Cermets in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $80.2M in Cermets, making it the 4th largest exporter of Cermets in the world. At the same year, Cermets was the 782nd most exported product in United States. The main destination of Cermets exports from United States are: Germany ($24.5M), Singapore ($6.6M), Austria ($5.68M), United Kingdom ($5.18M), and Finland ($4.98M).

The fastest growing export markets for Cermets of United States between 2021 and 2022 were Germany ($9.45M), United Kingdom ($3.15M), and South Korea ($2.52M).

Imports In 2022, United States imported $115M in Cermets, becoming the 2nd largest importer of Cermets in the world. At the same year, Cermets was the 859th most imported product in United States. United States imports Cermets primarily from: Germany ($67.8M), Canada ($14M), China ($8.27M), Austria ($6.18M), and Luxembourg ($3.29M).

The fastest growing import markets in Cermets for United States between 2021 and 2022 were Germany ($14.7M), Canada ($4.92M), and China ($2.32M).

Latest Trends

June 2024

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Overview In June 2024 United States' Cermets exports accounted up to $6.1M and imports accounted up to $6.48M, resulting in a negative trade balance of $376k. Between June 2023 and June 2024 the exports of United States' Cermets have decreased by $-722k (-10.6%) from $6.82M to $6.1M, while imports decreased by $-1.65M (-20.3%) from $8.13M to $6.48M.

Destinations In June 2024, Cermets were exported mostly to Germany ($2.13M), Finland ($1.36M), Singapore ($751k), Czechia ($440k), and Canada ($375k), and were imported mostly from Germany ($5.01M), China ($427k), Canada ($243k), Brazil ($209k), and France ($149k).

Growth In June 2024, the decrease in Cermets's year-by-year exports was explained primarily by a decrease in exports to Switzerland ($-318k or -68.7%), China ($-236k or -76.7%), and United Kingdom ($-215k or -79.3%). In June 2024, the decrease in Cermets's year-by-year imports was explained primarily by a decrease in imports from China ($-288k or -67.1%) and Liechtenstein ($-882 or -7.94%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-722k(-10.6%)

IMPORT GROWTH (June 2023 - June 2024)$-1.65M(-20.3%)

MAIN EXPORTER (June 2024)Kentucky$1.93M

MAIN DESTINATION (June 2024)Germany$2.13M

This section shows Cermets'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 Cermets over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$80.2M

IMPORTS (2022)$115M

NET TRADE (2022)-$35.2M

In 2022, United States exported $80.2M in Cermets. The main destinations of United States exports on Cermets were Germany ($24.5M), Singapore ($6.6M), Austria ($5.68M), United Kingdom ($5.18M), and Finland ($4.98M).

In 2022, United States imported $115M in Cermets, mainly from Germany ($67.8M), Canada ($14M), China ($8.27M), Austria ($6.18M), and Luxembourg ($3.29M).

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