Photographic Chemicals in United States

EXPORTS (2019): $585M, World Rnk 3 / 144
Flag Rnk 332 / 1217

TOP DESTINATION (2019): $80.5M, China

FASTEST GROWING MARKET (2018 - 2019): $14M, Israel

IMPORTS (2019): $694M, World Rnk 3 / 213
Flag Rnk 407 / 1215

TOP ORIGIN (2019): $596M, Japan

FASTEST GROWING ORIGIN (2018 - 2019): $763k, Singapore

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

PRODUCT COMPLEXITY  IN Photographic Chemicals (2019): 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 December 2020 United States' Photographic Chemicals exports accounted up to $49.1M and imports accounted up to $40.8M, resulting in a positive trade balance of $8.27M. Between December 2019 and December 2020 the exports of United States'   Photographic Chemicals have increased by $3.22M (7.03%) from $45.9M to $49.1M, while imports increased by $169k (0.41%) from $40.6M to $40.8M.

Destinations: In December 2020 Photographic Chemicals exported mostly to China ($8.29M), Taiwan ($8.01M), Ireland ($4.26M), Singapore ($4.02M), and Mexico ($2.8M), and imported mostly from Japan ($35M), South Korea ($2.42M), Belgium ($1.13M), Canada ($678k), and United Kingdom ($531k).

Growth: In December 2020, the increase in Photographic Chemicals's year-by-year exports was explained primarily by an increase in exports to Singapore ($1.31M or 48.3%), Germany ($1.22M or 150%), and Japan ($823k or 49%). In December 2020, the increase in Photographic Chemicals's year-by-year imports was explained primarily by an increase in imports from Japan ($782k or 2.29%), United Kingdom ($407k or 329%), and Belgium ($262k or 30.2%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (December 2019 - December 2020): $3.22M, (7.03%)

IMPORT GROWTH (December 2019 - December 2020): $169k, (0.41%)

MAIN EXPORTER (December 2020): New Jersey, $12.9M

MAIN DESTINATION (December 2020): China, $8.29M

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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