2023
Exports
$110MWorld Rnk 4 / 105
Flag Rnk 692 / 1217
2023
PRODUCT COMPLEXITY IN Oxometallic or Peroxometallic Acid Salts
-0.15Rnk 607 / 1025
2023
Imports
$367MWorld Rnk 6 / 184
Flag Rnk 603 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $110M 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 692nd most exported product in United States. The main destination of Oxometallic or Peroxometallic Acid Salts exports from United States are: China ($30.9M), Canada ($18.4M), Mexico ($13.8M), Japan ($12.2M), and Germany ($6.26M).

The fastest growing export markets for Oxometallic or Peroxometallic Acid Salts of United States between 2022 and 2023 were China ($1.39M), Chinese Taipei ($572k), and Turkey ($487k).

Imports In 2023, United States imported $367M in Oxometallic or Peroxometallic Acid Salts, becoming the 6th largest importer of Oxometallic or Peroxometallic Acid Salts in the world. At the same year, Oxometallic or Peroxometallic Acid Salts was the 603rd most imported product in United States. United States imports Oxometallic or Peroxometallic Acid Salts primarily from: Japan ($158M), China ($55.6M), Chile ($41.3M), India ($25.2M), and Germany ($22.1M).

The fastest growing import markets in Oxometallic or Peroxometallic Acid Salts for United States between 2022 and 2023 were Japan ($33.1M), Chile ($16.8M), and India ($7.34M).

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

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$4.42M(66%)
IMPORT GROWTH (November 2023 - November 2024)$8.06M(76.5%)
MAIN EXPORTER (November 2024)Iowa$7.54M
MAIN DESTINATION (November 2024)China$4.11M

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 (2023)$110M
IMPORTS (2023)$367M
NET TRADE (2023)-$257M

In 2023, United States exported $110M in Oxometallic or Peroxometallic Acid Salts. The main destinations of United States exports on Oxometallic or Peroxometallic Acid Salts were China ($30.9M), Canada ($18.4M), Mexico ($13.8M), Japan ($12.2M), and Germany ($6.26M).

In 2023, United States imported $367M in Oxometallic or Peroxometallic Acid Salts, mainly from Japan ($158M), China ($55.6M), Chile ($41.3M), India ($25.2M), and Germany ($22.1M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Oxometallic or Peroxometallic Acid Salts EXPORT MARKETS FOR United States WERE (2022 - 2023):
China$1.39M (4.71%)
Chinese Taipei$572k (143%)
Turkey$487k (99.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oxometallic or Peroxometallic Acid Salts BY United States WERE (2022 - 2023):
South Korea-$10.6M (-81.5%)
Japan-$4.63M (-27.6%)
Germany-$3.31M (-34.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Oxometallic or Peroxometallic Acid Salts were:
China $1.63B
Japan $1.08B
In 2023, United States's main importing competitors in Oxometallic or Peroxometallic Acid Salts were:
Poland $3.66B
Japan $758M

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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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