2022
Exports
$430MWorld Rnk 6 / 142
Flag Rnk 424 / 1217
2022
PRODUCT COMPLEXITY IN Tool Plates
1.66Rnk 31 / 1025
2022
Imports
$879MWorld Rnk 1 / 188
Flag Rnk 426 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $430M in Tool Plates, making it the 6th largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 424th most exported product in United States. The main destination of Tool Plates exports from United States are: Canada ($104M), Germany ($71.9M), Mexico ($45M), Netherlands ($40.3M), and Israel ($29.3M).

The fastest growing export markets for Tool Plates of United States between 2021 and 2022 were China ($15.8M), Canada ($13.8M), and Mexico ($5.27M).

Imports In 2022, United States imported $879M in Tool Plates, becoming the 1st largest importer of Tool Plates in the world. At the same year, Tool Plates was the 426th most imported product in United States. United States imports Tool Plates primarily from: Israel ($196M), Japan ($137M), Germany ($133M), China ($91.2M), and Sweden ($71.5M).

The fastest growing import markets in Tool Plates for United States between 2021 and 2022 were Israel ($16M), Japan ($12.9M), and Germany ($12.8M).

COMPANIES In 2023, leading companies such as CrimsonLogic (17), Walgreens (16), and Haas Automation (7) were at the forefront of shipping Tool Plates to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-5.98M(-14.1%)
IMPORT GROWTH (September 2023 - September 2024)$-7.76M(-8.58%)
MAIN EXPORTER (September 2024)Kentucky$14.8M
MAIN DESTINATION (September 2024)Mexico$8.28M

This section shows Tool Plates'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 Tool Plates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$430M
IMPORTS (2022)$879M
NET TRADE (2022)-$449M

In 2022, United States exported $430M in Tool Plates. The main destinations of United States exports on Tool Plates were Canada ($104M), Germany ($71.9M), Mexico ($45M), Netherlands ($40.3M), and Israel ($29.3M).

In 2022, United States imported $879M in Tool Plates, mainly from Israel ($196M), Japan ($137M), Germany ($133M), China ($91.2M), and Sweden ($71.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$15.8M (122%)
Canada$13.8M (15.3%)
Mexico$5.27M (13.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY United States WERE (2021 - 2022):
Germany-$8.73M (-10.8%)
Japan-$3.57M (-41.6%)
Belgium-$3.09M (-86.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Tool Plates were:
Germany $1.21B
Japan $880M
China $698M
In 2022, United States's main importing competitors in Tool Plates were:

Explore Visualizations

Trade Value of Tool Plates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.09M
TOP IMPORT POTENTIALChina+ $19.2M

Tool Plates’s highest export potential is China. With an export gap of $9.09M.   Tool Plates’s highest import potential is China with an import gap of $19.2M.

See methodology.

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