Particle Board in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $268M in Particle Board, making it the 16th largest exporter of Particle Board in the world. At the same year, Particle Board was the 527th most exported product in United States. The main destination of Particle Board exports from United States are: Canada ($185M), Mexico ($75.8M), Vietnam ($1.25M), Honduras ($620k), and Israel ($557k).

The fastest growing export markets for Particle Board of United States between 2021 and 2022 were Mexico ($26.5M), Canada ($18.7M), and United Kingdom ($272k).

Imports In 2022, United States imported $3.62B in Particle Board, becoming the 1st largest importer of Particle Board in the world. At the same year, Particle Board was the 157th most imported product in United States. United States imports Particle Board primarily from: Canada ($3.3B), Latvia ($111M), Romania ($34.1M), Italy ($28.2M), and Russia ($21.2M).

The fastest growing import markets in Particle Board for United States between 2021 and 2022 were Latvia ($9.83M), Mexico ($6.3M), and Ireland ($6.21M).

COMPANIES In 2023, leading companies such as Asus Computer (218), Panasonic (95), and IKEA Group (91) were at the forefront of shipping Particle Board to the United States.

Latest Trends

March 2024

About

Overview In March 2024 United States' Particle Board exports accounted up to $20.9M and imports accounted up to $224M, resulting in a negative trade balance of $203M. Between March 2023 and March 2024 the exports of United States' Particle Board have decreased by $-4.89M (-19%) from $25.8M to $20.9M, while imports increased by $63.1M (39.1%) from $161M to $224M.

Destinations In March 2024, Particle Board were exported mostly to Canada ($15.7M), Mexico ($4.85M), United Arab Emirates ($76.3k), Bahamas ($73.5k), and Italy ($58.3k), and were imported mostly from Canada ($207M), Latvia ($9.48M), Romania ($2.1M), Mexico ($901k), and Italy ($696k).

Growth In March 2024, the decrease in Particle Board's year-by-year exports was explained primarily by a decrease in exports to Canada ($-977k or -6.63%), Guatemala ($-17.3k or -87.2%), and Dominican Republic ($-14.5k or -67.9%). In March 2024, the increase in Particle Board's year-by-year imports was explained primarily by an increase in imports from Mexico ($1.41M or 148%), Portugal ($149k or 286%), and Thailand ($107k or 273%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-4.89M(-19%)

IMPORT GROWTH (March 2023 - March 2024)$63.1M(39.1%)

MAIN EXPORTER (March 2024)Michigan$3.93M

MAIN DESTINATION (March 2024)Canada$15.7M

This section shows Particle Board'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 Particle Board over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$268M

IMPORTS (2022)$3.62B

NET TRADE (2022)-$3.35B

In 2022, United States exported $268M in Particle Board. The main destinations of United States exports on Particle Board were Canada ($185M), Mexico ($75.8M), Vietnam ($1.25M), Honduras ($620k), and Israel ($557k).

In 2022, United States imported $3.62B in Particle Board, mainly from Canada ($3.3B), Latvia ($111M), Romania ($34.1M), Italy ($28.2M), and Russia ($21.2M).

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