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2022
Exports $168MWorld Rnk 3 / 197
Flag Rnk 631 / 1217
2022
Destination $17.9M Canada
2021 - 2022
FASTEST GROWING MARKET $17.9MCanada
2022
PRODUCT COMPLEXITY IN Party Decorations-0.73Rnk 764 / 1025
2022
Imports $7.33BWorld Rnk 1 / 221
Flag Rnk 85 / 1216
2022
Origin $1.04B China
2021 - 2022
FASTEST GROWING ORIGIN $1.04BChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $168M in Party Decorations, making it the 3rd largest exporter of Party Decorations in the world. At the same year, Party Decorations was the 631st most exported product in United States. The main destination of Party Decorations exports from United States are: Canada ($76.8M), France ($10.1M), United Kingdom ($9.15M), Germany ($8.77M), and Mexico ($8.37M).

The fastest growing export markets for Party Decorations of United States between 2021 and 2022 were Canada ($17.9M), France ($5.45M), and Mexico ($4.44M).

Imports In 2022, United States imported $7.33B in Party Decorations, becoming the 1st largest importer of Party Decorations in the world. At the same year, Party Decorations was the 85th most imported product in United States. United States imports Party Decorations primarily from: China ($6.8B), Cambodia ($119M), India ($92.1M), Mexico ($51.5M), and Vietnam ($37.1M).

The fastest growing import markets in Party Decorations for United States between 2021 and 2022 were China ($1.04B), Cambodia ($47.8M), and India ($24.7M).

COMPANIES In 2023, leading companies such as You Hao Trading (1.04k), Itourscm (580), and At Home Procurement (458) were at the forefront of shipping Party Decorations to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Party Decorations exports accounted up to $14.1M and imports accounted up to $450M, resulting in a negative trade balance of $436M. Between June 2023 and June 2024 the exports of United States'   Party Decorations have increased by $1.87M (15.3%) from $12.2M to $14.1M, while imports decreased by $-79M (-14.9%) from $529M to $450M.

Destinations In June 2024, Party Decorations were exported mostly to Canada ($9.24M), South Korea ($1.06M), Hong Kong ($645k), United Kingdom ($497k), and Germany ($306k), and were imported mostly from China ($421M), Vietnam ($6.6M), India ($5.22M), Cambodia ($3.64M), and Mexico ($2.87M).

Growth In June 2024, the increase in Party Decorations's year-by-year exports was explained primarily by an increase in exports to France ($216k or 35.3%), Saudi Arabia ($138k or 1k%), and Barbados ($84.5k or 1.21k%). In June 2024, the decrease in Party Decorations's year-by-year imports was explained primarily by a decrease in imports from China ($-30.8M or -25.8%), India ($-1.3M or -63.6%), and Mexico ($-997k or -43.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$1.87M(15.3%)
IMPORT GROWTH (June 2023 - June 2024)$-79M(-14.9%)
MAIN EXPORTER (June 2024)California$2.9M
MAIN DESTINATION (June 2024)Canada$9.24M

This section shows Party Decorations'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 Party Decorations over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$168M
IMPORTS (2022)$7.33B
NET TRADE (2022)-$7.16B

In 2022, United States exported $168M in Party Decorations. The main destinations of United States exports on Party Decorations were Canada ($76.8M), France ($10.1M), United Kingdom ($9.15M), Germany ($8.77M), and Mexico ($8.37M).

In 2022, United States imported $7.33B in Party Decorations, mainly from China ($6.8B), Cambodia ($119M), India ($92.1M), Mexico ($51.5M), and Vietnam ($37.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Party Decorations EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$17.9M (30.4%)
France$5.45M (116%)
Mexico$4.44M (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Party Decorations BY United States WERE (2021 - 2022):
United Kingdom-$5.21M (-36.3%)
Russia-$1.37M (-66.5%)
Australia-$1.01M (-15.5%)
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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 Party Decorations were:
China $11.7B
Netherlands $304M
In 2022, United States's main importing competitors in Party Decorations were:
United Kingdom $624M
Canada $568M

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Trade Value of Party Decorations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $4.87M
TOP IMPORT POTENTIALIndia+ $35.2M

Party Decorations’s highest export potential is Mexico. With an export gap of $4.87M.   Party Decorations’s highest import potential is India with an import gap of $35.2M.

See methodology.

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