Photographic Chemicals in United States

EXPORTS (2018): $556M, World Rnk 4 / 119
Flag Rnk 339 / 1222

TOP DESTINATION (2018): $74.9M, China

FASTEST GROWING MARKET (2017 - 2018): $14.9M, Ireland

IMPORTS (2018): $717M, World Rnk 3 / 203
Flag Rnk 412 / 1217

TOP ORIGIN (2018): $599M, Japan

FASTEST GROWING ORIGIN (2017 - 2018): $22.1M, Netherlands

ECONOMIC COMPLEXITY of United States (2018): 1.57, Rnk 9 / 137

PRODUCT COMPLEXITY  IN Photographic Chemicals (2018): 2.37, Rnk 3 / 1018

Overview: This page contains the latest trade data of Photographic Chemicals in United States.

Exports: In 2018, United States exported $556M in Photographic Chemicals, making it the 4th largest exporter of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 339th most exported product in United States. The main destination of Photographic Chemicals exports from United States are: China ($74.9M), Chinese Taipei ($64.7M), Mexico ($63.2M), Ireland ($51M), and Singapore ($35.7M).

The fastest growing export markets for Photographic Chemicals of United States between 2017 and 2018 were Ireland ($14.9M), Hong Kong ($8.89M), and Chile ($8.55M).

Imports: In 2018, United States imported $717M in Photographic Chemicals, becoming the 3rd largest importer of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 412th most imported product in United States. United States imports Photographic Chemicals primarily from: Japan ($599M), South Korea ($33M), Netherlands ($27.8M), China ($13.2M), and Belgium-Luxembourg ($12.7M).

The fastest growing import markets in Photographic Chemicals for United States between 2017 and 2018 were Netherlands ($22.1M), Mexico ($1.18M), and China ($1.04M).

Tariffs: In 2017, the average tariff for United States in Photographic Chemicals was 0.95%. The countries with the highest import tariffs for Photographic Chemicals were Equatorial Guinea (2%), Libya (2%), Mayotte (2%), Reunion (2%), and Sudan (2%).

Overview: In July 2020 United States' Photographic Chemicals exports accounted up to $40.4M and imports accounted up to $35.6M, resulting in a positive trade balance of $4.8M. Between July 2019 and July 2020 the exports of United States'   Photographic Chemicals have decreased by $-5.65M (-12.3%) from $46M to $40.4M, while imports decreased by $-10.6M (-23%) from $46.2M to $35.6M.

Destinations: In July 2020 Photographic Chemicals exported mostly to China ($6.8M), Taiwan ($6.65M), Japan ($4.03M), Singapore ($3.21M), and Belgium ($2.91M), and imported mostly from Japan ($28.8M), South Korea ($3.48M), Spain ($1.16M), Belgium ($832k), and Canada ($458k).

Growth: In July 2020, the decrease in Photographic Chemicals's year-by-year exports was explained primarily by a decrease in exports to Ireland ($-3.41M or -70.2%), Mexico ($-2.37M or -46.9%), and Chile ($-1.04M or -85.9%). In July 2020, the decrease in Photographic Chemicals's year-by-year imports was explained primarily by a decrease in imports from Japan ($-28.5M or -48.2%), South Korea ($-1.19M or -35%), and Spain ($-584k or -62.2%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): $-5.65M, (-12.3%)

IMPORT GROWTH (July 2019 - July 2020): $-10.6M, (-23%)

MAIN EXPORTER (July 2020): New Jersey, $11.7M

MAIN DESTINATION (July 2020): China, $6.8M

This section shows Photographic Chemicals'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 Photographic Chemicals over time.

Value

EXPORTS (2018): $556M

IMPORTS (2018): $717M

NET TRADE (2018): -$162M

In 2018, United States exported $556M in Photographic Chemicals. The main destinations of United States exports on Photographic Chemicals were China ($74.9M), Chinese Taipei ($64.7M), Mexico ($63.2M), Ireland ($51M), and Singapore ($35.7M).

In 2018, United States imported $717M in Photographic Chemicals, mainly from Japan ($599M), South Korea ($33M), Netherlands ($27.8M), China ($13.2M), and Belgium-Luxembourg ($12.7M).

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IN 2018, United States HAD A POSITIVE NET TRADE IN Photographic Chemicals WITH:

  • Chinese Taipei, $62.3M ($64.7M - $2.37M)
  • China, $61.7M ($74.9M - $13.2M)
  • Mexico, $61.1M ($63.2M - $2.08M)

IN 2018, United States HAD A NEGATIVE NET TRADE IN Photographic Chemicals WITH:

  • Japan, -$572M ($26.4M - $599M)
  • Netherlands, -$15M ($12.8M - $27.8M)
  • Spain, -$4.24M ($2.55M - $6.79M)
Flow

THE FASTEST GROWING Photographic Chemicals EXPORT MARKETS FOR United States WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photographic Chemicals BY United States WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, United States's main exporting competitors in Photographic Chemicals were:

In 2018, United States's main importing competitors in Photographic Chemicals were:

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Trade Forecasts

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This section shows forecasts for total exports and imports, for Photographic Chemicals in United States. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the average tariff for United States in Photographic Chemicals was 0.95%.

The countries with the highest tariffs for Photographic Chemicals in United States were Equatorial Guinea (2%), Libya (2%), Mayotte (2%), Reunion (2%), and Sudan (2%).

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