2022
Exports
$807MWorld Rnk 3 / 207
Flag Rnk 293 / 1217
2022
PRODUCT COMPLEXITY IN Iron Springs
0.94Rnk 195 / 1025
2022
Imports
$1.43BWorld Rnk 1 / 218
Flag Rnk 322 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $807M in Iron Springs, making it the 3rd largest exporter of Iron Springs in the world. At the same year, Iron Springs was the 293rd most exported product in United States. The main destination of Iron Springs exports from United States are: Mexico ($374M), Canada ($167M), China ($32M), Ireland ($17.5M), and Germany ($16.1M).

The fastest growing export markets for Iron Springs of United States between 2021 and 2022 were Mexico ($50.3M), Canada ($22.8M), and Ireland ($4.45M).

Imports In 2022, United States imported $1.43B in Iron Springs, becoming the 1st largest importer of Iron Springs in the world. At the same year, Iron Springs was the 322nd most imported product in United States. United States imports Iron Springs primarily from: Mexico ($699M), Canada ($153M), China ($146M), Germany ($111M), and Japan ($83.7M).

The fastest growing import markets in Iron Springs for United States between 2021 and 2022 were Mexico ($74.7M), Canada ($11.7M), and United Kingdom ($5.59M).

COMPANIES In 2023, leading companies such as Robert Bosch (353), ZF Friedrichshafen (322), and Stihl (103) were at the forefront of shipping Iron Springs to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-7.35M(-10.3%)
IMPORT GROWTH (June 2023 - June 2024)$1.23M(1.13%)
MAIN DESTINATION (June 2024)Mexico$30.5M

This section shows Iron Springs'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 Springs over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$807M
IMPORTS (2022)$1.43B
NET TRADE (2022)-$623M

In 2022, United States exported $807M in Iron Springs. The main destinations of United States exports on Iron Springs were Mexico ($374M), Canada ($167M), China ($32M), Ireland ($17.5M), and Germany ($16.1M).

In 2022, United States imported $1.43B in Iron Springs, mainly from Mexico ($699M), Canada ($153M), China ($146M), Germany ($111M), and Japan ($83.7M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Springs EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$50.3M (15.5%)
Canada$22.8M (15.8%)
Ireland$4.45M (34.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Springs BY United States WERE (2021 - 2022):
China-$51.9M (-61.8%)
Thailand-$4.19M (-54.6%)
Costa Rica-$3.64M (-28.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Iron Springs were:
Germany $1.54B
China $983M
In 2022, United States's main importing competitors in Iron Springs were:

Explore Visualizations

Trade Value of Iron Springs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $14.1M
TOP IMPORT POTENTIALChina+ $36.8M

Iron Springs’s highest export potential is China. With an export gap of $14.1M.   Iron Springs’s highest import potential is China with an import gap of $36.8M.

See methodology.

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