Other Cloth Articles in United States

EXPORTS (2018): $721M, World Rnk 3 / 182
Flag Rnk 291 / 1222

TOP DESTINATION (2018): $224M, Mexico

FASTEST GROWING MARKET (2017 - 2018): $58.3M, Mexico

IMPORTS (2018): $4.53B, World Rnk 1 / 214
Flag Rnk 99 / 1217

TOP ORIGIN (2018): $3B, China

FASTEST GROWING ORIGIN (2017 - 2018): $40.5M, Mexico

ECONOMIC COMPLEXITY of United States (2018): 1.57, Rnk 9 / 137

PRODUCT COMPLEXITY  IN Other Cloth Articles (2018): -1.07, Rnk 840 / 1018

Exports: In 2018, United States exported $721M in Other Cloth Articles, making it the 3rd largest exporter of Other Cloth Articles in the world. At the same year, Other Cloth Articles was the 291st most exported product in United States. The main destination of Other Cloth Articles exports from United States are: Mexico ($224M), Canada ($136M), Germany ($45M), Australia ($29.2M), and Japan ($25.8M).

The fastest growing export markets for Other Cloth Articles of United States between 2017 and 2018 were Mexico ($58.3M), Canada ($47.6M), and Belgium-Luxembourg ($9.01M).

Imports: In 2018, United States imported $4.53B in Other Cloth Articles, becoming the 1st largest importer of Other Cloth Articles in the world. At the same year, Other Cloth Articles was the 99th most imported product in United States. United States imports Other Cloth Articles primarily from: China ($3B), Mexico ($503M), Pakistan ($263M), Canada ($159M), and India ($101M).

The fastest growing import markets in Other Cloth Articles for United States between 2017 and 2018 were Mexico ($40.5M), Pakistan ($40.3M), and Canada ($24.9M).

Tariffs: In 2018, the average tariff for United States in Other Cloth Articles was 3.2%. The countries with the highest import tariffs for Other Cloth Articles were Equatorial Guinea (3.88%), Libya (3.88%), Mayotte (3.88%), Reunion (3.88%), and Sudan (3.88%).

Overview: In October 2020 United States' Other Cloth Articles exports accounted up to $103M and imports accounted up to $1.07B, resulting in a negative trade balance of $964M. Between October 2019 and October 2020 the exports of United States'   Other Cloth Articles have increased by $25.8M (33.4%) from $77.3M to $103M, while imports increased by $650M (156%) from $418M to $1.07B.

Destinations: In October 2020 Other Cloth Articles exported mostly to Canada ($42.6M), Mexico ($26.6M), Chile ($3.07M), Australia ($2.69M), and Belgium ($2.61M), and imported mostly from China ($791M), Vietnam ($72M), Mexico ($60.9M), Pakistan ($24.9M), and India ($16.8M).

Growth: In October 2020, the increase in Other Cloth Articles's year-by-year exports was explained primarily by an increase in exports to Canada ($22.3M or 110%), Chile ($2.56M or 495%), and Dominican Republic ($1.7M or 274%). In October 2020, the increase in Other Cloth Articles's year-by-year imports was explained primarily by an increase in imports from China ($512M or 184%), Vietnam ($63.1M or 708%), and Mexico ($13.9M or 29.7%).

Subnational Monthly Trade

#permalink to section
Flow
Value

EXPORT GROWTH (October 2019 - October 2020): $25.8M, (33.4%)

IMPORT GROWTH (October 2019 - October 2020): $650M, (156%)

MAIN EXPORTER (October 2020): California, $16.2M

MAIN DESTINATION (October 2020): Canada, $42.6M

This section shows Other Cloth Articles'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 Other Cloth Articles over time.

Value

EXPORTS (2018): $721M

IMPORTS (2018): $4.53B

NET TRADE (2018): -$3.81B

In 2018, United States exported $721M in Other Cloth Articles. The main destinations of United States exports on Other Cloth Articles were Mexico ($224M), Canada ($136M), Germany ($45M), Australia ($29.2M), and Japan ($25.8M).

In 2018, United States imported $4.53B in Other Cloth Articles, mainly from China ($3B), Mexico ($503M), Pakistan ($263M), Canada ($159M), and India ($101M).

Explore Visualizations

IN 2018, United States HAD A POSITIVE NET TRADE IN Other Cloth Articles WITH:

IN 2018, United States HAD A NEGATIVE NET TRADE IN Other Cloth Articles WITH:

Flow

THE FASTEST GROWING Other Cloth Articles EXPORT MARKETS FOR United States WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cloth Articles BY United States WERE (2017 - 2018):

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

In 2018, United States's main exporting competitors in Other Cloth Articles were:

In 2018, United States's main importing competitors in Other Cloth Articles were:

Explore Visualizations

Trade Forecasts

#permalink to section

Time

This section shows forecasts for total exports and imports, for Other Cloth Articles in United States. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

Explore Forecasts

Tariffs by Country

#permalink to section

In 2018, the average tariff for United States in Other Cloth Articles was 3.2%.

The countries with the highest tariffs for Other Cloth Articles in United States were Equatorial Guinea (3.88%), Libya (3.88%), Mayotte (3.88%), Reunion (3.88%), and Sudan (3.88%).

Explore Tariff Data