2022
Exports | Imports
$30.8M | $157MWorld Rnk 10 / 153
Flag Rnk 927 / 1217
World Rnk 2 / 197
Flag Rnk 795 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Insect Resins
-2.55Rnk 1019 / 1025

About

Exports In 2022, United States exported $30.8M in Insect Resins, making it the 10th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 927th most exported product in United States. The main destination of Insect Resins exports from United States are: India ($6.03M), Canada ($4.61M), Honduras ($3.08M), Mexico ($2.24M), and Costa Rica ($1.35M).

The fastest growing export markets for Insect Resins of United States between 2021 and 2022 were Costa Rica ($1.09M), Honduras ($837k), and China ($587k).

Imports In 2022, United States imported $157M in Insect Resins, becoming the 2nd largest importer of Insect Resins in the world. At the same year, Insect Resins was the 795th most imported product in United States. United States imports Insect Resins primarily from: France ($47.6M), Sudan ($37.1M), India ($34.7M), Thailand ($7.15M), and China ($6.77M).

The fastest growing import markets in Insect Resins for United States between 2021 and 2022 were Sudan ($18.5M), France ($11.6M), and Thailand ($4.71M).

COMPANIES In 2023, leading companies such as WAL-MART INC. (115k), AMAZON SERVICES LLC (464), and GITI TIRE (USA) LTD. (39) were at the forefront of shipping Insect Resins to the United States.

Latest Trends

January 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$482k(23.4%)
IMPORT GROWTH (January 2023 - January 2024)$-1.37M(-16.9%)
MAIN EXPORTER (January 2024)New Jersey$1.29M
MAIN DESTINATION (January 2024)Canada$769k

This section shows Insect Resins'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 Insect Resins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$30.8M
IMPORTS (2022)$157M
NET TRADE (2022)-$127M

In 2022, United States exported $30.8M in Insect Resins. The main destinations of United States exports on Insect Resins were India ($6.03M), Canada ($4.61M), Honduras ($3.08M), Mexico ($2.24M), and Costa Rica ($1.35M).

In 2022, United States imported $157M in Insect Resins, mainly from France ($47.6M), Sudan ($37.1M), India ($34.7M), Thailand ($7.15M), and China ($6.77M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR United States WERE (2021 - 2022):
Costa Rica$1.09M (421%)
Honduras$837k (37.3%)
China$587k (102%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY United States WERE (2021 - 2022):
United Kingdom-$365k (-26.1%)
Saudi Arabia-$353k (-100%)
Cayman Islands-$244k (-59.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Insect Resins were:
In 2022, United States's main importing competitors in Insect Resins were:
India $260M

Explore Visualizations

Trade Value of Insect Resins by Exporters

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