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2023
Exports $10.2MWorld Rnk 6 / 68
Flag Rnk 1042 / 1217
2023
Destination $593k Mexico
2022 - 2023
FASTEST GROWING MARKET $593kJapan
2023
Imports $5.35MWorld Rnk 10 / 117
Flag Rnk 1145 / 1215
2023
Origin $1.09M Belgium
2022 - 2023
FASTEST GROWING ORIGIN $1.09MBelgium
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $10.2M in Copper Alloys, making it the 6th largest exporter of Copper Alloys in the world. At the same year, Copper Alloys was the 1042nd most exported product in United States. The main destination of Copper Alloys exports from United States are: Mexico ($3.11M), Canada ($1.61M), Japan ($1.27M), Switzerland ($673k), and China ($665k).

The fastest growing export markets for Copper Alloys of United States between 2022 and 2023 were Japan ($593k), South Korea ($560k), and Saudi Arabia ($251k).

Imports In 2023, United States imported $5.35M in Copper Alloys, becoming the 10th largest importer of Copper Alloys in the world. At the same year, Copper Alloys was the 1145th most imported product in United States. United States imports Copper Alloys primarily from: Belgium ($3.32M), Kazakhstan ($942k), Germany ($351k), India ($305k), and China ($177k).

The fastest growing import markets in Copper Alloys for United States between 2022 and 2023 were Belgium ($1.09M), Germany ($210k), and China ($149k).

COMPANIES In 2023, leading companies such as Groupe SEB (12), Magna International (10), and Mystic Apparel (9) were at the forefront of shipping Copper Alloys to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Copper Alloys exports accounted up to $684k and imports accounted up to $186k, resulting in a positive trade balance of $497k. Between November 2023 and November 2024 the exports of United States'   Copper Alloys have increased by $12.9k (1.92%) from $671k to $684k, while imports decreased by $-155k (-45.4%) from $341k to $186k.

Destinations In November 2024, Copper Alloys were exported mostly to Mexico ($248k), Canada ($195k), China ($109k), Malaysia ($90k), and Peru ($20.6k), and were imported mostly from Japan ($186k), Bahrain ($0), China ($0), India ($0), and Kazakhstan ($0).

Growth In November 2024, the increase in Copper Alloys's year-by-year exports was explained primarily by an increase in exports to Mexico ($82.2k or 32.9%), Canada ($9.3k or 5.89%), and Japan ($6.32k or 4.66%). In November 2024, the decrease in Copper Alloys's year-by-year imports was explained primarily by a decrease in imports from Mexico ($-1.26k or -12.5%) and India ($-1.23k or -6.54%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$12.9k(1.92%)
IMPORT GROWTH (November 2023 - November 2024)$-155k(-45.4%)
MAIN EXPORTER (November 2024)Ohio$643k
MAIN DESTINATION (November 2024)Mexico$248k

This section shows Copper Alloys'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 Copper Alloys over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$10.2M
IMPORTS (2023)$5.35M
NET TRADE (2023)$4.89M

In 2023, United States exported $10.2M in Copper Alloys. The main destinations of United States exports on Copper Alloys were Mexico ($3.11M), Canada ($1.61M), Japan ($1.27M), Switzerland ($673k), and China ($665k).

In 2023, United States imported $5.35M in Copper Alloys, mainly from Belgium ($3.32M), Kazakhstan ($942k), Germany ($351k), India ($305k), and China ($177k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Alloys EXPORT MARKETS FOR United States WERE (2022 - 2023):
Japan$593k (87.5%)
South Korea$560k (1.33M%)
Saudi Arabia$251k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Alloys BY United States WERE (2022 - 2023):
Mexico-$2.72M (-46.6%)
China-$1.18M (-63.9%)
Germany-$1.01M (-78.7%)
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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 Copper Alloys were:
Democratic Republic of the Congo $107M
Belgium $66.1M
South Korea $21.5M
In 2023, United States's main importing competitors in Copper Alloys were:
China $123M
Germany $57.3M
Italy $11.5M

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Trade Value of Copper Alloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.08M
TOP IMPORT POTENTIALIndia+ $114k

Copper Alloys’s highest export potential is China. With an export gap of $1.08M.   Copper Alloys’s highest import potential is India with an import gap of $114k.

See methodology.

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