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2022
Exports $89MWorld Rnk 6 / 101
Flag Rnk 764 / 1217
2022
Destination $3.74M Canada
2021 - 2022
FASTEST GROWING MARKET $3.74MCanada
2022
PRODUCT COMPLEXITY IN Carbides-0.24Rnk 626 / 1025
2022
Imports $460MWorld Rnk 1 / 175
Flag Rnk 560 / 1216
2022
Origin $104M China
2021 - 2022
FASTEST GROWING ORIGIN $104MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $89M in Carbides, making it the 6th largest exporter of Carbides in the world. At the same year, Carbides was the 764th most exported product in United States. The main destination of Carbides exports from United States are: Canada ($32.6M), Germany ($10.1M), Norway ($8.9M), Mexico ($6.94M), and Japan ($6.03M).

The fastest growing export markets for Carbides of United States between 2021 and 2022 were Canada ($3.74M), Norway ($3.18M), and Germany ($3.05M).

Imports In 2022, United States imported $460M in Carbides, becoming the 1st largest importer of Carbides in the world. At the same year, Carbides was the 560th most imported product in United States. United States imports Carbides primarily from: China ($204M), South Africa ($73M), Norway ($64.4M), Austria ($34.7M), and Canada ($26.5M).

The fastest growing import markets in Carbides for United States between 2021 and 2022 were China ($104M), Norway ($33.9M), and South Africa ($19.6M).

Latest Trends

September 2024

About

Overview In September 2024 United States' Carbides exports accounted up to $5.92M and imports accounted up to $29.8M, resulting in a negative trade balance of $23.9M. Between September 2023 and September 2024 the exports of United States'   Carbides have increased by $287k (5.08%) from $5.64M to $5.92M, while imports increased by $3.86M (14.8%) from $26M to $29.8M.

Destinations In September 2024, Carbides were exported mostly to Canada ($1.39M), Germany ($1.08M), Saudi Arabia ($774k), China ($719k), and Singapore ($459k), and were imported mostly from China ($15.2M), Norway ($4.54M), South Africa ($2.85M), Chinese Taipei ($1.73M), and Canada ($1.49M).

Growth In September 2024, the increase in Carbides's year-by-year exports was explained primarily by an increase in exports to Canada ($976k or 58.3%), Czechia ($439k or 634%), and Japan ($409k or 52.8%). In September 2024, the increase in Carbides's year-by-year imports was explained primarily by an increase in imports from Norway ($2.35M or 100%), Canada ($387k or 26.7%), and India ($255k or 1.54k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$287k(5.08%)
IMPORT GROWTH (September 2023 - September 2024)$3.86M(14.8%)
MAIN EXPORTER (September 2024)New York$2.54M
MAIN DESTINATION (September 2024)Canada$1.39M

This section shows Carbides'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 Carbides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$89M
IMPORTS (2022)$460M
NET TRADE (2022)-$371M

In 2022, United States exported $89M in Carbides. The main destinations of United States exports on Carbides were Canada ($32.6M), Germany ($10.1M), Norway ($8.9M), Mexico ($6.94M), and Japan ($6.03M).

In 2022, United States imported $460M in Carbides, mainly from China ($204M), South Africa ($73M), Norway ($64.4M), Austria ($34.7M), and Canada ($26.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carbides EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$3.74M (13%)
Norway$3.18M (55.5%)
Germany$3.05M (43.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbides BY United States WERE (2021 - 2022):
Austria-$3.1M (-69.5%)
Poland-$366k (-77.9%)
Israel-$222k (-16.3%)
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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 Carbides were:
China $1.04B
Austria $327M
Germany $181M
In 2022, United States's main importing competitors in Carbides were:
Germany $352M
Japan $306M

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Trade Value of Carbides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.19M
TOP IMPORT POTENTIALCanada+ $10.3M

Carbides’s highest export potential is Germany. With an export gap of $2.19M.   Carbides’s highest import potential is Canada with an import gap of $10.3M.

See methodology.

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