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2023
Exports $333kWorld Rnk 9 / 77
Flag Rnk 1200 / 1217
2023
Destination $33.2k Mexico
2022 - 2023
FASTEST GROWING MARKET $33.2kBelize
2023
Imports $2.36MWorld Rnk 1 / 137
Flag Rnk 1170 / 1215
2023
Origin $308k Japan
2022 - 2023
FASTEST GROWING ORIGIN $308kIndia
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $333k in Retail Silk Yarn, making it the 9th largest exporter of Retail Silk Yarn in the world. At the same year, Retail Silk Yarn was the 1200th most exported product in United States. The main destination of Retail Silk Yarn exports from United States are: Mexico ($63.4k), Canada ($50k), China ($37.4k), Belize ($33.2k), and Dominican Republic ($25.2k).

The fastest growing export markets for Retail Silk Yarn of United States between 2022 and 2023 were Belize ($33.2k), Dominican Republic ($25.2k), and Singapore ($15.7k).

Imports In 2023, United States imported $2.36M in Retail Silk Yarn, becoming the 1st largest importer of Retail Silk Yarn in the world. At the same year, Retail Silk Yarn was the 1170th most imported product in United States. United States imports Retail Silk Yarn primarily from: Japan ($615k), India ($559k), Peru ($325k), Malta ($249k), and France ($199k).

The fastest growing import markets in Retail Silk Yarn for United States between 2022 and 2023 were India ($308k), Peru ($87.3k), and Malta ($57.7k).

Latest Trends

November 2024

About

Overview In November 2024 United States' Retail Silk Yarn exports accounted up to $30.2k and imports accounted up to $260k, resulting in a negative trade balance of $230k. Between November 2023 and November 2024 the exports of United States'   Retail Silk Yarn have increased by $5.54k (22.4%) from $24.7k to $30.2k, while imports increased by $160k (161%) from $99.6k to $260k.

Destinations In November 2024, Retail Silk Yarn were exported mostly to China ($13.5k), Italy ($5.67k), Canada ($4.86k), Australia ($3.41k), and South Korea ($2.81k), and were imported mostly from India ($89.1k), Japan ($87.8k), Peru ($47.2k), Malta ($17.9k), and Germany ($5.56k).

Growth In November 2024, the increase in Retail Silk Yarn's year-by-year exports was explained primarily by an increase in exports to Mexico ($11.4k or 196%). In November 2024, the increase in Retail Silk Yarn's year-by-year imports was explained primarily by an increase in imports from France ($77.6k or 3k%), China ($28.1k or 382%), and Peru ($14.3k or 210%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$5.54k(22.4%)
IMPORT GROWTH (November 2023 - November 2024)$160k(161%)
MAIN EXPORTER (November 2024)New York$40.6k
MAIN DESTINATION (November 2024)China$13.5k

This section shows Retail Silk Yarn'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 Retail Silk Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$333k
IMPORTS (2023)$2.36M
NET TRADE (2023)-$2.03M

In 2023, United States exported $333k in Retail Silk Yarn. The main destinations of United States exports on Retail Silk Yarn were Mexico ($63.4k), Canada ($50k), China ($37.4k), Belize ($33.2k), and Dominican Republic ($25.2k).

In 2023, United States imported $2.36M in Retail Silk Yarn, mainly from Japan ($615k), India ($559k), Peru ($325k), Malta ($249k), and France ($199k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Retail Silk Yarn EXPORT MARKETS FOR United States WERE (2022 - 2023):
Belize$33.2k (1%)
Dominican Republic$25.2k (1%)
Singapore$15.7k (1.47k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Retail Silk Yarn BY United States WERE (2022 - 2023):
Mexico-$179k (-73.8%)
United Kingdom-$45.2k (-95.7%)
France-$14k (-71.2%)
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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 Retail Silk Yarn were:
China $5.16M
Japan $1.71M
India $1.01M
In 2023, United States's main importing competitors in Retail Silk Yarn were:
Brazil $1.95M
India $1.34M

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Trade Value of Retail Silk Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Retail Silk Yarn’s highest export potential is N/A. With an export gap of N/A.   Retail Silk Yarn’s highest import potential is N/A with an import gap of N/A.

See methodology.

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