Photographic Chemicals in United States

2019
Exports | Imports
: $585M | $694M, World Rnk 3 / 144
Flag Rnk 332 / 1217 | World Rnk 3 / 213
Flag Rnk 407 / 1215

2019
Destination | Origin
: $80.5M | $596M, China | Japan

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $14M | $763k, Israel |  Singapore

2019
ECONOMIC COMPLEXITY of United States
: 1.64, Rnk 9 / 157

2019
PRODUCT COMPLEXITY  IN Photographic Chemicals
: 2.24, Rnk 3 / 1029

Exports: In 2019, United States exported $585M in Photographic Chemicals, making it the 3rd largest exporter of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 332nd most exported product in United States. The main destination of Photographic Chemicals exports from United States are: China ($80.5M), Chinese Taipei ($73.7M), Ireland ($59.3M), Mexico ($54.2M), and South Korea ($33.7M).

The fastest growing export markets for Photographic Chemicals of United States between 2018 and 2019 were Israel ($14M), Chinese Taipei ($9.03M), and Ireland ($8.3M).

Imports: In 2019, United States imported $694M in Photographic Chemicals, becoming the 3rd largest importer of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 407th most imported product in United States. United States imports Photographic Chemicals primarily from: Japan ($596M), South Korea ($28.9M), Netherlands ($24.4M), Belgium ($12.2M), and China ($8.8M).

The fastest growing import markets in Photographic Chemicals for United States between 2018 and 2019 were Singapore ($763k), Chinese Taipei ($271k), and United Arab Emirates ($127k).

Tariffs: In 2017, the average tariff for United States in Photographic Chemicals was 0.95%. The countries with the highest import tariffs for Photographic Chemicals were Equatorial Guinea (2%), Libya (2%), Mayotte (2%), Reunion (2%), and Sudan (2%).

Overview: In January 2021 United States' Photographic Chemicals exports accounted up to $51.2M and imports accounted up to $33.1M, resulting in a positive trade balance of $18.1M. Between January 2020 and January 2021 the exports of United States'   Photographic Chemicals have increased by $6.37M (14.2%) from $44.8M to $51.2M, while imports decreased by $-23.6M (-41.7%) from $56.8M to $33.1M.

Destinations: In January 2021 Photographic Chemicals exported mostly to China ($9.54M), Taiwan ($8.46M), Japan ($4.91M), Israel ($3.63M), and Singapore ($3.37M), and imported mostly from Japan ($27.1M), South Korea ($2.81M), Canada ($888k), Belgium ($854k), and Spain ($785k).

Growth: In January 2021, the increase in Photographic Chemicals's year-by-year exports was explained primarily by an increase in exports to China ($5.15M or 117%), Japan ($2.69M or 121%), and Israel ($1.62M or 80.4%). In January 2021, the decrease in Photographic Chemicals's year-by-year imports was explained primarily by a decrease in imports from Japan ($-22.9M or -45.7%), China ($-554k or -72.1%), and South Korea ($-293k or -9.45%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (January 2020 - January 2021): $6.37M, (14.2%)

IMPORT GROWTH (January 2020 - January 2021): $-23.6M, (-41.7%)

MAIN EXPORTER (January 2021): New Jersey, $14M

MAIN DESTINATION (January 2021): China, $9.54M

This section shows Photographic Chemicals'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 Photographic Chemicals over time.

Value

EXPORTS (2019): $585M

IMPORTS (2019): $694M

NET TRADE (2019): -$109M

In 2019, United States exported $585M in Photographic Chemicals. The main destinations of United States exports on Photographic Chemicals were China ($80.5M), Chinese Taipei ($73.7M), Ireland ($59.3M), Mexico ($54.2M), and South Korea ($33.7M).

In 2019, United States imported $694M in Photographic Chemicals, mainly from Japan ($596M), South Korea ($28.9M), Netherlands ($24.4M), Belgium ($12.2M), and China ($8.8M).

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IN 2019, United States HAD A POSITIVE NET TRADE IN Photographic Chemicals WITH:

IN 2019, United States HAD A NEGATIVE NET TRADE IN Photographic Chemicals WITH:

Flow

THE FASTEST GROWING Photographic Chemicals EXPORT MARKETS FOR United States WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photographic Chemicals BY United States WERE (2018 - 2019):

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Market Concentration

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Type

In 2018, United States's main exporting competitors in Photographic Chemicals were:

In 2018, United States's main importing competitors in Photographic Chemicals were:

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Tariffs by Country

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In 2017, the average tariff for United States in Photographic Chemicals was 0.95%.

The countries with the highest tariffs for Photographic Chemicals in United States were Equatorial Guinea (2%), Libya (2%), Mayotte (2%), Reunion (2%), and Sudan (2%).

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