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2022
Exports $259MWorld Rnk 4 / 172
Flag Rnk 536 / 1217
2022
Destination $6.61M Mexico
2021 - 2022
FASTEST GROWING MARKET $6.61MMexico
2022
PRODUCT COMPLEXITY IN Narrow Woven Fabric-0.052Rnk 562 / 1025
2022
Imports $441MWorld Rnk 1 / 218
Flag Rnk 573 / 1216
2022
Origin $14.3M Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $14.3MChinese Taipei
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $259M in Narrow Woven Fabric, making it the 4th largest exporter of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 536th most exported product in United States. The main destination of Narrow Woven Fabric exports from United States are: Mexico ($150M), Canada ($30.5M), Dominican Republic ($9.2M), Honduras ($5.62M), and Germany ($5.18M).

The fastest growing export markets for Narrow Woven Fabric of United States between 2021 and 2022 were Mexico ($6.61M), Canada ($3.79M), and Dominican Republic ($3.05M).

Imports In 2022, United States imported $441M in Narrow Woven Fabric, becoming the 1st largest importer of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 573rd most imported product in United States. United States imports Narrow Woven Fabric primarily from: Chinese Taipei ($140M), China ($95.1M), Mexico ($39.3M), Vietnam ($36.5M), and South Korea ($28.2M).

The fastest growing import markets in Narrow Woven Fabric for United States between 2021 and 2022 were Chinese Taipei ($14.3M), Vietnam ($13.4M), and Mexico ($5.25M).

COMPANIES In 2023, leading companies such as Jo-Ann Stores (11), Teknor Apex (6), and CrimsonLogic (2) were at the forefront of shipping Narrow Woven Fabric to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Narrow Woven Fabric exports accounted up to $22.6M and imports accounted up to $30.3M, resulting in a negative trade balance of $7.73M. Between June 2023 and June 2024 the exports of United States'   Narrow Woven Fabric have increased by $271k (1.21%) from $22.3M to $22.6M, while imports increased by $2.4M (8.6%) from $27.9M to $30.3M.

Destinations In June 2024, Narrow Woven Fabric were exported mostly to Mexico ($14.3M), Canada ($2.85M), Dominican Republic ($535k), Honduras ($480k), and Germany ($451k), and were imported mostly from Chinese Taipei ($11.6M), China ($4.75M), South Korea ($2.37M), Vietnam ($2.37M), and India ($2.07M).

Growth In June 2024, the increase in Narrow Woven Fabric's year-by-year exports was explained primarily by an increase in exports to Dominican Republic ($12.1M or 2.68k%), Mexico ($1.23M or 9.93%), and Canada ($694k or 32.7%). In June 2024, the increase in Narrow Woven Fabric's year-by-year imports was explained primarily by an increase in imports from Vietnam ($561k or 41.2%), France ($401k or 69%), and Mexico ($336k or 67.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$271k(1.21%)
IMPORT GROWTH (June 2023 - June 2024)$2.4M(8.6%)
MAIN EXPORTER (June 2024)Texas$7.74M
MAIN DESTINATION (June 2024)Mexico$14.3M

This section shows Narrow Woven Fabric'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 Narrow Woven Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$259M
IMPORTS (2022)$441M
NET TRADE (2022)-$182M

In 2022, United States exported $259M in Narrow Woven Fabric. The main destinations of United States exports on Narrow Woven Fabric were Mexico ($150M), Canada ($30.5M), Dominican Republic ($9.2M), Honduras ($5.62M), and Germany ($5.18M).

In 2022, United States imported $441M in Narrow Woven Fabric, mainly from Chinese Taipei ($140M), China ($95.1M), Mexico ($39.3M), Vietnam ($36.5M), and South Korea ($28.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Narrow Woven Fabric EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$6.61M (4.61%)
Canada$3.79M (14.2%)
Dominican Republic$3.05M (49.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Narrow Woven Fabric BY United States WERE (2021 - 2022):
Honduras-$5.26M (-48.3%)
United Kingdom-$793k (-19.5%)
Costa Rica-$659k (-31.2%)
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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 Narrow Woven Fabric were:
China $1.89B
Chinese Taipei $319M
Germany $300M
In 2022, United States's main importing competitors in Narrow Woven Fabric were:
Vietnam $334M
Mexico $279M

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Trade Value of Narrow Woven Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.91M
TOP IMPORT POTENTIALChina+ $23.8M

Narrow Woven Fabric’s highest export potential is China. With an export gap of $2.91M.   Narrow Woven Fabric’s highest import potential is China with an import gap of $23.8M.

See methodology.

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