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2023
Exports $85.7kWorld Rnk 14 / 57
Flag Rnk 1210 / 1217
2023
Destination $38k India
2022 - 2023
FASTEST GROWING MARKET $38kIndia
2023
Imports $1.38MWorld Rnk 10 / 102
Flag Rnk 1187 / 1215
2023
Origin $74.1k China
2022 - 2023
FASTEST GROWING ORIGIN $74.1kItaly
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $85.7k in Silk Waste Yarn, making it the 14th largest exporter of Silk Waste Yarn in the world. At the same year, Silk Waste Yarn was the 1210th most exported product in United States. The main destination of Silk Waste Yarn exports from United States are: India ($38k), Hong Kong ($17.3k), South Korea ($10k), Australia ($9.63k), and United Kingdom ($5.61k).

The fastest growing export markets for Silk Waste Yarn of United States between 2022 and 2023 were India ($38k), Hong Kong ($17.3k), and South Korea ($10k).

Imports In 2023, United States imported $1.38M in Silk Waste Yarn, becoming the 10th largest importer of Silk Waste Yarn in the world. At the same year, Silk Waste Yarn was the 1187th most imported product in United States. United States imports Silk Waste Yarn primarily from: China ($485k), India ($347k), Italy ($309k), Switzerland ($185k), and Canada ($22.1k).

The fastest growing import markets in Silk Waste Yarn for United States between 2022 and 2023 were Italy ($74.1k), Canada ($4.99k), and Germany ($4.99k).

Latest Trends

November 2024

About

Overview In November 2024 United States' Silk Waste Yarn exports accounted up to $0 and imports accounted up to $104k, resulting in a negative trade balance of $104k. Between October 2023 and November 2024 the exports of United States'   Silk Waste Yarn have decreased by $-13k (-100%) from $13k to $0, while imports increased by $11k (11.9%) from $92.6k to $104k.

Destinations In November 2024, Silk Waste Yarn were exported mostly to Guatemala ($0), Honduras ($0), and Mexico ($0), and were imported mostly from India ($58.5k), Italy ($38.8k), Canada ($3.22k), China ($3.02k), and Japan ($0).

Growth In November 2024, the decrease in Silk Waste Yarn's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the increase in Silk Waste Yarn's year-by-year imports was explained primarily by an increase in imports from India ($21.2k or 94.8%) and Italy ($16.6k or 604%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - November 2024)$-13k(-100%)
IMPORT GROWTH (November 2023 - November 2024)$11k(11.9%)
MAIN EXPORTER (November 2024)Texas$7.59k
MAIN DESTINATION (November 2024)Guatemala$0

This section shows Silk Waste 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 Silk Waste Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$85.7k
IMPORTS (2023)$1.38M
NET TRADE (2023)-$1.29M

In 2023, United States exported $85.7k in Silk Waste Yarn. The main destinations of United States exports on Silk Waste Yarn were India ($38k), Hong Kong ($17.3k), South Korea ($10k), Australia ($9.63k), and United Kingdom ($5.61k).

In 2023, United States imported $1.38M in Silk Waste Yarn, mainly from China ($485k), India ($347k), Italy ($309k), Switzerland ($185k), and Canada ($22.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Silk Waste Yarn EXPORT MARKETS FOR United States WERE (2022 - 2023):
India$38k (1%)
Hong Kong$17.3k (1%)
South Korea$10k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk Waste Yarn BY United States WERE (2022 - 2023):
Canada-$8k (-89.8%)
Australia-$5.02k (-34.2%)
Bermuda-$705 (-100%)
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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 Silk Waste Yarn were:
China $62.2M
Italy $7.72M
Thailand $3.24M
In 2023, United States's main importing competitors in Silk Waste Yarn were:
Italy $32.5M
Japan $12.9M
India $6.69M

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Trade Value of Silk Waste Yarn by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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