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2022
Exports $19.4MWorld Rnk 7 / 79
Flag Rnk 987 / 1217
2022
Destination $1.27M Canada
2021 - 2022
FASTEST GROWING MARKET $1.27MBolivia
2022
Imports $33.1MWorld Rnk 1 / 156
Flag Rnk 1028 / 1216
2022
Origin $3.78M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $3.78MNetherlands
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $19.4M in Magnesium Hydroxide and Peroxide, making it the 7th largest exporter of Magnesium Hydroxide and Peroxide in the world. At the same year, Magnesium Hydroxide and Peroxide was the 987th most exported product in United States. The main destination of Magnesium Hydroxide and Peroxide exports from United States are: Canada ($6.19M), Sweden ($2.33M), Mexico ($1.93M), France ($1.48M), and Brazil ($1.43M).

The fastest growing export markets for Magnesium Hydroxide and Peroxide of United States between 2021 and 2022 were Bolivia ($1.27M), France ($1.21M), and Indonesia ($242k).

Imports In 2022, United States imported $33.1M in Magnesium Hydroxide and Peroxide, becoming the 1st largest importer of Magnesium Hydroxide and Peroxide in the world. At the same year, Magnesium Hydroxide and Peroxide was the 1028th most imported product in United States. United States imports Magnesium Hydroxide and Peroxide primarily from: Netherlands ($8.39M), Israel ($7.37M), China ($7.29M), Mexico ($3.1M), and Austria ($2.54M).

The fastest growing import markets in Magnesium Hydroxide and Peroxide for United States between 2021 and 2022 were Netherlands ($3.78M), China ($1.77M), and Austria ($1.64M).

COMPANIES In 2023, leading companies such as Robert Bosch (3), Walgreens (1), and Costco Wholesale (1) were at the forefront of shipping Magnesium Hydroxide and Peroxide to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Magnesium Hydroxide and Peroxide exports accounted up to $1.24M and imports accounted up to $1.67M, resulting in a negative trade balance of $423k. Between June 2023 and June 2024 the exports of United States'   Magnesium Hydroxide and Peroxide have increased by $6.19k (0.5%) from $1.24M to $1.24M, while imports decreased by $-1.29M (-43.6%) from $2.96M to $1.67M.

Destinations In June 2024, Magnesium Hydroxide and Peroxide were exported mostly to Canada ($670k), Netherlands ($153k), Mexico ($123k), France ($47.9k), and Morocco ($46.3k), and were imported mostly from Israel ($588k), China ($346k), Mexico ($253k), Netherlands ($142k), and Austria ($133k).

Growth In June 2024, the increase in Magnesium Hydroxide and Peroxide's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Magnesium Hydroxide and Peroxide's year-by-year imports was explained primarily by a decrease in imports from China ($-238k or -31.9%), Mexico ($-161k or -29.7%), and Israel ($-90.6k or -9.43%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$6.19k(0.5%)
IMPORT GROWTH (June 2023 - June 2024)$-1.29M(-43.6%)
MAIN EXPORTER (June 2024)Delaware$633k
MAIN DESTINATION (June 2024)Canada$670k

This section shows Magnesium Hydroxide and Peroxide'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 Magnesium Hydroxide and Peroxide over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19.4M
IMPORTS (2022)$33.1M
NET TRADE (2022)-$13.6M

In 2022, United States exported $19.4M in Magnesium Hydroxide and Peroxide. The main destinations of United States exports on Magnesium Hydroxide and Peroxide were Canada ($6.19M), Sweden ($2.33M), Mexico ($1.93M), France ($1.48M), and Brazil ($1.43M).

In 2022, United States imported $33.1M in Magnesium Hydroxide and Peroxide, mainly from Netherlands ($8.39M), Israel ($7.37M), China ($7.29M), Mexico ($3.1M), and Austria ($2.54M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Hydroxide and Peroxide EXPORT MARKETS FOR United States WERE (2021 - 2022):
Bolivia$1.27M (980%)
France$1.21M (450%)
Indonesia$242k (194%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Hydroxide and Peroxide BY United States WERE (2021 - 2022):
Austria-$568k (-100%)
Vietnam-$476k (-98.1%)
China-$381k (-54.1%)
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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 Magnesium Hydroxide and Peroxide were:
China $58.1M
Russia $49.1M
Netherlands $35.4M
In 2022, United States's main importing competitors in Magnesium Hydroxide and Peroxide were:
China $29.1M
South Korea $25.2M

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Trade Value of Magnesium Hydroxide and Peroxide by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $269k
TOP IMPORT POTENTIALChina+ $760k

Magnesium Hydroxide and Peroxide’s highest export potential is China. With an export gap of $269k.   Magnesium Hydroxide and Peroxide’s highest import potential is China with an import gap of $760k.

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