Photographic Chemicals in United States 2020 Exports | Imports : $535M | $513M, World Rnk 3 / 141 Rnk 332 / 1217 | World Rnk 4 / 215 Rnk 453 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $21.7M | $1.78M, China | Mexico
2020 ECONOMIC COMPLEXITY of United States: 1.56, Rnk 9 / 127
2020 PRODUCT COMPLEXITY IN Photographic Chemicals: 2.08, Rnk 6 / 1029
Exports In 2020, United States exported $535M 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 ($98.5M), Chinese Taipei ($77.7M), Ireland ($43.8M), Japan ($35.1M), and South Korea ($34.1M).
The fastest growing export markets for Photographic Chemicals of United States between 2019 and 2020 were China ($21.7M), Hong Kong ($11.4M), and Chinese Taipei ($5.23M).
Imports In 2020, United States imported $513M in Photographic Chemicals, becoming the 4th largest importer of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 453rd most imported product in United States. United States imports Photographic Chemicals primarily from: Japan ($437M), South Korea ($19.5M), Netherlands ($19M), Belgium ($11.2M), and Canada ($8.13M).
The fastest growing import markets in Photographic Chemicals for United States between 2019 and 2020 were Mexico ($1.78M), Australia ($158k), and South Africa ($77.8k).
Tariffs In 2017, the average tariff for United States in Photographic Chemicals was 1.23%. The countries with the highest import tariffs for Photographic Chemicals were Equatorial Guinea (Most Favoured Nation duty rate treatement, 2%), Libya (Most Favoured Nation duty rate treatement, 2%), Mayotte (Most Favoured Nation duty rate treatement, 2%), Reunion (Most Favoured Nation duty rate treatement, 2%), and Sudan (Most Favoured Nation duty rate treatement, 2%).
November 2022
Overview In November 2022 United States' Photographic Chemicals exports accounted up to $41.6M and imports accounted up to $43.4M, resulting in a negative trade balance of $1.79M. Between November 2021 and November 2022 the exports of United States' Photographic Chemicals have decreased by $-14.2M (-25.5%) from $55.8M to $41.6M, while imports increased by $1.19M (2.82%) from $42.2M to $43.4M.
Destinations In November 2022, Photographic Chemicals were exported mostly to Taiwan ($6.92M), Mexico ($5.76M), China ($4.42M), South Korea ($3.58M), and Belgium ($2.81M), and were imported mostly from Japan ($35.5M), South Korea ($3.18M), Belgium ($1.57M), Canada ($1.03M), and Taiwan ($584k).
Growth In November 2022, the decrease in Photographic Chemicals's year-by-year exports was explained primarily by a decrease in exports to Ireland ($-1.57M or -34.1%), France ($-1.51M or -83.4%), and Mexico ($-1.14M or -28.6%). In November 2022, the increase in Photographic Chemicals's year-by-year imports was explained primarily by an increase in imports from Belgium ($213k or 33.2%), Canada ($94.7k or 11.9%), and United Kingdom ($76.9k or 89.3%).
EXPORT GROWTH (November 2021 - November 2022): $-14.2M, (-25.5%)
IMPORT GROWTH (November 2021 - November 2022): $1.19M, (2.82%)
MAIN EXPORTER (November 2022): New Jersey, $9.86M
MAIN DESTINATION (November 2022): Taiwan, $6.92M
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.
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EXPORTS (2020): $535M
IMPORTS (2020): $513M
NET TRADE (2020): $21.7M
In 2020, United States exported $535M in Photographic Chemicals. The main destinations of United States exports on Photographic Chemicals were China ($98.5M), Chinese Taipei ($77.7M), Ireland ($43.8M), Japan ($35.1M), and South Korea ($34.1M).
In 2020, United States imported $513M in Photographic Chemicals, mainly from Japan ($437M), South Korea ($19.5M), Netherlands ($19M), Belgium ($11.2M), and Canada ($8.13M).
THE FASTEST GROWING Photographic Chemicals EXPORT MARKETS FOR United States WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photographic Chemicals BY United States WERE (2019 - 2020):
In 2020, United States's main exporting competitors in Photographic Chemicals were:
In 2020, United States's main importing competitors in Photographic Chemicals were:
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