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2022
Exports $143MWorld Rnk 4 / 96
Flag Rnk 671 / 1217
2022
Destination $4.64M China
2021 - 2022
FASTEST GROWING MARKET $4.64MJapan
2022
PRODUCT COMPLEXITY IN Oxometallic or Peroxometallic Acid Salts-0.38Rnk 669 / 1025
2022
Imports $2.23BWorld Rnk 2 / 180
Flag Rnk 229 / 1216
2022
Origin $805M Japan
2021 - 2022
FASTEST GROWING ORIGIN $805MSouth Korea
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $143M in Oxometallic or Peroxometallic Acid Salts, making it the 4th largest exporter of Oxometallic or Peroxometallic Acid Salts in the world. At the same year, Oxometallic or Peroxometallic Acid Salts was the 671st most exported product in United States. The main destination of Oxometallic or Peroxometallic Acid Salts exports from United States are: China ($26.4M), Japan ($22.9M), Canada ($19.5M), Mexico ($18.7M), and Netherlands ($11.5M).

The fastest growing export markets for Oxometallic or Peroxometallic Acid Salts of United States between 2021 and 2022 were Japan ($4.64M), Netherlands ($4.42M), and South Korea ($4.26M).

Imports In 2022, United States imported $2.23B in Oxometallic or Peroxometallic Acid Salts, becoming the 2nd largest importer of Oxometallic or Peroxometallic Acid Salts in the world. At the same year, Oxometallic or Peroxometallic Acid Salts was the 229th most imported product in United States. United States imports Oxometallic or Peroxometallic Acid Salts primarily from: Japan ($1.06B), South Korea ($961M), China ($54M), Germany ($30M), and Chile ($26.7M).

The fastest growing import markets in Oxometallic or Peroxometallic Acid Salts for United States between 2021 and 2022 were South Korea ($805M), Japan ($283M), and Germany ($11.8M).

COMPANIES In 2023, leading companies such as Tesla (20), General Motors (12), and LG Electronics (9) were at the forefront of shipping Oxometallic or Peroxometallic Acid Salts to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Oxometallic or Peroxometallic Acid Salts exports accounted up to $13.7M and imports accounted up to $23.5M, resulting in a negative trade balance of $9.82M. Between September 2023 and September 2024 the exports of United States'   Oxometallic or Peroxometallic Acid Salts have increased by $3.77M (38%) from $9.91M to $13.7M, while imports increased by $5.5M (30.6%) from $18M to $23.5M.

Destinations In September 2024, Oxometallic or Peroxometallic Acid Salts were exported mostly to China ($4.35M), Netherlands ($2.73M), Mexico ($2.13M), Canada ($1.88M), and Japan ($1.21M), and were imported mostly from South Korea ($5.2M), Chile ($3.54M), China ($2.54M), India ($2.3M), and Canada ($1.42M).

Growth In September 2024, the increase in Oxometallic or Peroxometallic Acid Salts's year-by-year exports was explained primarily by an increase in exports to Japan ($768k or 59%), Mexico ($522k or 37.3%), and Netherlands ($147k or 205%). In September 2024, the increase in Oxometallic or Peroxometallic Acid Salts's year-by-year imports was explained primarily by an increase in imports from Chile ($2.75M or 83.9%), China ($2.39M or 63.9%), and India ($493k or 90.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$3.77M(38%)
IMPORT GROWTH (September 2023 - September 2024)$5.5M(30.6%)
MAIN EXPORTER (September 2024)Iowa$7.54M
MAIN DESTINATION (September 2024)China$4.35M

This section shows Oxometallic or Peroxometallic Acid Salts'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 Oxometallic or Peroxometallic Acid Salts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$143M
IMPORTS (2022)$2.23B
NET TRADE (2022)-$2.08B

In 2022, United States exported $143M in Oxometallic or Peroxometallic Acid Salts. The main destinations of United States exports on Oxometallic or Peroxometallic Acid Salts were China ($26.4M), Japan ($22.9M), Canada ($19.5M), Mexico ($18.7M), and Netherlands ($11.5M).

In 2022, United States imported $2.23B in Oxometallic or Peroxometallic Acid Salts, mainly from Japan ($1.06B), South Korea ($961M), China ($54M), Germany ($30M), and Chile ($26.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oxometallic or Peroxometallic Acid Salts EXPORT MARKETS FOR United States WERE (2021 - 2022):
Japan$4.64M (25.5%)
Netherlands$4.42M (62.7%)
South Korea$4.26M (108%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oxometallic or Peroxometallic Acid Salts BY United States WERE (2021 - 2022):
Vietnam-$4.9M (-89%)
Denmark-$2.2M (-99.6%)
Germany-$1.94M (-30.3%)
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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 Oxometallic or Peroxometallic Acid Salts were:
South Korea $4.68B
Japan $2.19B
China $1.07B
In 2022, United States's main importing competitors in Oxometallic or Peroxometallic Acid Salts were:
Poland $3.06B
Japan $778M

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Trade Value of Oxometallic or Peroxometallic Acid Salts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.59M
TOP IMPORT POTENTIALSouth Korea+ $26.3M

Oxometallic or Peroxometallic Acid Salts’s highest export potential is China. With an export gap of $4.59M.   Oxometallic or Peroxometallic Acid Salts’s highest import potential is South Korea with an import gap of $26.3M.

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