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2022
Exports $624kWorld Rnk 15 / 48
Flag Rnk 1192 / 1217
2022
Destination $47.9k India
2021 - 2022
FASTEST GROWING MARKET $47.9kJapan
2022
Imports $552kWorld Rnk 18 / 93
Flag Rnk 1205 / 1216
2022
Origin $329k Brazil
2021 - 2022
FASTEST GROWING ORIGIN $329kBrazil
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $624k in Asbestos, making it the 15th largest exporter of Asbestos in the world. At the same year, Asbestos was the 1192nd most exported product in United States. The main destination of Asbestos exports from United States are: India ($464k), Japan ($47.9k), Brazil ($45k), Canada ($20.2k), and Venezuela ($18.3k).

The fastest growing export markets for Asbestos of United States between 2021 and 2022 were Japan ($47.9k), Brazil ($45k), and Canada ($18.6k).

Imports In 2022, United States imported $552k in Asbestos, becoming the 18th largest importer of Asbestos in the world. At the same year, Asbestos was the 1205th most imported product in United States. United States imports Asbestos primarily from: Brazil ($498k), China ($51.9k), and United Kingdom ($1.83k).

The fastest growing import markets in Asbestos for United States between 2021 and 2022 were Brazil ($329k), China ($8.33k), and United Kingdom ($1.83k).

COMPANIES In 2023, leading companies such as Mercedes-Benz (21), Volvo (9), and General Motors (6) were at the forefront of shipping Asbestos to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Asbestos exports accounted up to $0 and imports accounted up to $0, resulting in a remained the same trade balance of $0. Between May 2023 and June 2024 the exports of United States'   Asbestos have decreased by $-15.6k (-100%) from $15.6k to $0, while imports decreased by $-61.6k (-100%) from $61.6k to $0.

Destinations In June 2024, Asbestos were exported mostly to Costa Rica ($0) and Colombia ($0), and were imported mostly from Germany ($0).

Growth In June 2024, the decrease in Asbestos's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Asbestos's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)$-15.6k(-100%)
IMPORT GROWTH (November 2022 - June 2024)$-61.6k(-100%)
MAIN EXPORTER (June 2024)Alabama$5.89k
MAIN DESTINATION (June 2024)Costa Rica$0

This section shows Asbestos'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 Asbestos over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$624k
IMPORTS (2022)$552k
NET TRADE (2022)$72.5k

In 2022, United States exported $624k in Asbestos. The main destinations of United States exports on Asbestos were India ($464k), Japan ($47.9k), Brazil ($45k), Canada ($20.2k), and Venezuela ($18.3k).

In 2022, United States imported $552k in Asbestos, mainly from Brazil ($498k), China ($51.9k), and United Kingdom ($1.83k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asbestos EXPORT MARKETS FOR United States WERE (2021 - 2022):
Japan$47.9k (1%)
Brazil$45k (1%)
Canada$18.6k (1.18k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asbestos BY United States WERE (2021 - 2022):
India-$648k (-58.3%)
Mexico-$64.1k (-100%)
Panama-$10.2k (-97.3%)
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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 Asbestos were:
Russia $232M
Brazil $97.4M
Kazakhstan $76.5M
In 2022, United States's main importing competitors in Asbestos were:
India $264M
Indonesia $54.7M
China $48.2M

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Trade Value of Asbestos by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $208k
TOP IMPORT POTENTIALBrazil+ $170k

Asbestos’s highest export potential is India. With an export gap of $208k.   Asbestos’s highest import potential is Brazil with an import gap of $170k.

See methodology.

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