Borax in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $3.72M in Borax, making it the 8th largest exporter of Borax in the world. At the same year, Borax was the 1128th most exported product in United States. The main destination of Borax exports from United States are: Canada ($1.74M), Mexico ($386k), Saudi Arabia ($282k), Egypt ($249k), and Oman ($197k).

The fastest growing export markets for Borax of United States between 2021 and 2022 were Canada ($538k), Saudi Arabia ($269k), and Egypt ($232k).

Imports In 2022, United States imported $21.9M in Borax, becoming the 4th largest importer of Borax in the world. At the same year, Borax was the 1070th most imported product in United States. United States imports Borax primarily from: Turkey ($16.4M), Bolivia ($3.01M), Argentina ($1.34M), United Kingdom ($383k), and Canada ($333k).

The fastest growing import markets in Borax for United States between 2021 and 2022 were Turkey ($2.44M), Canada ($297k), and United Kingdom ($162k).

Latest Trends

June 2024

About

Overview In June 2024 United States' Borax exports accounted up to $78.5k and imports accounted up to $2.42M, resulting in a negative trade balance of $2.34M. Between June 2023 and June 2024 the exports of United States' Borax have decreased by $-63.1k (-44.5%) from $142k to $78.5k, while imports increased by $1.68M (226%) from $742k to $2.42M.

Destinations In June 2024, Borax were exported mostly to Tunisia ($29.4k), Oman ($22.5k), Canada ($19.1k), United Arab Emirates ($7.5k), and Egypt ($0), and were imported mostly from Bolivia ($1.28M), Turkey ($913k), Peru ($221k), Canada ($2.59k), and Japan ($0).

Growth In June 2024, the decrease in Borax's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-34.2k or -65.8%). In June 2024, the increase in Borax's year-by-year imports was explained primarily by an increase in imports from Turkey ($399k or 751%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-63.1k(-44.5%)

IMPORT GROWTH (June 2023 - June 2024)$1.68M(226%)

MAIN EXPORTER (June 2024)Texas$132k

MAIN DESTINATION (June 2024)Tunisia$29.4k

This section shows Borax'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 Borax over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$3.72M

IMPORTS (2022)$21.9M

NET TRADE (2022)-$18.2M

In 2022, United States exported $3.72M in Borax. The main destinations of United States exports on Borax were Canada ($1.74M), Mexico ($386k), Saudi Arabia ($282k), Egypt ($249k), and Oman ($197k).

In 2022, United States imported $21.9M in Borax, mainly from Turkey ($16.4M), Bolivia ($3.01M), Argentina ($1.34M), United Kingdom ($383k), and Canada ($333k).

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