Nitrogen Heterocyclic Compounds in United States 2020 Exports | Imports : $2.99B | $12.8B, World Rnk 8 / 134 Rnk 91 / 1217 | World Rnk 2 / 210 Rnk 26 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $273M | $352M, Germany | Belgium
2020 ECONOMIC COMPLEXITY of United States: 1.56, Rnk 9 / 127
2020 PRODUCT COMPLEXITY IN Nitrogen Heterocyclic Compounds: 1.46, Rnk 65 / 1029
Exports In 2020, United States exported $2.99B in Nitrogen Heterocyclic Compounds, making it the 8th largest exporter of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 91st most exported product in United States. The main destination of Nitrogen Heterocyclic Compounds exports from United States are: Germany ($458M), France ($382M), Belgium ($283M), China ($274M), and Brazil ($251M).
The fastest growing export markets for Nitrogen Heterocyclic Compounds of United States between 2019 and 2020 were Germany ($273M), Austria ($92.9M), and Singapore ($64.3M).
Imports In 2020, United States imported $12.8B in Nitrogen Heterocyclic Compounds, becoming the 2nd largest importer of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 26th most imported product in United States. United States imports Nitrogen Heterocyclic Compounds primarily from: Ireland ($5.57B), United Kingdom ($1.88B), Belgium ($1.2B), China ($1.1B), and Switzerland ($889M).
The fastest growing import markets in Nitrogen Heterocyclic Compounds for United States between 2019 and 2020 were Belgium ($352M), Switzerland ($154M), and Singapore ($121M).
Tariffs In 2018, the average tariff for United States in Nitrogen Heterocyclic Compounds was 2.95%. The countries with the highest import tariffs for Nitrogen Heterocyclic Compounds were North Korea (Most Favoured Nation duty rate treatement, 4.39%), Cuba (Most Favoured Nation duty rate treatement, 4.39%), Algeria (Most Favoured Nation duty rate treatement, 4.27%), Egypt (Most Favoured Nation duty rate treatement, 4.27%), and Eritrea (Most Favoured Nation duty rate treatement, 4.27%).
October 2022
Overview In October 2022 United States' Nitrogen Heterocyclic Compounds exports accounted up to $191M and imports accounted up to $1.31B, resulting in a negative trade balance of $1.12B. Between October 2021 and October 2022 the exports of United States' Nitrogen Heterocyclic Compounds have decreased by $-82.3M (-30.1%) from $273M to $191M, while imports increased by $610M (86.7%) from $704M to $1.31B.
Destinations In October 2022, Nitrogen Heterocyclic Compounds were exported mostly to Belgium ($30.1M), Switzerland ($28.9M), Germany ($18.5M), Indonesia ($14.9M), and Canada ($14M), and were imported mostly from Ireland ($766M), China ($182M), Switzerland ($103M), India ($56.7M), and Germany ($55.9M).
Growth In October 2022, the decrease in Nitrogen Heterocyclic Compounds's year-by-year exports was explained primarily by a decrease in exports to Turkey ($-9.27M or -99.5%), South Korea ($-3.13M or -45.5%), and India ($-2.77M or -36.2%). In October 2022, the increase in Nitrogen Heterocyclic Compounds's year-by-year imports was explained primarily by an increase in imports from Germany ($24.7M or 66.2%), China ($18.4M or 16.8%), and Italy ($6.88M or 78.5%).
EXPORT GROWTH (October 2021 - October 2022): $-82.3M, (-30.1%)
IMPORT GROWTH (October 2021 - October 2022): $610M, (86.7%)
MAIN EXPORTER (October 2022): Colorado, $28.4M
MAIN DESTINATION (October 2022): Belgium, $30.1M
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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EXPORTS (2020): $2.99B
IMPORTS (2020): $12.8B
NET TRADE (2020): -$9.79B
In 2020, United States exported $2.99B in Nitrogen Heterocyclic Compounds. The main destinations of United States exports on Nitrogen Heterocyclic Compounds were Germany ($458M), France ($382M), Belgium ($283M), China ($274M), and Brazil ($251M).
In 2020, United States imported $12.8B in Nitrogen Heterocyclic Compounds, mainly from Ireland ($5.57B), United Kingdom ($1.88B), Belgium ($1.2B), China ($1.1B), and Switzerland ($889M).
THE FASTEST GROWING Nitrogen Heterocyclic Compounds EXPORT MARKETS FOR United States WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogen Heterocyclic Compounds BY United States WERE (2019 - 2020):
In 2020, United States's main exporting competitors in Nitrogen Heterocyclic Compounds were:
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