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2022
Exports $478MWorld Rnk 4 / 131
Flag Rnk 401 / 1217
2022
Destination $35.2M Mexico
2021 - 2022
FASTEST GROWING MARKET $35.2MMexico
2022
PRODUCT COMPLEXITY IN Ketones and Quinones1.37Rnk 79 / 1025
2022
Imports $1.04BWorld Rnk 1 / 203
Flag Rnk 387 / 1216
2022
Origin $29.7M China
2021 - 2022
FASTEST GROWING ORIGIN $29.7MUnited Kingdom
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $478M in Ketones and Quinones, making it the 4th largest exporter of Ketones and Quinones in the world. At the same year, Ketones and Quinones was the 401st most exported product in United States. The main destination of Ketones and Quinones exports from United States are: Mexico ($121M), Canada ($47.2M), Netherlands ($31.9M), India ($31.5M), and China ($29.1M).

The fastest growing export markets for Ketones and Quinones of United States between 2021 and 2022 were Mexico ($35.2M), Germany ($9.67M), and Netherlands ($3.57M).

Imports In 2022, United States imported $1.04B in Ketones and Quinones, becoming the 1st largest importer of Ketones and Quinones in the world. At the same year, Ketones and Quinones was the 387th most imported product in United States. United States imports Ketones and Quinones primarily from: China ($352M), India ($132M), Germany ($84M), United Kingdom ($80.7M), and South Africa ($57.7M).

The fastest growing import markets in Ketones and Quinones for United States between 2021 and 2022 were United Kingdom ($29.7M), India ($26M), and Netherlands ($24.5M).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (163), Philips (41), and LG Electronics (33) were at the forefront of shipping Ketones and Quinones to the United States.

Latest Trends

October 2024

About

Overview In October 2024 United States' Ketones and Quinones exports accounted up to $27.7M and imports accounted up to $87.5M, resulting in a negative trade balance of $59.8M. Between October 2023 and October 2024 the exports of United States'   Ketones and Quinones have decreased by $-5.15M (-15.7%) from $32.8M to $27.7M, while imports increased by $34.5M (65.1%) from $53M to $87.5M.

Destinations In October 2024, Ketones and Quinones were exported mostly to Mexico ($6.46M), Canada ($3.85M), Singapore ($3.52M), Netherlands ($1.82M), and China ($1.68M), and were imported mostly from China ($21.8M), Chinese Taipei ($18.1M), India ($12.9M), Germany ($8.98M), and Finland ($6.26M).

Growth In October 2024, the decrease in Ketones and Quinones's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-2.45M or -93.5%), Ireland ($-2.17M or -91.1%), and India ($-1.4M or -46.9%). In October 2024, the increase in Ketones and Quinones's year-by-year imports was explained primarily by an increase in imports from Germany ($3.99M or 85.4%), United Kingdom ($3.61M or 125%), and South Africa ($3.09M or 89.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-5.15M(-15.7%)
IMPORT GROWTH (October 2023 - October 2024)$34.5M(65.1%)
MAIN EXPORTER (October 2024)Texas$14.8M
MAIN DESTINATION (October 2024)Mexico$6.46M

This section shows Ketones and Quinones'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 Ketones and Quinones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$478M
IMPORTS (2022)$1.04B
NET TRADE (2022)-$559M

In 2022, United States exported $478M in Ketones and Quinones. The main destinations of United States exports on Ketones and Quinones were Mexico ($121M), Canada ($47.2M), Netherlands ($31.9M), India ($31.5M), and China ($29.1M).

In 2022, United States imported $1.04B in Ketones and Quinones, mainly from China ($352M), India ($132M), Germany ($84M), United Kingdom ($80.7M), and South Africa ($57.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ketones and Quinones EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$35.2M (41.2%)
Germany$9.67M (54%)
Netherlands$3.57M (12.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ketones and Quinones BY United States WERE (2021 - 2022):
South Korea-$7.57M (-32.7%)
Russia-$6.43M (-99.6%)
Ireland-$3.87M (-16.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Ketones and Quinones were:
China $2.07B
Germany $620M
India $618M
In 2022, United States's main importing competitors in Ketones and Quinones were:
Germany $688M
China $654M

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Trade Value of Ketones and Quinones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $13.4M
TOP IMPORT POTENTIALIndia+ $36.9M

Ketones and Quinones’s highest export potential is China. With an export gap of $13.4M.   Ketones and Quinones’s highest import potential is India with an import gap of $36.9M.

See methodology.

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