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2022
Exports $10.3MWorld Rnk 3 / 62
Flag Rnk 1061 / 1217
2022
Destination $1.18M Vietnam
2021 - 2022
FASTEST GROWING MARKET $1.18MCanada
2022
Imports $25.4MWorld Rnk 1 / 103
Flag Rnk 1055 / 1216
2022
Origin $4.47M China
2021 - 2022
FASTEST GROWING ORIGIN $4.47MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $10.3M in Bismuth, making it the 3rd largest exporter of Bismuth in the world. At the same year, Bismuth was the 1061st most exported product in United States. The main destination of Bismuth exports from United States are: Vietnam ($2.96M), Canada ($1.87M), Mexico ($1.47M), Germany ($918k), and Brazil ($527k).

The fastest growing export markets for Bismuth of United States between 2021 and 2022 were Canada ($1.18M), Germany ($730k), and Mexico ($328k).

Imports In 2022, United States imported $25.4M in Bismuth, becoming the 1st largest importer of Bismuth in the world. At the same year, Bismuth was the 1055th most imported product in United States. United States imports Bismuth primarily from: China ($15.4M), South Korea ($3.8M), Hong Kong ($1.5M), Germany ($1.08M), and Mexico ($945k).

The fastest growing import markets in Bismuth for United States between 2021 and 2022 were China ($4.47M), South Korea ($1.57M), and Germany ($797k).

Latest Trends

August 2024

About

Overview In August 2024 United States' Bismuth exports accounted up to $7.05M and imports accounted up to $2.59M, resulting in a positive trade balance of $4.46M. Between August 2023 and August 2024 the exports of United States'   Bismuth have increased by $6.39M (968%) from $660k to $7.05M, while imports increased by $1.31M (102%) from $1.28M to $2.59M.

Destinations In August 2024, Bismuth were exported mostly to China ($5.92M), Germany ($246k), Mexico ($243k), Canada ($228k), and Belgium ($199k), and were imported mostly from South Korea ($1.49M), China ($838k), Mexico ($147k), Bolivia ($85.7k), and Chinese Taipei ($15.1k).

Growth In August 2024, the increase in Bismuth's year-by-year exports was explained primarily by an increase in exports to Canada ($59.5k or 120%), China ($53.2k or 100%), and Thailand ($12.6k or 135%). In August 2024, the increase in Bismuth's year-by-year imports was explained primarily by an increase in imports from Mexico ($51.6k or 189%) and United Kingdom ($780 or 33.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$6.39M(968%)
IMPORT GROWTH (August 2023 - August 2024)$1.31M(102%)
MAIN EXPORTER (August 2024)Connecticut$6.25M
MAIN DESTINATION (August 2024)China$5.92M

This section shows Bismuth'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 Bismuth over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.3M
IMPORTS (2022)$25.4M
NET TRADE (2022)-$15.2M

In 2022, United States exported $10.3M in Bismuth. The main destinations of United States exports on Bismuth were Vietnam ($2.96M), Canada ($1.87M), Mexico ($1.47M), Germany ($918k), and Brazil ($527k).

In 2022, United States imported $25.4M in Bismuth, mainly from China ($15.4M), South Korea ($3.8M), Hong Kong ($1.5M), Germany ($1.08M), and Mexico ($945k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bismuth EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$1.18M (170%)
Germany$730k (388%)
Mexico$328k (28.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bismuth BY United States WERE (2021 - 2022):
Vietnam-$9.58M (-76.4%)
Russia-$131k (-100%)
Argentina-$64.3k (-95.9%)
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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 Bismuth were:
China $53.8M
Vietnam $12.5M
In 2022, United States's main importing competitors in Bismuth were:
Germany $16.8M
China $11.1M

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Trade Value of Bismuth by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Bismuth’s highest export potential is N/A. With an export gap of N/A.   Bismuth’s highest import potential is N/A with an import gap of N/A.

See methodology.

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