2022
Exports
$2.79BWorld Rnk 3 / 110
Flag Rnk 118 / 1217
2022
PRODUCT COMPLEXITY IN Hormones
0.61Rnk 317 / 1025
2022
Imports
$6.4BWorld Rnk 1 / 188
Flag Rnk 98 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $2.79B in Hormones, making it the 3rd largest exporter of Hormones in the world. At the same year, Hormones was the 118th most exported product in United States. The main destination of Hormones exports from United States are: Italy ($1.27B), Austria ($623M), France ($336M), Spain ($107M), and Belgium ($104M).

The fastest growing export markets for Hormones of United States between 2021 and 2022 were Italy ($295M), Austria ($261M), and Spain ($39.9M).

Imports In 2022, United States imported $6.4B in Hormones, becoming the 1st largest importer of Hormones in the world. At the same year, Hormones was the 98th most imported product in United States. United States imports Hormones primarily from: Ireland ($4.93B), Germany ($366M), Argentina ($274M), United Kingdom ($223M), and Denmark ($147M).

The fastest growing import markets in Hormones for United States between 2021 and 2022 were Ireland ($972M), Germany ($197M), and Argentina ($98.7M).

COMPANIES In 2023, leading companies such as Cloud Network Technology (1) and Cinmar (1) were at the forefront of shipping Hormones to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-168M(-22%)
IMPORT GROWTH (August 2023 - August 2024)$916M(78.4%)
MAIN EXPORTER (August 2024)Indiana$864M
MAIN DESTINATION (August 2024)Italy$325M

This section shows Hormones'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 Hormones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.79B
IMPORTS (2022)$6.4B
NET TRADE (2022)-$3.6B

In 2022, United States exported $2.79B in Hormones. The main destinations of United States exports on Hormones were Italy ($1.27B), Austria ($623M), France ($336M), Spain ($107M), and Belgium ($104M).

In 2022, United States imported $6.4B in Hormones, mainly from Ireland ($4.93B), Germany ($366M), Argentina ($274M), United Kingdom ($223M), and Denmark ($147M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hormones EXPORT MARKETS FOR United States WERE (2021 - 2022):
Italy$295M (30.3%)
Austria$261M (72.2%)
Spain$39.9M (59.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hormones BY United States WERE (2021 - 2022):
Belgium-$162M (-60.9%)
Egypt-$9.92M (-50.2%)
Germany-$8.01M (-7.24%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Hormones were:
In 2022, United States's main importing competitors in Hormones were:
Austria $2.81B
Italy $2.73B

Explore Visualizations

Trade Value of Hormones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $43.6M
TOP IMPORT POTENTIALChina+ $73.3M

Hormones’s highest export potential is China. With an export gap of $43.6M.   Hormones’s highest import potential is China with an import gap of $73.3M.

See methodology.

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