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2022
Exports $3.38BWorld Rnk 3 / 63
Flag Rnk 75 / 4632
2022
Destination $352M Italy
2021 - 2022
FASTEST GROWING MARKET $352MCanada
2022
Imports $3.51BWorld Rnk 3 / 70
Flag Rnk 135 / 4573
2022
Origin $88.1M Russia
2021 - 2022
FASTEST GROWING ORIGIN $88.1MSwitzerland
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $3.38B 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 75th most exported product in United States. The main destination of Palladium unwrought or in powder form exports from United States are: Italy ($770M), Japan ($489M), Germany ($469M), China ($415M), and Canada ($360M).

The fastest growing export markets for Palladium unwrought or in powder form of United States between 2021 and 2022 were Canada ($352M), Germany ($242M), and Japan ($200M).

Imports In 2022, United States imported $3.51B in Palladium unwrought or in powder form, becoming the 3rd largest importer of Palladium unwrought or in powder form in the world. At the same year, Palladium unwrought or in powder form was the 135th most imported product in United States. United States imports Palladium unwrought or in powder form primarily from: Russia ($1.35B), South Africa ($1.09B), Belgium ($277M), Switzerland ($244M), and South Korea ($151M).

The fastest growing import markets in Palladium unwrought or in powder form for United States between 2021 and 2022 were Switzerland ($88.1M), Japan ($74.7M), and United Kingdom ($35.1M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Palladium unwrought or in powder form to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Palladium unwrought or in powder form exports accounted up to $200M and imports accounted up to $176M, resulting in a positive trade balance of $24.1M. Between September 2023 and September 2024 the exports of United States'   Palladium unwrought or in powder form have increased by $5.33M (2.73%) from $195M to $200M, while imports decreased by $-64M (-26.6%) from $240M to $176M.

Destinations In September 2024, Palladium unwrought or in powder form were exported mostly to Switzerland ($105M), Canada ($46.7M), Japan ($15.3M), Germany ($8.62M), and South Korea ($7.58M), and were imported mostly from Russia ($88.4M), South Africa ($71.3M), South Korea ($8.5M), Italy ($2.91M), and Belgium ($2.35M).

Growth In September 2024, the increase in Palladium unwrought or in powder form's year-by-year exports was explained primarily by an increase in exports to Canada ($68.4M or 13.3k%), Italy ($52M or 83%), and Switzerland ($13.9M or 27.1k%). In September 2024, the decrease in Palladium unwrought or in powder form's year-by-year imports was explained primarily by a decrease in imports from Belgium ($-21M or -58.1%), Germany ($-14.5M or -98.4%), and Italy ($-13.8M or -86.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$5.33M(2.73%)
IMPORT GROWTH (September 2023 - September 2024)$-64M(-26.6%)
MAIN EXPORTER (September 2024)New Jersey$194M
MAIN DESTINATION (September 2024)Switzerland$105M

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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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.38B
IMPORTS (2022)$3.51B
NET TRADE (2022)-$122M

In 2022, United States exported $3.38B in Palladium unwrought or in powder form. The main destinations of United States exports on Palladium unwrought or in powder form were Italy ($770M), Japan ($489M), Germany ($469M), China ($415M), and Canada ($360M).

In 2022, United States imported $3.51B in Palladium unwrought or in powder form, mainly from Russia ($1.35B), South Africa ($1.09B), Belgium ($277M), Switzerland ($244M), and South Korea ($151M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palladium unwrought or in powder form EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$352M (4.37k%)
Germany$242M (106%)
Japan$200M (69.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palladium unwrought or in powder form BY United States WERE (2021 - 2022):
Switzerland-$225M (-41.9%)
China-$201M (-32.7%)
South Korea-$164M (-94%)
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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 Palladium unwrought or in powder form were:
Russia $4.99B
South Africa $4.14B
In 2022, United States's main importing competitors in Palladium unwrought or in powder form were:
Germany $4.01B
Japan $3.62B

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Trade Value of Palladium unwrought or in powder form by Exporters

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