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2022
Exports | Imports $5.56B | $8.99BWorld Rnk 3 / 222
Flag Rnk 62 / 1217
World Rnk 1 / 225
Flag Rnk 69 / 1216
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $382M | $387MMexico |  China
2022
ECONOMIC COMPLEXITY of United States1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Other Iron Products0.88Rnk 210 / 1025

About

Exports In 2022, United States exported $5.56B in Other Iron Products, making it the 3rd largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 62nd most exported product in United States. The main destination of Other Iron Products exports from United States are: Mexico ($2.7B), Canada ($891M), Germany ($181M), China ($164M), and Japan ($127M).

The fastest growing export markets for Other Iron Products of United States between 2021 and 2022 were Mexico ($382M), Canada ($77.1M), and Japan ($35.4M).

Imports In 2022, United States imported $8.99B in Other Iron Products, becoming the 1st largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 69th most imported product in United States. United States imports Other Iron Products primarily from: China ($2.89B), Mexico ($1.73B), Canada ($1.07B), India ($458M), and Germany ($428M).

The fastest growing import markets in Other Iron Products for United States between 2021 and 2022 were China ($387M), Mexico ($376M), and Canada ($215M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (41.1k), COSENTINO NORTH AMERICA INC. (18.2k), and ROBERT BOSCH TOOL CORPORATION (17.1k) were at the forefront of shipping Other Iron Products to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Other Iron Products exports accounted up to $559M and imports accounted up to $582M, resulting in a negative trade balance of $22.6M. Between January 2023 and January 2024 the exports of United States'   Other Iron Products have increased by $96.6M (20.9%) from $463M to $559M, while imports decreased by $-25.6M (-4.21%) from $607M to $582M.

Destinations In January 2024, Other Iron Products were exported mostly to Mexico ($310M), Canada ($80.7M), France ($26.4M), Japan ($14M), and Germany ($12.5M), and were imported mostly from China ($165M), Mexico ($135M), Canada ($87.3M), Germany ($22.8M), and India ($18.6M).

Growth In January 2024, the increase in Other Iron Products's year-by-year exports was explained primarily by an increase in exports to Mexico ($9.24M or 4.05%), Canada ($5.46M or 6.82%), and Germany ($4.78M or 47.3%). In January 2024, the decrease in Other Iron Products's year-by-year imports was explained primarily by a decrease in imports from China ($-30.5M or -16%), Taiwan ($-3.83M or -15.6%), and Malaysia ($-3.05M or -40.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$96.6M(20.9%)
IMPORT GROWTH (January 2023 - January 2024)$-25.6M(-4.21%)
MAIN EXPORTER (January 2024)Texas$189M
MAIN DESTINATION (January 2024)Mexico$310M

This section shows Other Iron 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 Other Iron Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.56B
IMPORTS (2022)$8.99B
NET TRADE (2022)-$3.43B

In 2022, United States exported $5.56B in Other Iron Products. The main destinations of United States exports on Other Iron Products were Mexico ($2.7B), Canada ($891M), Germany ($181M), China ($164M), and Japan ($127M).

In 2022, United States imported $8.99B in Other Iron Products, mainly from China ($2.89B), Mexico ($1.73B), Canada ($1.07B), India ($458M), and Germany ($428M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Products EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$382M (16.4%)
Canada$77.1M (9.47%)
Japan$35.4M (38.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Products BY United States WERE (2021 - 2022):
Thailand-$48.8M (-72.3%)
Guyana-$23.4M (-85.7%)
Russia-$20.8M (-92.1%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Other Iron Products were:
China $18.4B
Germany $6.21B
In 2022, United States's main importing competitors in Other Iron Products were:
Germany $7.58B
Mexico $3.93B

Explore Visualizations

Trade Value of Other Iron Products by Exporters

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