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2022
Exports | Imports $127M | $57.3MWorld Rnk 1 / 113
Flag Rnk 692 / 1217
World Rnk 1 / 161
Flag Rnk 948 / 1216
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $8.39M | $3.94MSaudi Arabia |  United Kingdom
2022
ECONOMIC COMPLEXITY of United States1.41Rnk 10 / 124

About

Exports In 2022, United States exported $127M in Parachutes, making it the 1st largest exporter of Parachutes in the world. At the same year, Parachutes was the 692nd most exported product in United States. The main destination of Parachutes exports from United States are: Germany ($12.1M), Saudi Arabia ($8.43M), France ($7.62M), Canada ($7.59M), and Philippines ($7.25M).

The fastest growing export markets for Parachutes of United States between 2021 and 2022 were Saudi Arabia ($8.39M), Philippines ($7.25M), and Germany ($4.16M).

Imports In 2022, United States imported $57.3M in Parachutes, becoming the 1st largest importer of Parachutes in the world. At the same year, Parachutes was the 948th most imported product in United States. United States imports Parachutes primarily from: Canada ($16.3M), United Kingdom ($7.38M), Mexico ($5.03M), South Africa ($4.8M), and France ($4.33M).

The fastest growing import markets in Parachutes for United States between 2021 and 2022 were United Kingdom ($3.94M), Canada ($3.38M), and South Africa ($2.97M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Parachutes to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Parachutes exports accounted up to $11.9M and imports accounted up to $4.91M, resulting in a positive trade balance of $6.95M. Between January 2023 and January 2024 the exports of United States'   Parachutes have increased by $824k (7.46%) from $11M to $11.9M, while imports increased by $1.07M (27.8%) from $3.85M to $4.91M.

Destinations In January 2024, Parachutes were exported mostly to Australia ($2.36M), Germany ($1.73M), Singapore ($1.56M), Japan ($1.49M), and Uganda ($1.39M), and were imported mostly from Canada ($2.38M), United Kingdom ($1.45M), Mexico ($249k), Netherlands ($210k), and France ($191k).

Growth In January 2024, the increase in Parachutes's year-by-year exports was explained primarily by an increase in exports to Germany ($1.39M or 957%), Italy ($1.19M or 2.47k%), and Taiwan ($829k or 5.8k%). In January 2024, the increase in Parachutes's year-by-year imports was explained primarily by an increase in imports from United Kingdom ($177k or 25.2%), Netherlands ($67.2k or 92.7%), and Vietnam ($32.3k or 23.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$824k(7.46%)
IMPORT GROWTH (January 2023 - January 2024)$1.07M(27.8%)
MAIN EXPORTER (January 2024)Florida$3.91M
MAIN DESTINATION (January 2024)Australia$2.36M

This section shows Parachutes'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 Parachutes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$127M
IMPORTS (2022)$57.3M
NET TRADE (2022)$69.9M

In 2022, United States exported $127M in Parachutes. The main destinations of United States exports on Parachutes were Germany ($12.1M), Saudi Arabia ($8.43M), France ($7.62M), Canada ($7.59M), and Philippines ($7.25M).

In 2022, United States imported $57.3M in Parachutes, mainly from Canada ($16.3M), United Kingdom ($7.38M), Mexico ($5.03M), South Africa ($4.8M), and France ($4.33M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Parachutes EXPORT MARKETS FOR United States WERE (2021 - 2022):
Saudi Arabia$8.39M (24.4k%)
Philippines$7.25M (1%)
Germany$4.16M (52.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Parachutes BY United States WERE (2021 - 2022):
Norway-$3.46M (-35.7%)
Colombia-$2.29M (-52.7%)
China-$661k (-39.3%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Parachutes were:
Vietnam $37.5M
United Kingdom $29.9M
In 2022, United States's main importing competitors in Parachutes were:
France $43.1M
Germany $39.7M

Explore Visualizations

Trade Value of Parachutes by Exporters

Keep Exploring

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