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2023
Exports $508MWorld Rnk 3 / 176
Flag Rnk 361 / 1217
2023
Destination $9.97M Canada
2022 - 2023
FASTEST GROWING MARKET $9.97MThailand
2023
PRODUCT COMPLEXITY IN Prefabricated Buildings0.052Rnk 539 / 1025
2023
Imports $761MWorld Rnk 2 / 224
Flag Rnk 435 / 1215
2023
Origin $27.9M Canada
2022 - 2023
FASTEST GROWING ORIGIN $27.9MCanada
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $508M in Prefabricated Buildings, making it the 3rd largest exporter of Prefabricated Buildings in the world. At the same year, Prefabricated Buildings was the 361st most exported product in United States. The main destination of Prefabricated Buildings exports from United States are: Canada ($305M), Mexico ($46.3M), Thailand ($21.8M), Bahamas ($14M), and Costa Rica ($12.6M).

The fastest growing export markets for Prefabricated Buildings of United States between 2022 and 2023 were Thailand ($9.97M), Costa Rica ($8.76M), and Canada ($6.79M).

Imports In 2023, United States imported $761M in Prefabricated Buildings, becoming the 2nd largest importer of Prefabricated Buildings in the world. At the same year, Prefabricated Buildings was the 435th most imported product in United States. United States imports Prefabricated Buildings primarily from: Canada ($334M), China ($129M), Mexico ($56.3M), Israel ($38.7M), and Netherlands ($27.3M).

The fastest growing import markets in Prefabricated Buildings for United States between 2022 and 2023 were Canada ($27.9M), Poland ($13.3M), and China ($11.6M).

COMPANIES In 2023, leading companies such as Tmall (23), Costco Wholesale (6), and At Home Procurement (5) were at the forefront of shipping Prefabricated Buildings to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Prefabricated Buildings exports accounted up to $32.9M and imports accounted up to $62.4M, resulting in a negative trade balance of $29.5M. Between November 2023 and November 2024 the exports of United States'   Prefabricated Buildings have decreased by $-7.37M (-18.3%) from $40.3M to $32.9M, while imports increased by $2.48M (4.13%) from $59.9M to $62.4M.

Destinations In November 2024, Prefabricated Buildings were exported mostly to Canada ($17.7M), Mexico ($3.22M), Saudi Arabia ($2.68M), Belgium ($1.16M), and Bahamas ($966k), and were imported mostly from Canada ($25.3M), China ($11.8M), Mexico ($4.87M), Poland ($3.07M), and Vietnam ($2.26M).

Growth In November 2024, the decrease in Prefabricated Buildings's year-by-year exports was explained primarily by a decrease in exports to Angola ($-4.79M or -96.8%), Cyprus ($-595k or -32.4%), and Mexico ($-495k or -19.2%). In November 2024, the increase in Prefabricated Buildings's year-by-year imports was explained primarily by an increase in imports from Mexico ($2.53M or 86%), Poland ($2.39M or 257%), and Canada ($2.18M or 14%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-7.37M(-18.3%)
IMPORT GROWTH (November 2023 - November 2024)$2.48M(4.13%)
MAIN EXPORTER (November 2024)Utah$10.9M
MAIN DESTINATION (November 2024)Canada$17.7M

This section shows Prefabricated Buildings'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 Prefabricated Buildings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$508M
IMPORTS (2023)$761M
NET TRADE (2023)-$253M

In 2023, United States exported $508M in Prefabricated Buildings. The main destinations of United States exports on Prefabricated Buildings were Canada ($305M), Mexico ($46.3M), Thailand ($21.8M), Bahamas ($14M), and Costa Rica ($12.6M).

In 2023, United States imported $761M in Prefabricated Buildings, mainly from Canada ($334M), China ($129M), Mexico ($56.3M), Israel ($38.7M), and Netherlands ($27.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Prefabricated Buildings EXPORT MARKETS FOR United States WERE (2022 - 2023):
Thailand$9.97M (84.2%)
Costa Rica$8.76M (227%)
Canada$6.79M (2.28%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prefabricated Buildings BY United States WERE (2022 - 2023):
Mexico-$14.3M (-23.6%)
Angola-$11.8M (-93.3%)
Germany-$6.39M (-60.9%)
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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 Prefabricated Buildings were:
China $2.37B
United Arab Emirates $570M
In 2023, United States's main importing competitors in Prefabricated Buildings were:
Germany $947M
Saudi Arabia $741M

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Trade Value of Prefabricated Buildings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $10.4M
TOP IMPORT POTENTIALChina+ $49.5M

Prefabricated Buildings’s highest export potential is Germany. With an export gap of $10.4M.   Prefabricated Buildings’s highest import potential is China with an import gap of $49.5M.

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