Textile Scraps in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $72.4M in Textile Scraps, making it the 2nd largest exporter of Textile Scraps in the world. At the same year, Textile Scraps was the 806th most exported product in United States. The main destination of Textile Scraps exports from United States are: Mexico ($19.8M), Dominican Republic ($10M), Germany ($7.31M), India ($5.33M), and Netherlands ($4.26M).

The fastest growing export markets for Textile Scraps of United States between 2021 and 2022 were Dominican Republic ($2.18M), Germany ($1.51M), and Netherlands ($1.48M).

Imports In 2022, United States imported $89.1M in Textile Scraps, becoming the 2nd largest importer of Textile Scraps in the world. At the same year, Textile Scraps was the 895th most imported product in United States. United States imports Textile Scraps primarily from: Pakistan ($23.2M), Honduras ($20.1M), Canada ($14.2M), Bangladesh ($6.57M), and Mexico ($6.36M).

The fastest growing import markets in Textile Scraps for United States between 2021 and 2022 were Honduras ($3.23M), Nicaragua ($2.16M), and Canada ($1.86M).

COMPANIES In 2023, leading companies such as WAL-MART INC. (268), DUPONT SPECIALTY PRODUCTS USA, LLC (69), and MICHAEL KORS (USA), INC. (28) were at the forefront of shipping Textile Scraps to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Textile Scraps exports accounted up to $4.38M and imports accounted up to $7.13M, resulting in a negative trade balance of $2.75M. Between January 2023 and January 2024 the exports of United States' Textile Scraps have increased by $184k (4.38%) from $4.2M to $4.38M, while imports decreased by $-1.9M (-21%) from $9.02M to $7.13M.

Destinations In January 2024, Textile Scraps were exported mostly to Mexico ($1.17M), Dominican Republic ($965k), Netherlands ($397k), Panama ($309k), and India ($213k), and were imported mostly from Pakistan ($3.68M), Canada ($615k), China ($478k), India ($468k), and Honduras ($463k).

Growth In January 2024, the increase in Textile Scraps's year-by-year exports was explained primarily by an increase in exports to Dominican Republic ($399k or 49.4%), Philippines ($134k or 668%), and United Arab Emirates ($69.5k or 193%). In January 2024, the decrease in Textile Scraps's year-by-year imports was explained primarily by a decrease in imports from Dominican Republic ($-94.6k or -44.8%), Pakistan ($-92.8k or -1.68%), and Mexico ($-73.9k or -22.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$184k(4.38%)

IMPORT GROWTH (January 2023 - January 2024)$-1.9M(-21%)

MAIN EXPORTER (January 2024)Florida$1.26M

MAIN DESTINATION (January 2024)Mexico$1.17M

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$72.4M

IMPORTS (2022)$89.1M

NET TRADE (2022)-$16.7M

In 2022, United States exported $72.4M in Textile Scraps. The main destinations of United States exports on Textile Scraps were Mexico ($19.8M), Dominican Republic ($10M), Germany ($7.31M), India ($5.33M), and Netherlands ($4.26M).

In 2022, United States imported $89.1M in Textile Scraps, mainly from Pakistan ($23.2M), Honduras ($20.1M), Canada ($14.2M), Bangladesh ($6.57M), and Mexico ($6.36M).

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