Pearls in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $25.3M in Pearls, making it the 10th largest exporter of Pearls in the world. At the same year, Pearls was the 954th most exported product in United States. The main destination of Pearls exports from United States are: Hong Kong ($4.71M), Japan ($4.24M), Singapore ($3.03M), United Arab Emirates ($2.86M), and Canada ($1.35M).

The fastest growing export markets for Pearls of United States between 2021 and 2022 were Singapore ($2.96M), United Arab Emirates ($2.82M), and Australia ($977k).

Imports In 2022, United States imported $69.5M in Pearls, becoming the 3rd largest importer of Pearls in the world. At the same year, Pearls was the 923rd most imported product in United States. United States imports Pearls primarily from: Japan ($20M), Hong Kong ($9.7M), Australia ($8.38M), China ($7.02M), and Thailand ($5.71M).

The fastest growing import markets in Pearls for United States between 2021 and 2022 were Australia ($5.85M), Hong Kong ($2M), and United Kingdom ($1.85M).

COMPANIES In 2023, leading companies such as PHILIPS CONSUMER LIFESTYLE (14), TMALL, INC. (3), and NISSAN NORTH AMERICA, INC. (1) were at the forefront of shipping Pearls to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Pearls exports accounted up to $4.47M and imports accounted up to $6.74M, resulting in a negative trade balance of $2.27M. Between February 2023 and February 2024 the exports of United States' Pearls have increased by $276k (6.6%) from $4.19M to $4.47M, while imports increased by $1.68M (33.3%) from $5.05M to $6.74M.

Destinations In February 2024, Pearls were exported mostly to Bahrain ($2.43M), Hong Kong ($610k), Thailand ($599k), Italy ($231k), and Australia ($189k), and were imported mostly from Qatar ($2.79M), China ($1.35M), Japan ($1.25M), Hong Kong ($416k), and Australia ($337k).

Growth In February 2024, the increase in Pearls's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($63.1k or 30.6%), Costa Rica ($20.6k or 122%), and Mexico ($12.5k or 484%). In February 2024, the increase in Pearls's year-by-year imports was explained primarily by an increase in imports from Indonesia ($184k or 43.6%), Philippines ($57.3k or 119%), and France ($44.9k or 39.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$276k(6.6%)

IMPORT GROWTH (February 2023 - February 2024)$1.68M(33.3%)

MAIN EXPORTER (February 2024)New York$3.53M

MAIN DESTINATION (February 2024)Bahrain$2.43M

This section shows Pearls'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 Pearls over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$25.3M

IMPORTS (2022)$69.5M

NET TRADE (2022)-$44.3M

In 2022, United States exported $25.3M in Pearls. The main destinations of United States exports on Pearls were Hong Kong ($4.71M), Japan ($4.24M), Singapore ($3.03M), United Arab Emirates ($2.86M), and Canada ($1.35M).

In 2022, United States imported $69.5M in Pearls, mainly from Japan ($20M), Hong Kong ($9.7M), Australia ($8.38M), China ($7.02M), and Thailand ($5.71M).

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