Cutlery sets plated with precious metal in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $1.85M in Cutlery sets plated with precious metal, making it the 8th largest exporter of Cutlery sets plated with precious metal in the world. At the same year, Cutlery sets plated with precious metal was the 4014th most exported product in United States. The main destination of Cutlery sets plated with precious metal exports from United States are: Mexico ($702k), Chile ($105k), Canada ($97.2k), Singapore ($97k), and Bermuda ($87.6k).

The fastest growing export markets for Cutlery sets plated with precious metal of United States between 2021 and 2022 were Singapore ($95.3k), Bahamas ($69.7k), and Bermuda ($43.2k).

Imports In 2022, United States imported $3.11M in Cutlery sets plated with precious metal, becoming the 3rd largest importer of Cutlery sets plated with precious metal in the world. At the same year, Cutlery sets plated with precious metal was the 4104th most imported product in United States. United States imports Cutlery sets plated with precious metal primarily from: China ($956k), Germany ($394k), Portugal ($355k), United Kingdom ($296k), and Vietnam ($185k).

The fastest growing import markets in Cutlery sets plated with precious metal for United States between 2021 and 2022 were India ($92.2k), South Korea ($82.9k), and Indonesia ($67.5k).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Cutlery sets plated with precious metal to the United States.

Latest Trends

June 2024

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Overview In June 2024 United States' Cutlery sets plated with precious metal exports accounted up to $129k and imports accounted up to $23.7k, resulting in a positive trade balance of $105k. Between June 2023 and June 2024 the exports of United States' Cutlery sets plated with precious metal have increased by $69.9k (118%) from $59.3k to $129k, while imports decreased by $-10.6k (-30.8%) from $34.3k to $23.7k.

Destinations In June 2024, Cutlery sets plated with precious metal were exported mostly to Ghana ($45k), Dominican Republic ($20.6k), Mexico ($20.6k), China ($10.8k), and Canada ($10.3k), and were imported mostly from China ($13.3k), France ($10.4k), Japan ($0), Vietnam ($0), and Italy ($0).

Growth In June 2024, the increase in Cutlery sets plated with precious metal's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Cutlery sets plated with precious metal's year-by-year imports was explained primarily by a decrease in imports from China ($-317k or -78.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$69.9k(118%)

IMPORT GROWTH (June 2023 - June 2024)$-10.6k(-30.8%)

MAIN EXPORTER (June 2024)Texas$106k

MAIN DESTINATION (June 2024)Ghana$45k

This section shows Cutlery sets plated with precious metal'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 Cutlery sets plated with precious metal over time.

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