Carbon in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $399M in Carbon, making it the 6th largest exporter of Carbon in the world. At the same year, Carbon was the 445th most exported product in United States. The main destination of Carbon exports from United States are: Canada ($105M), Mexico ($90.6M), China ($36.5M), Japan ($26.3M), and Germany ($26.1M).

The fastest growing export markets for Carbon of United States between 2021 and 2022 were Mexico ($41.9M), Canada ($37M), and Germany ($9.94M).

Imports In 2022, United States imported $449M in Carbon, becoming the 4th largest importer of Carbon in the world. At the same year, Carbon was the 569th most imported product in United States. United States imports Carbon primarily from: Canada ($211M), Mexico ($37M), Japan ($29.6M), Russia ($28.3M), and China ($28.2M).

The fastest growing import markets in Carbon for United States between 2021 and 2022 were Canada ($52.8M), China ($26.1M), and India ($12.8M).

COMPANIES In 2023, leading companies such as THE DOW CHEMICAL COMPANY (14), LG ELECTRONICS USA (8), and GOODYEAR TIRE & RUBBER CO. (7) were at the forefront of shipping Carbon to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Carbon exports accounted up to $28.1M and imports accounted up to $32.8M, resulting in a negative trade balance of $4.68M. Between February 2023 and February 2024 the exports of United States' Carbon have decreased by $-290k (-1.02%) from $28.4M to $28.1M, while imports decreased by $-85.3k (-0.26%) from $32.8M to $32.8M.

Destinations In February 2024, Carbon were exported mostly to Canada ($8.87M), Mexico ($7.03M), Switzerland ($3.23M), Japan ($2.35M), and China ($1.87M), and were imported mostly from Canada ($20.9M), India ($2.77M), Mexico ($1.98M), Singapore ($1.85M), and Japan ($1.76M).

Growth In February 2024, the decrease in Carbon's year-by-year exports was explained primarily by a decrease in exports to Belgium ($-3.75M or -97.8%), Germany ($-1.88M or -90.1%), and China ($-851k or -23.7%). In February 2024, the decrease in Carbon's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-491k or -73.6%), Russia ($-264k or -10.1%), and Belgium ($-194k or -40.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-290k(-1.02%)

IMPORT GROWTH (February 2023 - February 2024)$-85.3k(-0.26%)

MAIN EXPORTER (February 2024)Texas$15.8M

MAIN DESTINATION (February 2024)Canada$8.87M

This section shows Carbon'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 Carbon over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$399M

IMPORTS (2022)$449M

NET TRADE (2022)-$49.9M

In 2022, United States exported $399M in Carbon. The main destinations of United States exports on Carbon were Canada ($105M), Mexico ($90.6M), China ($36.5M), Japan ($26.3M), and Germany ($26.1M).

In 2022, United States imported $449M in Carbon, mainly from Canada ($211M), Mexico ($37M), Japan ($29.6M), Russia ($28.3M), and China ($28.2M).

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