Pearls in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $25.3M in Pearls, making it the 10th largest exporter of Pearls in the world. At the same year, Pearls was the 954th most exported product in United States. The main destination of Pearls exports from United States are: Hong Kong ($4.71M), Japan ($4.24M), Singapore ($3.03M), United Arab Emirates ($2.86M), and Canada ($1.35M).

The fastest growing export markets for Pearls of United States between 2021 and 2022 were Singapore ($2.96M), United Arab Emirates ($2.82M), and Australia ($977k).

Imports In 2022, United States imported $69.5M in Pearls, becoming the 3rd largest importer of Pearls in the world. At the same year, Pearls was the 923rd most imported product in United States. United States imports Pearls primarily from: Japan ($20M), Hong Kong ($9.7M), Australia ($8.38M), China ($7.02M), and Thailand ($5.71M).

The fastest growing import markets in Pearls for United States between 2021 and 2022 were Australia ($5.85M), Hong Kong ($2M), and United Kingdom ($1.85M).

COMPANIES In 2023, leading companies such as Philips (14), Tmall (3), and Nissan (1) were at the forefront of shipping Pearls to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Pearls exports accounted up to $805k and imports accounted up to $5.99M, resulting in a negative trade balance of $5.18M. Between August 2023 and August 2024 the exports of United States' Pearls have decreased by $-549k (-40.5%) from $1.35M to $805k, while imports increased by $941k (18.6%) from $5.05M to $5.99M.

Destinations In August 2024, Pearls were exported mostly to Hong Kong ($346k), Japan ($147k), India ($86.7k), Switzerland ($50k), and Canada ($40.9k), and were imported mostly from Japan ($2.12M), French Polynesia ($1.12M), China ($845k), Hong Kong ($841k), and Indonesia ($412k).

Growth In August 2024, the decrease in Pearls's year-by-year exports was explained primarily by a decrease in exports to Italy ($-126k or -62.7%), United Kingdom ($-101k or -77.5%), and Japan ($-63.8k or -57.7%). In August 2024, the increase in Pearls's year-by-year imports was explained primarily by an increase in imports from Indonesia ($184k or 43.6%), Philippines ($57.3k or 119%), and France ($44.9k or 39.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)$-549k(-40.5%)

IMPORT GROWTH (August 2023 - August 2024)$941k(18.6%)

MAIN EXPORTER (August 2024)New York$55.4M

MAIN DESTINATION (August 2024)Hong Kong$346k

This section shows Pearls'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 Pearls over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$25.3M

IMPORTS (2022)$69.5M

NET TRADE (2022)-$44.3M

In 2022, United States exported $25.3M in Pearls. The main destinations of United States exports on Pearls were Hong Kong ($4.71M), Japan ($4.24M), Singapore ($3.03M), United Arab Emirates ($2.86M), and Canada ($1.35M).

In 2022, United States imported $69.5M in Pearls, mainly from Japan ($20M), Hong Kong ($9.7M), Australia ($8.38M), China ($7.02M), and Thailand ($5.71M).

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