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2022
Exports $7.13MWorld Rnk 4 / 95
Flag Rnk 1094 / 1217
2022
Destination $1.16M Canada
2021 - 2022
FASTEST GROWING MARKET $1.16MEl Salvador
2022
Imports $12.6MWorld Rnk 2 / 175
Flag Rnk 1107 / 1216
2022
Origin $854k China
2021 - 2022
FASTEST GROWING ORIGIN $854kVietnam
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $7.13M in Retail Artificial Filament Yarn, making it the 4th largest exporter of Retail Artificial Filament Yarn in the world. At the same year, Retail Artificial Filament Yarn was the 1094th most exported product in United States. The main destination of Retail Artificial Filament Yarn exports from United States are: Canada ($1.87M), El Salvador ($1.44M), Mexico ($1.18M), Guatemala ($569k), and China ($461k).

The fastest growing export markets for Retail Artificial Filament Yarn of United States between 2021 and 2022 were El Salvador ($1.16M), Guatemala ($497k), and Dominican Republic ($202k).

Imports In 2022, United States imported $12.6M in Retail Artificial Filament Yarn, becoming the 2nd largest importer of Retail Artificial Filament Yarn in the world. At the same year, Retail Artificial Filament Yarn was the 1107th most imported product in United States. United States imports Retail Artificial Filament Yarn primarily from: China ($5.43M), Turkey ($2.51M), Mexico ($1.96M), Vietnam ($969k), and Japan ($786k).

The fastest growing import markets in Retail Artificial Filament Yarn for United States between 2021 and 2022 were Vietnam ($854k), South Korea ($80k), and India ($35k).

COMPANIES In 2023, leading companies such as Hyosung (6) were at the forefront of shipping Retail Artificial Filament Yarn to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Retail Artificial Filament Yarn exports accounted up to $391k and imports accounted up to $3.03M, resulting in a negative trade balance of $2.64M. Between June 2023 and June 2024 the exports of United States'   Retail Artificial Filament Yarn have decreased by $-201k (-34%) from $593k to $391k, while imports increased by $1.74M (135%) from $1.29M to $3.03M.

Destinations In June 2024, Retail Artificial Filament Yarn were exported mostly to Canada ($155k), El Salvador ($89.4k), Sri Lanka ($83.9k), Mexico ($36.9k), and Dominican Republic ($19.4k), and were imported mostly from Turkey ($2.41M), China ($374k), Mexico ($122k), India ($26.5k), and South Korea ($23.8k).

Growth In June 2024, the decrease in Retail Artificial Filament Yarn's year-by-year exports was explained primarily by a decrease in exports to Canada ($-115k or -41.8%) and China ($-47.5k or -87.4%). In June 2024, the increase in Retail Artificial Filament Yarn's year-by-year imports was explained primarily by an increase in imports from Turkey ($1.2M or 275%), Germany ($26k or 31.6%), and France ($4.84k or 63.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-201k(-34%)
IMPORT GROWTH (June 2023 - June 2024)$1.74M(135%)
MAIN EXPORTER (June 2024)North Carolina$219k
MAIN DESTINATION (June 2024)Canada$155k

This section shows Retail Artificial Filament Yarn'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 Retail Artificial Filament Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.13M
IMPORTS (2022)$12.6M
NET TRADE (2022)-$5.43M

In 2022, United States exported $7.13M in Retail Artificial Filament Yarn. The main destinations of United States exports on Retail Artificial Filament Yarn were Canada ($1.87M), El Salvador ($1.44M), Mexico ($1.18M), Guatemala ($569k), and China ($461k).

In 2022, United States imported $12.6M in Retail Artificial Filament Yarn, mainly from China ($5.43M), Turkey ($2.51M), Mexico ($1.96M), Vietnam ($969k), and Japan ($786k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Retail Artificial Filament Yarn EXPORT MARKETS FOR United States WERE (2021 - 2022):
El Salvador$1.16M (409%)
Guatemala$497k (693%)
Dominican Republic$202k (104%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Retail Artificial Filament Yarn BY United States WERE (2021 - 2022):
South Korea-$274k (-86.8%)
Mexico-$114k (-8.82%)
Hong Kong-$53.4k (-63.2%)
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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 Retail Artificial Filament Yarn were:
China $65.2M
Egypt $15.8M
Turkey $11M
In 2022, United States's main importing competitors in Retail Artificial Filament Yarn were:
Turkey $15.8M
Netherlands $9.34M

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Trade Value of Retail Artificial Filament Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Retail Artificial Filament Yarn’s highest export potential is N/A. With an export gap of N/A.   Retail Artificial Filament Yarn’s highest import potential is N/A with an import gap of N/A.

See methodology.

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