Other Wood Articles in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $165M in Other Wood Articles, making it the 10th largest exporter of Other Wood Articles in the world. At the same year, Other Wood Articles was the 637th most exported product in United States. The main destination of Other Wood Articles exports from United States are: Canada ($111M), Mexico ($21.2M), Bahamas ($5.12M), United Kingdom ($3.2M), and Dominican Republic ($2.63M).

The fastest growing export markets for Other Wood Articles of United States between 2021 and 2022 were Canada ($32.5M), Bahamas ($1.83M), and United Arab Emirates ($857k).

Imports In 2022, United States imported $2.11B in Other Wood Articles, becoming the 1st largest importer of Other Wood Articles in the world. At the same year, Other Wood Articles was the 238th most imported product in United States. United States imports Other Wood Articles primarily from: China ($1.08B), Canada ($418M), Mexico ($180M), India ($92M), and Vietnam ($74.2M).

The fastest growing import markets in Other Wood Articles for United States between 2021 and 2022 were Vietnam ($37.3M), Cambodia ($11.1M), and Indonesia ($3.13M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS USA (6.87k), ASOS US SALES LLC (1.21k), and CRIMSONLOGIC US INC (516) were at the forefront of shipping Other Wood Articles to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Other Wood Articles exports accounted up to $15.6M and imports accounted up to $147M, resulting in a negative trade balance of $131M. Between February 2023 and February 2024 the exports of United States' Other Wood Articles have increased by $18.6k (0.12%) from $15.6M to $15.6M, while imports increased by $4.95M (3.48%) from $142M to $147M.

Destinations In February 2024, Other Wood Articles were exported mostly to Canada ($11.1M), Mexico ($1.74M), Dominican Republic ($834k), Bahamas ($557k), and Colombia ($145k), and were imported mostly from China ($58M), Canada ($30.6M), Brazil ($14.1M), Mexico ($13.8M), and Vietnam ($9.96M).

Growth In February 2024, the increase in Other Wood Articles's year-by-year exports was explained primarily by an increase in exports to Canada ($907k or 9.99%), Australia ($550k or 6.17k%), and Belgium ($536k or 10.8k%). In February 2024, the increase in Other Wood Articles's year-by-year imports was explained primarily by an increase in imports from Vietnam ($4.66M or 95.8%), Indonesia ($1.9M or 56.3%), and Canada ($1.65M or 5.85%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$18.6k(0.12%)

IMPORT GROWTH (February 2023 - February 2024)$4.95M(3.48%)

MAIN EXPORTER (February 2024)Washington$2.82M

MAIN DESTINATION (February 2024)Canada$11.1M

This section shows Other Wood Articles'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 Other Wood Articles over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$165M

IMPORTS (2022)$2.11B

NET TRADE (2022)-$1.94B

In 2022, United States exported $165M in Other Wood Articles. The main destinations of United States exports on Other Wood Articles were Canada ($111M), Mexico ($21.2M), Bahamas ($5.12M), United Kingdom ($3.2M), and Dominican Republic ($2.63M).

In 2022, United States imported $2.11B in Other Wood Articles, mainly from China ($1.08B), Canada ($418M), Mexico ($180M), India ($92M), and Vietnam ($74.2M).

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