2022
Exports | Imports
$4.84B | $7.91BWorld Rnk 4 / 224
Flag Rnk 75 / 1217
World Rnk 1 / 225
Flag Rnk 80 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Iron Fasteners
1.6Rnk 33 / 1025

About

Exports In 2022, United States exported $4.84B in Iron Fasteners, making it the 4th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 75th most exported product in United States. The main destination of Iron Fasteners exports from United States are: Mexico ($1.69B), Canada ($1.06B), China ($240M), Germany ($159M), and Brazil ($140M).

The fastest growing export markets for Iron Fasteners of United States between 2021 and 2022 were Canada ($290M), Mexico ($225M), and Germany ($32.6M).

Imports In 2022, United States imported $7.91B in Iron Fasteners, becoming the 1st largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 80th most imported product in United States. United States imports Iron Fasteners primarily from: Chinese Taipei ($2.56B), China ($1.75B), Japan ($597M), Germany ($546M), and Canada ($485M).

The fastest growing import markets in Iron Fasteners for United States between 2021 and 2022 were Chinese Taipei ($589M), China ($479M), and India ($103M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH LLC (48.8k), ROBERT BOSCH TOOL CORPORATION (38.1k), and TREDIT TIRE & WHEEL CO., INC. (13.6k) were at the forefront of shipping Iron Fasteners to the United States.

Latest Trends

January 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$35.4M(8.37%)
IMPORT GROWTH (January 2023 - January 2024)$-35.6M(-5.87%)
MAIN EXPORTER (January 2024)Texas$77.7M
MAIN DESTINATION (January 2024)Mexico$163M

This section shows Iron Fasteners'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 Iron Fasteners over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.84B
IMPORTS (2022)$7.91B
NET TRADE (2022)-$3.08B

In 2022, United States exported $4.84B in Iron Fasteners. The main destinations of United States exports on Iron Fasteners were Mexico ($1.69B), Canada ($1.06B), China ($240M), Germany ($159M), and Brazil ($140M).

In 2022, United States imported $7.91B in Iron Fasteners, mainly from Chinese Taipei ($2.56B), China ($1.75B), Japan ($597M), Germany ($546M), and Canada ($485M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$290M (37.6%)
Mexico$225M (15.4%)
Germany$32.6M (25.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY United States WERE (2021 - 2022):
China-$18.3M (-7.1%)
South Korea-$15.6M (-14.5%)
Russia-$9.16M (-71.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Iron Fasteners were:
In 2022, United States's main importing competitors in Iron Fasteners were:
Germany $4.86B
Mexico $2.97B

Explore Visualizations

Trade Value of Iron Fasteners by Exporters

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