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2022
Exports $12.6MWorld Rnk 10 / 87
Flag Rnk 3065 / 4632
2022
Destination $1.48M Canada
2021 - 2022
FASTEST GROWING MARKET $1.48MCanada
2022
Imports $105MWorld Rnk 1 / 174
Flag Rnk 2067 / 4573
2022
Origin $11.7M Canada
2021 - 2022
FASTEST GROWING ORIGIN $11.7MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $12.6M in Sodium triphosphate, making it the 10th largest exporter of Sodium triphosphate in the world. At the same year, Sodium triphosphate was the 3065th most exported product in United States. The main destination of Sodium triphosphate exports from United States are: Canada ($3.43M), Mexico ($2.53M), China ($1.3M), Hong Kong ($959k), and United Kingdom ($860k).

The fastest growing export markets for Sodium triphosphate of United States between 2021 and 2022 were Canada ($1.48M), China ($976k), and Hong Kong ($959k).

Imports In 2022, United States imported $105M in Sodium triphosphate, becoming the 1st largest importer of Sodium triphosphate in the world. At the same year, Sodium triphosphate was the 2067th most imported product in United States. United States imports Sodium triphosphate primarily from: Canada ($45.6M), Belgium ($23.9M), China ($9.33M), Thailand ($7.84M), and Tunisia ($6.32M).

The fastest growing import markets in Sodium triphosphate for United States between 2021 and 2022 were Canada ($11.7M), Belgium ($7.36M), and China ($5.26M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Sodium triphosphate to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Sodium triphosphate exports accounted up to $784k and imports accounted up to $5.31M, resulting in a negative trade balance of $4.53M. Between June 2023 and June 2024 the exports of United States'   Sodium triphosphate have decreased by $-72.3k (-8.45%) from $856k to $784k, while imports increased by $71.7k (1.37%) from $5.24M to $5.31M.

Destinations In June 2024, Sodium triphosphate were exported mostly to Canada ($304k), Mexico ($266k), Dominican Republic ($51k), Germany ($43.4k), and Australia ($39.2k), and were imported mostly from Belgium ($2.19M), China ($1.04M), Canada ($836k), Tunisia ($490k), and Thailand ($389k).

Growth In June 2024, the decrease in Sodium triphosphate's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Sodium triphosphate's year-by-year imports was explained primarily by an increase in imports from Belgium ($1.73M or 139%), China ($218k or 64.6%), and Mexico ($135k or 95.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-72.3k(-8.45%)
IMPORT GROWTH (June 2023 - June 2024)$71.7k(1.37%)
MAIN DESTINATION (June 2024)Canada$304k

This section shows Sodium triphosphate'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 Sodium triphosphate over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.6M
IMPORTS (2022)$105M
NET TRADE (2022)-$92.4M

In 2022, United States exported $12.6M in Sodium triphosphate. The main destinations of United States exports on Sodium triphosphate were Canada ($3.43M), Mexico ($2.53M), China ($1.3M), Hong Kong ($959k), and United Kingdom ($860k).

In 2022, United States imported $105M in Sodium triphosphate, mainly from Canada ($45.6M), Belgium ($23.9M), China ($9.33M), Thailand ($7.84M), and Tunisia ($6.32M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sodium triphosphate EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$1.48M (75.9%)
China$976k (303%)
Hong Kong$959k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sodium triphosphate BY United States WERE (2021 - 2022):
Australia-$671k (-55.2%)
South Africa-$113k (-99.5%)
Israel-$107k (-52.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Sodium triphosphate were:
China $313M
Belgium $113M
Canada $53.3M
In 2022, United States's main importing competitors in Sodium triphosphate were:
India $55.9M
Brazil $44.5M

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Trade Value of Sodium triphosphate by Exporters

Keep Exploring

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