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2022
Exports $28.9MWorld Rnk 2 / 85
Flag Rnk 938 / 1217
2022
Destination $6.95M Sri Lanka
2021 - 2022
FASTEST GROWING MARKET $6.95MSri Lanka
2022
Imports $8.73MWorld Rnk 7 / 169
Flag Rnk 1130 / 1216
2022
Origin $538k United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $538kAustralia
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $28.9M in Metallic Yarn, making it the 2nd largest exporter of Metallic Yarn in the world. At the same year, Metallic Yarn was the 938th most exported product in United States. The main destination of Metallic Yarn exports from United States are: Sri Lanka ($19.5M), Chinese Taipei ($3.05M), United Kingdom ($1.62M), Germany ($913k), and Italy ($818k).

The fastest growing export markets for Metallic Yarn of United States between 2021 and 2022 were Sri Lanka ($6.95M), United Kingdom ($722k), and Italy ($339k).

Imports In 2022, United States imported $8.73M in Metallic Yarn, becoming the 7th largest importer of Metallic Yarn in the world. At the same year, Metallic Yarn was the 1130th most imported product in United States. United States imports Metallic Yarn primarily from: United Kingdom ($1.97M), China ($918k), Japan ($856k), Mexico ($781k), and Belgium ($651k).

The fastest growing import markets in Metallic Yarn for United States between 2021 and 2022 were Australia ($538k), Vietnam ($226k), and Germany ($96.3k).

COMPANIES In 2023, leading companies such as Tesla (2), Amazon (1), and Michael Kors (1) were at the forefront of shipping Metallic Yarn to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Metallic Yarn exports accounted up to $2.04M and imports accounted up to $743k, resulting in a positive trade balance of $1.29M. Between June 2023 and June 2024 the exports of United States'   Metallic Yarn have increased by $713k (53.9%) from $1.32M to $2.04M, while imports decreased by $-148k (-16.6%) from $892k to $743k.

Destinations In June 2024, Metallic Yarn were exported mostly to Sri Lanka ($1.14M), Mexico ($245k), United Kingdom ($177k), China ($88.5k), and Chinese Taipei ($85.5k), and were imported mostly from Mexico ($247k), United Kingdom ($175k), Turkey ($112k), Chinese Taipei ($111k), and China ($24.9k).

Growth In June 2024, the increase in Metallic Yarn's year-by-year exports was explained primarily by an increase in exports to Sri Lanka ($204k or 24.4%) and Mexico ($90.5k or 272%). In June 2024, the decrease in Metallic Yarn's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-28.6k or -79.3%), Chinese Taipei ($-12.8k or -89.2%), and France ($-1.03k or -3.32%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$713k(53.9%)
IMPORT GROWTH (June 2023 - June 2024)$-148k(-16.6%)
MAIN EXPORTER (June 2024)Pennsylvania$2.15M
MAIN DESTINATION (June 2024)Sri Lanka$1.14M

This section shows Metallic 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 Metallic Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28.9M
IMPORTS (2022)$8.73M
NET TRADE (2022)$20.1M

In 2022, United States exported $28.9M in Metallic Yarn. The main destinations of United States exports on Metallic Yarn were Sri Lanka ($19.5M), Chinese Taipei ($3.05M), United Kingdom ($1.62M), Germany ($913k), and Italy ($818k).

In 2022, United States imported $8.73M in Metallic Yarn, mainly from United Kingdom ($1.97M), China ($918k), Japan ($856k), Mexico ($781k), and Belgium ($651k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metallic Yarn EXPORT MARKETS FOR United States WERE (2021 - 2022):
Sri Lanka$6.95M (55.4%)
United Kingdom$722k (80.8%)
Italy$339k (70.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metallic Yarn BY United States WERE (2021 - 2022):
India-$4.39M (-99.6%)
Vietnam-$432k (-78.4%)
Canada-$377k (-48.8%)
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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 Metallic Yarn were:
China $88M
Belgium $19.5M
In 2022, United States's main importing competitors in Metallic Yarn were:
Pakistan $28M
Sri Lanka $20.6M
Italy $16.4M

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Trade Value of Metallic Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $214k
TOP IMPORT POTENTIALChina+ $658k

Metallic Yarn’s highest export potential is China. With an export gap of $214k.   Metallic Yarn’s highest import potential is China with an import gap of $658k.

See methodology.

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