Palladium unwrought or in powder form in United States | The Observatory of Economic Complexity

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Exports In 2023, United States exported $1.56B in Palladium unwrought or in powder form, making it the 3rd largest exporter of Palladium unwrought or in powder form in the world. At the same year, Palladium unwrought or in powder form was the 182nd most exported product in United States. The main destination of Palladium unwrought or in powder form exports from United States are: Germany ($366M), Switzerland ($281M), Canada ($250M), Italy ($243M), and Japan ($125M).

The fastest growing export markets for Palladium unwrought or in powder form of United States between 2022 and 2023 were Germany ($51M), South Korea ($44.8M), and North Macedonia ($18.2M).

Imports In 2023, United States imported $2.7B in Palladium unwrought or in powder form, becoming the 1st largest importer of Palladium unwrought or in powder form in the world. At the same year, Palladium unwrought or in powder form was the 173rd most imported product in United States. United States imports Palladium unwrought or in powder form primarily from: Russia ($1.08B), South Africa ($980M), Belgium ($212M), South Korea ($154M), and Japan ($90.6M).

The fastest growing import markets in Palladium unwrought or in powder form for United States between 2022 and 2023 were United Kingdom ($8.29M), South Korea ($7.47M), and India ($4.99M).

COMPANIES In 2024, leading companies such as IKEA Group (110k), CrimsonLogic (105k), and LG Electronics (53k) were at the forefront of shipping Palladium unwrought or in powder form to the United States.

Latest Trends

January 2025

About

Overview In January 2025 United States' Palladium unwrought or in powder form exports accounted up to $176M and imports accounted up to $218M, resulting in a negative trade balance of $42.7M. Between January 2024 and January 2025 the exports of United States' Palladium unwrought or in powder form have decreased by $-66.8M (-27.5%) from $243M to $176M, while imports increased by $77M (54.4%) from $142M to $218M.

Destinations In January 2025, Palladium unwrought or in powder form were exported mostly to Switzerland ($39.6M), Germany ($34.4M), Canada ($32.7M), Italy ($15.3M), and Japan ($13.9M), and were imported mostly from South Africa ($65.6M), Russia ($15.8M), South Korea ($7.81M), Belgium ($6.99M), and Germany ($5.58M).

Growth In January 2025, the decrease in Palladium unwrought or in powder form's year-by-year exports was explained primarily by a decrease in exports to Italy ($-54.4M or -47.5%), Canada ($-31.4M or -45.6%), and Japan ($-23.3M or -59.6%). In January 2025, the increase in Palladium unwrought or in powder form's year-by-year imports was explained primarily by an increase in imports from Germany ($6.11M or 2.67k%), Switzerland ($5.47M or 623%), and Italy ($3.9M or 178%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2024 - January 2025)$-66.8M(-27.5%)

IMPORT GROWTH (January 2024 - January 2025)$77M(54.4%)

MAIN EXPORTER (January 2025)New Jersey$145M

MAIN DESTINATION (January 2025)Switzerland$39.6M

This section shows Palladium unwrought or in powder form'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 Palladium unwrought or in powder form over time.

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