2022
Exports
$29.1MWorld Rnk 13 / 194
Flag Rnk 936 / 1217
falsefalse Canada
2022
PRODUCT COMPLEXITY IN Cutlery Sets
-0.066Rnk 570 / 1025
2022
Imports
$688MWorld Rnk 1 / 218
Flag Rnk 470 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $29.1M in Cutlery Sets, making it the 13th largest exporter of Cutlery Sets in the world. At the same year, Cutlery Sets was the 936th most exported product in United States. The main destination of Cutlery Sets exports from United States are: Canada ($10.3M), Mexico ($5.36M), South Korea ($905k), Colombia ($905k), and Philippines ($811k).

The fastest growing export markets for Cutlery Sets of United States between 2021 and 2022 were Mexico ($1.31M), Colombia ($732k), and Barbados ($553k).

Imports In 2022, United States imported $688M in Cutlery Sets, becoming the 1st largest importer of Cutlery Sets in the world. At the same year, Cutlery Sets was the 470th most imported product in United States. United States imports Cutlery Sets primarily from: China ($502M), Vietnam ($94.6M), India ($23.3M), Indonesia ($16.1M), and Italy ($12.6M).

COMPANIES In 2023, leading companies such as IKEA Group (254), Disney Cruise Line (48), and Euromarket Designs (33) were at the forefront of shipping Cutlery Sets to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-799k(-28.7%)
IMPORT GROWTH (June 2023 - June 2024)$-837k(-2.62%)
MAIN EXPORTER (June 2024)Florida$536k
MAIN DESTINATION (June 2024)Canada$1.15M

This section shows Cutlery Sets'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 Cutlery Sets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$29.1M
IMPORTS (2022)$688M
NET TRADE (2022)-$659M

In 2022, United States exported $29.1M in Cutlery Sets. The main destinations of United States exports on Cutlery Sets were Canada ($10.3M), Mexico ($5.36M), South Korea ($905k), Colombia ($905k), and Philippines ($811k).

In 2022, United States imported $688M in Cutlery Sets, mainly from China ($502M), Vietnam ($94.6M), India ($23.3M), Indonesia ($16.1M), and Italy ($12.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutlery Sets EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$1.31M (32.4%)
Colombia$732k (425%)
Barbados$553k (494%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutlery Sets BY United States WERE (2021 - 2022):
Saudi Arabia-$509k (-87.1%)
Canada-$365k (-3.44%)
Honduras-$195k (-61.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Cutlery Sets were:
In 2022, United States's main importing competitors in Cutlery Sets were:

Explore Visualizations

Trade Value of Cutlery Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $491k
TOP IMPORT POTENTIALIndia+ $7.8M

Cutlery Sets’s highest export potential is Germany. With an export gap of $491k.   Cutlery Sets’s highest import potential is India with an import gap of $7.8M.

See methodology.

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