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2022
Exports $480MWorld Rnk 7 / 138
Flag Rnk 399 / 1217
2022
Destination $32.1M Mexico
2021 - 2022
FASTEST GROWING MARKET $32.1MMexico
2022
PRODUCT COMPLEXITY IN Copper Plating0.35Rnk 421 / 1025
2022
Imports $1.14BWorld Rnk 2 / 202
Flag Rnk 371 / 1216
2022
Origin $44.3M Germany
2021 - 2022
FASTEST GROWING ORIGIN $44.3MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $480M in Copper Plating, making it the 7th largest exporter of Copper Plating in the world. At the same year, Copper Plating was the 399th most exported product in United States. The main destination of Copper Plating exports from United States are: Mexico ($222M), Canada ($72.7M), China ($36.6M), Germany ($23.1M), and Chinese Taipei ($20.4M).

The fastest growing export markets for Copper Plating of United States between 2021 and 2022 were Mexico ($32.1M), China ($21.7M), and Canada ($10.1M).

Imports In 2022, United States imported $1.14B in Copper Plating, becoming the 2nd largest importer of Copper Plating in the world. At the same year, Copper Plating was the 371st most imported product in United States. United States imports Copper Plating primarily from: Germany ($468M), Brazil ($104M), Peru ($89.3M), China ($62.1M), and India ($55.5M).

The fastest growing import markets in Copper Plating for United States between 2021 and 2022 were China ($44.3M), Brazil ($36.2M), and India ($33.5M).

COMPANIES In 2023, leading companies such as TE Connectivity (101), Walmart (49), and Amazon (33) were at the forefront of shipping Copper Plating to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Copper Plating exports accounted up to $47.6M and imports accounted up to $97.9M, resulting in a negative trade balance of $50.3M. Between August 2023 and August 2024 the exports of United States'   Copper Plating have increased by $7.93M (20%) from $39.7M to $47.6M, while imports increased by $20.8M (26.9%) from $77.1M to $97.9M.

Destinations In August 2024, Copper Plating were exported mostly to Mexico ($28M), Canada ($5.08M), Germany ($3.62M), China ($2.94M), and South Korea ($1.84M), and were imported mostly from Germany ($27M), Peru ($19.3M), Brazil ($12.6M), Bulgaria ($7.4M), and Finland ($6.38M).

Growth In August 2024, the increase in Copper Plating's year-by-year exports was explained primarily by an increase in exports to Mexico ($5.73M or 39.9%), Canada ($970k or 19%), and Germany ($922k or 75.3%). In August 2024, the increase in Copper Plating's year-by-year imports was explained primarily by an increase in imports from Germany ($5.65M or 18.5%), Serbia ($2.13M or 401%), and Brazil ($1.21M or 21.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$7.93M(20%)
IMPORT GROWTH (August 2023 - August 2024)$20.8M(26.9%)
MAIN EXPORTER (August 2024)Texas$13.3M
MAIN DESTINATION (August 2024)Mexico$28M

This section shows Copper Plating'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 Plating over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$480M
IMPORTS (2022)$1.14B
NET TRADE (2022)-$655M

In 2022, United States exported $480M in Copper Plating. The main destinations of United States exports on Copper Plating were Mexico ($222M), Canada ($72.7M), China ($36.6M), Germany ($23.1M), and Chinese Taipei ($20.4M).

In 2022, United States imported $1.14B in Copper Plating, mainly from Germany ($468M), Brazil ($104M), Peru ($89.3M), China ($62.1M), and India ($55.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Plating EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$32.1M (16.9%)
China$21.7M (145%)
Canada$10.1M (16.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Plating BY United States WERE (2021 - 2022):
Hong Kong-$24.2M (-55.2%)
Singapore-$2.26M (-52.1%)
Netherlands-$932k (-56.7%)
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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 Copper Plating were:
Germany $3.15B
Japan $1.48B
China $1.13B
In 2022, United States's main importing competitors in Copper Plating were:
China $1.27B
Germany $843M

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Trade Value of Copper Plating by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $14.3M
TOP IMPORT POTENTIALChina+ $33.7M

Copper Plating’s highest export potential is China. With an export gap of $14.3M.   Copper Plating’s highest import potential is China with an import gap of $33.7M.

See methodology.

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