Cerium compounds in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $8.9M in Cerium compounds, making it the 6th largest exporter of Cerium compounds in the world. At the same year, Cerium compounds was the 3294th most exported product in United States. The main destination of Cerium compounds exports from United States are: China ($1.45M), Germany ($1.42M), Canada ($1.32M), Bulgaria ($908k), and Estonia ($876k).

Imports In 2022, United States imported $31.7M in Cerium compounds, becoming the 5th largest importer of Cerium compounds in the world. At the same year, Cerium compounds was the 2998th most imported product in United States. United States imports Cerium compounds primarily from: Japan ($23.5M), China ($3.64M), Austria ($1.22M), Estonia ($780k), and France ($653k).

The fastest growing import markets in Cerium compounds for United States between 2021 and 2022 were Japan ($655k), Malaysia ($450k), and Netherlands ($233k).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Cerium compounds to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Cerium compounds exports accounted up to $720k and imports accounted up to $1.73M, resulting in a negative trade balance of $1.01M. Between June 2023 and June 2024 the exports of United States' Cerium compounds have increased by $125k (21.1%) from $595k to $720k, while imports decreased by $-316k (-15.5%) from $2.04M to $1.73M.

Destinations In June 2024, Cerium compounds were exported mostly to Mexico ($200k), South Korea ($160k), China ($115k), Australia ($68.4k), and Germany ($58.7k), and were imported mostly from Japan ($1.41M), China ($274k), Malaysia ($27.6k), Austria ($6.15k), and India ($4.62k).

Growth In June 2024, the increase in Cerium compounds's year-by-year exports was explained primarily by an increase in exports to South Korea ($139k or 236%), Canada ($63.1k or 40.2%), and China ($23.7k or 138%). In June 2024, the decrease in Cerium compounds's year-by-year imports was explained primarily by a decrease in imports from Japan ($-59.3k or -3.94%) and Malaysia ($-30.8k or -40.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$125k(21.1%)

IMPORT GROWTH (June 2023 - June 2024)$-316k(-15.5%)

MAIN EXPORTER (June 2024)Tennessee$377k

MAIN DESTINATION (June 2024)Mexico$200k

This section shows Cerium compounds'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 Cerium compounds over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$8.9M

IMPORTS (2022)$31.7M

NET TRADE (2022)-$22.8M

In 2022, United States exported $8.9M in Cerium compounds. The main destinations of United States exports on Cerium compounds were China ($1.45M), Germany ($1.42M), Canada ($1.32M), Bulgaria ($908k), and Estonia ($876k).

In 2022, United States imported $31.7M in Cerium compounds, mainly from Japan ($23.5M), China ($3.64M), Austria ($1.22M), Estonia ($780k), and France ($653k).

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