2023
Exports
$377MWorld Rnk 6 / 144
Flag Rnk 431 / 1217
2023
PRODUCT COMPLEXITY IN Tool Plates
1.73Rnk 20 / 1025
2023
Imports
$972MWorld Rnk 1 / 191
Flag Rnk 380 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $377M in Tool Plates, making it the 6th largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 431st most exported product in United States. The main destination of Tool Plates exports from United States are: Germany ($87M), Mexico ($44.7M), Canada ($40.8M), China ($27.7M), and Israel ($27.7M).

The fastest growing export markets for Tool Plates of United States between 2022 and 2023 were Germany ($6.3M), Turkey ($6.19M), and Singapore ($2.37M).

Imports In 2023, United States imported $972M in Tool Plates, becoming the 1st largest importer of Tool Plates in the world. At the same year, Tool Plates was the 380th most imported product in United States. United States imports Tool Plates primarily from: Israel ($215M), Japan ($178M), Germany ($158M), India ($75.2M), and South Korea ($70.6M).

The fastest growing import markets in Tool Plates for United States between 2022 and 2023 were Israel ($18.6M), Thailand ($14.7M), and Germany ($10.4M).

COMPANIES In 2023, leading companies such as CrimsonLogic (17), Walgreens (16), and Haas Automation (7) were at the forefront of shipping Tool Plates to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-10.1M(-21.8%)
IMPORT GROWTH (November 2023 - November 2024)$-289k(-0.34%)
MAIN EXPORTER (November 2024)Kentucky$14.8M
MAIN DESTINATION (November 2024)Canada$8.11M

This section shows Tool Plates'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 Tool Plates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$377M
IMPORTS (2023)$972M
NET TRADE (2023)-$595M

In 2023, United States exported $377M in Tool Plates. The main destinations of United States exports on Tool Plates were Germany ($87M), Mexico ($44.7M), Canada ($40.8M), China ($27.7M), and Israel ($27.7M).

In 2023, United States imported $972M in Tool Plates, mainly from Israel ($215M), Japan ($178M), Germany ($158M), India ($75.2M), and South Korea ($70.6M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR United States WERE (2022 - 2023):
Germany$6.3M (7.8%)
Turkey$6.19M (214%)
Singapore$2.37M (20.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY United States WERE (2022 - 2023):
Canada-$63.6M (-60.9%)
India-$3.39M (-16.1%)
Chinese Taipei-$2.35M (-64.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Tool Plates were:
Germany $1.01B
Japan $874M
China $695M
In 2023, United States's main importing competitors in Tool Plates were:

Explore Visualizations

Trade Value of Tool Plates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.09M
TOP IMPORT POTENTIALChina+ $19.2M

Tool Plates’s highest export potential is China. With an export gap of $9.09M.   Tool Plates’s highest import potential is China with an import gap of $19.2M.

See methodology.

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