2022
Exports | Imports
$466M | $1.58BWorld Rnk 17 / 162
Flag Rnk 408 / 1217
World Rnk 3 / 217
Flag Rnk 303 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.29Rnk 905 / 1025

About

Exports In 2022, United States exported $466M in Raw Iron Bars, making it the 17th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 408th most exported product in United States. The main destination of Raw Iron Bars exports from United States are: Canada ($271M), Mexico ($165M), Bahamas ($4.81M), Dominican Republic ($3.3M), and British Virgin Islands ($1.62M).

The fastest growing export markets for Raw Iron Bars of United States between 2021 and 2022 were Mexico ($44.3M), Bahamas ($2.46M), and Dominican Republic ($883k).

Imports In 2022, United States imported $1.58B in Raw Iron Bars, becoming the 3rd largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 303rd most imported product in United States. United States imports Raw Iron Bars primarily from: Mexico ($457M), Algeria ($302M), Turkey ($290M), Canada ($282M), and Japan ($54.2M).

The fastest growing import markets in Raw Iron Bars for United States between 2021 and 2022 were Mexico ($148M), Algeria ($109M), and Canada ($99.9M).

COMPANIES In 2023, leading companies such as MATTEL IMPORT SERVICES CORP (544) and DANFOSS POWER SOLUTIONS II, LLC (88) were at the forefront of shipping Raw Iron Bars to the United States.

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$903k(3.47%)
IMPORT GROWTH (December 2022 - December 2023)$-33.4M(-38.1%)
MAIN EXPORTER (December 2023)
MAIN DESTINATION (December 2023)Canada$14.9M

This section shows Raw Iron Bars'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 Raw Iron Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$466M
IMPORTS (2022)$1.58B
NET TRADE (2022)-$1.11B

In 2022, United States exported $466M in Raw Iron Bars. The main destinations of United States exports on Raw Iron Bars were Canada ($271M), Mexico ($165M), Bahamas ($4.81M), Dominican Republic ($3.3M), and British Virgin Islands ($1.62M).

In 2022, United States imported $1.58B in Raw Iron Bars, mainly from Mexico ($457M), Algeria ($302M), Turkey ($290M), Canada ($282M), and Japan ($54.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$44.3M (36.7%)
Bahamas$2.46M (105%)
Dominican Republic$883k (36.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY United States WERE (2021 - 2022):
Canada-$26.7M (-8.97%)
South Korea-$760k (-54.4%)
Guyana-$656k (-92.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, United States's main importing competitors in Raw Iron Bars were:

Explore Visualizations

Trade Value of Raw Iron Bars by Exporters

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