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2022
Exports $15MWorld Rnk 4 / 131
Flag Rnk 1031 / 1217
2022
Destination $2.54M Canada
2021 - 2022
FASTEST GROWING MARKET $2.54MAustralia
2022
Imports $54.6MWorld Rnk 1 / 208
Flag Rnk 956 / 1216
2022
Origin $3.46M China
2021 - 2022
FASTEST GROWING ORIGIN $3.46MIndia
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $15M in Iron Anchors, making it the 4th largest exporter of Iron Anchors in the world. At the same year, Iron Anchors was the 1031st most exported product in United States. The main destination of Iron Anchors exports from United States are: Canada ($5.38M), Australia ($2.83M), United Kingdom ($1.12M), Mexico ($845k), and Trinidad and Tobago ($586k).

The fastest growing export markets for Iron Anchors of United States between 2021 and 2022 were Australia ($2.54M), Jamaica ($313k), and Antigua and Barbuda ($190k).

Imports In 2022, United States imported $54.6M in Iron Anchors, becoming the 1st largest importer of Iron Anchors in the world. At the same year, Iron Anchors was the 956th most imported product in United States. United States imports Iron Anchors primarily from: China ($34.9M), India ($9M), Canada ($3.73M), South Korea ($1.28M), and Chinese Taipei ($1.13M).

The fastest growing import markets in Iron Anchors for United States between 2021 and 2022 were India ($3.46M), China ($1.05M), and South Korea ($510k).

COMPANIES In 2023, leading companies such as Stelfast (13), Stanley Black & Decker (11), and ABB Motors and Mechanical (4) were at the forefront of shipping Iron Anchors to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Iron Anchors exports accounted up to $997k and imports accounted up to $4.02M, resulting in a negative trade balance of $3.02M. Between June 2023 and June 2024 the exports of United States'   Iron Anchors have decreased by $-557k (-35.8%) from $1.55M to $997k, while imports increased by $297k (7.96%) from $3.72M to $4.02M.

Destinations In June 2024, Iron Anchors were exported mostly to Canada ($525k), Trinidad and Tobago ($262k), Mexico ($46k), Bahamas ($23.5k), and Poland ($18.4k), and were imported mostly from China ($1.78M), India ($1.32M), South Korea ($294k), United Kingdom ($139k), and Chinese Taipei ($137k).

Growth In June 2024, the decrease in Iron Anchors's year-by-year exports was explained primarily by a decrease in exports to Canada ($-257k or -37.7%), China ($-12.1k or -82.5%), and Brazil ($-10k or -62.6%). In June 2024, the increase in Iron Anchors's year-by-year imports was explained primarily by an increase in imports from India ($315k or 47.5%), Germany ($84.8k or 261%), and Canada ($60.9k or 32.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-557k(-35.8%)
IMPORT GROWTH (June 2023 - June 2024)$297k(7.96%)
MAIN EXPORTER (June 2024)Louisiana$4.61M
MAIN DESTINATION (June 2024)Canada$525k

This section shows Iron Anchors'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 Anchors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$15M
IMPORTS (2022)$54.6M
NET TRADE (2022)-$39.6M

In 2022, United States exported $15M in Iron Anchors. The main destinations of United States exports on Iron Anchors were Canada ($5.38M), Australia ($2.83M), United Kingdom ($1.12M), Mexico ($845k), and Trinidad and Tobago ($586k).

In 2022, United States imported $54.6M in Iron Anchors, mainly from China ($34.9M), India ($9M), Canada ($3.73M), South Korea ($1.28M), and Chinese Taipei ($1.13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Anchors EXPORT MARKETS FOR United States WERE (2021 - 2022):
Australia$2.54M (895%)
Jamaica$313k (432%)
Antigua and Barbuda$190k (7.08k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Anchors BY United States WERE (2021 - 2022):
United Kingdom-$6.42M (-85.1%)
Norway-$2.34M (-97.9%)
Mexico-$1.15M (-57.6%)
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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 Iron Anchors were:
China $136M
India $31M
Netherlands $16.9M
In 2022, United States's main importing competitors in Iron Anchors were:
Netherlands $23M
Japan $13.4M

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Trade Value of Iron Anchors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $126k
TOP IMPORT POTENTIALIndia+ $901k

Iron Anchors’s highest export potential is Netherlands. With an export gap of $126k.   Iron Anchors’s highest import potential is India with an import gap of $901k.

See methodology.

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