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2023
Exports $670MWorld Rnk 5 / 219
Flag Rnk 305 / 1217
2023
Destination $20.5M Mexico
2022 - 2023
FASTEST GROWING MARKET $20.5MEcuador
2023
PRODUCT COMPLEXITY IN Other Cloth Articles-1.38Rnk 920 / 1025
2023
Imports $5.45BWorld Rnk 1 / 225
Flag Rnk 103 / 1215
2023
Origin $10.2M China
2022 - 2023
FASTEST GROWING ORIGIN $10.2MDominican Republic
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $670M in Other Cloth Articles, making it the 5th largest exporter of Other Cloth Articles in the world. At the same year, Other Cloth Articles was the 305th most exported product in United States. The main destination of Other Cloth Articles exports from United States are: Mexico ($207M), Canada ($102M), Germany ($27.3M), Australia ($23.3M), and Ecuador ($21.5M).

The fastest growing export markets for Other Cloth Articles of United States between 2022 and 2023 were Ecuador ($20.5M), United Kingdom ($6.85M), and Netherlands ($4.34M).

Imports In 2023, United States imported $5.45B in Other Cloth Articles, becoming the 1st largest importer of Other Cloth Articles in the world. At the same year, Other Cloth Articles was the 103rd most imported product in United States. United States imports Other Cloth Articles primarily from: China ($3.56B), Mexico ($633M), Pakistan ($257M), Vietnam ($201M), and India ($142M).

The fastest growing import markets in Other Cloth Articles for United States between 2022 and 2023 were Dominican Republic ($10.2M), Mexico ($3.8M), and Netherlands ($2.87M).

COMPANIES In 2023, leading companies such as IKEA Group (590), You Hao Trading (263), and Itourscm (182) were at the forefront of shipping Other Cloth Articles to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Other Cloth Articles exports accounted up to $73.3M and imports accounted up to $479M, resulting in a negative trade balance of $406M. Between November 2023 and November 2024 the exports of United States'   Other Cloth Articles have increased by $868k (1.2%) from $72.4M to $73.3M, while imports increased by $57.1M (13.5%) from $422M to $479M.

Destinations In November 2024, Other Cloth Articles were exported mostly to Mexico ($28.5M), Canada ($16.1M), Germany ($3.82M), Belize ($2.09M), and Japan ($1.9M), and were imported mostly from China ($302M), Mexico ($60.2M), Pakistan ($23.1M), Vietnam ($22.5M), and India ($15.6M).

Growth In November 2024, the increase in Other Cloth Articles's year-by-year exports was explained primarily by an increase in exports to Dominican Republic ($544k or 55.1%), Costa Rica ($492k or 172%), and Panama ($374k or 242%). In November 2024, the increase in Other Cloth Articles's year-by-year imports was explained primarily by an increase in imports from Pakistan ($2.25M or 9.19%), Mexico ($2.12M or 4.77%), and Thailand ($1.16M or 25.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$868k(1.2%)
IMPORT GROWTH (November 2023 - November 2024)$57.1M(13.5%)
MAIN EXPORTER (November 2024)Texas$21.4M
MAIN DESTINATION (November 2024)Mexico$28.5M

This section shows Other Cloth Articles'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 Other Cloth Articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$670M
IMPORTS (2023)$5.45B
NET TRADE (2023)-$4.78B

In 2023, United States exported $670M in Other Cloth Articles. The main destinations of United States exports on Other Cloth Articles were Mexico ($207M), Canada ($102M), Germany ($27.3M), Australia ($23.3M), and Ecuador ($21.5M).

In 2023, United States imported $5.45B in Other Cloth Articles, mainly from China ($3.56B), Mexico ($633M), Pakistan ($257M), Vietnam ($201M), and India ($142M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Cloth Articles EXPORT MARKETS FOR United States WERE (2022 - 2023):
Ecuador$20.5M (2k%)
United Kingdom$6.85M (48.3%)
Netherlands$4.34M (29.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cloth Articles BY United States WERE (2022 - 2023):
Canada-$109M (-51.7%)
Mexico-$106M (-33.8%)
Australia-$16.4M (-41.2%)
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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 Other Cloth Articles were:
China $9.79B
Germany $942M
Mexico $728M
In 2023, United States's main importing competitors in Other Cloth Articles were:
Japan $1.55B
Germany $1.4B

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Trade Value of Other Cloth Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $15.9M
TOP IMPORT POTENTIALMexico+ $76.7M

Other Cloth Articles’s highest export potential is Germany. With an export gap of $15.9M.   Other Cloth Articles’s highest import potential is Mexico with an import gap of $76.7M.

See methodology.

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