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2022
Exports $186MWorld Rnk 12 / 186
Flag Rnk 605 / 1217
2022
Destination $17M Canada
2021 - 2022
FASTEST GROWING MARKET $17MCanada
2022
PRODUCT COMPLEXITY IN Wood Crates0.3Rnk 451 / 1025
2022
Imports $341MWorld Rnk 6 / 216
Flag Rnk 651 / 1216
2022
Origin $9.75M Canada
2021 - 2022
FASTEST GROWING ORIGIN $9.75MBrazil
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $186M in Wood Crates, making it the 12th largest exporter of Wood Crates in the world. At the same year, Wood Crates was the 605th most exported product in United States. The main destination of Wood Crates exports from United States are: Canada ($67.9M), Mexico ($52.9M), South Korea ($17.3M), Germany ($10.9M), and Netherlands ($4.12M).

The fastest growing export markets for Wood Crates of United States between 2021 and 2022 were Canada ($17M), Mexico ($14.3M), and South Korea ($4.34M).

Imports In 2022, United States imported $341M in Wood Crates, becoming the 6th largest importer of Wood Crates in the world. At the same year, Wood Crates was the 651st most imported product in United States. United States imports Wood Crates primarily from: Canada ($140M), Mexico ($58.8M), Guatemala ($25.1M), Brazil ($23.3M), and Netherlands ($16.4M).

The fastest growing import markets in Wood Crates for United States between 2021 and 2022 were Brazil ($9.75M), Guatemala ($9.11M), and Honduras ($4.15M).

COMPANIES In 2023, leading companies such as Heineken (1.36k), Porven (293), and John Deere (180) were at the forefront of shipping Wood Crates to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Wood Crates exports accounted up to $17.9M and imports accounted up to $20.9M, resulting in a negative trade balance of $2.92M. Between June 2023 and June 2024 the exports of United States'   Wood Crates have increased by $706k (4.1%) from $17.2M to $17.9M, while imports increased by $1.3M (6.63%) from $19.6M to $20.9M.

Destinations In June 2024, Wood Crates were exported mostly to Canada ($5.94M), Mexico ($5.32M), South Korea ($2.04M), Germany ($1.12M), and Belgium ($542k), and were imported mostly from Canada ($8.06M), Mexico ($5.38M), Netherlands ($2.48M), Brazil ($1.18M), and China ($1M).

Growth In June 2024, the increase in Wood Crates's year-by-year exports was explained primarily by an increase in exports to Mexico ($2.73M or 82.6%), Canada ($1.34M or 30.9%), and Germany ($521k or 72.7%). In June 2024, the increase in Wood Crates's year-by-year imports was explained primarily by an increase in imports from Netherlands ($779k or 87.2%), China ($187k or 42.3%), and Germany ($167k or 70.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$706k(4.1%)
IMPORT GROWTH (June 2023 - June 2024)$1.3M(6.63%)
MAIN EXPORTER (June 2024)Texas$3.38M
MAIN DESTINATION (June 2024)Canada$5.94M

This section shows Wood Crates'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 Wood Crates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$186M
IMPORTS (2022)$341M
NET TRADE (2022)-$155M

In 2022, United States exported $186M in Wood Crates. The main destinations of United States exports on Wood Crates were Canada ($67.9M), Mexico ($52.9M), South Korea ($17.3M), Germany ($10.9M), and Netherlands ($4.12M).

In 2022, United States imported $341M in Wood Crates, mainly from Canada ($140M), Mexico ($58.8M), Guatemala ($25.1M), Brazil ($23.3M), and Netherlands ($16.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Crates EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$17M (33.3%)
Mexico$14.3M (37.2%)
South Korea$4.34M (33.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Crates BY United States WERE (2021 - 2022):
Saudi Arabia-$2.46M (-84.9%)
Netherlands-$432k (-9.48%)
United Arab Emirates-$400k (-54.1%)
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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 Wood Crates were:
Poland $1.24B
Germany $637M
Czechia $394M
In 2022, United States's main importing competitors in Wood Crates were:
Germany $1.5B
France $514M
Netherlands $481M

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Trade Value of Wood Crates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $6.9M
TOP IMPORT POTENTIALGermany+ $6.77M

Wood Crates’s highest export potential is Germany. With an export gap of $6.9M.   Wood Crates’s highest import potential is Germany with an import gap of $6.77M.

See methodology.

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