2023
Exports
$143MWorld Rnk 5 / 194
Flag Rnk 631 / 1217
2023
PRODUCT COMPLEXITY IN Perfume Plants
-1.84Rnk 985 / 1025
2023
Imports
$512MWorld Rnk 1 / 215
Flag Rnk 513 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $143M in Perfume Plants, making it the 5th largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 631st most exported product in United States. The main destination of Perfume Plants exports from United States are: Germany ($28M), Hong Kong ($24.6M), China ($19M), Canada ($17.9M), and Spain ($17.5M).

The fastest growing export markets for Perfume Plants of United States between 2022 and 2023 were China ($4.83M), Germany ($1.89M), and Italy ($602k).

Imports In 2023, United States imported $512M in Perfume Plants, becoming the 1st largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 513th most imported product in United States. United States imports Perfume Plants primarily from: India ($161M), Mexico ($54.4M), Colombia ($32.8M), Nigeria ($31.3M), and China ($27.9M).

The fastest growing import markets in Perfume Plants for United States between 2022 and 2023 were Nigeria ($18.4M), Canada ($5.58M), and Mexico ($3.67M).

COMPANIES In 2023, leading companies such as At Home Procurement (41), PACCAR Engine (17), and Barilla (6) were at the forefront of shipping Perfume Plants to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-397k(-2.96%)
IMPORT GROWTH (November 2023 - November 2024)$-214k(-0.5%)
MAIN EXPORTER (November 2024)Florida$8.14M
MAIN DESTINATION (November 2024)Germany$2.65M

This section shows Perfume Plants'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 Perfume Plants over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$143M
IMPORTS (2023)$512M
NET TRADE (2023)-$369M

In 2023, United States exported $143M in Perfume Plants. The main destinations of United States exports on Perfume Plants were Germany ($28M), Hong Kong ($24.6M), China ($19M), Canada ($17.9M), and Spain ($17.5M).

In 2023, United States imported $512M in Perfume Plants, mainly from India ($161M), Mexico ($54.4M), Colombia ($32.8M), Nigeria ($31.3M), and China ($27.9M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR United States WERE (2022 - 2023):
China$4.83M (34.2%)
Germany$1.89M (7.24%)
Italy$602k (14.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY United States WERE (2022 - 2023):
Switzerland-$3.4M (-94.9%)
Denmark-$3.21M (-68.1%)
India-$2.05M (-77.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Perfume Plants were:
China $988M
India $467M
In 2023, United States's main importing competitors in Perfume Plants were:

Explore Visualizations

Trade Value of Perfume Plants by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.55M
TOP IMPORT POTENTIALChina+ $18.2M

Perfume Plants’s highest export potential is China. With an export gap of $4.55M.   Perfume Plants’s highest import potential is China with an import gap of $18.2M.

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