Pneumatic tyres new of rubber for bicycles in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $7.81M in Pneumatic tyres new of rubber for bicycles, making it the 15th largest exporter of Pneumatic tyres new of rubber for bicycles in the world. At the same year, Pneumatic tyres new of rubber for bicycles was the 3371st most exported product in United States. The main destination of Pneumatic tyres new of rubber for bicycles exports from United States are: Canada ($4.73M), Mexico ($668k), Nigeria ($216k), Israel ($205k), and Germany ($188k).

The fastest growing export markets for Pneumatic tyres new of rubber for bicycles of United States between 2021 and 2022 were Mexico ($198k), Nigeria ($147k), and Israel ($90.4k).

Imports In 2022, United States imported $121M in Pneumatic tyres new of rubber for bicycles, becoming the 2nd largest importer of Pneumatic tyres new of rubber for bicycles in the world. At the same year, Pneumatic tyres new of rubber for bicycles was the 1939th most imported product in United States. United States imports Pneumatic tyres new of rubber for bicycles primarily from: Chinese Taipei ($41.2M), Germany ($24.2M), China ($19.8M), Thailand ($12.3M), and Canada ($6.37M).

The fastest growing import markets in Pneumatic tyres new of rubber for bicycles for United States between 2021 and 2022 were Germany ($9.05M), Chinese Taipei ($5.19M), and Canada ($3.09M).

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 Pneumatic tyres new of rubber for bicycles to the United States.

Latest Trends

June 2024

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Overview In June 2024 United States' Pneumatic tyres new of rubber for bicycles exports accounted up to $1.64M and imports accounted up to $6.75M, resulting in a negative trade balance of $5.11M. Between June 2023 and June 2024 the exports of United States' Pneumatic tyres new of rubber for bicycles have increased by $613k (59.8%) from $1.02M to $1.64M, while imports increased by $1.51M (28.8%) from $5.24M to $6.75M.

Destinations In June 2024, Pneumatic tyres new of rubber for bicycles were exported mostly to Canada ($1.42M), Mexico ($50.3k), Brazil ($37.3k), Argentina ($22.6k), and Australia ($18.6k), and were imported mostly from Germany ($1.91M), Chinese Taipei ($1.9M), China ($881k), Thailand ($721k), and Vietnam ($318k).

Growth In June 2024, the increase in Pneumatic tyres new of rubber for bicycles's year-by-year exports was explained primarily by an increase in exports to France ($31.2k or 233%) and Japan ($3.47k or 61.3%). In June 2024, the increase in Pneumatic tyres new of rubber for bicycles's year-by-year imports was explained primarily by an increase in imports from Germany ($2.06M or 1.63k%), Thailand ($192k or 41%), and Czechia ($92.6k or 205%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$613k(59.8%)

IMPORT GROWTH (June 2023 - June 2024)$1.51M(28.8%)

MAIN EXPORTER (June 2024)Illinois$347k

MAIN DESTINATION (June 2024)Canada$1.42M

This section shows Pneumatic tyres new of rubber for bicycles'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 Pneumatic tyres new of rubber for bicycles over time.

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