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Pricing

2022
Exports $32.3MWorld Rnk 4 / 86
Flag Rnk 923 / 1217
2022
Destination $1.91MN/A
2021 - 2022
FASTEST GROWING MARKET $1.91MHonduras
2022
PRODUCT COMPLEXITY IN Gimp Yarn0.54Rnk 354 / 1025
2022
Imports $53.4MWorld Rnk 2 / 161
Flag Rnk 960 / 1216
2022
Origin $3.95M China
2021 - 2022
FASTEST GROWING ORIGIN $3.95MIndia
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

The fastest growing export markets for Gimp Yarn of United States between 2021 and 2022 were Honduras ($1.91M), Canada ($1.07M), and Costa Rica ($850k).

Imports In 2022, United States imported $53.4M in Gimp Yarn, becoming the 2nd largest importer of Gimp Yarn in the world. At the same year, Gimp Yarn was the 960th most imported product in United States. United States imports Gimp Yarn primarily from: China ($25.5M), Turkey ($10.3M), India ($5.72M), Canada ($3.01M), and Italy ($1.92M).

The fastest growing import markets in Gimp Yarn for United States between 2021 and 2022 were India ($3.95M), Turkey ($1.13M), and South Korea ($1.02M).

COMPANIES In 2023, leading companies such as Electrolux (17), Costco Wholesale (11), and CrimsonLogic (8) were at the forefront of shipping Gimp Yarn to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Gimp Yarn exports accounted up to $2.5M and imports accounted up to $7.09M, resulting in a negative trade balance of $4.59M. Between June 2023 and June 2024 the exports of United States'   Gimp Yarn have increased by $51k (2.08%) from $2.45M to $2.5M, while imports increased by $2.55M (56.2%) from $4.54M to $7.09M.

Destinations In June 2024, Gimp Yarn were exported mostly to Honduras ($895k), El Salvador ($790k), Mexico ($278k), Canada ($213k), and China ($81.3k), and were imported mostly from China ($4.4M), Vietnam ($892k), Turkey ($806k), India ($705k), and Brazil ($57.4k).

Growth In June 2024, the increase in Gimp Yarn's year-by-year exports was explained primarily by an increase in exports to Mexico ($89.3k or 46.5%), Italy ($50.8k or 1.96k%), and Germany ($26.8k or 289%). In June 2024, the increase in Gimp Yarn's year-by-year imports was explained primarily by an increase in imports from India ($311k or 320%), Turkey ($275k or 185%), and South Korea ($91.8k or 327%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$51k(2.08%)
IMPORT GROWTH (June 2023 - June 2024)$2.55M(56.2%)
MAIN EXPORTER (June 2024)North Carolina$2.2M
MAIN DESTINATION (June 2024)Honduras$895k

This section shows Gimp Yarn'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 Gimp Yarn over time.

For full datasets download visit Bulk Download page.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$32.3M
IMPORTS (2022)$53.4M
NET TRADE (2022)-$21.2M

In 2022, United States imported $53.4M in Gimp Yarn, mainly from China ($25.5M), Turkey ($10.3M), India ($5.72M), Canada ($3.01M), and Italy ($1.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gimp Yarn EXPORT MARKETS FOR United States WERE (2021 - 2022):
Honduras$1.91M (26.3%)
Canada$1.07M (37%)
Costa Rica$850k (141%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gimp Yarn BY United States WERE (2021 - 2022):
El Salvador-$1.85M (-19.2%)
Guatemala-$623k (-58.9%)
Uruguay-$88.5k (-36.2%)
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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 Gimp Yarn were:
China $228M
Italy $85.8M
Turkey $59.4M
In 2022, United States's main importing competitors in Gimp Yarn were:
Italy $72.4M
Bangladesh $52.7M

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Trade Value of Gimp Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $377k
TOP IMPORT POTENTIALItaly+ $1.2M

Gimp Yarn’s highest export potential is Canada. With an export gap of $377k.   Gimp Yarn’s highest import potential is Italy with an import gap of $1.2M.

See methodology.

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