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2022
Exports $29.9MWorld Rnk 5 / 88
Flag Rnk 2425 / 4632
2022
Destination $2.9M Brazil
2021 - 2022
FASTEST GROWING MARKET $2.9MBrazil
2022
Imports $88.7MWorld Rnk 2 / 177
Flag Rnk 2196 / 4573
2022
Origin $12.3M Germany
2021 - 2022
FASTEST GROWING ORIGIN $12.3MGermany
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $29.9M in Menthol, making it the 5th largest exporter of Menthol in the world. At the same year, Menthol was the 2425th most exported product in United States. The main destination of Menthol exports from United States are: Brazil ($8.46M), Mexico ($5.4M), India ($4.86M), Singapore ($4.59M), and Canada ($1.67M).

The fastest growing export markets for Menthol of United States between 2021 and 2022 were Brazil ($2.9M), Mexico ($684k), and Indonesia ($598k).

Imports In 2022, United States imported $88.7M in Menthol, becoming the 2nd largest importer of Menthol in the world. At the same year, Menthol was the 2196th most imported product in United States. United States imports Menthol primarily from: Germany ($53.3M), India ($23.4M), Japan ($5.53M), Malaysia ($2.67M), and Singapore ($2.01M).

The fastest growing import markets in Menthol for United States between 2021 and 2022 were Germany ($12.3M), Malaysia ($2.07M), and Japan ($1.52M).

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 Menthol to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Menthol exports accounted up to $3.4M and imports accounted up to $6.58M, resulting in a negative trade balance of $3.18M. Between June 2023 and June 2024 the exports of United States'   Menthol have increased by $601k (21.5%) from $2.8M to $3.4M, while imports increased by $1.33M (25.3%) from $5.25M to $6.58M.

Destinations In June 2024, Menthol were exported mostly to Germany ($1.03M), Singapore ($872k), Mexico ($464k), China ($359k), and South Korea ($217k), and were imported mostly from Germany ($3.57M), India ($2.74M), Singapore ($135k), Japan ($122k), and China ($5.92k).

Growth In June 2024, the increase in Menthol's year-by-year exports was explained primarily by an increase in exports to Singapore ($715k or 335%), Chinese Taipei ($2.04k or 10.5%), and Germany ($11 or 0.33%). In June 2024, the increase in Menthol's year-by-year imports was explained primarily by an increase in imports from Germany ($187k or 5.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$601k(21.5%)
IMPORT GROWTH (June 2023 - June 2024)$1.33M(25.3%)
MAIN EXPORTER (June 2024)South Carolina$3.78M
MAIN DESTINATION (June 2024)Germany$1.03M

This section shows Menthol'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 Menthol over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$29.9M
IMPORTS (2022)$88.7M
NET TRADE (2022)-$58.8M

In 2022, United States exported $29.9M in Menthol. The main destinations of United States exports on Menthol were Brazil ($8.46M), Mexico ($5.4M), India ($4.86M), Singapore ($4.59M), and Canada ($1.67M).

In 2022, United States imported $88.7M in Menthol, mainly from Germany ($53.3M), India ($23.4M), Japan ($5.53M), Malaysia ($2.67M), and Singapore ($2.01M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Menthol EXPORT MARKETS FOR United States WERE (2021 - 2022):
Brazil$2.9M (52.2%)
Mexico$684k (14.5%)
Indonesia$598k (420%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Menthol BY United States WERE (2021 - 2022):
Germany-$6.76M (-88.5%)
Singapore-$2.02M (-30.5%)
India-$993k (-17%)
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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 Menthol were:
India $237M
Germany $150M
China $104M
In 2022, United States's main importing competitors in Menthol were:
China $178M
India $45.3M

Explore Visualizations

Trade Value of Menthol by Exporters

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