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2022
Exports $4.81MWorld Rnk 10 / 77
Flag Rnk 1112 / 1217
2022
Destination $769k China
2021 - 2022
FASTEST GROWING MARKET $769kChina
2022
PRODUCT COMPLEXITY IN Platinum Clad Metals-0.42Rnk 680 / 1025
2022
Imports $1.25MWorld Rnk 16 / 112
Flag Rnk 1194 / 1216
2022
Origin $142k Singapore
2021 - 2022
FASTEST GROWING ORIGIN $142kGermany
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $4.81M in Platinum Clad Metals, making it the 10th largest exporter of Platinum Clad Metals in the world. At the same year, Platinum Clad Metals was the 1112th most exported product in United States. The main destination of Platinum Clad Metals exports from United States are: China ($1.92M), Costa Rica ($539k), Hong Kong ($484k), Mexico ($295k), and Colombia ($282k).

The fastest growing export markets for Platinum Clad Metals of United States between 2021 and 2022 were China ($769k), Hong Kong ($277k), and Bermuda ($250k).

Imports In 2022, United States imported $1.25M in Platinum Clad Metals, becoming the 16th largest importer of Platinum Clad Metals in the world. At the same year, Platinum Clad Metals was the 1194th most imported product in United States. United States imports Platinum Clad Metals primarily from: Singapore ($531k), Germany ($444k), Costa Rica ($53.9k), Mexico ($52.6k), and United Kingdom ($41.1k).

The fastest growing import markets in Platinum Clad Metals for United States between 2021 and 2022 were Germany ($142k), Costa Rica ($53.9k), and United Kingdom ($12.6k).

Latest Trends

August 2024

About

Overview In August 2024 United States' Platinum Clad Metals exports accounted up to $87.6k and imports accounted up to $41.1k, resulting in a positive trade balance of $46.6k. Between August 2023 and August 2024 the exports of United States'   Platinum Clad Metals have decreased by $-115k (-56.8%) from $203k to $87.6k, while imports decreased by $-94k (-69.6%) from $135k to $41.1k.

Destinations In August 2024, Platinum Clad Metals were exported mostly to Colombia ($87.6k), Mauritius ($0), China ($0), India ($0), and Japan ($0), and were imported mostly from Thailand ($41.1k), Egypt ($0), India ($0), Singapore ($0), and Switzerland ($0).

Growth In August 2024, the decrease in Platinum Clad Metals's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the decrease in Platinum Clad Metals's year-by-year imports was explained primarily by a decrease in imports from Germany ($-98.8k or -80.3%) and Mexico ($-10.2k or -82.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-115k(-56.8%)
IMPORT GROWTH (August 2023 - August 2024)$-94k(-69.6%)
MAIN EXPORTER (August 2024)Rhode Island$436k
MAIN DESTINATION (August 2024)Colombia$87.6k

This section shows Platinum Clad Metals'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 Platinum Clad Metals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.81M
IMPORTS (2022)$1.25M
NET TRADE (2022)$3.56M

In 2022, United States exported $4.81M in Platinum Clad Metals. The main destinations of United States exports on Platinum Clad Metals were China ($1.92M), Costa Rica ($539k), Hong Kong ($484k), Mexico ($295k), and Colombia ($282k).

In 2022, United States imported $1.25M in Platinum Clad Metals, mainly from Singapore ($531k), Germany ($444k), Costa Rica ($53.9k), Mexico ($52.6k), and United Kingdom ($41.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Platinum Clad Metals EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$769k (66.7%)
Hong Kong$277k (134%)
Bermuda$250k (28.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum Clad Metals BY United States WERE (2021 - 2022):
Costa Rica-$498k (-48%)
Malaysia-$354k (-100%)
India-$202k (-92.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United States's main exporting competitors in Platinum Clad Metals were:
Malaysia $270M
Singapore $122M
Papua New Guinea $80.7M
In 2022, United States's main importing competitors in Platinum Clad Metals were:
Japan $275M
Singapore $105M
Australia $97.4M

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Trade Value of Platinum Clad Metals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $56.7k
TOP IMPORT POTENTIALSingapore+ $90.3k

Platinum Clad Metals’s highest export potential is Japan. With an export gap of $56.7k.   Platinum Clad Metals’s highest import potential is Singapore with an import gap of $90.3k.

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