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2023
Exports $221MWorld Rnk 1 / 160
Flag Rnk 552 / 1217
2023
Destination $8.9M Germany
2022 - 2023
FASTEST GROWING MARKET $8.9MUnited Kingdom
2023
PRODUCT COMPLEXITY IN Friction Material0.43Rnk 397 / 1025
2023
Imports $173MWorld Rnk 1 / 212
Flag Rnk 764 / 1215
2023
Origin $4.63M Brazil
2022 - 2023
FASTEST GROWING ORIGIN $4.63MMexico
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $221M in Friction Material, making it the 1st largest exporter of Friction Material in the world. At the same year, Friction Material was the 552nd most exported product in United States. The main destination of Friction Material exports from United States are: Germany ($26.8M), Mexico ($26.4M), France ($25.1M), United Kingdom ($20.5M), and South Korea ($15.9M).

The fastest growing export markets for Friction Material of United States between 2022 and 2023 were United Kingdom ($8.9M), France ($7.65M), and Brazil ($5.99M).

Imports In 2023, United States imported $173M in Friction Material, becoming the 1st largest importer of Friction Material in the world. At the same year, Friction Material was the 764th most imported product in United States. United States imports Friction Material primarily from: Brazil ($37.5M), India ($31.1M), Mexico ($20.7M), Japan ($19.1M), and China ($13.5M).

The fastest growing import markets in Friction Material for United States between 2022 and 2023 were Mexico ($4.63M), United Kingdom ($2.8M), and Japan ($2.12M).

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

November 2024

About

Overview In November 2024 United States' Friction Material exports accounted up to $17.7M and imports accounted up to $17.9M, resulting in a negative trade balance of $169k. Between November 2023 and November 2024 the exports of United States'   Friction Material have decreased by $-3.52M (-16.6%) from $21.2M to $17.7M, while imports increased by $3.12M (21.2%) from $14.7M to $17.9M.

Destinations In November 2024, Friction Material were exported mostly to France ($4.71M), Mexico ($1.99M), Germany ($1.74M), South Korea ($1.5M), and Israel ($1.1M), and were imported mostly from Brazil ($8.05M), India ($2.84M), Mexico ($2.6M), Japan ($1.1M), and Colombia ($882k).

Growth In November 2024, the decrease in Friction Material's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-567k or -55.1%), United Kingdom ($-233k or -38.5%), and Chinese Taipei ($-168k or -46.7%). In November 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 (November 2023 - November 2024)$-3.52M(-16.6%)
IMPORT GROWTH (November 2023 - November 2024)$3.12M(21.2%)
MAIN EXPORTER (November 2024)Kentucky$4.27M
MAIN DESTINATION (November 2024)France$4.71M

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 (2023)$221M
IMPORTS (2023)$173M
NET TRADE (2023)$47.5M

In 2023, United States exported $221M in Friction Material. The main destinations of United States exports on Friction Material were Germany ($26.8M), Mexico ($26.4M), France ($25.1M), United Kingdom ($20.5M), and South Korea ($15.9M).

In 2023, United States imported $173M in Friction Material, mainly from Brazil ($37.5M), India ($31.1M), Mexico ($20.7M), Japan ($19.1M), and China ($13.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Friction Material EXPORT MARKETS FOR United States WERE (2022 - 2023):
United Kingdom$8.9M (76.6%)
France$7.65M (43.8%)
Brazil$5.99M (395%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Friction Material BY United States WERE (2022 - 2023):
China-$5.48M (-29.4%)
Germany-$4.36M (-14%)
Italy-$1.63M (-15.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Friction Material were:
Japan $202M
Germany $184M
In 2023, United States's main importing competitors in Friction Material were:
China $92.3M
Germany $89.4M

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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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