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Pricing

2022
Exports | Imports $313M | $358MWorld Rnk 2 / 161
Flag Rnk 493 / 1217
World Rnk 1 / 200
Flag Rnk 635 / 1216
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $35.6M | $45.9MSaint Martin |  China
2022
ECONOMIC COMPLEXITY of United States1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Pearl Products-0.52Rnk 705 / 1025

About

Exports In 2022, United States exported $313M in Pearl Products, making it the 2nd largest exporter of Pearl Products in the world. At the same year, Pearl Products was the 493rd most exported product in United States. The main destination of Pearl Products exports from United States are: Saint Martin ($51.1M), China ($48.8M), Mexico ($41.6M), Saudi Arabia ($30.1M), and Hong Kong ($26M).

The fastest growing export markets for Pearl Products of United States between 2021 and 2022 were Saint Martin ($35.6M), Saudi Arabia ($7.23M), and Canada ($5.45M).

Imports In 2022, United States imported $358M in Pearl Products, becoming the 1st largest importer of Pearl Products in the world. At the same year, Pearl Products was the 635th most imported product in United States. United States imports Pearl Products primarily from: China ($128M), Ireland ($50.7M), India ($34M), Thailand ($26.8M), and Brazil ($21.5M).

The fastest growing import markets in Pearl Products for United States between 2021 and 2022 were China ($45.9M), Thailand ($4.8M), and Madagascar ($3.93M).

COMPANIES In 2023, leading companies such as RTG FURNITURE CORPORATION (351), IKEA SUPPLY AG (148), and POLYPLEX USA LLC (8) were at the forefront of shipping Pearl Products to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Pearl Products exports accounted up to $36.3M and imports accounted up to $93.5M, resulting in a negative trade balance of $57.3M. Between January 2023 and January 2024 the exports of United States'   Pearl Products have increased by $928k (2.62%) from $35.3M to $36.3M, while imports increased by $28.7M (44.2%) from $64.9M to $93.5M.

Destinations In January 2024, Pearl Products were exported mostly to Sint Maarten ($9.02M), Hong Kong ($4.22M), China ($3.77M), Saudi Arabia ($2.56M), and Canada ($2.43M), and were imported mostly from China ($59.9M), India ($5.48M), Thailand ($5M), Vietnam ($3.92M), and Brazil ($3.23M).

Growth In January 2024, the increase in Pearl Products's year-by-year exports was explained primarily by an increase in exports to Sint Maarten ($8.71M or 193%), Mexico ($1.38M or 56.3%), and United Arab Emirates ($516k or 491%). In January 2024, the increase in Pearl Products's year-by-year imports was explained primarily by an increase in imports from Japan ($1.52M or 122%), France ($387k or 106%), and Peru ($371k or 410%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$928k(2.62%)
IMPORT GROWTH (January 2023 - January 2024)$28.7M(44.2%)
MAIN EXPORTER (January 2024)California$10.8M
MAIN DESTINATION (January 2024)Sint Maarten$9.02M

This section shows Pearl Products'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 Pearl Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$313M
IMPORTS (2022)$358M
NET TRADE (2022)-$44.9M

In 2022, United States exported $313M in Pearl Products. The main destinations of United States exports on Pearl Products were Saint Martin ($51.1M), China ($48.8M), Mexico ($41.6M), Saudi Arabia ($30.1M), and Hong Kong ($26M).

In 2022, United States imported $358M in Pearl Products, mainly from China ($128M), Ireland ($50.7M), India ($34M), Thailand ($26.8M), and Brazil ($21.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pearl Products EXPORT MARKETS FOR United States WERE (2021 - 2022):
Saint Martin$35.6M (228%)
Saudi Arabia$7.23M (31.6%)
Canada$5.45M (30.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pearl Products BY United States WERE (2021 - 2022):
Russia-$8.1M (-83%)
Hong Kong-$6.56M (-20.2%)
Spain-$5.5M (-89.3%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Pearl Products were:
China $424M
Thailand $162M
In 2022, United States's main importing competitors in Pearl Products were:
Hong Kong $187M
China $141M

Explore Visualizations

Trade Value of Pearl Products by Exporters

Keep Exploring

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