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2022
Exports $3.08MWorld Rnk 15 / 164
Flag Rnk 1141 / 1217
2022
Destination $964k Canada
2021 - 2022
FASTEST GROWING MARKET $964kCanada
2022
Imports $106MWorld Rnk 1 / 201
Flag Rnk 871 / 1216
2022
Origin $18.9M China
2021 - 2022
FASTEST GROWING ORIGIN $18.9MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $3.08M in Neck Ties, making it the 15th largest exporter of Neck Ties in the world. At the same year, Neck Ties was the 1141st most exported product in United States. The main destination of Neck Ties exports from United States are: Canada ($1.6M), Guatemala ($268k), Italy ($97.5k), South Korea ($79.7k), and France ($73.4k).

The fastest growing export markets for Neck Ties of United States between 2021 and 2022 were Canada ($964k), Italy ($58.4k), and El Salvador ($49.3k).

Imports In 2022, United States imported $106M in Neck Ties, becoming the 1st largest importer of Neck Ties in the world. At the same year, Neck Ties was the 871st most imported product in United States. United States imports Neck Ties primarily from: China ($69.1M), Italy ($20.1M), France ($6.8M), Sweden ($2.14M), and United Kingdom ($1.6M).

The fastest growing import markets in Neck Ties for United States between 2021 and 2022 were China ($18.9M), Italy ($7.73M), and France ($2.52M).

COMPANIES In 2023, leading companies such as Banana Republic (29), Michael Kors (16), and CrimsonLogic (7) were at the forefront of shipping Neck Ties to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Neck Ties exports accounted up to $483k and imports accounted up to $7.57M, resulting in a negative trade balance of $7.08M. Between June 2023 and June 2024 the exports of United States'   Neck Ties have increased by $299k (162%) from $185k to $483k, while imports increased by $415k (5.8%) from $7.15M to $7.57M.

Destinations In June 2024, Neck Ties were exported mostly to China ($225k), Canada ($126k), Germany ($57.4k), Dominican Republic ($40.7k), and Japan ($11.6k), and were imported mostly from China ($4.42M), Italy ($2.02M), France ($876k), United Kingdom ($117k), and Vietnam ($34.8k).

Growth In June 2024, the increase in Neck Ties's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Neck Ties's year-by-year imports was explained primarily by an increase in imports from Italy ($443k or 25.3%), France ($228k or 72.2%), and United Kingdom ($76.9k or 166%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$299k(162%)
IMPORT GROWTH (June 2023 - June 2024)$415k(5.8%)
MAIN EXPORTER (June 2024)New York$307k
MAIN DESTINATION (June 2024)China$225k

This section shows Neck Ties'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 Neck Ties over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.08M
IMPORTS (2022)$106M
NET TRADE (2022)-$102M

In 2022, United States exported $3.08M in Neck Ties. The main destinations of United States exports on Neck Ties were Canada ($1.6M), Guatemala ($268k), Italy ($97.5k), South Korea ($79.7k), and France ($73.4k).

In 2022, United States imported $106M in Neck Ties, mainly from China ($69.1M), Italy ($20.1M), France ($6.8M), Sweden ($2.14M), and United Kingdom ($1.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Neck Ties EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$964k (151%)
Italy$58.4k (150%)
El Salvador$49.3k (6.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Neck Ties BY United States WERE (2021 - 2022):
Japan-$297k (-81%)
Mexico-$171k (-89.9%)
South Korea-$68.5k (-46.2%)
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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 Neck Ties were:
China $232M
Italy $89.5M
France $45.7M
In 2022, United States's main importing competitors in Neck Ties were:
India $51.9M
Japan $41.5M

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Trade Value of Neck Ties by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $69.8k
TOP IMPORT POTENTIALGermany+ $639k

Neck Ties’s highest export potential is Japan. With an export gap of $69.8k.   Neck Ties’s highest import potential is Germany with an import gap of $639k.

See methodology.

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