2023
Exports
$541MWorld Rnk 3 / 155
Flag Rnk 344 / 1217
2023
PRODUCT COMPLEXITY IN Monofilament
0.4Rnk 413 / 1025
2023
Imports
$760MWorld Rnk 1 / 217
Flag Rnk 436 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $541M in Monofilament, making it the 3rd largest exporter of Monofilament in the world. At the same year, Monofilament was the 344th most exported product in United States. The main destination of Monofilament exports from United States are: Canada ($233M), Mexico ($73.6M), Ireland ($53.7M), Germany ($22.7M), and Japan ($17M).

The fastest growing export markets for Monofilament of United States between 2022 and 2023 were Ireland ($11.1M), Mexico ($7.35M), and Japan ($3.25M).

Imports In 2023, United States imported $760M in Monofilament, becoming the 1st largest importer of Monofilament in the world. At the same year, Monofilament was the 436th most imported product in United States. United States imports Monofilament primarily from: Canada ($510M), China ($64.8M), Germany ($36.5M), Mexico ($27.7M), and United Kingdom ($13.4M).

The fastest growing import markets in Monofilament for United States between 2022 and 2023 were Turkey ($6.74M), Vietnam ($4.12M), and France ($1.31M).

COMPANIES In 2023, leading companies such as Stihl (24), Porven (13), and Amazon (8) were at the forefront of shipping Monofilament to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-1.05M(-2.65%)
IMPORT GROWTH (November 2023 - November 2024)$3.46M(5.96%)
MAIN EXPORTER (November 2024)Indiana$7.96M
MAIN DESTINATION (November 2024)Canada$16.5M

This section shows Monofilament'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 Monofilament over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$541M
IMPORTS (2023)$760M
NET TRADE (2023)-$219M

In 2023, United States exported $541M in Monofilament. The main destinations of United States exports on Monofilament were Canada ($233M), Mexico ($73.6M), Ireland ($53.7M), Germany ($22.7M), and Japan ($17M).

In 2023, United States imported $760M in Monofilament, mainly from Canada ($510M), China ($64.8M), Germany ($36.5M), Mexico ($27.7M), and United Kingdom ($13.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Monofilament EXPORT MARKETS FOR United States WERE (2022 - 2023):
Ireland$11.1M (26%)
Mexico$7.35M (11.1%)
Japan$3.25M (23.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Monofilament BY United States WERE (2022 - 2023):
Canada-$27.1M (-10.4%)
Australia-$4.49M (-36.1%)
United Kingdom-$3.28M (-17%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Monofilament were:
Germany $2.14B
China $833M
In 2023, United States's main importing competitors in Monofilament were:

Explore Visualizations

Trade Value of Monofilament by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $7.98M
TOP IMPORT POTENTIALGermany+ $30.3M

Monofilament’s highest export potential is Germany. With an export gap of $7.98M.   Monofilament’s highest import potential is Germany with an import gap of $30.3M.

See methodology.

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