2023
Exports
$315MWorld Rnk 3 / 130
Flag Rnk 471 / 1217
2023
PRODUCT COMPLEXITY IN Phosphinates (hypophosphites) and phosphonates (phosphites)
-0.052Rnk 576 / 1025
2023
Imports
$488MWorld Rnk 1 / 204
Flag Rnk 527 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $315M in Phosphinates (hypophosphites) and phosphonates (phosphites), making it the 3rd largest exporter of Phosphinates (hypophosphites) and phosphonates (phosphites) in the world. At the same year, Phosphinates (hypophosphites) and phosphonates (phosphites) was the 471st most exported product in United States. The main destination of Phosphinates (hypophosphites) and phosphonates (phosphites) exports from United States are: Canada ($52.1M), Mexico ($44M), Germany ($20.6M), Singapore ($17.2M), and United Kingdom ($13.8M).

The fastest growing export markets for Phosphinates (hypophosphites) and phosphonates (phosphites) of United States between 2022 and 2023 were Poland ($5.91M), Philippines ($2.89M), and Brunei ($2.32M).

Imports In 2018, United States imported $488M in Phosphinates (hypophosphites) and phosphonates (phosphites), becoming the 1st largest importer of Phosphinates (hypophosphites) and phosphonates (phosphites) in the world. At the same year, Phosphinates (hypophosphites) and phosphonates (phosphites) was the 527th most imported product in United States. United States imports Phosphinates (hypophosphites) and phosphonates (phosphites) primarily from: China ($79.8M), Canada ($67.2M), Germany ($56.3M), Japan ($44.1M), and Mexico ($43.5M).

The fastest growing import markets in Phosphinates (hypophosphites) and phosphonates (phosphites) for United States between 2022 and 2023 were Netherlands ($11.5M), Japan ($2.74M), and Morocco ($1.9M).

COMPANIES In 2024, leading companies such as Pirelli Tires (5), Xerox (3), and Acuity Brands (2) were at the forefront of shipping Phosphinates (hypophosphites) and phosphonates (phosphites) to the United States.

Latest Trends

January 2025

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$4.51M(16.5%)
IMPORT GROWTH (January 2024 - January 2025)$9.1M(23.6%)
MAIN EXPORTER (January 2025)Texas$6.38M
MAIN DESTINATION (January 2025)Mexico$3.96M

This section shows Phosphinates (hypophosphites) and phosphonates (phosphites)'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 Phosphinates (hypophosphites) and phosphonates (phosphites) over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$315M
IMPORTS (2023)$488M
NET TRADE (2023)-$172M

In 2023, United States exported $315M in Phosphinates (hypophosphites) and phosphonates (phosphites). The main destinations of United States exports on Phosphinates (hypophosphites) and phosphonates (phosphites) were Canada ($52.1M), Mexico ($44M), Germany ($20.6M), Singapore ($17.2M), and United Kingdom ($13.8M).

In 2023, United States imported $488M in Phosphinates (hypophosphites) and phosphonates (phosphites), mainly from China ($79.8M), Canada ($67.2M), Germany ($56.3M), Japan ($44.1M), and Mexico ($43.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Phosphinates (hypophosphites) and phosphonates (phosphites) EXPORT MARKETS FOR United States WERE (2022 - 2023):
Poland$5.91M (98%)
Philippines$2.89M (61%)
Brunei$2.32M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphinates (hypophosphites) and phosphonates (phosphites) BY United States WERE (2022 - 2023):
Dominican Republic-$12.1M (-68.4%)
Canada-$9.88M (-15.9%)
Guatemala-$6.82M (-57.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Phosphinates (hypophosphites) and phosphonates (phosphites) were:
China $1.48B
In 2023, United States's main importing competitors in Phosphinates (hypophosphites) and phosphonates (phosphites) were:

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Trade Value of Phosphinates (hypophosphites) and phosphonates (phosphites) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $6.13M
TOP IMPORT POTENTIALChina+ $36.3M

Phosphinates (hypophosphites) and phosphonates (phosphites)’s highest export potential is India. With an export gap of $6.13M.   Phosphinates (hypophosphites) and phosphonates (phosphites)’s highest import potential is China with an import gap of $36.3M.

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