2022
Exports
$260MWorld Rnk 2 / 197
Flag Rnk 535 / 1217
2022
PRODUCT COMPLEXITY IN Drafting Tools
1.71Rnk 23 / 1025
2022
Imports
$382MWorld Rnk 1 / 220
Flag Rnk 618 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $260M in Drafting Tools, making it the 2nd largest exporter of Drafting Tools in the world. At the same year, Drafting Tools was the 535th most exported product in United States. The main destination of Drafting Tools exports from United States are: Canada ($54.3M), United Arab Emirates ($31M), Hong Kong ($28.9M), Mexico ($21M), and United Kingdom ($12.3M).

The fastest growing export markets for Drafting Tools of United States between 2021 and 2022 were Hong Kong ($9.89M), Canada ($8.39M), and United Arab Emirates ($8.01M).

Imports In 2022, United States imported $382M in Drafting Tools, becoming the 1st largest importer of Drafting Tools in the world. At the same year, Drafting Tools was the 618th most imported product in United States. United States imports Drafting Tools primarily from: China ($165M), Japan ($44.7M), Thailand ($42.4M), Vietnam ($40.3M), and Mexico ($18.7M).

The fastest growing import markets in Drafting Tools for United States between 2021 and 2022 were China ($9.93M), Japan ($3.08M), and Costa Rica ($501k).

COMPANIES In 2023, leading companies such as Acer (355), Stanley Black & Decker (323), and Lenovo (146) were at the forefront of shipping Drafting Tools to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$6.22M(24.9%)
IMPORT GROWTH (September 2023 - September 2024)$7.27M(26%)
MAIN EXPORTER (September 2024)Oregon$9.2M
MAIN DESTINATION (September 2024)Hong Kong$9.77M

This section shows Drafting Tools'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 Drafting Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$260M
IMPORTS (2022)$382M
NET TRADE (2022)-$122M

In 2022, United States exported $260M in Drafting Tools. The main destinations of United States exports on Drafting Tools were Canada ($54.3M), United Arab Emirates ($31M), Hong Kong ($28.9M), Mexico ($21M), and United Kingdom ($12.3M).

In 2022, United States imported $382M in Drafting Tools, mainly from China ($165M), Japan ($44.7M), Thailand ($42.4M), Vietnam ($40.3M), and Mexico ($18.7M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drafting Tools EXPORT MARKETS FOR United States WERE (2021 - 2022):
Hong Kong$9.89M (52.1%)
Canada$8.39M (18.3%)
United Arab Emirates$8.01M (34.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drafting Tools BY United States WERE (2021 - 2022):
Netherlands-$5.07M (-35.9%)
Ireland-$4.65M (-73.5%)
Colombia-$3M (-45%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Drafting Tools were:
China $1.11B
In 2022, United States's main importing competitors in Drafting Tools were:

Explore Visualizations

Trade Value of Drafting Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.78M
TOP IMPORT POTENTIALGermany+ $5.57M

Drafting Tools’s highest export potential is China. With an export gap of $2.78M.   Drafting Tools’s highest import potential is Germany with an import gap of $5.57M.

See methodology.

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