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Pricing

2023
Exports $16BWorld Rnk 3 / 223
Flag Rnk 18 / 96
2023
Destination $128M Canada
2022 - 2023
FASTEST GROWING MARKET $128MEcuador
2023
PRODUCT COMPLEXITY IN Paper articles1.42Rnk 60 / 1025
2023
Imports $20.8BWorld Rnk 1 / 226
Flag Rnk 23 / 96
2023
Origin $45.9M Canada
2022 - 2023
FASTEST GROWING ORIGIN $45.9MVietnam
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $16B in Paper articles, making it the 3rd largest exporter of Paper articles in the world. At the same year, Paper articles was the 18th most exported product in United States. The main destination of Paper articles exports from United States are: Canada ($5.87B), Mexico ($4.23B), China ($694M), Japan ($426M), and Costa Rica ($290M).

The fastest growing export markets for Paper articles of United States between 2022 and 2023 were Ecuador ($128M), China ($16.1M), and Lithuania ($5.71M).

Imports In 2023, United States imported $20.8B in Paper articles, becoming the 1st largest importer of Paper articles in the world. At the same year, Paper articles was the 23rd most imported product in United States. United States imports Paper articles primarily from: Canada ($7.63B), China ($3.17B), Mexico ($1.9B), Finland ($982M), and Germany ($962M).

The fastest growing import markets in Paper articles for United States between 2022 and 2023 were Vietnam ($45.9M), Honduras ($30.7M), and Thailand ($10.9M).

COMPANIES In 2023, leading companies such as IKEA Group (13.2k), UPM-Kymmene (6.51k), and CrimsonLogic (1.93k) were at the forefront of shipping Paper articles to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Paper articles exports accounted up to $1.24B and imports accounted up to $1.65B, resulting in a negative trade balance of $413M. Between November 2023 and November 2024 the exports of United States'   Paper articles have increased by $40M (3.34%) from $1.2B to $1.24B, while imports increased by $212M (14.7%) from $1.44B to $1.65B.

Destinations In November 2024, Paper articles were exported mostly to Canada ($491M), Mexico ($337M), Chile ($44.2M), China ($39.2M), and Japan ($23.1M), and were imported mostly from Canada ($539M), China ($216M), Mexico ($147M), Finland ($101M), and Germany ($83.5M).

Growth In November 2024, the increase in Paper articles's year-by-year exports was explained primarily by an increase in exports to Canada ($35.4M or 7.93%), Mexico ($12M or 3.23%), and China ($6.24M or 15.4%). In November 2024, the increase in Paper articles's year-by-year imports was explained primarily by an increase in imports from Canada ($68.7M or 12.9%), Finland ($34.7M or 54.7%), and South Korea ($21.6M or 46.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$40M(3.34%)
IMPORT GROWTH (November 2023 - November 2024)$212M(14.7%)
MAIN EXPORTER (November 2024)Georgia$181M
MAIN DESTINATION (November 2024)Canada$491M

This section shows Paper 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 Paper articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$16B
IMPORTS (2023)$20.8B
NET TRADE (2023)-$4.78B

In 2023, United States exported $16B in Paper articles. The main destinations of United States exports on Paper articles were Canada ($5.87B), Mexico ($4.23B), China ($694M), Japan ($426M), and Costa Rica ($290M).

In 2023, United States imported $20.8B in Paper articles, mainly from Canada ($7.63B), China ($3.17B), Mexico ($1.9B), Finland ($982M), and Germany ($962M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Paper articles EXPORT MARKETS FOR United States WERE (2022 - 2023):
Ecuador$128M (355%)
China$16.1M (2.37%)
Lithuania$5.71M (239%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paper articles BY United States WERE (2022 - 2023):
Mexico-$283M (-6.28%)
Canada-$216M (-3.55%)
Chile-$138M (-62%)
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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 Paper articles were:
China $29.4B
Germany $22.7B
In 2023, United States's main importing competitors in Paper articles were:
Germany $14.1B
France $10.8B

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Trade Value of Paper articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $160M
TOP IMPORT POTENTIALGermany+ $330M

Paper articles’s highest export potential is Germany. With an export gap of $160M.   Paper articles’s highest import potential is Germany with an import gap of $330M.

See methodology.

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