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2023
Exports $1.86BWorld Rnk 7 / 157
Flag Rnk 163 / 1217
2023
Destination $218M Switzerland
2022 - 2023
FASTEST GROWING MARKET $218MItaly
2023
PRODUCT COMPLEXITY IN Nucleic Acids1.27Rnk 84 / 1025
2023
Imports $7.92BWorld Rnk 1 / 199
Flag Rnk 73 / 1215
2023
Origin $2.82B Singapore
2022 - 2023
FASTEST GROWING ORIGIN $2.82BSingapore
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $1.86B in Nucleic Acids, making it the 7th largest exporter of Nucleic Acids in the world. At the same year, Nucleic Acids was the 163rd most exported product in United States. The main destination of Nucleic Acids exports from United States are: Switzerland ($300M), Germany ($240M), Italy ($224M), Austria ($170M), and France ($107M).

The fastest growing export markets for Nucleic Acids of United States between 2022 and 2023 were Italy ($218M), Austria ($46.6M), and Netherlands ($24.2M).

Imports In 2023, United States imported $7.92B in Nucleic Acids, becoming the 1st largest importer of Nucleic Acids in the world. At the same year, Nucleic Acids was the 73rd most imported product in United States. United States imports Nucleic Acids primarily from: Singapore ($2.99B), Ireland ($1.92B), China ($781M), India ($518M), and Germany ($394M).

The fastest growing import markets in Nucleic Acids for United States between 2022 and 2023 were Singapore ($2.82B), Spain ($61.1M), and Mexico ($60.1M).

COMPANIES In 2023, leading companies such as Mercedes-Benz (195), Volvo (107), and Gap (70) were at the forefront of shipping Nucleic Acids to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Nucleic Acids exports accounted up to $95.2M and imports accounted up to $247M, resulting in a negative trade balance of $152M. Between November 2023 and November 2024 the exports of United States'   Nucleic Acids have decreased by $-3.46M (-3.51%) from $98.7M to $95.2M, while imports decreased by $-682M (-73.4%) from $929M to $247M.

Destinations In November 2024, Nucleic Acids were exported mostly to Germany ($14.1M), Japan ($12.1M), Belgium ($11.3M), South Korea ($6.53M), and France ($6.23M), and were imported mostly from China ($70.4M), Switzerland ($46.1M), Singapore ($27.4M), Belgium ($20.1M), and Germany ($17.1M).

Growth In November 2024, the decrease in Nucleic Acids's year-by-year exports was explained primarily by a decrease in exports to Germany ($-46M or -64.2%), Belgium ($-19.6M or -72.1%), and Canada ($-7.26M or -63.3%). In November 2024, the decrease in Nucleic Acids's year-by-year imports was explained primarily by a decrease in imports from Ireland ($-311M or -84.5%), China ($-36.3M or -35.2%), and Singapore ($-2.54M or -7.88%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-3.46M(-3.51%)
IMPORT GROWTH (November 2023 - November 2024)$-682M(-73.4%)
MAIN EXPORTER (November 2024)California$60.4M
MAIN DESTINATION (November 2024)Germany$14.1M

This section shows Nucleic Acids'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 Nucleic Acids over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.86B
IMPORTS (2023)$7.92B
NET TRADE (2023)-$6.07B

In 2023, United States exported $1.86B in Nucleic Acids. The main destinations of United States exports on Nucleic Acids were Switzerland ($300M), Germany ($240M), Italy ($224M), Austria ($170M), and France ($107M).

In 2023, United States imported $7.92B in Nucleic Acids, mainly from Singapore ($2.99B), Ireland ($1.92B), China ($781M), India ($518M), and Germany ($394M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nucleic Acids EXPORT MARKETS FOR United States WERE (2022 - 2023):
Italy$218M (3.24k%)
Austria$46.6M (37.9%)
Netherlands$24.2M (42%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nucleic Acids BY United States WERE (2022 - 2023):
Germany-$384M (-61.5%)
India-$205M (-94%)
China-$106M (-61.3%)
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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 Nucleic Acids were:
China $5.26B
Singapore $3.4B
Ireland $3.1B
In 2023, United States's main importing competitors in Nucleic Acids were:
Germany $2.78B
Italy $1.86B

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Trade Value of Nucleic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $71.8M
TOP IMPORT POTENTIALChina+ $198M

Nucleic Acids’s highest export potential is Canada. With an export gap of $71.8M.   Nucleic Acids’s highest import potential is China with an import gap of $198M.

See methodology.

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