Rubber Pipes in United States 2021 Exports | Imports : $976M | $1.8B, World Rnk 3 / 208 Rnk 247 / 1216 | World Rnk 1 / 224 Rnk 250 / 1215
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $36.2M | $100M, Mexico | Mexico
2021 ECONOMIC COMPLEXITY of United States: 1.46, Rnk 10 / 131
2021 PRODUCT COMPLEXITY IN Rubber Pipes: 0.74, Rnk 260 / 1029
Exports In 2021, United States exported $976M in Rubber Pipes, making it the 3rd largest exporter of Rubber Pipes in the world. At the same year, Rubber Pipes was the 247th most exported product in United States. The main destination of Rubber Pipes exports from United States are: Canada ($310M), Mexico ($270M), China ($43M), Australia ($38.9M), and Brazil ($37M).
The fastest growing export markets for Rubber Pipes of United States between 2020 and 2021 were Mexico ($36.2M), Canada ($23.1M), and Brazil ($8.34M).
Imports In 2021, United States imported $1.8B in Rubber Pipes, becoming the 1st largest importer of Rubber Pipes in the world. At the same year, Rubber Pipes was the 250th most imported product in United States. United States imports Rubber Pipes primarily from: Mexico ($610M), China ($227M), Japan ($143M), Canada ($116M), and Turkey ($113M).
The fastest growing import markets in Rubber Pipes for United States between 2020 and 2021 were Mexico ($100M), China ($74.5M), and Turkey ($50.7M).
Tariffs In 2019, the average tariff for United States in Rubber Pipes was 1.76%. The countries with the highest import tariffs for Rubber Pipes were Burundi (Most Favoured Nation duty rate treatment, 2.5%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 2.5%), Algeria (Most Favoured Nation duty rate treatment, 2.5%), Egypt (Most Favoured Nation duty rate treatment, 2.5%), and Eritrea (Most Favoured Nation duty rate treatment, 2.5%).
January 2023
Overview In January 2023 United States' Rubber Pipes exports accounted up to $94.4M and imports accounted up to $185M, resulting in a negative trade balance of $91M. Between January 2022 and January 2023 the exports of United States' Rubber Pipes have increased by $13.7M (17%) from $80.7M to $94.4M, while imports increased by $30.6M (19.8%) from $155M to $185M.
Destinations In January 2023, Rubber Pipes were exported mostly to Canada ($34M), Mexico ($29.9M), Australia ($3.62M), China ($3.19M), and Brazil ($2.79M), and were imported mostly from Mexico ($65.6M), China ($21M), Japan ($11.1M), India ($10.9M), and Thailand ($10.7M).
Growth In January 2023, the increase in Rubber Pipes's year-by-year exports was explained primarily by an increase in exports to Brazil ($1.76M or 93.6%), Chile ($1.29M or 195%), and Mexico ($1.16M or 5.53%). In January 2023, the increase in Rubber Pipes's year-by-year imports was explained primarily by an increase in imports from China ($6.12M or 37.2%), Turkey ($4.55M or 79.1%), and Japan ($1.91M or 19.8%).
EXPORT GROWTH (January 2022 - January 2023): $13.7M, (17%)
IMPORT GROWTH (January 2022 - January 2023): $30.6M, (19.8%)
MAIN EXPORTER (January 2023): Texas, $22.2M
MAIN DESTINATION (January 2023): Canada, $34M
This section shows Rubber Pipes'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 Rubber Pipes over time.
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EXPORTS (2021): $976M
IMPORTS (2021): $1.8B
NET TRADE (2021): -$820M
In 2021, United States exported $976M in Rubber Pipes. The main destinations of United States exports on Rubber Pipes were Canada ($310M), Mexico ($270M), China ($43M), Australia ($38.9M), and Brazil ($37M).
In 2021, United States imported $1.8B in Rubber Pipes, mainly from Mexico ($610M), China ($227M), Japan ($143M), Canada ($116M), and Turkey ($113M).
THE FASTEST GROWING Rubber Pipes EXPORT MARKETS FOR United States WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Pipes BY United States WERE (2020 - 2021):
In 2021, United States's main exporting competitors in Rubber Pipes were:
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