Shaped Wood in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $320M in Shaped Wood, making it the 7th largest exporter of Shaped Wood in the world. At the same year, Shaped Wood was the 484th most exported product in United States. The main destination of Shaped Wood exports from United States are: Mexico ($200M), Canada ($64.8M), Bahamas ($16.6M), Grenada ($4.47M), and Japan ($4.38M).

The fastest growing export markets for Shaped Wood of United States between 2021 and 2022 were Mexico ($44.5M), Bahamas ($3.92M), and Grenada ($2.61M).

Imports In 2022, United States imported $2.02B in Shaped Wood, becoming the 1st largest importer of Shaped Wood in the world. At the same year, Shaped Wood was the 247th most imported product in United States. United States imports Shaped Wood primarily from: Brazil ($714M), Chile ($406M), Canada ($184M), China ($124M), and Indonesia ($86.1M).

The fastest growing import markets in Shaped Wood for United States between 2021 and 2022 were Brazil ($192M), Chile ($78.6M), and Germany ($36M).

COMPANIES In 2023, leading companies such as MELISSA & DOUG, LLC (201), BEDROSIANS TILE & STONE (19), and COSTCO WHOLESALE COPRORATION (17) were at the forefront of shipping Shaped Wood to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Shaped Wood exports accounted up to $24.1M and imports accounted up to $116M, resulting in a negative trade balance of $91.9M. Between February 2023 and February 2024 the exports of United States' Shaped Wood have decreased by $-3.89M (-13.9%) from $28M to $24.1M, while imports increased by $7.03M (6.45%) from $109M to $116M.

Destinations In February 2024, Shaped Wood were exported mostly to Mexico ($17.1M), Canada ($4.6M), Bahamas ($558k), Sint Maarten ($524k), and Brazil ($236k), and were imported mostly from Brazil ($38.9M), Chile ($20.7M), Canada ($11.6M), Mexico ($10M), and Vietnam ($7.98M).

Growth In February 2024, the decrease in Shaped Wood's year-by-year exports was explained primarily by a decrease in exports to Canada ($-973k or -16.4%), Bahamas ($-394k or -32.9%), and Japan ($-120k or -55.1%). In February 2024, the increase in Shaped Wood's year-by-year imports was explained primarily by an increase in imports from Belgium ($1.52M or 328%), Italy ($1.06M or 56.3%), and Thailand ($738k or 466%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-3.89M(-13.9%)

IMPORT GROWTH (February 2023 - February 2024)$7.03M(6.45%)

MAIN EXPORTER (February 2024)California$13.9M

MAIN DESTINATION (February 2024)Mexico$17.1M

This section shows Shaped Wood'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 Shaped Wood over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$320M

IMPORTS (2022)$2.02B

NET TRADE (2022)-$1.7B

In 2022, United States exported $320M in Shaped Wood. The main destinations of United States exports on Shaped Wood were Mexico ($200M), Canada ($64.8M), Bahamas ($16.6M), Grenada ($4.47M), and Japan ($4.38M).

In 2022, United States imported $2.02B in Shaped Wood, mainly from Brazil ($714M), Chile ($406M), Canada ($184M), China ($124M), and Indonesia ($86.1M).

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