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2023
Exports $2.48BWorld Rnk 1 / 183
Flag Rnk 126 / 1217
2023
Destination $46.9M Canada
2022 - 2023
FASTEST GROWING MARKET $46.9MUnited Arab Emirates
2023
PRODUCT COMPLEXITY IN Compasses0.63Rnk 316 / 1025
2023
Imports $1.55BWorld Rnk 1 / 217
Flag Rnk 277 / 1215
2023
Origin $203M France
2022 - 2023
FASTEST GROWING ORIGIN $203MFrance
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $2.48B in Compasses, making it the 1st largest exporter of Compasses in the world. At the same year, Compasses was the 126th most exported product in United States. The main destination of Compasses exports from United States are: Canada ($343M), Australia ($191M), France ($189M), Singapore ($171M), and Italy ($139M).

The fastest growing export markets for Compasses of United States between 2022 and 2023 were United Arab Emirates ($46.9M), Singapore ($34.8M), and Australia ($30.4M).

Imports In 2023, United States imported $1.55B in Compasses, becoming the 1st largest importer of Compasses in the world. At the same year, Compasses was the 277th most imported product in United States. United States imports Compasses primarily from: France ($401M), Chinese Taipei ($253M), Mexico ($156M), United Kingdom ($150M), and Canada ($133M).

The fastest growing import markets in Compasses for United States between 2022 and 2023 were France ($203M), Chinese Taipei ($40.8M), and Canada ($20M).

COMPANIES In 2024, leading companies such as CITY Furniture (10), ZF Friedrichshafen (5), and BOEING (4) were at the forefront of shipping Compasses to the United States.

Latest Trends

January 2025

About

Overview In January 2025 United States' Compasses exports accounted up to $137M and imports accounted up to $137M, resulting in a negative trade balance of $44.9k. Between January 2024 and January 2025 the exports of United States'   Compasses have increased by $57.4M (71.8%) from $79.9M to $137M, while imports increased by $21.3M (18.4%) from $116M to $137M.

Destinations In January 2025, Compasses were exported mostly to Canada ($12.1M), France ($10.6M), Germany ($7.2M), South Korea ($6.63M), and United Kingdom ($5.4M), and were imported mostly from France ($46.3M), Chinese Taipei ($23.3M), Mexico ($15.6M), United Kingdom ($11.4M), and Canada ($10.5M).

Growth In January 2025, the increase in Compasses's year-by-year exports was explained primarily by an increase in exports to Germany ($973k or 21%), Netherlands ($966k or 94.7%), and South Korea ($905k or 15.4%). In January 2025, the increase in Compasses's year-by-year imports was explained primarily by an increase in imports from France ($7M or 20.1%), Canada ($3.56M or 62.6%), and Germany ($1.92M or 33.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$57.4M(71.8%)
IMPORT GROWTH (January 2024 - January 2025)$21.3M(18.4%)
MAIN EXPORTER (January 2025)Florida$56M
MAIN DESTINATION (January 2025)Canada$12.1M

This section shows Compasses'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 Compasses over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.48B
IMPORTS (2023)$1.55B
NET TRADE (2023)$929M

In 2023, United States exported $2.48B in Compasses. The main destinations of United States exports on Compasses were Canada ($343M), Australia ($191M), France ($189M), Singapore ($171M), and Italy ($139M).

In 2023, United States imported $1.55B in Compasses, mainly from France ($401M), Chinese Taipei ($253M), Mexico ($156M), United Kingdom ($150M), and Canada ($133M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Compasses EXPORT MARKETS FOR United States WERE (2022 - 2023):
United Arab Emirates$46.9M (87.8%)
Singapore$34.8M (25.6%)
Australia$30.4M (18.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compasses BY United States WERE (2022 - 2023):
Germany-$254M (-74.8%)
Japan-$215M (-86.2%)
France-$50.1M (-20.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Compasses were:
France $1.21B
United Kingdom $601M
In 2023, United States's main importing competitors in Compasses were:
France $513M
United Kingdom $503M

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Trade Value of Compasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $11.4M
TOP IMPORT POTENTIALCanada+ $36.4M

Compasses’s highest export potential is Canada. With an export gap of $11.4M.   Compasses’s highest import potential is Canada with an import gap of $36.4M.

See methodology.

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