Photographic Chemicals in 
United States 2019 Exports | Imports : $585M | $694M, World Rnk 3 / 144 Rnk 332 / 1217 | World Rnk 3 / 213 Rnk 407 / 1215
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $14M | $763k, Israel | Singapore
2019 ECONOMIC COMPLEXITY of United States: 1.59, Rnk 9 / 147
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 (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%).
Overview: In May 2021 United States' Photographic Chemicals exports accounted up to $53.5M and imports accounted up to $40M, resulting in a positive trade balance of $13.4M. Between May 2020 and May 2021 the exports of United States' Photographic Chemicals have increased by $7.42M (16.1%) from $46M to $53.5M, while imports decreased by $-1.38M (-3.32%) from $41.4M to $40M.
Destinations: In May 2021, Photographic Chemicals were exported mostly to China ($11.4M), Taiwan ($9.13M), Belgium ($4.78M), Ireland ($4.2M), and Mexico ($3.22M), and were imported mostly from Japan ($35.3M), South Korea ($1.78M), Belgium ($820k), Canada ($419k), and Spain ($405k).
Growth: In May 2021, the increase in Photographic Chemicals's year-by-year exports was explained primarily by an increase in exports to Mexico ($2.61M or 423%), Ireland ($2.43M or 137%), and Belgium ($2.38M or 98.8%). In May 2021, the decrease in Photographic Chemicals's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-1.36M or -43.3%), China ($-354k or -60.2%), and Belgium ($-319k or -28%).
EXPORT GROWTH (May 2020 - May 2021): $7.42M, (16.1%)
IMPORT GROWTH (May 2020 - May 2021): $-1.38M, (-3.32%)
MAIN EXPORTER (May 2021): New Jersey, $16.8M
MAIN DESTINATION (May 2021): China, $11.4M
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 (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).
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:
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):
In 2018, United States's main exporting competitors in Photographic Chemicals were:
In 2018, United States's main importing competitors in Photographic Chemicals were:
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 (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%).
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