2022
Exports | Imports
$1.31B | $662MWorld Rnk 1 / 123
Flag Rnk 224 / 1217
World Rnk 2 / 197
Flag Rnk 479 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Petroleum Resins
1.4Rnk 64 / 1025

About

Exports In 2022, United States exported $1.31B in Petroleum Resins, making it the 1st largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 224th most exported product in United States. The main destination of Petroleum Resins exports from United States are: China ($225M), Mexico ($181M), Canada ($141M), Netherlands ($114M), and Belgium ($90.4M).

The fastest growing export markets for Petroleum Resins of United States between 2021 and 2022 were China ($40M), Mexico ($33M), and Netherlands ($28.6M).

Imports In 2022, United States imported $662M in Petroleum Resins, becoming the 2nd largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 479th most imported product in United States. United States imports Petroleum Resins primarily from: Germany ($144M), China ($109M), Japan ($100M), Canada ($76.4M), and South Korea ($57.4M).

The fastest growing import markets in Petroleum Resins for United States between 2021 and 2022 were China ($39.6M), Canada ($32.9M), and Germany ($14.1M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (3.03k), IKEA SUPPLY AG (2.96k), and ELECTROLUX HOME PRODUCTS, INC. (420) were at the forefront of shipping Petroleum Resins to the United States.

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$-33.4M(-30.5%)
IMPORT GROWTH (December 2022 - December 2023)$-11.1M(-22%)
MAIN EXPORTER (December 2023)
MAIN DESTINATION (December 2023)Belgium$14.6M

This section shows Petroleum Resins'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 Petroleum Resins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.31B
IMPORTS (2022)$662M
NET TRADE (2022)$653M

In 2022, United States exported $1.31B in Petroleum Resins. The main destinations of United States exports on Petroleum Resins were China ($225M), Mexico ($181M), Canada ($141M), Netherlands ($114M), and Belgium ($90.4M).

In 2022, United States imported $662M in Petroleum Resins, mainly from Germany ($144M), China ($109M), Japan ($100M), Canada ($76.4M), and South Korea ($57.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$40M (21.7%)
Mexico$33M (22.2%)
Netherlands$28.6M (33.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY United States WERE (2021 - 2022):
Singapore-$11.2M (-25.8%)
France-$10.2M (-26.3%)
Switzerland-$5.03M (-57.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Petroleum Resins were:
China $1.28B
Germany $1.24B
In 2022, United States's main importing competitors in Petroleum Resins were:

Explore Visualizations

Trade Value of Petroleum Resins by Exporters

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