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2022
Exports $1.05BWorld Rnk 6 / 175
Flag Rnk 248 / 1217
2022
Destination $93.7M Mexico
2021 - 2022
FASTEST GROWING MARKET $93.7MMexico
2022
PRODUCT COMPLEXITY IN Aluminium Bars-0.097Rnk 580 / 1025
2022
Imports $2.29BWorld Rnk 2 / 218
Flag Rnk 224 / 1216
2022
Origin $139M Canada
2021 - 2022
FASTEST GROWING ORIGIN $139MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.05B in Aluminium Bars, making it the 6th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 248th most exported product in United States. The main destination of Aluminium Bars exports from United States are: Mexico ($469M), Canada ($305M), United Kingdom ($37.6M), China ($35.7M), and Israel ($29.4M).

The fastest growing export markets for Aluminium Bars of United States between 2021 and 2022 were Mexico ($93.7M), Canada ($61.8M), and United Kingdom ($11.1M).

Imports In 2022, United States imported $2.29B in Aluminium Bars, becoming the 2nd largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 224th most imported product in United States. United States imports Aluminium Bars primarily from: Canada ($640M), Mexico ($333M), Vietnam ($175M), Turkey ($164M), and Indonesia ($125M).

The fastest growing import markets in Aluminium Bars for United States between 2021 and 2022 were Mexico ($139M), Canada ($113M), and Turkey ($42.7M).

COMPANIES In 2023, leading companies such as Robert Bosch (115), ES Windows (105), and BOEING (46) were at the forefront of shipping Aluminium Bars to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Aluminium Bars exports accounted up to $88.3M and imports accounted up to $122M, resulting in a negative trade balance of $33.6M. Between June 2023 and June 2024 the exports of United States'   Aluminium Bars have decreased by $-8.68M (-8.95%) from $97M to $88.3M, while imports decreased by $-20.1M (-14.2%) from $142M to $122M.

Destinations In June 2024, Aluminium Bars were exported mostly to Mexico ($36.7M), Canada ($24.3M), United Kingdom ($4.57M), South Korea ($3.46M), and France ($3.21M), and were imported mostly from Canada ($41.2M), Mexico ($14.7M), Dominican Republic ($9.73M), Ecuador ($7.88M), and Vietnam ($7.71M).

Growth In June 2024, the decrease in Aluminium Bars's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-1.8M or -46.5%), Chile ($-303k or -92.6%), and New Zealand ($-247k or -84.9%). In June 2024, the decrease in Aluminium Bars's year-by-year imports was explained primarily by a decrease in imports from Canada ($-6.65M or -13.3%), Vietnam ($-5.13M or -36.6%), and Turkey ($-4.15M or -33.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-8.68M(-8.95%)
IMPORT GROWTH (June 2023 - June 2024)$-20.1M(-14.2%)
MAIN EXPORTER (June 2024)California$20.2M
MAIN DESTINATION (June 2024)Mexico$36.7M

This section shows Aluminium Bars'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 Aluminium Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.05B
IMPORTS (2022)$2.29B
NET TRADE (2022)-$1.23B

In 2022, United States exported $1.05B in Aluminium Bars. The main destinations of United States exports on Aluminium Bars were Mexico ($469M), Canada ($305M), United Kingdom ($37.6M), China ($35.7M), and Israel ($29.4M).

In 2022, United States imported $2.29B in Aluminium Bars, mainly from Canada ($640M), Mexico ($333M), Vietnam ($175M), Turkey ($164M), and Indonesia ($125M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$93.7M (25%)
Canada$61.8M (25.4%)
United Kingdom$11.1M (42.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY United States WERE (2021 - 2022):
Israel-$10.1M (-25.5%)
United Arab Emirates-$7.83M (-34.2%)
Chinese Taipei-$1.51M (-10.6%)
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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 Aluminium Bars were:
China $3.88B
Germany $2.8B
Turkey $2.4B
In 2022, United States's main importing competitors in Aluminium Bars were:
Germany $4.47B
France $1.89B

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $13.7M
TOP IMPORT POTENTIALChina+ $58.3M

Aluminium Bars’s highest export potential is Germany. With an export gap of $13.7M.   Aluminium Bars’s highest import potential is China with an import gap of $58.3M.

See methodology.

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