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2022
Exports $2.92BWorld Rnk 3 / 220
Flag Rnk 116 / 1217
2022
Destination $159M Mexico
2021 - 2022
FASTEST GROWING MARKET $159MMexico
2022
PRODUCT COMPLEXITY IN Metal Mountings0.85Rnk 226 / 1025
2022
Imports $7.91BWorld Rnk 1 / 223
Flag Rnk 81 / 1216
2022
Origin $167M China
2021 - 2022
FASTEST GROWING ORIGIN $167MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $2.92B in Metal Mountings, making it the 3rd largest exporter of Metal Mountings in the world. At the same year, Metal Mountings was the 116th most exported product in United States. The main destination of Metal Mountings exports from United States are: Mexico ($1.04B), Canada ($810M), China ($152M), United Kingdom ($108M), and France ($64.8M).

The fastest growing export markets for Metal Mountings of United States between 2021 and 2022 were Mexico ($159M), Canada ($118M), and China ($23.4M).

Imports In 2022, United States imported $7.91B in Metal Mountings, becoming the 1st largest importer of Metal Mountings in the world. At the same year, Metal Mountings was the 81st most imported product in United States. United States imports Metal Mountings primarily from: China ($3.14B), Canada ($1.06B), Mexico ($948M), Chinese Taipei ($565M), and Germany ($381M).

The fastest growing import markets in Metal Mountings for United States between 2021 and 2022 were Canada ($167M), Mexico ($159M), and Chinese Taipei ($62M).

COMPANIES In 2023, leading companies such as CrimsonLogic (1.32k), IKEA Group (1.01k), and Brose Mechatronic Systems (569) were at the forefront of shipping Metal Mountings to the United States.

Latest Trends

October 2024

About

Overview In October 2024 United States' Metal Mountings exports accounted up to $306M and imports accounted up to $754M, resulting in a negative trade balance of $448M. Between October 2023 and October 2024 the exports of United States'   Metal Mountings have increased by $14.5M (4.97%) from $291M to $306M, while imports increased by $2.66M (0.35%) from $751M to $754M.

Destinations In October 2024, Metal Mountings were exported mostly to Mexico ($108M), Canada ($75.6M), China ($13.2M), United Kingdom ($12M), and France ($9.82M), and were imported mostly from China ($240M), Mexico ($107M), Canada ($78.5M), Chinese Taipei ($63.6M), and Japan ($40.7M).

Growth In October 2024, the increase in Metal Mountings's year-by-year exports was explained primarily by an increase in exports to Canada ($44.2M or 66.1%), Mexico ($2.5M or 2.84%), and Thailand ($1.98M or 150%). In October 2024, the increase in Metal Mountings's year-by-year imports was explained primarily by an increase in imports from Mexico ($14.1M or 19.5%), Vietnam ($7.97M or 42.2%), and Canada ($7.82M or 10.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$14.5M(4.97%)
IMPORT GROWTH (October 2023 - October 2024)$2.66M(0.35%)
MAIN EXPORTER (October 2024)California$62.4M
MAIN DESTINATION (October 2024)Mexico$108M

This section shows Metal Mountings'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 Metal Mountings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.92B
IMPORTS (2022)$7.91B
NET TRADE (2022)-$4.98B

In 2022, United States exported $2.92B in Metal Mountings. The main destinations of United States exports on Metal Mountings were Mexico ($1.04B), Canada ($810M), China ($152M), United Kingdom ($108M), and France ($64.8M).

In 2022, United States imported $7.91B in Metal Mountings, mainly from China ($3.14B), Canada ($1.06B), Mexico ($948M), Chinese Taipei ($565M), and Germany ($381M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Mountings EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$159M (18.1%)
Canada$118M (17.1%)
China$23.4M (18.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Mountings BY United States WERE (2021 - 2022):
France-$12.1M (-15.8%)
Japan-$8.76M (-14.3%)
Russia-$8.74M (-86.6%)
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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 Metal Mountings were:
China $16.1B
Germany $5.34B
In 2022, United States's main importing competitors in Metal Mountings were:
Germany $2.98B
Mexico $1.73B

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Trade Value of Metal Mountings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $43.4M
TOP IMPORT POTENTIALCanada+ $228M

Metal Mountings’s highest export potential is China. With an export gap of $43.4M.   Metal Mountings’s highest import potential is Canada with an import gap of $228M.

See methodology.

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