2022
Exports
$689MWorld Rnk 9 / 177
Flag Rnk 322 / 1217
2022
PRODUCT COMPLEXITY IN Iron Blocks
-0.42Rnk 679 / 1025
2022
Imports
$1.37BWorld Rnk 2 / 219
Flag Rnk 332 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

The fastest growing export markets for Iron Blocks of United States between 2021 and 2022 were Canada ($94.1M), Mexico ($59.9M), and Singapore ($2.97M).

Imports In 2022, United States imported $1.37B in Iron Blocks, becoming the 2nd largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 332nd most imported product in United States. United States imports Iron Blocks primarily from: Mexico ($433M), Canada ($323M), South Korea ($212M), Germany ($61M), and Luxembourg ($58.6M).

The fastest growing import markets in Iron Blocks for United States between 2021 and 2022 were Canada ($117M), South Korea ($99M), and Spain ($54M).

COMPANIES In 2023, leading companies such as Walgreens (74), Jo-Ann Stores (31), and Amazon Produce Network (31) were at the forefront of shipping Iron Blocks to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-22.4M(-37.8%)
IMPORT GROWTH (June 2023 - June 2024)$-3.5M(-3.96%)
MAIN EXPORTER (June 2024)Texas$20.1M
MAIN DESTINATION (June 2024)Canada$24.4M

This section shows Iron Blocks'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 Iron Blocks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$689M
IMPORTS (2022)$1.37B
NET TRADE (2022)-$683M

In 2022, United States imported $1.37B in Iron Blocks, mainly from Mexico ($433M), Canada ($323M), South Korea ($212M), Germany ($61M), and Luxembourg ($58.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Blocks EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$94.1M (23.6%)
Mexico$59.9M (61%)
Singapore$2.97M (483%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Blocks BY United States WERE (2021 - 2022):
Dominican Republic-$1.61M (-16.7%)
Brazil-$1.57M (-90.2%)
Costa Rica-$1.15M (-68.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Iron Blocks were:
China $2.83B
Spain $2.24B
Germany $2.07B
In 2022, United States's main importing competitors in Iron Blocks were:
Germany $1.51B
France $1.18B

Explore Visualizations

Trade Value of Iron Blocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.75M
TOP IMPORT POTENTIALChina+ $36.4M

Iron Blocks’s highest export potential is China. With an export gap of $3.75M.   Iron Blocks’s highest import potential is China with an import gap of $36.4M.

See methodology.

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