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2023
Exports $63.2MWorld Rnk 2 / 161
Flag Rnk 791 / 1217
2023
Destination $2.84M Dominican Republic
2022 - 2023
FASTEST GROWING MARKET $2.84MDominican Republic
2023
PRODUCT COMPLEXITY IN Textile Scraps-0.9Rnk 804 / 1025
2023
Imports $86MWorld Rnk 2 / 214
Flag Rnk 886 / 1215
2023
Origin $2.62M Pakistan
2022 - 2023
FASTEST GROWING ORIGIN $2.62MIndia
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $63.2M in Textile Scraps, making it the 2nd largest exporter of Textile Scraps in the world. At the same year, Textile Scraps was the 791st most exported product in United States. The main destination of Textile Scraps exports from United States are: Dominican Republic ($17.5M), Mexico ($17.4M), Netherlands ($5.12M), India ($2.88M), and Philippines ($2.18M).

The fastest growing export markets for Textile Scraps of United States between 2022 and 2023 were Dominican Republic ($2.84M), Pakistan ($1.49M), and Netherlands ($810k).

Imports In 2023, United States imported $86M in Textile Scraps, becoming the 2nd largest importer of Textile Scraps in the world. At the same year, Textile Scraps was the 886th most imported product in United States. United States imports Textile Scraps primarily from: Pakistan ($23.8M), Honduras ($15.9M), Canada ($9.49M), Mexico ($7.68M), and India ($6.55M).

The fastest growing import markets in Textile Scraps for United States between 2022 and 2023 were India ($2.62M), Mexico ($2.18M), and China ($2.16M).

COMPANIES In 2023, leading companies such as DuPont (3), Itourscm (3), and CrimsonLogic (2) were at the forefront of shipping Textile Scraps to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Textile Scraps exports accounted up to $4.54M and imports accounted up to $10.3M, resulting in a negative trade balance of $5.74M. Between November 2023 and November 2024 the exports of United States'   Textile Scraps have decreased by $-9.67k (-0.21%) from $4.55M to $4.54M, while imports increased by $997k (10.7%) from $9.28M to $10.3M.

Destinations In November 2024, Textile Scraps were exported mostly to Dominican Republic ($1.43M), Mexico ($1.11M), Netherlands ($368k), India ($256k), and Philippines ($197k), and were imported mostly from Pakistan ($5.46M), Mexico ($1.18M), Honduras ($900k), India ($758k), and Canada ($617k).

Growth In November 2024, the decrease in Textile Scraps's year-by-year exports was explained primarily by a decrease in exports to Germany ($-649k or -75.5%), Nicaragua ($-295k or -76.7%), and Netherlands ($-288k or -88.9%). In November 2024, the increase in Textile Scraps's year-by-year imports was explained primarily by an increase in imports from Canada ($362k or 62.5%), Bangladesh ($215k or 65.1%), and India ($42.4k or 15.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-9.67k(-0.21%)
IMPORT GROWTH (November 2023 - November 2024)$997k(10.7%)
MAIN EXPORTER (November 2024)Florida$1.67M
MAIN DESTINATION (November 2024)Dominican Republic$1.43M

This section shows Textile Scraps'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 Textile Scraps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$63.2M
IMPORTS (2023)$86M
NET TRADE (2023)-$22.8M

In 2023, United States exported $63.2M in Textile Scraps. The main destinations of United States exports on Textile Scraps were Dominican Republic ($17.5M), Mexico ($17.4M), Netherlands ($5.12M), India ($2.88M), and Philippines ($2.18M).

In 2023, United States imported $86M in Textile Scraps, mainly from Pakistan ($23.8M), Honduras ($15.9M), Canada ($9.49M), Mexico ($7.68M), and India ($6.55M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Textile Scraps EXPORT MARKETS FOR United States WERE (2022 - 2023):
Dominican Republic$2.84M (19.4%)
Pakistan$1.49M (2.24k%)
Netherlands$810k (18.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Scraps BY United States WERE (2022 - 2023):
India-$3.29M (-53.3%)
Mexico-$2.85M (-14.1%)
Canada-$1.35M (-43.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Textile Scraps were:
Bangladesh $133M
Pakistan $54.5M
In 2023, United States's main importing competitors in Textile Scraps were:
India $229M
Italy $28M

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Trade Value of Textile Scraps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.65M
TOP IMPORT POTENTIALBangladesh+ $3.85M

Textile Scraps’s highest export potential is India. With an export gap of $2.65M.   Textile Scraps’s highest import potential is Bangladesh with an import gap of $3.85M.

See methodology.

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