Seats in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $3.41B in Seats, making it the 6th largest exporter of Seats in the world. At the same year, Seats was the 102nd most exported product in United States. The main destination of Seats exports from United States are: Canada ($1.42B), Mexico ($882M), United Kingdom ($105M), France ($89.8M), and China ($80.2M).

The fastest growing export markets for Seats of United States between 2021 and 2022 were Canada ($345M), United Arab Emirates ($26.1M), and Colombia ($24.4M).

Imports In 2022, United States imported $21.3B in Seats, becoming the 1st largest importer of Seats in the world. At the same year, Seats was the 21st most imported product in United States. United States imports Seats primarily from: China ($10.4B), Vietnam ($3.27B), Canada ($1.64B), Mexico ($1.6B), and Italy ($613M).

The fastest growing import markets in Seats for United States between 2021 and 2022 were Canada ($180M), Italy ($79.8M), and Malaysia ($63.5M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (4.75k), THE BRICK WAREHOUSE LP (3.4k), and GOPLUS CORP (2.08k) were at the forefront of shipping Seats to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Seats exports accounted up to $297M and imports accounted up to $2.17B, resulting in a negative trade balance of $1.87B. Between February 2023 and February 2024 the exports of United States' Seats have increased by $7.41M (2.56%) from $289M to $297M, while imports increased by $265M (13.9%) from $1.9B to $2.17B.

Destinations In February 2024, Seats were exported mostly to Canada ($142M), Mexico ($76.3M), United Kingdom ($9.31M), United Arab Emirates ($6.63M), and Japan ($5.49M), and were imported mostly from Mexico ($702M), China ($626M), Vietnam ($393M), Canada ($107M), and United Kingdom ($43.8M).

Growth In February 2024, the increase in Seats's year-by-year exports was explained primarily by an increase in exports to Canada ($17.4M or 14.4%), Mexico ($14.3M or 19.1%), and United Arab Emirates ($5.73M or 278%). In February 2024, the increase in Seats's year-by-year imports was explained primarily by an increase in imports from Mexico ($108M or 19.7%), United Kingdom ($11.3M or 47%), and Germany ($6.81M or 36.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$7.41M(2.56%)

IMPORT GROWTH (February 2023 - February 2024)$265M(13.9%)

MAIN EXPORTER (February 2024)Texas$65.3M

MAIN DESTINATION (February 2024)Canada$142M

This section shows Seats'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 Seats over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$3.41B

IMPORTS (2022)$21.3B

NET TRADE (2022)-$17.9B

In 2022, United States exported $3.41B in Seats. The main destinations of United States exports on Seats were Canada ($1.42B), Mexico ($882M), United Kingdom ($105M), France ($89.8M), and China ($80.2M).

In 2022, United States imported $21.3B in Seats, mainly from China ($10.4B), Vietnam ($3.27B), Canada ($1.64B), Mexico ($1.6B), and Italy ($613M).

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