Optical Fibers and optical fibre bundles in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $3.66B in Optical Fibers and optical fibre bundles, making it the 3rd largest exporter of Optical Fibers and optical fibre bundles in the world. At the same year, Optical Fibers and optical fibre bundles was the 96th most exported product in United States. The main destination of Optical Fibers and optical fibre bundles exports from United States are: Japan ($482M), China ($463M), Germany ($397M), South Korea ($387M), and Mexico ($343M).

The fastest growing export markets for Optical Fibers and optical fibre bundles of United States between 2021 and 2022 were Mexico ($119M), United Kingdom ($43.8M), and South Korea ($42.9M).

Imports In 2022, United States imported $3.8B in Optical Fibers and optical fibre bundles, becoming the 2nd largest importer of Optical Fibers and optical fibre bundles in the world. At the same year, Optical Fibers and optical fibre bundles was the 149th most imported product in United States. United States imports Optical Fibers and optical fibre bundles primarily from: Mexico ($669M), Germany ($659M), China ($362M), Ireland ($242M), and Japan ($238M).

The fastest growing import markets in Optical Fibers and optical fibre bundles for United States between 2021 and 2022 were Germany ($169M), India ($154M), and Mexico ($99.4M).

COMPANIES In 2023, leading companies such as FUYAO NORTH AMERICA INCORPORATED (1.29k), TOYOTA MOTOR MANUFACTURING (392), and IKEA SUPPLY AG (322) were at the forefront of shipping Optical Fibers and optical fibre bundles to the United States.

Latest Trends

February 2024

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Overview In February 2024 United States' Optical Fibers and optical fibre bundles exports accounted up to $252M and imports accounted up to $245M, resulting in a positive trade balance of $6.74M. Between February 2023 and February 2024 the exports of United States' Optical Fibers and optical fibre bundles have decreased by $-6.18M (-2.4%) from $258M to $252M, while imports decreased by $-13.9M (-5.36%) from $259M to $245M.

Destinations In February 2024, Optical Fibers and optical fibre bundles were exported mostly to Mexico ($34.1M), Japan ($30.8M), China ($30.1M), Germany ($29M), and Canada ($25.5M), and were imported mostly from Mexico ($52.2M), Germany ($27.8M), Ireland ($26M), China ($19.3M), and Thailand ($17.4M).

Growth In February 2024, the decrease in Optical Fibers and optical fibre bundles's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-20.5M or -65.7%), Japan ($-20M or -37%), and China ($-19.1M or -46.1%). In February 2024, the decrease in Optical Fibers and optical fibre bundles's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-5.9M or -60.1%), China ($-3.17M or -10.1%), and Costa Rica ($-2.01M or -52.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-6.18M(-2.4%)

IMPORT GROWTH (February 2023 - February 2024)$-13.9M(-5.36%)

MAIN EXPORTER (February 2024)Texas$31.2M

MAIN DESTINATION (February 2024)Mexico$34.1M

This section shows Optical Fibers and optical fibre bundles'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 Optical Fibers and optical fibre bundles over time.

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