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2022
Exports $8.26MWorld Rnk 2 / 110
Flag Rnk 1083 / 1217
2022
Destination $736k Canada
2021 - 2022
FASTEST GROWING MARKET $736kChina
2022
Imports $9.19MWorld Rnk 1 / 179
Flag Rnk 1124 / 1216
2022
Origin $609k Germany
2021 - 2022
FASTEST GROWING ORIGIN $609kPhilippines
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $8.26M in Textile Wicks, making it the 2nd largest exporter of Textile Wicks in the world. At the same year, Textile Wicks was the 1083rd most exported product in United States. The main destination of Textile Wicks exports from United States are: Canada ($2.95M), China ($1.37M), Mexico ($800k), Australia ($563k), and Vietnam ($453k).

The fastest growing export markets for Textile Wicks of United States between 2021 and 2022 were China ($736k), Philippines ($65.6k), and Dominica ($64.9k).

Imports In 2022, United States imported $9.19M in Textile Wicks, becoming the 1st largest importer of Textile Wicks in the world. At the same year, Textile Wicks was the 1124th most imported product in United States. United States imports Textile Wicks primarily from: Germany ($3.11M), India ($1.32M), China ($1.25M), Philippines ($1.23M), and Malaysia ($387k).

The fastest growing import markets in Textile Wicks for United States between 2021 and 2022 were Philippines ($609k), Malaysia ($384k), and Vietnam ($262k).

COMPANIES In 2023, leading companies such as H&M Clothing (70), IKEA Group (21), and Amazon (11) were at the forefront of shipping Textile Wicks to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Textile Wicks exports accounted up to $773k and imports accounted up to $453k, resulting in a positive trade balance of $321k. Between June 2023 and June 2024 the exports of United States'   Textile Wicks have increased by $402k (108%) from $371k to $773k, while imports decreased by $-364k (-44.6%) from $817k to $453k.

Destinations In June 2024, Textile Wicks were exported mostly to Canada ($555k), China ($43k), Mexico ($31.7k), United Arab Emirates ($24.3k), and Australia ($21.3k), and were imported mostly from China ($134k), Brazil ($97.4k), Mexico ($56.8k), Philippines ($55.7k), and Germany ($39.7k).

Growth In June 2024, the increase in Textile Wicks's year-by-year exports was explained primarily by an increase in exports to China ($83.4k or 193%), Czechia ($18.8k or 678%), and Germany ($3.1k or 39.9%). In June 2024, the decrease in Textile Wicks's year-by-year imports was explained primarily by a decrease in imports from Germany ($-286k or -87.5%), China ($-43.8k or -14.1%), and India ($-25.3k or -17.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$402k(108%)
IMPORT GROWTH (June 2023 - June 2024)$-364k(-44.6%)
MAIN EXPORTER (June 2024)Florida$309k
MAIN DESTINATION (June 2024)Canada$555k

This section shows Textile Wicks'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 Wicks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.26M
IMPORTS (2022)$9.19M
NET TRADE (2022)-$932k

In 2022, United States exported $8.26M in Textile Wicks. The main destinations of United States exports on Textile Wicks were Canada ($2.95M), China ($1.37M), Mexico ($800k), Australia ($563k), and Vietnam ($453k).

In 2022, United States imported $9.19M in Textile Wicks, mainly from Germany ($3.11M), India ($1.32M), China ($1.25M), Philippines ($1.23M), and Malaysia ($387k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Wicks EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$736k (116%)
Philippines$65.6k (1.49k%)
Dominica$64.9k (81.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Wicks BY United States WERE (2021 - 2022):
Canada-$758k (-20.5%)
India-$307k (-75.8%)
Saudi Arabia-$284k (-83.8%)
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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 Textile Wicks were:
Germany $17.9M
China $7.44M
In 2022, United States's main importing competitors in Textile Wicks were:
Poland $5.8M
Germany $4.89M

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Trade Value of Textile Wicks by Exporters

Potential Exports

Potential Exports

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

Textile Wicks’s highest export potential is N/A. With an export gap of N/A.   Textile Wicks’s highest import potential is N/A with an import gap of N/A.

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