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2018
Exports $25.5MWorld Rnk 3 / 62
Flag Rnk 953 / 1217
2018
Destination $406k China
2021 - 2022
FASTEST GROWING MARKET $406kHong Kong
2018
Imports $2.62MWorld Rnk 21 / 119
Flag Rnk 1176 / 1216
2018
Origin $292k Germany
2021 - 2022
FASTEST GROWING ORIGIN $292kChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2018, United States exported $25.5M in Silver Clad Metals, making it the 3rd largest exporter of Silver Clad Metals in the world. At the same year, Silver Clad Metals was the 953rd most exported product in United States. The main destination of Silver Clad Metals exports from United States are: China ($7.54M), South Korea ($4.18M), Sweden ($2.71M), Mexico ($2.26M), and Hong Kong ($1.8M).

The fastest growing export markets for Silver Clad Metals of United States between 2021 and 2022 were Hong Kong ($406k), United Kingdom ($379k), and South Korea ($289k).

Imports In 2022, United States imported $2.62M in Silver Clad Metals, becoming the 21st largest importer of Silver Clad Metals in the world. At the same year, Silver Clad Metals was the 1176th most imported product in United States. United States imports Silver Clad Metals primarily from: Germany ($1.1M), China ($598k), Italy ($287k), Pakistan ($157k), and Mexico ($132k).

The fastest growing import markets in Silver Clad Metals for United States between 2021 and 2022 were China ($292k), Germany ($221k), and Italy ($157k).

Latest Trends

August 2024

About

Overview In August 2024 United States' Silver Clad Metals exports accounted up to $1.07M and imports accounted up to $47.6k, resulting in a positive trade balance of $1.02M. Between August 2023 and August 2024 the exports of United States'   Silver Clad Metals have decreased by $-651k (-37.8%) from $1.72M to $1.07M, while imports decreased by $-55.1k (-53.7%) from $103k to $47.6k.

Destinations In August 2024, Silver Clad Metals were exported mostly to Hong Kong ($287k), China ($203k), Sweden ($189k), Mexico ($136k), and Germany ($84.9k), and were imported mostly from China ($19k), France ($18.5k), Canada ($5.55k), India ($2.41k), and Italy ($2.17k).

Growth In August 2024, the decrease in Silver Clad Metals's year-by-year exports was explained primarily by a decrease in exports to China ($-303k or -43.8%), Hong Kong ($-285k or -82.3%), and South Korea ($-137k or -64.6%). In August 2024, the decrease in Silver Clad Metals's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-651k(-37.8%)
IMPORT GROWTH (August 2023 - August 2024)$-55.1k(-53.7%)
MAIN EXPORTER (August 2024)New Jersey$1.23M
MAIN DESTINATION (August 2024)Hong Kong$287k

This section shows Silver 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 Silver Clad Metals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$25.5M
IMPORTS (2022)$2.62M
NET TRADE (2022)$22.9M

In 2022, United States exported $25.5M in Silver Clad Metals. The main destinations of United States exports on Silver Clad Metals were China ($7.54M), South Korea ($4.18M), Sweden ($2.71M), Mexico ($2.26M), and Hong Kong ($1.8M).

In 2022, United States imported $2.62M in Silver Clad Metals, mainly from Germany ($1.1M), China ($598k), Italy ($287k), Pakistan ($157k), and Mexico ($132k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver Clad Metals EXPORT MARKETS FOR United States WERE (2021 - 2022):
Hong Kong$406k (29.2%)
United Kingdom$379k (93%)
South Korea$289k (7.44%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver Clad Metals BY United States WERE (2021 - 2022):
China-$1.72M (-18.6%)
Sweden-$584k (-17.7%)
Canada-$323k (-16.8%)
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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 Silver Clad Metals were:
Germany $51.4M
Japan $30.4M
In 2022, United States's main importing competitors in Silver Clad Metals were:
China $23.4M
France $11.4M
New Zealand $10.7M

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Trade Value of Silver Clad Metals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $159k
TOP IMPORT POTENTIALChina+ $144k

Silver Clad Metals’s highest export potential is Japan. With an export gap of $159k.   Silver Clad Metals’s highest import potential is China with an import gap of $144k.

See methodology.

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