Gluconic acid, its salts & esters in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $14M in Gluconic acid, its salts & esters, making it the 5th largest exporter of Gluconic acid, its salts & esters in the world. At the same year, Gluconic acid, its salts & esters was the 2993rd most exported product in United States. The main destination of Gluconic acid, its salts & esters exports from United States are: Canada ($5.06M), Japan ($2.45M), Australia ($624k), South Korea ($602k), and Germany ($587k).

The fastest growing export markets for Gluconic acid, its salts & esters of United States between 2021 and 2022 were Canada ($590k), Germany ($574k), and United Arab Emirates ($366k).

Imports In 2022, United States imported $37M in Gluconic acid, its salts & esters, becoming the 2nd largest importer of Gluconic acid, its salts & esters in the world. At the same year, Gluconic acid, its salts & esters was the 2881st most imported product in United States. United States imports Gluconic acid, its salts & esters primarily from: India ($12.1M), China ($9.89M), France ($7.68M), Italy ($3.6M), and Netherlands ($993k).

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 Gluconic acid, its salts & esters to the United States.

Latest Trends

June 2024

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Overview In June 2024 United States' Gluconic acid, its salts & esters exports accounted up to $823k and imports accounted up to $1.33M, resulting in a negative trade balance of $512k. Between June 2023 and June 2024 the exports of United States' Gluconic acid, its salts & esters have decreased by $-263k (-24.2%) from $1.09M to $823k, while imports increased by $328k (32.6%) from $1.01M to $1.33M.

Destinations In June 2024, Gluconic acid, its salts & esters were exported mostly to Canada ($576k), South Korea ($88.6k), India ($31.5k), Thailand ($27.4k), and Honduras ($27.2k), and were imported mostly from China ($574k), France ($356k), Germany ($203k), India ($160k), and Turkey ($38.1k).

Growth In June 2024, the decrease in Gluconic acid, its salts & esters's year-by-year exports was explained primarily by a decrease in exports to Dominican Republic ($-22.4k or -36%), Chinese Taipei ($-6.51k or -72.2%), and China ($-2.8k or -18.8%). In June 2024, the increase in Gluconic acid, its salts & esters's year-by-year imports was explained primarily by an increase in imports from France ($317k or 79.1%), India ($38.9k or 21%), and Mexico ($18.2k or 95.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-263k(-24.2%)

IMPORT GROWTH (June 2023 - June 2024)$328k(32.6%)

MAIN DESTINATION (June 2024)Canada$576k

This section shows Gluconic acid, its salts & esters'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 Gluconic acid, its salts & esters over time.

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