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Pricing

2022
Exports $37.8MWorld Rnk 10 / 175
Flag Rnk 903 / 1217
2022
Destination $1.45M Canada
2021 - 2022
FASTEST GROWING MARKET $1.45MPhilippines
2022
PRODUCT COMPLEXITY IN Pencils and Crayons-0.17Rnk 604 / 1025
2022
Imports $377MWorld Rnk 1 / 214
Flag Rnk 623 / 1216
2022
Origin $18.6M China
2021 - 2022
FASTEST GROWING ORIGIN $18.6MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $37.8M in Pencils and Crayons, making it the 10th largest exporter of Pencils and Crayons in the world. At the same year, Pencils and Crayons was the 903rd most exported product in United States. The main destination of Pencils and Crayons exports from United States are: Canada ($12.7M), Mexico ($3.48M), South Korea ($2.43M), Philippines ($2.27M), and China ($1.67M).

The fastest growing export markets for Pencils and Crayons of United States between 2021 and 2022 were Philippines ($1.45M), South Korea ($1.28M), and Mexico ($726k).

Imports In 2022, United States imported $377M in Pencils and Crayons, becoming the 1st largest importer of Pencils and Crayons in the world. At the same year, Pencils and Crayons was the 623rd most imported product in United States. United States imports Pencils and Crayons primarily from: China ($135M), Brazil ($57M), Mexico ($44.6M), Vietnam ($24.6M), and Indonesia ($21.8M).

The fastest growing import markets in Pencils and Crayons for United States between 2021 and 2022 were China ($18.6M), Philippines ($12.8M), and Mexico ($6.72M).

COMPANIES In 2023, leading companies such as L'Oreal (151), Stanley Black & Decker (52), and CrimsonLogic (14) were at the forefront of shipping Pencils and Crayons to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Pencils and Crayons exports accounted up to $3.82M and imports accounted up to $23.1M, resulting in a negative trade balance of $19.2M. Between August 2023 and August 2024 the exports of United States'   Pencils and Crayons have decreased by $-3.35M (-46.8%) from $7.17M to $3.82M, while imports increased by $2.09M (9.97%) from $21M to $23.1M.

Destinations In August 2024, Pencils and Crayons were exported mostly to Canada ($1.42M), Mexico ($542k), Vietnam ($264k), Costa Rica ($213k), and Philippines ($210k), and were imported mostly from China ($5.9M), Brazil ($5.44M), Mexico ($2.73M), Vietnam ($1.82M), and Philippines ($1.38M).

Growth In August 2024, the decrease in Pencils and Crayons's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-105k or -71%), China ($-96.2k or -80.3%), and France ($-66.9k or -37.6%). In August 2024, the increase in Pencils and Crayons's year-by-year imports was explained primarily by an increase in imports from Brazil ($674k or 30.2%), Vietnam ($436k or 25.8%), and Philippines ($349k or 66.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-3.35M(-46.8%)
IMPORT GROWTH (August 2023 - August 2024)$2.09M(9.97%)
MAIN EXPORTER (August 2024)Tennessee$5.18M
MAIN DESTINATION (August 2024)Canada$1.42M

This section shows Pencils and Crayons'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 Pencils and Crayons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$37.8M
IMPORTS (2022)$377M
NET TRADE (2022)-$339M

In 2022, United States exported $37.8M in Pencils and Crayons. The main destinations of United States exports on Pencils and Crayons were Canada ($12.7M), Mexico ($3.48M), South Korea ($2.43M), Philippines ($2.27M), and China ($1.67M).

In 2022, United States imported $377M in Pencils and Crayons, mainly from China ($135M), Brazil ($57M), Mexico ($44.6M), Vietnam ($24.6M), and Indonesia ($21.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pencils and Crayons EXPORT MARKETS FOR United States WERE (2021 - 2022):
Philippines$1.45M (179%)
South Korea$1.28M (111%)
Mexico$726k (26.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pencils and Crayons BY United States WERE (2021 - 2022):
China-$1.27M (-43.2%)
Canada-$562k (-4.25%)
Russia-$305k (-97.1%)
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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 Pencils and Crayons were:
China $911M
Germany $174M
Brazil $91.2M
In 2022, United States's main importing competitors in Pencils and Crayons were:
Germany $131M
France $63M

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Trade Value of Pencils and Crayons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $1.09M
TOP IMPORT POTENTIALChina+ $7.78M

Pencils and Crayons’s highest export potential is Mexico. With an export gap of $1.09M.   Pencils and Crayons’s highest import potential is China with an import gap of $7.78M.

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