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2022
Exports $164MWorld Rnk 5 / 195
Flag Rnk 639 / 1217
2022
Destination $8.41M Japan
2021 - 2022
FASTEST GROWING MARKET $8.41MBahamas
2022
PRODUCT COMPLEXITY IN Water-0.099Rnk 581 / 1025
2022
Imports $1.02BWorld Rnk 1 / 222
Flag Rnk 392 / 1216
2022
Origin $124M Fiji
2021 - 2022
FASTEST GROWING ORIGIN $124MFiji
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $164M in Water, making it the 5th largest exporter of Water in the world. At the same year, Water was the 639th most exported product in United States. The main destination of Water exports from United States are: Japan ($50.6M), Canada ($28.4M), Mexico ($18.3M), Bahamas ($11M), and Netherlands ($5.63M).

The fastest growing export markets for Water of United States between 2021 and 2022 were Bahamas ($8.41M), Mexico ($1.74M), and Barbados ($1.57M).

Imports In 2022, United States imported $1.02B in Water, becoming the 1st largest importer of Water in the world. At the same year, Water was the 392nd most imported product in United States. United States imports Water primarily from: Fiji ($383M), Italy ($242M), France ($135M), Mexico ($116M), and Austria ($32.5M).

The fastest growing import markets in Water for United States between 2021 and 2022 were Fiji ($124M), Italy ($31.3M), and Austria ($18.5M).

COMPANIES In 2023, leading companies such as Walong Marketing (26), Costco Wholesale (26), and Wismettac Asian Foods (26) were at the forefront of shipping Water to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Water exports accounted up to $15.2M and imports accounted up to $81.6M, resulting in a negative trade balance of $66.4M. Between August 2023 and August 2024 the exports of United States'   Water have decreased by $-57.5k (-0.38%) from $15.3M to $15.2M, while imports increased by $1.15M (1.42%) from $80.4M to $81.6M.

Destinations In August 2024, Water were exported mostly to Canada ($3.72M), Mexico ($3.52M), Japan ($2.72M), Bahamas ($477k), and Cayman Islands ($408k), and were imported mostly from Italy ($27.8M), Mexico ($18.6M), France ($14.2M), Fiji ($13.6M), and Iceland ($1.72M).

Growth In August 2024, the decrease in Water's year-by-year exports was explained primarily by a decrease in exports to Japan ($-1.29M or -37.4%), Hong Kong ($-348k or -98.7%), and United Kingdom ($-335k or -75.8%). In August 2024, the increase in Water's year-by-year imports was explained primarily by an increase in imports from Mexico ($6.58M or 83.6%), Italy ($2.22M or 13.8%), and Fiji ($994k or 7.34%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-57.5k(-0.38%)
IMPORT GROWTH (August 2023 - August 2024)$1.15M(1.42%)
MAIN EXPORTER (August 2024)California$6.17M
MAIN DESTINATION (August 2024)Canada$3.72M

This section shows Water'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 Water over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$164M
IMPORTS (2022)$1.02B
NET TRADE (2022)-$856M

In 2022, United States exported $164M in Water. The main destinations of United States exports on Water were Japan ($50.6M), Canada ($28.4M), Mexico ($18.3M), Bahamas ($11M), and Netherlands ($5.63M).

In 2022, United States imported $1.02B in Water, mainly from Fiji ($383M), Italy ($242M), France ($135M), Mexico ($116M), and Austria ($32.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Water EXPORT MARKETS FOR United States WERE (2021 - 2022):
Bahamas$8.41M (329%)
Mexico$1.74M (10.5%)
Barbados$1.57M (184%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Water BY United States WERE (2021 - 2022):
China-$14.8M (-97.6%)
Japan-$5.4M (-9.64%)
Hong Kong-$4.33M (-87.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Water were:
France $921M
China $718M
Italy $705M
In 2022, United States's main importing competitors in Water were:
Hong Kong $640M
Germany $253M

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Trade Value of Water by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.78M
TOP IMPORT POTENTIALCanada+ $9.94M

Water’s highest export potential is China. With an export gap of $2.78M.   Water’s highest import potential is Canada with an import gap of $9.94M.

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