2022
Exports
$84.6MWorld Rnk 13 / 123
Flag Rnk 770 / 1217
2022
PRODUCT COMPLEXITY IN Steel Wire
0.96Rnk 189 / 1025
2022
Imports
$321MWorld Rnk 2 / 193
Flag Rnk 665 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $84.6M in Steel Wire, making it the 13th largest exporter of Steel Wire in the world. At the same year, Steel Wire was the 770th most exported product in United States. The main destination of Steel Wire exports from United States are: Mexico ($43.8M), Canada ($21.2M), China ($4.37M), Ireland ($2.48M), and Brazil ($2.07M).

The fastest growing export markets for Steel Wire of United States between 2021 and 2022 were Mexico ($15.3M), Canada ($3.56M), and China ($2.15M).

Imports In 2022, United States imported $321M in Steel Wire, becoming the 2nd largest importer of Steel Wire in the world. At the same year, Steel Wire was the 665th most imported product in United States. United States imports Steel Wire primarily from: Mexico ($54M), Canada ($47.1M), Vietnam ($38.5M), Japan ($37.1M), and China ($35.4M).

The fastest growing import markets in Steel Wire for United States between 2021 and 2022 were Mexico ($6.93M), Vietnam ($6.21M), and Austria ($4.75M).

COMPANIES In 2023, leading companies such as MERCEDES-BENZ U.S. (570), VOLKSWAGEN GROUP OF AMERICA INC. (380), and VOLVO GROUP NORTH AMERICA LLC (378) were at the forefront of shipping Steel Wire to the United States.

Latest Trends

February 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$1.11M(13.3%)
IMPORT GROWTH (February 2023 - February 2024)$277k(1.63%)
MAIN EXPORTER (February 2024)Indiana$3.2M
MAIN DESTINATION (February 2024)Mexico$5.81M

This section shows Steel Wire'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 Steel Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$84.6M
IMPORTS (2022)$321M
NET TRADE (2022)-$236M

In 2022, United States exported $84.6M in Steel Wire. The main destinations of United States exports on Steel Wire were Mexico ($43.8M), Canada ($21.2M), China ($4.37M), Ireland ($2.48M), and Brazil ($2.07M).

In 2022, United States imported $321M in Steel Wire, mainly from Mexico ($54M), Canada ($47.1M), Vietnam ($38.5M), Japan ($37.1M), and China ($35.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Wire EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$15.3M (53.5%)
Canada$3.56M (20.2%)
China$2.15M (96.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Wire BY United States WERE (2021 - 2022):
Ireland-$4.9M (-66.4%)
Guyana-$361k (-99.1%)
Brazil-$267k (-11.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Steel Wire were:
In 2022, United States's main importing competitors in Steel Wire were:

Explore Visualizations

Trade Value of Steel Wire by Exporters

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