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2022
Exports $566MWorld Rnk 4 / 168
Flag Rnk 359 / 1217
2022
Destination $34.1M Canada
2021 - 2022
FASTEST GROWING MARKET $34.1MCanada
2022
PRODUCT COMPLEXITY IN Prefabricated Buildings0.1Rnk 522 / 1025
2022
Imports $816MWorld Rnk 2 / 221
Flag Rnk 444 / 1216
2022
Origin $87.4M Canada
2021 - 2022
FASTEST GROWING ORIGIN $87.4MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $566M in Prefabricated Buildings, making it the 4th largest exporter of Prefabricated Buildings in the world. At the same year, Prefabricated Buildings was the 359th most exported product in United States. The main destination of Prefabricated Buildings exports from United States are: Canada ($308M), Mexico ($66.9M), Chinese Taipei ($14.4M), United Kingdom ($14.1M), and Germany ($12.7M).

The fastest growing export markets for Prefabricated Buildings of United States between 2021 and 2022 were Canada ($34.1M), Mexico ($24.8M), and Chinese Taipei ($13.5M).

Imports In 2022, United States imported $816M in Prefabricated Buildings, becoming the 2nd largest importer of Prefabricated Buildings in the world. At the same year, Prefabricated Buildings was the 444th most imported product in United States. United States imports Prefabricated Buildings primarily from: Canada ($310M), China ($177M), Netherlands ($50.7M), Mexico ($47.4M), and Israel ($44.9M).

The fastest growing import markets in Prefabricated Buildings for United States between 2021 and 2022 were Canada ($87.4M), Mexico ($24.2M), and Vietnam ($8.34M).

COMPANIES In 2023, leading companies such as Tmall (23), Costco Wholesale (6), and At Home Procurement (5) were at the forefront of shipping Prefabricated Buildings to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Prefabricated Buildings exports accounted up to $52.5M and imports accounted up to $70.5M, resulting in a negative trade balance of $18M. Between August 2023 and August 2024 the exports of United States'   Prefabricated Buildings have decreased by $-3.59M (-6.4%) from $56M to $52.5M, while imports increased by $12.4M (21.4%) from $58.1M to $70.5M.

Destinations In August 2024, Prefabricated Buildings were exported mostly to Canada ($32.1M), Mexico ($4.55M), Saudi Arabia ($2.87M), Peru ($1.83M), and Italy ($1.26M), and were imported mostly from Canada ($24M), China ($19M), Mexico ($4.68M), Israel ($3.57M), and Vietnam ($2.43M).

Growth In August 2024, the decrease in Prefabricated Buildings's year-by-year exports was explained primarily by a decrease in exports to Angola ($-4.79M or -96.8%), Cyprus ($-595k or -32.4%), and Mexico ($-495k or -19.2%). In August 2024, the increase in Prefabricated Buildings's year-by-year imports was explained primarily by an increase in imports from Mexico ($2.53M or 86%), Poland ($2.39M or 257%), and Canada ($2.18M or 14%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-3.59M(-6.4%)
IMPORT GROWTH (August 2023 - August 2024)$12.4M(21.4%)
MAIN EXPORTER (August 2024)Utah$10.9M
MAIN DESTINATION (August 2024)Canada$32.1M

This section shows Prefabricated Buildings'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 Prefabricated Buildings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$566M
IMPORTS (2022)$816M
NET TRADE (2022)-$251M

In 2022, United States exported $566M in Prefabricated Buildings. The main destinations of United States exports on Prefabricated Buildings were Canada ($308M), Mexico ($66.9M), Chinese Taipei ($14.4M), United Kingdom ($14.1M), and Germany ($12.7M).

In 2022, United States imported $816M in Prefabricated Buildings, mainly from Canada ($310M), China ($177M), Netherlands ($50.7M), Mexico ($47.4M), and Israel ($44.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prefabricated Buildings EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$34.1M (12.5%)
Mexico$24.8M (58.8%)
Chinese Taipei$13.5M (1.55k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prefabricated Buildings BY United States WERE (2021 - 2022):
Malaysia-$7.29M (-97.8%)
Latvia-$4.26M (-98%)
Niger-$3.42M (-99.6%)
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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 Prefabricated Buildings were:
China $2.73B
Czechia $635M
Estonia $601M
In 2022, United States's main importing competitors in Prefabricated Buildings were:
Germany $1.54B
France $605M

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Trade Value of Prefabricated Buildings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $10.4M
TOP IMPORT POTENTIALChina+ $49.5M

Prefabricated Buildings’s highest export potential is Germany. With an export gap of $10.4M.   Prefabricated Buildings’s highest import potential is China with an import gap of $49.5M.

See methodology.

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