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2023
Exports $4.13BWorld Rnk 10 / 153
Flag Rnk 86 / 1217
2023
Destination $812M United Kingdom
2022 - 2023
FASTEST GROWING MARKET $812MUnited Kingdom
2023
PRODUCT COMPLEXITY IN Nitrogen Heterocyclic Compounds1.11Rnk 141 / 1025
2023
Imports $14BWorld Rnk 3 / 208
Flag Rnk 40 / 1215
2023
Origin $590M Ireland
2022 - 2023
FASTEST GROWING ORIGIN $590MSwitzerland
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $4.13B in Nitrogen Heterocyclic Compounds, making it the 10th largest exporter of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 86th most exported product in United States. The main destination of Nitrogen Heterocyclic Compounds exports from United States are: United Kingdom ($876M), Ireland ($622M), Belgium ($366M), Brazil ($302M), and China ($297M).

The fastest growing export markets for Nitrogen Heterocyclic Compounds of United States between 2022 and 2023 were United Kingdom ($812M), Ireland ($536M), and Belgium ($98.6M).

Imports In 2023, United States imported $14B in Nitrogen Heterocyclic Compounds, becoming the 3rd largest importer of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 40th most imported product in United States. United States imports Nitrogen Heterocyclic Compounds primarily from: Ireland ($7.02B), Switzerland ($2.02B), China ($1.25B), France ($715M), and Germany ($582M).

The fastest growing import markets in Nitrogen Heterocyclic Compounds for United States between 2022 and 2023 were Switzerland ($590M), France ($541M), and Brazil ($31.4M).

COMPANIES In 2023, leading companies such as LG Electronics (1.05k), Harvey Imports (310), and Samsung (137) were at the forefront of shipping Nitrogen Heterocyclic Compounds to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Nitrogen Heterocyclic Compounds exports accounted up to $189M and imports accounted up to $1.35B, resulting in a negative trade balance of $1.16B. Between November 2023 and November 2024 the exports of United States'   Nitrogen Heterocyclic Compounds have decreased by $-59.8M (-24%) from $249M to $189M, while imports increased by $859M (175%) from $490M to $1.35B.

Destinations In November 2024, Nitrogen Heterocyclic Compounds were exported mostly to Brazil ($29.9M), Canada ($25.7M), Belgium ($24.7M), France ($16.9M), and Germany ($15.8M), and were imported mostly from Switzerland ($827M), Ireland ($252M), China ($85.4M), India ($41.6M), and Germany ($22.5M).

Growth In November 2024, the decrease in Nitrogen Heterocyclic Compounds's year-by-year exports was explained primarily by a decrease in exports to Morocco ($-18.4M or -100%), China ($-7.47M or -24.1%), and Australia ($-5.42M or -93.6%). In November 2024, the increase in Nitrogen Heterocyclic Compounds's year-by-year imports was explained primarily by an increase in imports from Ireland ($140M or 25%), France ($64.4M or 656%), and Italy ($9.75M or 76.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-59.8M(-24%)
IMPORT GROWTH (November 2023 - November 2024)$859M(175%)
MAIN EXPORTER (November 2024)Missouri$102M
MAIN DESTINATION (November 2024)Brazil$29.9M

This section shows Nitrogen Heterocyclic Compounds'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 Nitrogen Heterocyclic Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.13B
IMPORTS (2023)$14B
NET TRADE (2023)-$9.89B

In 2023, United States exported $4.13B in Nitrogen Heterocyclic Compounds. The main destinations of United States exports on Nitrogen Heterocyclic Compounds were United Kingdom ($876M), Ireland ($622M), Belgium ($366M), Brazil ($302M), and China ($297M).

In 2023, United States imported $14B in Nitrogen Heterocyclic Compounds, mainly from Ireland ($7.02B), Switzerland ($2.02B), China ($1.25B), France ($715M), and Germany ($582M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nitrogen Heterocyclic Compounds EXPORT MARKETS FOR United States WERE (2022 - 2023):
United Kingdom$812M (1.28k%)
Ireland$536M (620%)
Belgium$98.6M (36.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogen Heterocyclic Compounds BY United States WERE (2022 - 2023):
China-$115M (-28%)
Germany-$77.6M (-23.1%)
Canada-$70.3M (-27.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Nitrogen Heterocyclic Compounds were:
China $25.5B
Ireland $22.4B
Switzerland $19.9B
In 2023, United States's main importing competitors in Nitrogen Heterocyclic Compounds were:
Germany $17.7B
Ireland $15B

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Trade Value of Nitrogen Heterocyclic Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $109M
TOP IMPORT POTENTIALChina+ $552M

Nitrogen Heterocyclic Compounds’s highest export potential is Germany. With an export gap of $109M.   Nitrogen Heterocyclic Compounds’s highest import potential is China with an import gap of $552M.

See methodology.

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