Plastic fittings for furniture, coachwork in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $279M in Plastic fittings for furniture, coachwork, making it the 4th largest exporter of Plastic fittings for furniture, coachwork in the world. At the same year, Plastic fittings for furniture, coachwork was the 821st most exported product in United States. The main destination of Plastic fittings for furniture, coachwork exports from United States are: Mexico ($152M), Canada ($70.2M), China ($8.57M), Germany ($8.48M), and Brazil ($7.96M).

The fastest growing export markets for Plastic fittings for furniture, coachwork of United States between 2021 and 2022 were Mexico ($5.63M), British Virgin Islands ($2.24M), and Poland ($1.04M).

Imports In 2022, United States imported $753M in Plastic fittings for furniture, coachwork, becoming the 1st largest importer of Plastic fittings for furniture, coachwork in the world. At the same year, Plastic fittings for furniture, coachwork was the 638th most imported product in United States. United States imports Plastic fittings for furniture, coachwork primarily from: China ($203M), Mexico ($187M), South Korea ($98.8M), Germany ($87.8M), and Canada ($56.8M).

The fastest growing import markets in Plastic fittings for furniture, coachwork for United States between 2021 and 2022 were Mexico ($31.4M), South Korea ($13.3M), and Sweden ($2.83M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Plastic fittings for furniture, coachwork to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Plastic fittings for furniture, coachwork exports accounted up to $21.6M and imports accounted up to $65.4M, resulting in a negative trade balance of $43.8M. Between June 2023 and June 2024 the exports of United States' Plastic fittings for furniture, coachwork have decreased by $-3.1M (-12.5%) from $24.7M to $21.6M, while imports decreased by $-5.02M (-7.13%) from $70.4M to $65.4M.

Destinations In June 2024, Plastic fittings for furniture, coachwork were exported mostly to Mexico ($13.1M), Canada ($5.12M), China ($1.03M), Germany ($443k), and Brazil ($246k), and were imported mostly from China ($18.2M), Mexico ($17.8M), Japan ($7.07M), South Korea ($6.65M), and Canada ($3.18M).

Growth In June 2024, the decrease in Plastic fittings for furniture, coachwork's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-2.23M or -16.4%), Brazil ($-438k or -67.1%), and Malaysia ($-244k or -83.7%). In June 2024, the decrease in Plastic fittings for furniture, coachwork's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-443k or -96.3%), Japan ($-332k or -6.54%), and China ($-323k or -2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-3.1M(-12.5%)

IMPORT GROWTH (June 2023 - June 2024)$-5.02M(-7.13%)

MAIN EXPORTER (June 2024)Michigan$9.08M

MAIN DESTINATION (June 2024)Mexico$13.1M

This section shows Plastic fittings for furniture, coachwork'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 Plastic fittings for furniture, coachwork over time.

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