Saturated Acyclic Monocarboxylic Acids in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $2.63B in Saturated Acyclic Monocarboxylic Acids, making it the 2nd largest exporter of Saturated Acyclic Monocarboxylic Acids in the world. At the same year, Saturated Acyclic Monocarboxylic Acids was the 122nd most exported product in United States. The main destination of Saturated Acyclic Monocarboxylic Acids exports from United States are: Mexico ($520M), Belgium ($450M), Canada ($252M), Brazil ($221M), and Netherlands ($184M).

The fastest growing export markets for Saturated Acyclic Monocarboxylic Acids of United States between 2021 and 2022 were Belgium ($133M), United Kingdom ($45.8M), and Canada ($44.8M).

Imports In 2022, United States imported $1.32B in Saturated Acyclic Monocarboxylic Acids, becoming the 4th largest importer of Saturated Acyclic Monocarboxylic Acids in the world. At the same year, Saturated Acyclic Monocarboxylic Acids was the 339th most imported product in United States. United States imports Saturated Acyclic Monocarboxylic Acids primarily from: Germany ($153M), Mexico ($142M), India ($138M), China ($137M), and Malaysia ($127M).

The fastest growing import markets in Saturated Acyclic Monocarboxylic Acids for United States between 2021 and 2022 were India ($31.1M), China ($29.7M), and Germany ($26.2M).

COMPANIES In 2023, leading companies such as COSTCO WHOLESALE COPRORATION (1.57k), AMERICAN OMNI TRADING (1.55k), and LG ELECTRONICS U.S.A. INC. (1.25k) were at the forefront of shipping Saturated Acyclic Monocarboxylic Acids to the United States.

Latest Trends

January 2024

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Overview In January 2024 United States' Saturated Acyclic Monocarboxylic Acids exports accounted up to $135M and imports accounted up to $128M, resulting in a positive trade balance of $7.39M. Between January 2023 and January 2024 the exports of United States' Saturated Acyclic Monocarboxylic Acids have decreased by $-91.1M (-40.2%) from $227M to $135M, while imports increased by $21.8M (20.5%) from $106M to $128M.

Destinations In January 2024, Saturated Acyclic Monocarboxylic Acids were exported mostly to Belgium ($32.6M), Mexico ($29.3M), Canada ($16.5M), Brazil ($9.92M), and Netherlands ($8.22M), and were imported mostly from Malaysia ($56M), Germany ($9.91M), China ($9.23M), Netherlands ($9.16M), and Mexico ($8.47M).

Growth In January 2024, the decrease in Saturated Acyclic Monocarboxylic Acids's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-24.5M or -36.9%), Netherlands ($-12.8M or -65.2%), and China ($-5.52M or -68.8%). In January 2024, the increase in Saturated Acyclic Monocarboxylic Acids's year-by-year imports was explained primarily by an increase in imports from France ($12M or 313%), Germany ($4.3M or 56.4%), and Indonesia ($4.03M or 78.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-91.1M(-40.2%)

IMPORT GROWTH (January 2023 - January 2024)$21.8M(20.5%)

MAIN EXPORTER (January 2024)Texas$85.7M

MAIN DESTINATION (January 2024)Belgium$32.6M

This section shows Saturated Acyclic Monocarboxylic Acids'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 Saturated Acyclic Monocarboxylic Acids over time.

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