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Pricing

2022
Exports $195MWorld Rnk 3 / 187
Flag Rnk 594 / 1217
2022
Destination $8.36M Mexico
2021 - 2022
FASTEST GROWING MARKET $8.36MChina
2022
PRODUCT COMPLEXITY IN Twine and Rope-0.72Rnk 762 / 1025
2022
Imports $418MWorld Rnk 1 / 223
Flag Rnk 596 / 1216
2022
Origin $7.41M China
2021 - 2022
FASTEST GROWING ORIGIN $7.41MVietnam
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $195M in Twine and Rope, making it the 3rd largest exporter of Twine and Rope in the world. At the same year, Twine and Rope was the 594th most exported product in United States. The main destination of Twine and Rope exports from United States are: Mexico ($59.2M), China ($25M), Canada ($24.9M), Costa Rica ($11.1M), and Australia ($5.67M).

The fastest growing export markets for Twine and Rope of United States between 2021 and 2022 were China ($8.36M), Mexico ($6.7M), and Costa Rica ($5.9M).

Imports In 2022, United States imported $418M in Twine and Rope, becoming the 1st largest importer of Twine and Rope in the world. At the same year, Twine and Rope was the 596th most imported product in United States. United States imports Twine and Rope primarily from: China ($90.6M), Portugal ($45M), Vietnam ($35.8M), Canada ($32.5M), and Mexico ($27.9M).

The fastest growing import markets in Twine and Rope for United States between 2021 and 2022 were Vietnam ($7.41M), Belgium ($5M), and United Kingdom ($4.46M).

COMPANIES In 2023, leading companies such as Itourscm (707), CrimsonLogic (552), and Guess Clothing (72) were at the forefront of shipping Twine and Rope to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Twine and Rope exports accounted up to $17.4M and imports accounted up to $26.9M, resulting in a negative trade balance of $9.43M. Between August 2023 and August 2024 the exports of United States'   Twine and Rope have increased by $1.07M (6.53%) from $16.4M to $17.4M, while imports increased by $6.6M (32.6%) from $20.3M to $26.9M.

Destinations In August 2024, Twine and Rope were exported mostly to Mexico ($6.69M), Canada ($1.95M), China ($1.61M), Costa Rica ($1.3M), and South Korea ($486k), and were imported mostly from China ($6.47M), Portugal ($5.66M), United Kingdom ($1.93M), Mexico ($1.86M), and Canada ($1.73M).

Growth In August 2024, the increase in Twine and Rope's year-by-year exports was explained primarily by an increase in exports to Switzerland ($393k or 88.4%), China ($376k or 38.3%), and Mexico ($341k or 6.72%). In August 2024, the increase in Twine and Rope's year-by-year imports was explained primarily by an increase in imports from Vietnam ($891k or 53.7%), Thailand ($257k or 7.66k%), and Czechia ($236k or 50.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$1.07M(6.53%)
IMPORT GROWTH (August 2023 - August 2024)$6.6M(32.6%)
MAIN EXPORTER (August 2024)Texas$3.83M
MAIN DESTINATION (August 2024)Mexico$6.69M

This section shows Twine and Rope'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 Twine and Rope over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$195M
IMPORTS (2022)$418M
NET TRADE (2022)-$223M

In 2022, United States exported $195M in Twine and Rope. The main destinations of United States exports on Twine and Rope were Mexico ($59.2M), China ($25M), Canada ($24.9M), Costa Rica ($11.1M), and Australia ($5.67M).

In 2022, United States imported $418M in Twine and Rope, mainly from China ($90.6M), Portugal ($45M), Vietnam ($35.8M), Canada ($32.5M), and Mexico ($27.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Twine and Rope EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$8.36M (50.2%)
Mexico$6.7M (12.8%)
Costa Rica$5.9M (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Twine and Rope BY United States WERE (2021 - 2022):
Mozambique-$17M (-100%)
United Kingdom-$1.11M (-22.2%)
Nigeria-$971k (-86.2%)
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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 Twine and Rope were:
China $914M
Portugal $267M
In 2022, United States's main importing competitors in Twine and Rope were:
Germany $133M
France $132M

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Trade Value of Twine and Rope by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $4.16M
TOP IMPORT POTENTIALChina+ $15.8M

Twine and Rope’s highest export potential is Canada. With an export gap of $4.16M.   Twine and Rope’s highest import potential is China with an import gap of $15.8M.

See methodology.

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