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2022
Exports $5.99MWorld Rnk 25 / 119
Flag Rnk 1105 / 1217
2022
Destination $170k Canada
2021 - 2022
FASTEST GROWING MARKET $170kFrance
2022
PRODUCT COMPLEXITY IN Flax Woven Fabric0.57Rnk 334 / 1025
2022
Imports $142MWorld Rnk 2 / 179
Flag Rnk 816 / 1216
2022
Origin $11.4M United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $11.4MUnited Kingdom
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $5.99M in Flax Woven Fabric, making it the 25th largest exporter of Flax Woven Fabric in the world. At the same year, Flax Woven Fabric was the 1105th most exported product in United States. The main destination of Flax Woven Fabric exports from United States are: Canada ($1.98M), Mexico ($695k), United Kingdom ($576k), Guatemala ($281k), and Australia ($255k).

The fastest growing export markets for Flax Woven Fabric of United States between 2021 and 2022 were France ($170k), Canada ($138k), and Belgium ($97.3k).

Imports In 2022, United States imported $142M in Flax Woven Fabric, becoming the 2nd largest importer of Flax Woven Fabric in the world. At the same year, Flax Woven Fabric was the 816th most imported product in United States. United States imports Flax Woven Fabric primarily from: United Kingdom ($31.9M), Belgium ($31.4M), China ($17.5M), Italy ($16M), and India ($14.4M).

The fastest growing import markets in Flax Woven Fabric for United States between 2021 and 2022 were United Kingdom ($11.4M), Belgium ($2.49M), and India ($604k).

COMPANIES In 2023, leading companies such as GE RENEWABLES NORTH AMERICA LLC (3), IKEA Group (2), and LG Electronics (2) were at the forefront of shipping Flax Woven Fabric to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Flax Woven Fabric exports accounted up to $371k and imports accounted up to $10.1M, resulting in a negative trade balance of $9.76M. Between June 2023 and June 2024 the exports of United States'   Flax Woven Fabric have decreased by $-237k (-39%) from $607k to $371k, while imports decreased by $-200k (-1.94%) from $10.3M to $10.1M.

Destinations In June 2024, Flax Woven Fabric were exported mostly to Canada ($147k), Australia ($49.8k), United Kingdom ($49.6k), Mexico ($15.2k), and Philippines ($11.9k), and were imported mostly from Belgium ($2.69M), Italy ($2.09M), United Kingdom ($1.36M), India ($1.26M), and Turkey ($531k).

Growth In June 2024, the decrease in Flax Woven Fabric's year-by-year exports was explained primarily by a decrease in exports to Canada ($-46.8k or -24.8%), China ($-36.2k or -79.5%), and Italy ($-14.9k or -70.5%). In June 2024, the decrease in Flax Woven Fabric's year-by-year imports was explained primarily by a decrease in imports from India ($-635k or -35.9%), France ($-341k or -59.5%), and United Kingdom ($-336k or -23.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-237k(-39%)
IMPORT GROWTH (June 2023 - June 2024)$-200k(-1.94%)
MAIN EXPORTER (June 2024)California$93.5k
MAIN DESTINATION (June 2024)Canada$147k

This section shows Flax Woven Fabric'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 Flax Woven Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.99M
IMPORTS (2022)$142M
NET TRADE (2022)-$136M

In 2022, United States exported $5.99M in Flax Woven Fabric. The main destinations of United States exports on Flax Woven Fabric were Canada ($1.98M), Mexico ($695k), United Kingdom ($576k), Guatemala ($281k), and Australia ($255k).

In 2022, United States imported $142M in Flax Woven Fabric, mainly from United Kingdom ($31.9M), Belgium ($31.4M), China ($17.5M), Italy ($16M), and India ($14.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flax Woven Fabric EXPORT MARKETS FOR United States WERE (2021 - 2022):
France$170k (247%)
Canada$138k (7.5%)
Belgium$97.3k (254%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flax Woven Fabric BY United States WERE (2021 - 2022):
Chile-$86.6k (-65.4%)
Turkey-$46.6k (-81.8%)
Dominican Republic-$32.8k (-43.4%)
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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 Flax Woven Fabric were:
China $1.18B
Italy $194M
Belgium $86.2M
In 2022, United States's main importing competitors in Flax Woven Fabric were:
Bangladesh $381M
Vietnam $135M

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Trade Value of Flax Woven Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $195k
TOP IMPORT POTENTIALChina+ $11.9M

Flax Woven Fabric’s highest export potential is United Kingdom. With an export gap of $195k.   Flax Woven Fabric’s highest import potential is China with an import gap of $11.9M.

See methodology.

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