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2023
Exports $4.9BWorld Rnk 3 / 224
Flag Rnk 40 / 96
2023
Destination $48.1M Canada
2022 - 2023
FASTEST GROWING MARKET $48.1MCanada
2023
PRODUCT COMPLEXITY IN Miscellaneous metal products1.03Rnk 166 / 1025
2023
Imports $15BWorld Rnk 1 / 225
Flag Rnk 30 / 96
2023
Origin $144M China
2022 - 2023
FASTEST GROWING ORIGIN $144MMexico
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $4.9B in Miscellaneous metal products, making it the 3rd largest exporter of Miscellaneous metal products in the world. At the same year, Miscellaneous metal products was the 40th most exported product in United States. The main destination of Miscellaneous metal products exports from United States are: Canada ($1.46B), Mexico ($1.35B), France ($199M), United Kingdom ($186M), and China ($174M).

The fastest growing export markets for Miscellaneous metal products of United States between 2022 and 2023 were Canada ($48.1M), France ($31.5M), and United Kingdom ($25.8M).

Imports In 2023, United States imported $15B in Miscellaneous metal products, becoming the 1st largest importer of Miscellaneous metal products in the world. At the same year, Miscellaneous metal products was the 30th most imported product in United States. United States imports Miscellaneous metal products primarily from: China ($5.04B), Mexico ($2.85B), Canada ($1.59B), Chinese Taipei ($1.11B), and South Korea ($623M).

The fastest growing import markets in Miscellaneous metal products for United States between 2022 and 2023 were Mexico ($144M), Canada ($81.4M), and Japan ($34.1M).

COMPANIES In 2023, leading companies such as CrimsonLogic (1.64k), IKEA Group (1.29k), and Brose Mechatronic Systems (766) were at the forefront of shipping Miscellaneous metal products to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Miscellaneous metal products exports accounted up to $479M and imports accounted up to $1.25B, resulting in a negative trade balance of $766M. Between November 2023 and November 2024 the exports of United States'   Miscellaneous metal products have increased by $12.8M (2.74%) from $466M to $479M, while imports increased by $78.6M (6.74%) from $1.17B to $1.25B.

Destinations In November 2024, Miscellaneous metal products were exported mostly to Mexico ($150M), Canada ($137M), China ($21.1M), United Kingdom ($14.7M), and France ($14.6M), and were imported mostly from China ($405M), Mexico ($234M), Canada ($120M), Chinese Taipei ($89.1M), and South Korea ($53.9M).

Growth In November 2024, the increase in Miscellaneous metal products's year-by-year exports was explained primarily by an increase in exports to Canada ($50.5M or 38.3%), Mexico ($7.07M or 4.95%), and United Arab Emirates ($2.29M or 73.1%). In November 2024, the increase in Miscellaneous metal products's year-by-year imports was explained primarily by an increase in imports from Mexico ($34.3M or 18%), Canada ($16.5M or 14.9%), and Vietnam ($13.3M or 50.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$12.8M(2.74%)
IMPORT GROWTH (November 2023 - November 2024)$78.6M(6.74%)
MAIN EXPORTER (November 2024)California$80.8M
MAIN DESTINATION (November 2024)Mexico$150M

This section shows Miscellaneous metal products'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 Miscellaneous metal products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.9B
IMPORTS (2023)$15B
NET TRADE (2023)-$10B

In 2023, United States exported $4.9B in Miscellaneous metal products. The main destinations of United States exports on Miscellaneous metal products were Canada ($1.46B), Mexico ($1.35B), France ($199M), United Kingdom ($186M), and China ($174M).

In 2023, United States imported $15B in Miscellaneous metal products, mainly from China ($5.04B), Mexico ($2.85B), Canada ($1.59B), Chinese Taipei ($1.11B), and South Korea ($623M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Miscellaneous metal products EXPORT MARKETS FOR United States WERE (2022 - 2023):
Canada$48.1M (3.41%)
France$31.5M (18.8%)
United Kingdom$25.8M (16.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Miscellaneous metal products BY United States WERE (2022 - 2023):
Singapore-$19.2M (-23.6%)
China-$10.3M (-5.59%)
Dominican Republic-$8.37M (-21.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Miscellaneous metal products were:
China $25.7B
Germany $8.24B
In 2023, United States's main importing competitors in Miscellaneous metal products were:
Germany $5.53B
France $3.79B

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Trade Value of Miscellaneous metal products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $74.9M
TOP IMPORT POTENTIALCanada+ $340M

Miscellaneous metal products’s highest export potential is Germany. With an export gap of $74.9M.   Miscellaneous metal products’s highest import potential is Canada with an import gap of $340M.

See methodology.

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