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2022
Exports $324MWorld Rnk 7 / 171
Flag Rnk 480 / 1217
2022
Destination $24.8M Canada
2021 - 2022
FASTEST GROWING MARKET $24.8MCanada
2022
PRODUCT COMPLEXITY IN Plastic Floor Coverings0.79Rnk 245 / 1025
2022
Imports $5.65BWorld Rnk 1 / 222
Flag Rnk 108 / 1216
2022
Origin $374M China
2021 - 2022
FASTEST GROWING ORIGIN $374MVietnam
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $324M in Plastic Floor Coverings, making it the 7th largest exporter of Plastic Floor Coverings in the world. At the same year, Plastic Floor Coverings was the 480th most exported product in United States. The main destination of Plastic Floor Coverings exports from United States are: Canada ($200M), Mexico ($22.9M), Australia ($7.54M), Saudi Arabia ($6.46M), and Germany ($6.36M).

The fastest growing export markets for Plastic Floor Coverings of United States between 2021 and 2022 were Canada ($24.8M), Mexico ($7.5M), and Saudi Arabia ($4.7M).

Imports In 2022, United States imported $5.65B in Plastic Floor Coverings, becoming the 1st largest importer of Plastic Floor Coverings in the world. At the same year, Plastic Floor Coverings was the 108th most imported product in United States. United States imports Plastic Floor Coverings primarily from: China ($3.36B), Vietnam ($1.12B), South Korea ($567M), Canada ($115M), and Chinese Taipei ($104M).

The fastest growing import markets in Plastic Floor Coverings for United States between 2021 and 2022 were Vietnam ($374M), South Korea ($172M), and Mexico ($51.7M).

COMPANIES In 2023, leading companies such as Cali Bamboo Flooring (3.37k), IKEA Group (74), and Costco Wholesale (47) were at the forefront of shipping Plastic Floor Coverings to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Plastic Floor Coverings exports accounted up to $29.1M and imports accounted up to $325M, resulting in a negative trade balance of $295M. Between August 2023 and August 2024 the exports of United States'   Plastic Floor Coverings have decreased by $-194k (-0.66%) from $29.3M to $29.1M, while imports increased by $36.7M (12.7%) from $288M to $325M.

Destinations In August 2024, Plastic Floor Coverings were exported mostly to Canada ($14.8M), United Kingdom ($2.8M), Mexico ($1.62M), Netherlands ($1.37M), and Argentina ($722k), and were imported mostly from Vietnam ($114M), China ($106M), South Korea ($43.3M), Mexico ($12.8M), and Chinese Taipei ($8.12M).

Growth In August 2024, the decrease in Plastic Floor Coverings's year-by-year exports was explained primarily by a decrease in exports to Canada ($-1.23M or -8.11%), Australia ($-585k or -79%), and Switzerland ($-128k or -83.2%). In August 2024, the increase in Plastic Floor Coverings's year-by-year imports was explained primarily by an increase in imports from Vietnam ($15.1M or 17.8%), Mexico ($2.71M or 217%), and United Kingdom ($610k or 43.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-194k(-0.66%)
IMPORT GROWTH (August 2023 - August 2024)$36.7M(12.7%)
MAIN EXPORTER (August 2024)Georgia$5.22M
MAIN DESTINATION (August 2024)Canada$14.8M

This section shows Plastic Floor Coverings'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 Floor Coverings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$324M
IMPORTS (2022)$5.65B
NET TRADE (2022)-$5.32B

In 2022, United States exported $324M in Plastic Floor Coverings. The main destinations of United States exports on Plastic Floor Coverings were Canada ($200M), Mexico ($22.9M), Australia ($7.54M), Saudi Arabia ($6.46M), and Germany ($6.36M).

In 2022, United States imported $5.65B in Plastic Floor Coverings, mainly from China ($3.36B), Vietnam ($1.12B), South Korea ($567M), Canada ($115M), and Chinese Taipei ($104M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastic Floor Coverings EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$24.8M (14.1%)
Mexico$7.5M (48.7%)
Saudi Arabia$4.7M (267%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Floor Coverings BY United States WERE (2021 - 2022):
China-$2.79M (-51.7%)
United Kingdom-$1.75M (-23.3%)
Cayman Islands-$1.35M (-58.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Plastic Floor Coverings were:
China $8.32B
Vietnam $1.2B
South Korea $905M
In 2022, United States's main importing competitors in Plastic Floor Coverings were:
Germany $882M
Canada $762M

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Trade Value of Plastic Floor Coverings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.59M
TOP IMPORT POTENTIALCanada+ $50.4M

Plastic Floor Coverings’s highest export potential is Germany. With an export gap of $4.59M.   Plastic Floor Coverings’s highest import potential is Canada with an import gap of $50.4M.

See methodology.

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