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2022
Exports $713MWorld Rnk 3 / 119
Flag Rnk 314 / 1217
2022
Destination $23.6M Switzerland
2021 - 2022
FASTEST GROWING MARKET $23.6MChina
2022
PRODUCT COMPLEXITY IN Oxygen Heterocyclic Compounds1.05Rnk 152 / 1025
2022
Imports $1.72BWorld Rnk 1 / 196
Flag Rnk 279 / 1216
2022
Origin $261M China
2021 - 2022
FASTEST GROWING ORIGIN $261MNetherlands
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $713M in Oxygen Heterocyclic Compounds, making it the 3rd largest exporter of Oxygen Heterocyclic Compounds in the world. At the same year, Oxygen Heterocyclic Compounds was the 314th most exported product in United States. The main destination of Oxygen Heterocyclic Compounds exports from United States are: Switzerland ($76.9M), China ($63.4M), Netherlands ($57.3M), Mexico ($57.1M), and South Korea ($47.6M).

The fastest growing export markets for Oxygen Heterocyclic Compounds of United States between 2021 and 2022 were China ($23.6M), Netherlands ($15.4M), and France ($11.9M).

Imports In 2022, United States imported $1.72B in Oxygen Heterocyclic Compounds, becoming the 1st largest importer of Oxygen Heterocyclic Compounds in the world. At the same year, Oxygen Heterocyclic Compounds was the 279th most imported product in United States. United States imports Oxygen Heterocyclic Compounds primarily from: China ($607M), Netherlands ($425M), Ireland ($170M), Switzerland ($86.4M), and India ($57.4M).

The fastest growing import markets in Oxygen Heterocyclic Compounds for United States between 2021 and 2022 were Netherlands ($261M), China ($79.9M), and United Kingdom ($14.6M).

COMPANIES In 2023, leading companies such as Walmart (476), Dole Fresh Fruit (302), and Home Depot (141) were at the forefront of shipping Oxygen Heterocyclic Compounds to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Oxygen Heterocyclic Compounds exports accounted up to $48.1M and imports accounted up to $495M, resulting in a negative trade balance of $447M. Between September 2023 and September 2024 the exports of United States'   Oxygen Heterocyclic Compounds have increased by $1.02M (2.17%) from $47.1M to $48.1M, while imports increased by $179M (56.7%) from $316M to $495M.

Destinations In September 2024, Oxygen Heterocyclic Compounds were exported mostly to Mexico ($5.46M), China ($4.17M), Singapore ($4.12M), India ($3.76M), and Switzerland ($3.73M), and were imported mostly from Ireland ($231M), Netherlands ($178M), China ($42M), India ($13.5M), and Switzerland ($7.34M).

Growth In September 2024, the increase in Oxygen Heterocyclic Compounds's year-by-year exports was explained primarily by an increase in exports to China ($2.15M or 46.9%), Australia ($2.01M or 498%), and Singapore ($1.2M or 41.1%). In September 2024, the increase in Oxygen Heterocyclic Compounds's year-by-year imports was explained primarily by an increase in imports from Ireland ($240M or 230%), Netherlands ($63.2M or 3.04k%), and Switzerland ($8.84M or 195%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$1.02M(2.17%)
IMPORT GROWTH (September 2023 - September 2024)$179M(56.7%)
MAIN EXPORTER (September 2024)Tennessee$15.6M
MAIN DESTINATION (September 2024)Mexico$5.46M

This section shows Oxygen 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 Oxygen Heterocyclic Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$713M
IMPORTS (2022)$1.72B
NET TRADE (2022)-$1.01B

In 2022, United States exported $713M in Oxygen Heterocyclic Compounds. The main destinations of United States exports on Oxygen Heterocyclic Compounds were Switzerland ($76.9M), China ($63.4M), Netherlands ($57.3M), Mexico ($57.1M), and South Korea ($47.6M).

In 2022, United States imported $1.72B in Oxygen Heterocyclic Compounds, mainly from China ($607M), Netherlands ($425M), Ireland ($170M), Switzerland ($86.4M), and India ($57.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oxygen Heterocyclic Compounds EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$23.6M (59.2%)
Netherlands$15.4M (36.9%)
France$11.9M (100%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oxygen Heterocyclic Compounds BY United States WERE (2021 - 2022):
Germany-$9.82M (-21.1%)
South Korea-$8.85M (-15.7%)
Singapore-$6.7M (-20.2%)
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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 Oxygen Heterocyclic Compounds were:
China $4.03B
Germany $1.68B
In 2022, United States's main importing competitors in Oxygen Heterocyclic Compounds were:
Greece $837M
India $796M

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Trade Value of Oxygen Heterocyclic Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $11.9M
TOP IMPORT POTENTIALGermany+ $33.5M

Oxygen Heterocyclic Compounds’s highest export potential is India. With an export gap of $11.9M.   Oxygen Heterocyclic Compounds’s highest import potential is Germany with an import gap of $33.5M.

See methodology.

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