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2022
Exports $191MWorld Rnk 2 / 153
Flag Rnk 598 / 1217
2022
Destination $8.65M Germany
2021 - 2022
FASTEST GROWING MARKET $8.65MFrance
2022
PRODUCT COMPLEXITY IN Friction Material0.27Rnk 464 / 1025
2022
Imports $164MWorld Rnk 1 / 211
Flag Rnk 790 / 1216
2022
Origin $6M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $6MBrazil
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $191M in Friction Material, making it the 2nd largest exporter of Friction Material in the world. At the same year, Friction Material was the 598th most exported product in United States. The main destination of Friction Material exports from United States are: Germany ($25M), Mexico ($21.7M), China ($20.2M), South Korea ($16.4M), and Canada ($14.3M).

The fastest growing export markets for Friction Material of United States between 2021 and 2022 were France ($8.65M), Italy ($6.06M), and United Kingdom ($4.06M).

Imports In 2022, United States imported $164M in Friction Material, becoming the 1st largest importer of Friction Material in the world. At the same year, Friction Material was the 790th most imported product in United States. United States imports Friction Material primarily from: Brazil ($37.6M), India ($33.2M), United Kingdom ($21.1M), Japan ($17.4M), and Mexico ($15.8M).

The fastest growing import markets in Friction Material for United States between 2021 and 2022 were Brazil ($6M), Mexico ($5.68M), and China ($5.56M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (83), Robert Bosch (74), and General Motors (45) were at the forefront of shipping Friction Material to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Friction Material exports accounted up to $18M and imports accounted up to $16.1M, resulting in a positive trade balance of $1.97M. Between June 2023 and June 2024 the exports of United States'   Friction Material have increased by $3.65M (25.3%) from $14.4M to $18M, while imports increased by $3.54M (28.2%) from $12.5M to $16.1M.

Destinations In June 2024, Friction Material were exported mostly to France ($3.85M), Mexico ($2.26M), Germany ($1.8M), Canada ($1.65M), and South Korea ($1.43M), and were imported mostly from Brazil ($3.64M), Mexico ($2.95M), India ($1.76M), Malaysia ($1.57M), and Japan ($1.39M).

Growth In June 2024, the increase in Friction Material's year-by-year exports was explained primarily by an increase in exports to India ($1.62M or 830%), Canada ($626k or 59.3%), and United Arab Emirates ($612k or 2.3k%). In June 2024, the increase in Friction Material's year-by-year imports was explained primarily by an increase in imports from France ($1.19M or 365%), Germany ($471k or 395%), and China ($428k or 38.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$3.65M(25.3%)
IMPORT GROWTH (June 2023 - June 2024)$3.54M(28.2%)
MAIN EXPORTER (June 2024)Colorado$4.06M
MAIN DESTINATION (June 2024)France$3.85M

This section shows Friction Material'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 Friction Material over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$191M
IMPORTS (2022)$164M
NET TRADE (2022)$27.2M

In 2022, United States exported $191M in Friction Material. The main destinations of United States exports on Friction Material were Germany ($25M), Mexico ($21.7M), China ($20.2M), South Korea ($16.4M), and Canada ($14.3M).

In 2022, United States imported $164M in Friction Material, mainly from Brazil ($37.6M), India ($33.2M), United Kingdom ($21.1M), Japan ($17.4M), and Mexico ($15.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Friction Material EXPORT MARKETS FOR United States WERE (2021 - 2022):
France$8.65M (206%)
Italy$6.06M (137%)
United Kingdom$4.06M (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Friction Material BY United States WERE (2021 - 2022):
Germany-$2.07M (-7.65%)
Russia-$1.86M (-97.6%)
Japan-$1.73M (-11.2%)
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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 Friction Material were:
Japan $247M
Germany $155M
In 2022, United States's main importing competitors in Friction Material were:
China $111M
Germany $85.5M

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Trade Value of Friction Material by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $2.44M
TOP IMPORT POTENTIALGermany+ $2.76M

Friction Material’s highest export potential is Canada. With an export gap of $2.44M.   Friction Material’s highest import potential is Germany with an import gap of $2.76M.

See methodology.

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