M), Canada ($4.99M), and Vietnam ($4.95M).
Growth In December 2022, the decrease in Non-Retail Synthetic Filament Yarn's year-by-year exports was explained primarily by a decrease in exports to Japan ($-1.99M or -55.5%), Hong Kong ($-1.58M or -97.9%), and Netherlands ($-982k or -46.2%). In December 2022, the decrease in Non-Retail Synthetic Filament Yarn's year-by-year imports was explained primarily by a decrease in imports from Canada ($-2M or -17.4%), Netherlands ($-1.05M or -24.6%), and Thailand ($-667k or -43.4%).
EXPORT GROWTH (December 2021 - December 2022): $-3.05M, (-5.69%)
IMPORT GROWTH (December 2021 - December 2022): $-5.51M, (-6.38%)
MAIN EXPORTER (December 2022): Virginia, $15.7M
MAIN DESTINATION (December 2022): Mexico, $10.3M
This section shows Non-Retail Synthetic Filament 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 Synthetic Filament Yarn over time.
For full datasets download visit Bulk Download page.
EXPORTS (2020): $685M
IMPORTS (2020): $920M
NET TRADE (2020): -$235M
In 2020, United States exported $685M in Non-Retail Synthetic Filament Yarn. The main destinations of United States exports on Non-Retail Synthetic Filament Yarn were Mexico ($124M), Canada ($66.3M), China ($52.9M), Belgium ($42.4M), and El Salvador ($41.4M).
In 2020, United States imported $920M in Non-Retail Synthetic Filament Yarn, mainly from China ($200M), Canada ($142M), South Korea ($138M), Mexico ($81.5M), and Japan ($41.8M).
THE FASTEST GROWING Non-Retail Synthetic Filament Yarn EXPORT MARKETS FOR United States WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Synthetic Filament Yarn BY United States WERE (2019 - 2020):
In 2020, United States's main exporting competitors in Non-Retail Synthetic Filament Yarn were:
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v5.1.14 lamb