Bulbs and Roots in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $14.8M in Bulbs and Roots, making it the 14th largest exporter of Bulbs and Roots in the world. At the same year, Bulbs and Roots was the 1033rd most exported product in United States. The main destination of Bulbs and Roots exports from United States are: Canada ($10.1M), Netherlands ($1.14M), Tunisia ($926k), South Korea ($217k), and Japan ($208k).

The fastest growing export markets for Bulbs and Roots of United States between 2021 and 2022 were Canada ($1.44M), Tunisia ($926k), and Antigua and Barbuda ($170k).

Imports In 2022, United States imported $215M in Bulbs and Roots, becoming the 2nd largest importer of Bulbs and Roots in the world. At the same year, Bulbs and Roots was the 740th most imported product in United States. United States imports Bulbs and Roots primarily from: Netherlands ($160M), Canada ($27.3M), Israel ($5.36M), New Zealand ($4.45M), and United Kingdom ($3.59M).

The fastest growing import markets in Bulbs and Roots for United States between 2021 and 2022 were Netherlands ($3.74M), Costa Rica ($1.41M), and Canada ($1.25M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (534), LEDVANCE LLC (176), and CONTINENTAL MATERIALS INC. (156) were at the forefront of shipping Bulbs and Roots to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Bulbs and Roots exports accounted up to $942k and imports accounted up to $21.7M, resulting in a negative trade balance of $20.8M. Between January 2023 and January 2024 the exports of United States' Bulbs and Roots have decreased by $-1.13M (-54.6%) from $2.08M to $942k, while imports decreased by $-650k (-2.91%) from $22.3M to $21.7M.

Destinations In January 2024, Bulbs and Roots were exported mostly to Canada ($705k), Uruguay ($180k), Japan ($20k), Ethiopia ($15.3k), and United Kingdom ($12.2k), and were imported mostly from Netherlands ($18.5M), Canada ($2.28M), Costa Rica ($430k), Israel ($220k), and Belgium ($194k).

Growth In January 2024, the decrease in Bulbs and Roots's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-146k or -65.7%), Israel ($-5.3k or -45.9%), and Japan ($-4.05k or -30.6%). In January 2024, the decrease in Bulbs and Roots's year-by-year imports was explained primarily by a decrease in imports from Canada ($-143k or -6.63%), Costa Rica ($-71.2k or -11.4%), and Dominican Republic ($-27.3k or -77.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-1.13M(-54.6%)

IMPORT GROWTH (January 2023 - January 2024)$-650k(-2.91%)

MAIN EXPORTER (January 2024)Florida$516k

MAIN DESTINATION (January 2024)Canada$705k

This section shows Bulbs and Roots'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 Bulbs and Roots over time.

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