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2022
Exports $1.79BWorld Rnk 2 / 111
Flag Rnk 174 / 1217
2022
Destination $48M Canada
2021 - 2022
FASTEST GROWING MARKET $48MSouth Korea
2022
PRODUCT COMPLEXITY IN Amine Compounds1.07Rnk 147 / 1025
2022
Imports $1.12BWorld Rnk 2 / 188
Flag Rnk 373 / 1216
2022
Origin $47.5MN/A
2021 - 2022
FASTEST GROWING ORIGIN $47.5MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.79B in Amine Compounds, making it the 2nd largest exporter of Amine Compounds in the world. At the same year, Amine Compounds was the 174th most exported product in United States. The main destination of Amine Compounds exports from United States are: Canada ($261M), Japan ($206M), South Korea ($206M), Belgium ($198M), and China ($150M).

The fastest growing export markets for Amine Compounds of United States between 2021 and 2022 were South Korea ($48M), Netherlands ($45.1M), and Belgium ($43.8M).

Imports In 2022, United States imported $1.12B in Amine Compounds, becoming the 2nd largest importer of Amine Compounds in the world. At the same year, Amine Compounds was the 373rd most imported product in United States. United States imports Amine Compounds primarily from: N/A.

The fastest growing import markets in Amine Compounds for United States between 2021 and 2022 were China ($47.5M), Belgium ($22.2M), and Japan ($21.7M).

COMPANIES In 2023, leading companies such as Busa Distribution Center (748), LG Electronics (611), and IKEA Group (558) were at the forefront of shipping Amine Compounds to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Amine Compounds exports accounted up to $122M and imports accounted up to $71.8M, resulting in a positive trade balance of $50.3M. Between June 2023 and June 2024 the exports of United States'   Amine Compounds have increased by $9.78M (8.71%) from $112M to $122M, while imports increased by $8.05M (12.6%) from $63.7M to $71.8M.

Destinations In June 2024, Amine Compounds were exported mostly to South Korea ($20.7M), Japan ($19.6M), China ($15.8M), Canada ($14.5M), and Belgium ($13.1M), and were imported mostly from China ($13.4M), Germany ($10.7M), Belgium ($10.3M), Japan ($7.66M), and India ($6.98M).

Growth In June 2024, the increase in Amine Compounds's year-by-year exports was explained primarily by an increase in exports to Netherlands ($17.1M or 759%), China ($16M or 354%), and Spain ($4.94M or 761%). In June 2024, the increase in Amine Compounds's year-by-year imports was explained primarily by an increase in imports from Portugal ($5.08M or 357%), Italy ($3.94M or 483%), and Japan ($3.62M or 63.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$9.78M(8.71%)
IMPORT GROWTH (June 2023 - June 2024)$8.05M(12.6%)
MAIN EXPORTER (June 2024)Texas$56.8M
MAIN DESTINATION (June 2024)South Korea$20.7M

This section shows Amine Compounds'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 Amine Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.79B
IMPORTS (2022)$1.12B
NET TRADE (2022)$674M

In 2022, United States exported $1.79B in Amine Compounds. The main destinations of United States exports on Amine Compounds were Canada ($261M), Japan ($206M), South Korea ($206M), Belgium ($198M), and China ($150M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Amine Compounds EXPORT MARKETS FOR United States WERE (2021 - 2022):
South Korea$48M (30.5%)
Netherlands$45.1M (101%)
Belgium$43.8M (28.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Amine Compounds BY United States WERE (2021 - 2022):
Switzerland-$37.3M (-65.1%)
Chinese Taipei-$1.87M (-4.44%)
Austria-$1.25M (-62%)
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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 Amine Compounds were:
China $3.45B
Belgium $1.51B
In 2022, United States's main importing competitors in Amine Compounds were:
Germany $1.78B
India $953M

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Trade Value of Amine Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $27.1M
TOP IMPORT POTENTIALChina+ $52.3M

Amine Compounds’s highest export potential is India. With an export gap of $27.1M.   Amine Compounds’s highest import potential is China with an import gap of $52.3M.

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