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2022
Exports $8.1BWorld Rnk 1 / 123
Flag Rnk 39 / 1217
2022
Destination $488M China
2021 - 2022
FASTEST GROWING MARKET $488MBelgium
2022
PRODUCT COMPLEXITY IN Acyclic Hydrocarbons0.31Rnk 441 / 1025
2022
Imports $2.08BWorld Rnk 3 / 196
Flag Rnk 240 / 1216
2022
Origin $95.6M Canada
2021 - 2022
FASTEST GROWING ORIGIN $95.6MNetherlands
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $8.1B in Acyclic Hydrocarbons, making it the 1st largest exporter of Acyclic Hydrocarbons in the world. At the same year, Acyclic Hydrocarbons was the 39th most exported product in United States. The main destination of Acyclic Hydrocarbons exports from United States are: China ($1.39B), Belgium ($965M), India ($872M), Canada ($848M), and Mexico ($627M).

The fastest growing export markets for Acyclic Hydrocarbons of United States between 2021 and 2022 were Belgium ($488M), China ($487M), and Canada ($187M).

Imports In 2022, United States imported $2.08B in Acyclic Hydrocarbons, becoming the 3rd largest importer of Acyclic Hydrocarbons in the world. At the same year, Acyclic Hydrocarbons was the 240th most imported product in United States. United States imports Acyclic Hydrocarbons primarily from: Canada ($1.16B), Netherlands ($239M), Brazil ($183M), South Africa ($137M), and South Korea ($126M).

The fastest growing import markets in Acyclic Hydrocarbons for United States between 2021 and 2022 were Netherlands ($95.6M), Brazil ($77.7M), and China ($67.2M).

COMPANIES In 2023, leading companies such as Mahle Behr (31), ES Houseware (17), and Electrolux (6) were at the forefront of shipping Acyclic Hydrocarbons to the United States.

Latest Trends

October 2024

About

Overview In October 2024 United States' Acyclic Hydrocarbons exports accounted up to $772M and imports accounted up to $127M, resulting in a positive trade balance of $645M. Between October 2023 and October 2024 the exports of United States'   Acyclic Hydrocarbons have increased by $103M (15.5%) from $668M to $772M, while imports increased by $11.1M (9.59%) from $116M to $127M.

Destinations In October 2024, Acyclic Hydrocarbons were exported mostly to China ($133M), South Korea ($53.3M), Indonesia ($52.5M), Morocco ($52M), and Belgium ($47.9M), and were imported mostly from Canada ($118M), Brazil ($3.29M), South Korea ($2.19M), South Africa ($1.36M), and China ($630k).

Growth In October 2024, the increase in Acyclic Hydrocarbons's year-by-year exports was explained primarily by an increase in exports to China ($103M or 205%), Indonesia ($33.8M or 20k%), and Norway ($21.3M or 116%). In October 2024, the increase in Acyclic Hydrocarbons's year-by-year imports was explained primarily by an increase in imports from Netherlands ($8.67M or 410%), South Africa ($4.91M or 41.3%), and Belgium ($621k or 44%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$103M(15.5%)
IMPORT GROWTH (October 2023 - October 2024)$11.1M(9.59%)
MAIN EXPORTER (October 2024)Texas$736M
MAIN DESTINATION (October 2024)China$133M

This section shows Acyclic Hydrocarbons'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 Acyclic Hydrocarbons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.1B
IMPORTS (2022)$2.08B
NET TRADE (2022)$6.02B

In 2022, United States exported $8.1B in Acyclic Hydrocarbons. The main destinations of United States exports on Acyclic Hydrocarbons were China ($1.39B), Belgium ($965M), India ($872M), Canada ($848M), and Mexico ($627M).

In 2022, United States imported $2.08B in Acyclic Hydrocarbons, mainly from Canada ($1.16B), Netherlands ($239M), Brazil ($183M), South Africa ($137M), and South Korea ($126M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Acyclic Hydrocarbons EXPORT MARKETS FOR United States WERE (2021 - 2022):
Belgium$488M (102%)
China$487M (54%)
Canada$187M (28.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Acyclic Hydrocarbons BY United States WERE (2021 - 2022):
Indonesia-$87.5M (-44.9%)
Cote d'Ivoire-$13.8M (-74.5%)
Singapore-$8.6M (-16%)
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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 Acyclic Hydrocarbons were:
South Korea $3.75B
Netherlands $2.66B
In 2022, United States's main importing competitors in Acyclic Hydrocarbons were:
China $5.81B
Belgium $3.29B

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Trade Value of Acyclic Hydrocarbons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $60.3M
TOP IMPORT POTENTIALSouth Korea+ $48.5M

Acyclic Hydrocarbons’s highest export potential is Canada. With an export gap of $60.3M.   Acyclic Hydrocarbons’s highest import potential is South Korea with an import gap of $48.5M.

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