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%).