Natural Polymers in United States 2021 Exports | Imports : $328M | $436M, World Rnk 3 / 119 Rnk 453 / 1216 | World Rnk 1 / 197 Rnk 534 / 1215
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $6.42M | $21.5M, Canada | China
2021 ECONOMIC COMPLEXITY of United States: 1.46, Rnk 10 / 131
2021 PRODUCT COMPLEXITY IN Natural Polymers: 0.69, Rnk 281 / 1029
Exports In 2021, United States exported $328M in Natural Polymers, making it the 3rd largest exporter of Natural Polymers in the world. At the same year, Natural Polymers was the 453rd most exported product in United States. The main destination of Natural Polymers exports from United States are: Japan ($68.9M), Canada ($38.9M), Netherlands ($36.3M), Mexico ($27.2M), and China ($23.7M).
The fastest growing export markets for Natural Polymers of United States between 2020 and 2021 were Canada ($6.42M), Switzerland ($2.6M), and South Korea ($1.52M).
Imports In 2021, United States imported $436M in Natural Polymers, becoming the 1st largest importer of Natural Polymers in the world. At the same year, Natural Polymers was the 534th most imported product in United States. United States imports Natural Polymers primarily from: China ($99.3M), Sweden ($98.6M), Austria ($48.9M), Japan ($28.5M), and France ($26M).
The fastest growing import markets in Natural Polymers for United States between 2020 and 2021 were China ($21.5M), Sweden ($11M), and Norway ($9.4M).
Tariffs In 2019, the average tariff for United States in Natural Polymers was 2.9%. The countries with the highest import tariffs for Natural Polymers were Burundi (Most Favoured Nation duty rate treatment, 4.13%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 4.13%), Algeria (Most Favoured Nation duty rate treatment, 4.13%), Egypt (Most Favoured Nation duty rate treatment, 4.13%), and Eritrea (Most Favoured Nation duty rate treatment, 4.13%).
March 2023
Overview In March 2023 United States' Natural Polymers exports accounted up to $25.8M and imports accounted up to $45.6M, resulting in a negative trade balance of $19.8M. Between March 2022 and March 2023 the exports of United States' Natural Polymers have decreased by $-4.24M (-14.1%) from $30M to $25.8M, while imports increased by $11.7M (34.5%) from $33.9M to $45.6M.
Destinations In March 2023, Natural Polymers were exported mostly to Canada ($4.47M), China ($3.8M), Japan ($3.6M), Netherlands ($2.43M), and Mexico ($1.95M), and were imported mostly from China ($13.1M), Austria ($6.58M), Sweden ($6.22M), Japan ($4.3M), and United Kingdom ($3.76M).
Growth In March 2023, the decrease in Natural Polymers's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-1.08M or -98.2%), Belgium ($-873k or -52.7%), and Mexico ($-590k or -24.8%). In March 2023, the increase in Natural Polymers's year-by-year imports was explained primarily by an increase in imports from Sweden ($4.97M or 175%), China ($3.66M or 90.2%), and Japan ($1.16M or 61%).
EXPORT GROWTH (March 2022 - March 2023): $-4.24M, (-14.1%)
IMPORT GROWTH (March 2022 - March 2023): $11.7M, (34.5%)
MAIN EXPORTER (March 2023): Oklahoma, $7.76M
MAIN DESTINATION (March 2023): Canada, $4.47M
This section shows Natural Polymers'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 Natural Polymers over time.
For full datasets download visit Bulk Download page.
EXPORTS (2021): $328M
IMPORTS (2021): $436M
NET TRADE (2021): -$108M
In 2021, United States exported $328M in Natural Polymers. The main destinations of United States exports on Natural Polymers were Japan ($68.9M), Canada ($38.9M), Netherlands ($36.3M), Mexico ($27.2M), and China ($23.7M).
In 2021, United States imported $436M in Natural Polymers, mainly from China ($99.3M), Sweden ($98.6M), Austria ($48.9M), Japan ($28.5M), and France ($26M).
THE FASTEST GROWING Natural Polymers EXPORT MARKETS FOR United States WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural Polymers BY United States WERE (2020 - 2021):
In 2021, United States's main exporting competitors in Natural Polymers were:
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