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2022
Exports $114MWorld Rnk 2 / 124
Flag Rnk 715 / 1217
2022
Destination $6.4M Netherlands
2021 - 2022
FASTEST GROWING MARKET $6.4MGermany
2022
PRODUCT COMPLEXITY IN Other Organic Compounds0.3Rnk 444 / 1025
2022
Imports $110MWorld Rnk 2 / 197
Flag Rnk 865 / 1216
2022
Origin $16.1M India
2021 - 2022
FASTEST GROWING ORIGIN $16.1MJapan
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $114M in Other Organic Compounds, making it the 2nd largest exporter of Other Organic Compounds in the world. At the same year, Other Organic Compounds was the 715th most exported product in United States. The main destination of Other Organic Compounds exports from United States are: Netherlands ($12.3M), Germany ($10.8M), China ($10.7M), Canada ($10.5M), and Brazil ($8.01M).

The fastest growing export markets for Other Organic Compounds of United States between 2021 and 2022 were Germany ($6.4M), Switzerland ($3.71M), and Brazil ($3.43M).

Imports In 2022, United States imported $110M in Other Organic Compounds, becoming the 2nd largest importer of Other Organic Compounds in the world. At the same year, Other Organic Compounds was the 865th most imported product in United States. United States imports Other Organic Compounds primarily from: India ($29.3M), Japan ($18.8M), Canada ($15.9M), Chinese Taipei ($11M), and United Kingdom ($8.04M).

The fastest growing import markets in Other Organic Compounds for United States between 2021 and 2022 were Japan ($16.1M), Canada ($7.56M), and United Kingdom ($4.53M).

COMPANIES In 2023, leading companies such as Elkem Silicones (130), NOURYON FUNCTIONAL CHEMICALS LLC (70), and LG Electronics (34) were at the forefront of shipping Other Organic Compounds to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Other Organic Compounds exports accounted up to $12.1M and imports accounted up to $6.21M, resulting in a positive trade balance of $5.94M. Between August 2023 and August 2024 the exports of United States'   Other Organic Compounds have increased by $3.61M (42.2%) from $8.54M to $12.1M, while imports increased by $275k (4.63%) from $5.93M to $6.21M.

Destinations In August 2024, Other Organic Compounds were exported mostly to Germany ($3.37M), Brazil ($1.6M), Netherlands ($1.43M), Canada ($1.19M), and Mexico ($1.06M), and were imported mostly from India ($2.94M), China ($1.12M), Switzerland ($419k), Japan ($339k), and United Kingdom ($249k).

Growth In August 2024, the increase in Other Organic Compounds's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($984k or 243%), Netherlands ($928k or 293%), and Colombia ($844k or 488%). In August 2024, the increase in Other Organic Compounds's year-by-year imports was explained primarily by an increase in imports from France ($531k or 1.95k%), India ($437k or 21.5%), and Canada ($355k or 60%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$3.61M(42.2%)
IMPORT GROWTH (August 2023 - August 2024)$275k(4.63%)
MAIN EXPORTER (August 2024)Wisconsin$3.29M
MAIN DESTINATION (August 2024)Germany$3.37M

This section shows Other Organic 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 Other Organic Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$114M
IMPORTS (2022)$110M
NET TRADE (2022)$3.97M

In 2022, United States exported $114M in Other Organic Compounds. The main destinations of United States exports on Other Organic Compounds were Netherlands ($12.3M), Germany ($10.8M), China ($10.7M), Canada ($10.5M), and Brazil ($8.01M).

In 2022, United States imported $110M in Other Organic Compounds, mainly from India ($29.3M), Japan ($18.8M), Canada ($15.9M), Chinese Taipei ($11M), and United Kingdom ($8.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Organic Compounds EXPORT MARKETS FOR United States WERE (2021 - 2022):
Germany$6.4M (146%)
Switzerland$3.71M (133%)
Brazil$3.43M (75%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Organic Compounds BY United States WERE (2021 - 2022):
China-$22.8M (-68%)
Japan-$3.57M (-43.5%)
Canada-$1.6M (-13.3%)
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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 Other Organic Compounds were:
India $712M
China $110M
In 2022, United States's main importing competitors in Other Organic Compounds were:
Japan $198M
Malaysia $76.8M

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Trade Value of Other Organic Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $2.58M
TOP IMPORT POTENTIALIndia+ $8.82M

Other Organic Compounds’s highest export potential is Canada. With an export gap of $2.58M.   Other Organic Compounds’s highest import potential is India with an import gap of $8.82M.

See methodology.

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