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2022
Exports $309MWorld Rnk 2 / 118
Flag Rnk 494 / 1217
2022
Destination $63.9M China
2021 - 2022
FASTEST GROWING MARKET $63.9MChina
2022
PRODUCT COMPLEXITY IN Glass Balls0.88Rnk 218 / 1025
2022
Imports $157MWorld Rnk 3 / 185
Flag Rnk 796 / 1216
2022
Origin $2.08M Germany
2021 - 2022
FASTEST GROWING ORIGIN $2.08MJapan
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $309M in Glass Balls, making it the 2nd largest exporter of Glass Balls in the world. At the same year, Glass Balls was the 494th most exported product in United States. The main destination of Glass Balls exports from United States are: China ($81.3M), Mexico ($62.5M), Japan ($25.6M), South Korea ($20.3M), and Germany ($16.7M).

The fastest growing export markets for Glass Balls of United States between 2021 and 2022 were China ($63.9M), Hong Kong ($11M), and Mexico ($8.79M).

Imports In 2022, United States imported $157M in Glass Balls, becoming the 3rd largest importer of Glass Balls in the world. At the same year, Glass Balls was the 796th most imported product in United States. United States imports Glass Balls primarily from: Germany ($64M), Japan ($48M), China ($15.2M), France ($8.83M), and Netherlands ($5.31M).

The fastest growing import markets in Glass Balls for United States between 2021 and 2022 were Japan ($2.08M), China ($1.73M), and Germany ($1.51M).

COMPANIES In 2023, leading companies such as Soho Studio (61), Goya Foods (42), and Home Depot (16) were at the forefront of shipping Glass Balls to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Glass Balls exports accounted up to $26.3M and imports accounted up to $15.7M, resulting in a positive trade balance of $10.6M. Between June 2023 and June 2024 the exports of United States'   Glass Balls have decreased by $-1.43M (-5.14%) from $27.7M to $26.3M, while imports decreased by $-6.59M (-29.6%) from $22.3M to $15.7M.

Destinations In June 2024, Glass Balls were exported mostly to Mexico ($5.34M), China ($4.75M), Poland ($3.7M), Netherlands ($2.6M), and South Korea ($1.53M), and were imported mostly from Germany ($10.6M), France ($2.3M), China ($1.14M), Netherlands ($627k), and United Kingdom ($252k).

Growth In June 2024, the decrease in Glass Balls's year-by-year exports was explained primarily by a decrease in exports to Italy ($-273k or -84.4%), India ($-221k or -28%), and Indonesia ($-94.1k or -88.2%). In June 2024, the decrease in Glass Balls's year-by-year imports was explained primarily by a decrease in imports from France ($-402k or -25.6%), China ($-197k or -13.8%), and United Kingdom ($-191k or -53.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-1.43M(-5.14%)
IMPORT GROWTH (June 2023 - June 2024)$-6.59M(-29.6%)
MAIN EXPORTER (June 2024)Georgia$8.95M
MAIN DESTINATION (June 2024)Mexico$5.34M

This section shows Glass Balls'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 Glass Balls over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$309M
IMPORTS (2022)$157M
NET TRADE (2022)$152M

In 2022, United States exported $309M in Glass Balls. The main destinations of United States exports on Glass Balls were China ($81.3M), Mexico ($62.5M), Japan ($25.6M), South Korea ($20.3M), and Germany ($16.7M).

In 2022, United States imported $157M in Glass Balls, mainly from Germany ($64M), Japan ($48M), China ($15.2M), France ($8.83M), and Netherlands ($5.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Balls EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$63.9M (368%)
Hong Kong$11M (9.77k%)
Mexico$8.79M (16.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Balls BY United States WERE (2021 - 2022):
India-$6.15M (-46.8%)
Peru-$2.35M (-75.6%)
Netherlands-$1.68M (-17.6%)
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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 Glass Balls were:
Germany $422M
China $290M
In 2022, United States's main importing competitors in Glass Balls were:
China $258M
India $178M

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Trade Value of Glass Balls by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $4.33M
TOP IMPORT POTENTIALChina+ $6.83M

Glass Balls’s highest export potential is India. With an export gap of $4.33M.   Glass Balls’s highest import potential is China with an import gap of $6.83M.

See methodology.

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