Imports: Insulated wire, cable
Total Imports Compared to the same month a year ago
Compared to last month
Total All Imports Compared to the same month a year ago
Compared to last month
RankAmong U.S. Imports
Rank 2022
U.S. imports of Insulated wire, cable totaled $2.59 billion in March, a change of 2.89 percent from the same month one year ago. The change from one month ago was 12.28 percent. Among more than 1,260 commodity classifications, Insulated wire, cable ranked No. 14 in March. It had ranked No. 18 for the same month last year.
While Insulated wire, cable ranked No. 14 in March by value, it ranked No. 89 by tonnage. The top three U.S. markets by value for Insulated wire, cable imports in March were (1) Mexico, (2) China, and (3) Vietnam. Among the nation's more than 450 airports, seaports and border crossings, the top three by value were (1) Passenger vehicles, (2) Oil, and (3) Cell phones, related equipment.
Top Sources
| Rank | Country | YTD |
|---|---|---|
| 1 | Mexico | $3.9 billion |
| 2 | China | $722.7 million |
| 3 | Vietnam | $334.5 million |
| 4 | South Korea | $236.1 million |
| 5 | Philippines | $226.6 million |
| 6 | Honduras | $218 million |
| 7 | Canada | $206.4 million |
| 8 | Nicaragua | $195.8 million |
| 9 | India | $184.3 million |
| 10 | Taiwan | $124.5 million |
Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Port Laredo | $1.6 billion |
| 2 | Ysleta, Texas | $1.3 billion |
| 3 | Port of Los Angeles | $485.8 million |
| 4 | Nogales Border Crossing, Ariz. | $380.9 million |
| 5 | Pharr International Bridge in Texas | $378.4 million |
| 6 | Port of Newark | $278.5 million |
| 7 | Port of Houston | $225.7 million |
| 8 | Port Miami | $201.8 million |
| 9 | Port of Long Beach | $184 million |
| 10 | Eagle Pass | $169.8 million |
U.S. imports of Insulated wire, cable increased 9.96 percent through March to $7.3 billion
U.S. imports of Insulated wire, cable increased 9.96 percent from $6.64 billion to $7.3 billion through the first three months of 2023 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.
The category ranked 14 through March among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 15 for the last full year with a total value of $29.1 billion, a $4.89 billion, 20.19 percent increase from the 2021 total.
Through March of this year the leading sources were No. 1 Mexico, No. 2 China, No. 3 Vietnam, No. 4 South Korea and No. 5 Philippines. The leading gateways were No. 1 Port Laredo, No. 2 Ysleta, Texas, No. 3 Port of Los Angeles, No. 4 Nogales Border Crossing, Ariz. and No. 5 Pharr International Bridge in Texas.
In the last previous full year, the leading sources were No. 1 Mexico, No. 2 China, No. 3 Vietnam, No. 4 Philippines and No. 5 Taiwan. The leading gateways were No. 1 Port Laredo, No. 2 Ysleta, Texas, No. 3 Port of Los Angeles, No. 4 Pharr International Bridge in Texas and No. 5 Nogales Border Crossing, Ariz..
Looking at specific airports, seaports and border crossings, the top five through the first three months of the year were:
Highlights for the top five ports:
- Port Laredo rose 18.64 percent compared to last year to $1.56 billion.
- Ysleta, Texas rose 24.28 percent compared to last year to $1.25 billion.
- Port of Los Angeles fell 5.63 percent compared to last year to $485.75 million.
- Nogales Border Crossing, Ariz. rose 10.77 percent compared to last year to $380.92 million.
- Pharr International Bridge in Texas rose 11.7 percent compared to last year to $378.42 million.
There are several hundred airports, seaports and border crossings that handle international trade; they are, in turn, part of the roughly four dozen U.S. Customs districts.
Highlights for the top five foreign markets:
- U.S. imports from No. 1 Mexico increased $530.62 million, 15.89 percent, (53.02 percent market share).
- U.S. imports from No. 2 China decreased $181.46 million, 20.07 percent, (9.9 percent market share).
- U.S. imports from No. 3 Vietnam decreased $49.65 million, 12.93 percent, (4.58 percent market share).
- U.S. imports from No. 4 South Korea increased $87.71 million, 59.11 percent, (3.23 percent market share).
- U.S. imports from No. 5 Philippines increased $20.32 million, 9.85 percent, (3.1 percent market share).
All totaled, 73.84 percent of all these Insulated wire, cable imports to the United States were shipped from the top five markets through March of this year. That is equal to $5.39 billion of the $7.3 billion total.
All totaled, 55.6 percent of all these Insulated wire, cable imports to the United States were shipped to the top five Ports through March of this year. That is equal to $4.06 billion of the $7.3 billion total