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2022
Exports $820MWorld Rnk 2 / 187
Flag Rnk 288 / 1217
2022
Destination $81.2M Canada
2021 - 2022
FASTEST GROWING MARKET $81.2MMexico
2022
PRODUCT COMPLEXITY IN Small Iron Containers-0.092Rnk 578 / 1025
2022
Imports $610MWorld Rnk 2 / 221
Flag Rnk 487 / 1216
2022
Origin $29.6M China
2021 - 2022
FASTEST GROWING ORIGIN $29.6MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $820M in Small Iron Containers, making it the 2nd largest exporter of Small Iron Containers in the world. At the same year, Small Iron Containers was the 288th most exported product in United States. The main destination of Small Iron Containers exports from United States are: Canada ($433M), Mexico ($228M), Dominican Republic ($24.9M), South Korea ($22.8M), and United Kingdom ($8.14M).

The fastest growing export markets for Small Iron Containers of United States between 2021 and 2022 were Mexico ($81.2M), Canada ($73.9M), and South Korea ($9.71M).

Imports In 2022, United States imported $610M in Small Iron Containers, becoming the 2nd largest importer of Small Iron Containers in the world. At the same year, Small Iron Containers was the 487th most imported product in United States. United States imports Small Iron Containers primarily from: China ($194M), Mexico ($128M), Canada ($55.6M), Germany ($48.9M), and Italy ($23.2M).

The fastest growing import markets in Small Iron Containers for United States between 2021 and 2022 were Mexico ($29.6M), Germany ($16.2M), and Austria ($11.1M).

COMPANIES In 2023, leading companies such as Disney Cruise Line (83), Family Tobacco Traders (70), and NOURYON FUNCTIONAL CHEMICALS LLC (17) were at the forefront of shipping Small Iron Containers to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Small Iron Containers exports accounted up to $75.4M and imports accounted up to $35.8M, resulting in a positive trade balance of $39.6M. Between June 2023 and June 2024 the exports of United States'   Small Iron Containers have increased by $9.38M (14.2%) from $66.1M to $75.4M, while imports increased by $1.49M (4.32%) from $34.4M to $35.8M.

Destinations In June 2024, Small Iron Containers were exported mostly to Canada ($32.9M), Mexico ($25.2M), Spain ($4.07M), Japan ($2.06M), and China ($1.48M), and were imported mostly from Mexico ($8.61M), China ($8.4M), Canada ($3.89M), Italy ($3.17M), and Germany ($1.83M).

Growth In June 2024, the increase in Small Iron Containers's year-by-year exports was explained primarily by an increase in exports to Mexico ($8.94M or 68.9%), Canada ($6.79M or 28%), and Israel ($1.25M or 150%). In June 2024, the increase in Small Iron Containers's year-by-year imports was explained primarily by an increase in imports from Italy ($931k or 87.8%), Germany ($674k or 22.2%), and Belgium ($603k or 17.7k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$9.38M(14.2%)
IMPORT GROWTH (June 2023 - June 2024)$1.49M(4.32%)
MAIN EXPORTER (June 2024)Colorado$19.1M
MAIN DESTINATION (June 2024)Canada$32.9M

This section shows Small Iron Containers'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 Small Iron Containers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$820M
IMPORTS (2022)$610M
NET TRADE (2022)$210M

In 2022, United States exported $820M in Small Iron Containers. The main destinations of United States exports on Small Iron Containers were Canada ($433M), Mexico ($228M), Dominican Republic ($24.9M), South Korea ($22.8M), and United Kingdom ($8.14M).

In 2022, United States imported $610M in Small Iron Containers, mainly from China ($194M), Mexico ($128M), Canada ($55.6M), Germany ($48.9M), and Italy ($23.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Small Iron Containers EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$81.2M (55.2%)
Canada$73.9M (20.6%)
South Korea$9.71M (73.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Small Iron Containers BY United States WERE (2021 - 2022):
Japan-$5.93M (-44.2%)
Australia-$2.82M (-46.7%)
Argentina-$2.04M (-42.4%)
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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 Small Iron Containers were:
China $1.34B
Germany $735M
In 2022, United States's main importing competitors in Small Iron Containers were:
Germany $628M
France $566M

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Trade Value of Small Iron Containers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.94M
TOP IMPORT POTENTIALCanada+ $15M

Small Iron Containers’s highest export potential is China. With an export gap of $6.94M.   Small Iron Containers’s highest import potential is Canada with an import gap of $15M.

See methodology.

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