Parachutes in United States

EXPORTS (2018): $100M, World Rnk 1 / 80
Flag Rnk 716 / 1222

TOP DESTINATION (2018): $12.8M, Algeria

FASTEST GROWING MARKET (2017 - 2018): $8.07M, Algeria

IMPORTS (2018): $32.1M, World Rnk 2 / 140
Flag Rnk 1009 / 1217

TOP ORIGIN (2018): $5.45M, Canada

FASTEST GROWING ORIGIN (2017 - 2018): $1.55M, New Zealand

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

Overview: This page contains the latest trade data of Parachutes in United States.

Exports: In 2018, United States exported $100M in Parachutes, making it the 1st largest exporter of Parachutes in the world. At the same year, Parachutes was the 716th most exported product in United States. The main destination of Parachutes exports from United States are: Algeria ($12.8M), Germany ($9.09M), Canada ($6.92M), United Arab Emirates ($6.81M), and India ($6.17M).

The fastest growing export markets for Parachutes of United States between 2017 and 2018 were Algeria ($8.07M), India ($6.04M), and Germany ($5.59M).

Imports: In 2018, United States imported $32.1M in Parachutes, becoming the 2nd largest importer of Parachutes in the world. At the same year, Parachutes was the 1009th most imported product in United States. United States imports Parachutes primarily from: Canada ($5.45M), United Kingdom ($4.86M), Mexico ($3.91M), Germany ($2.26M), and France ($2.07M).

The fastest growing import markets in Parachutes for United States between 2017 and 2018 were New Zealand ($1.55M), Germany ($1.43M), and Colombia ($1.01M).

Tariffs: In 2017, the average tariff for United States in Parachutes was 1.43%. The countries with the highest import tariffs for Parachutes were Equatorial Guinea (3%), Libya (3%), Mayotte (3%), Reunion (3%), and Sudan (3%).

Overview: In August 2020 United States' Parachutes exports accounted up to $7.03M and imports accounted up to $3.71M, resulting in a positive trade balance of $3.32M. Between August 2019 and August 2020 the exports of United States'   Parachutes have increased by $2.56M (57.5%) from $4.46M to $7.03M, while imports increased by $1.58M (73.9%) from $2.13M to $3.71M.

Destinations: In August 2020 Parachutes exported mostly to South Korea ($2.39M), Japan ($1.71M), France ($518k), Indonesia ($342k), and Germany ($247k), and imported mostly from Canada ($1.42M), Vietnam ($434k), United Kingdom ($333k), Mexico ($303k), and Australia ($169k).

Growth: In August 2020, the increase in Parachutes's year-by-year exports was explained primarily by an increase in exports to South Korea ($2.35M or 6.7k%), Japan ($1.65M or 2.53k%), and France ($189k or 57.2%). In August 2020, the increase in Parachutes's year-by-year imports was explained primarily by an increase in imports from Canada ($890k or 168%), Vietnam ($257k or 144%), and South Korea ($73.1k or 138%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (August 2019 - August 2020): $2.56M, (57.5%)

IMPORT GROWTH (August 2019 - August 2020): $1.58M, (73.9%)

MAIN EXPORTER (August 2020): California, $2.8M

MAIN DESTINATION (August 2020): South Korea, $2.39M

This section shows Parachutes'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 Parachutes over time.

Value

EXPORTS (2018): $100M

IMPORTS (2018): $32.1M

NET TRADE (2018): $68.4M

In 2018, United States exported $100M in Parachutes. The main destinations of United States exports on Parachutes were Algeria ($12.8M), Germany ($9.09M), Canada ($6.92M), United Arab Emirates ($6.81M), and India ($6.17M).

In 2018, United States imported $32.1M in Parachutes, mainly from Canada ($5.45M), United Kingdom ($4.86M), Mexico ($3.91M), Germany ($2.26M), and France ($2.07M).

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IN 2018, United States HAD A POSITIVE NET TRADE IN Parachutes WITH:

  • Algeria, $12.8M ($12.8M - $0)
  • Germany, $6.83M ($9.09M - $2.26M)
  • United Arab Emirates, $6.8M ($6.81M - $9.51k)

IN 2018, United States HAD A NEGATIVE NET TRADE IN Parachutes WITH:

  • Mexico, -$3.04M ($871k - $3.91M)
  • Vietnam, -$1.5M ($33.3k - $1.54M)
  • South Africa, -$1.35M ($405k - $1.76M)
Flow

THE FASTEST GROWING Parachutes EXPORT MARKETS FOR United States WERE (2017 - 2018):

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

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Market Concentration

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Flow
Type

In 2018, United States's main exporting competitors in Parachutes were:

In 2018, United States's main importing competitors in Parachutes were:

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Trade Forecasts

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Time

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

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Tariffs by Country

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In 2017, the average tariff for United States in Parachutes was 1.43%.

The countries with the highest tariffs for Parachutes in United States were Equatorial Guinea (3%), Libya (3%), Mayotte (3%), Reunion (3%), and Sudan (3%).

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