2022
Exports
$42.4MWorld Rnk 7 / 136
Flag Rnk 2143 / 4632
falsefalse Canada
2022
Imports
$183MWorld Rnk 1 / 206
Flag Rnk 1594 / 4573
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $42.4M in Tools for tapping or threading, making it the 7th largest exporter of Tools for tapping or threading in the world. At the same year, Tools for tapping or threading was the 2143rd most exported product in United States. The main destination of Tools for tapping or threading exports from United States are: Canada ($15.1M), Mexico ($11.3M), Belgium ($1.85M), Singapore ($1.75M), and China ($1.67M).

The fastest growing export markets for Tools for tapping or threading of United States between 2021 and 2022 were Mexico ($925k), Belgium ($784k), and Singapore ($320k).

Imports In 2022, United States imported $183M in Tools for tapping or threading, becoming the 1st largest importer of Tools for tapping or threading in the world. At the same year, Tools for tapping or threading was the 1594th most imported product in United States. United States imports Tools for tapping or threading primarily from: Germany ($35.5M), China ($25.7M), Japan ($25.6M), Netherlands ($23.8M), and Israel ($11.9M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Tools for tapping or threading to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-294k(-7.48%)
IMPORT GROWTH (June 2023 - June 2024)$528k(3.75%)
MAIN DESTINATION (June 2024)Canada$1.51M

This section shows Tools for tapping or threading'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 Tools for tapping or threading over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$42.4M
IMPORTS (2022)$183M
NET TRADE (2022)-$141M

In 2022, United States exported $42.4M in Tools for tapping or threading. The main destinations of United States exports on Tools for tapping or threading were Canada ($15.1M), Mexico ($11.3M), Belgium ($1.85M), Singapore ($1.75M), and China ($1.67M).

In 2022, United States imported $183M in Tools for tapping or threading, mainly from Germany ($35.5M), China ($25.7M), Japan ($25.6M), Netherlands ($23.8M), and Israel ($11.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tools for tapping or threading EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$925k (8.95%)
Belgium$784k (73.2%)
Singapore$320k (22.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tools for tapping or threading BY United States WERE (2021 - 2022):
Germany-$805k (-39.1%)
China-$617k (-27%)
Netherlands-$242k (-68.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Tools for tapping or threading were:
In 2022, United States's main importing competitors in Tools for tapping or threading were:

Explore Visualizations

Trade Value of Tools for tapping or threading by Exporters

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