Phthalic anhydride in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $15.4M in Phthalic anhydride, making it the 14th largest exporter of Phthalic anhydride in the world. At the same year, Phthalic anhydride was the 2914th most exported product in United States. The main destination of Phthalic anhydride exports from United States are: Canada ($10.1M), Mexico ($3.69M), Dominican Republic ($817k), China ($389k), and Singapore ($176k).

The fastest growing export markets for Phthalic anhydride of United States between 2021 and 2022 were Mexico ($3.69M), Canada ($3.25M), and Dominican Republic ($817k).

Imports In 2022, United States imported $53.8M in Phthalic anhydride, becoming the 5th largest importer of Phthalic anhydride in the world. At the same year, Phthalic anhydride was the 2578th most imported product in United States. United States imports Phthalic anhydride primarily from: Mexico ($14.7M), Italy ($11.5M), South Korea ($10.4M), Austria ($8.72M), and Israel ($3.9M).

The fastest growing import markets in Phthalic anhydride for United States between 2021 and 2022 were Mexico ($9.69M), South Korea ($5.08M), and Austria ($4.66M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Phthalic anhydride to the United States.

Latest Trends

June 2024

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Overview In June 2024 United States' Phthalic anhydride exports accounted up to $1.17M and imports accounted up to $3.79M, resulting in a negative trade balance of $2.61M. Between June 2023 and June 2024 the exports of United States' Phthalic anhydride have decreased by $-26.4k (-2.2%) from $1.2M to $1.17M, while imports increased by $1.87M (97.5%) from $1.92M to $3.79M.

Destinations In June 2024, Phthalic anhydride were exported mostly to N/A, and were imported mostly from South Korea ($1.34M), Mexico ($1.21M), Israel ($736k), Austria ($486k), and United Kingdom ($4.66k).

Growth In June 2024, the decrease in Phthalic anhydride's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-383k or -59.6%) and Canada ($-47k or -6.25%). In June 2024, the increase in Phthalic anhydride's year-by-year imports was explained primarily by an increase in imports from Austria ($183k or 76.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-26.4k(-2.2%)

IMPORT GROWTH (June 2023 - June 2024)$1.87M(97.5%)

MAIN EXPORTER (June 2024)Illinois$1.16M

This section shows Phthalic anhydride'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 Phthalic anhydride over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$15.4M

IMPORTS (2022)$53.8M

NET TRADE (2022)-$38.4M

In 2022, United States exported $15.4M in Phthalic anhydride. The main destinations of United States exports on Phthalic anhydride were Canada ($10.1M), Mexico ($3.69M), Dominican Republic ($817k), China ($389k), and Singapore ($176k).

In 2022, United States imported $53.8M in Phthalic anhydride, mainly from Mexico ($14.7M), Italy ($11.5M), South Korea ($10.4M), Austria ($8.72M), and Israel ($3.9M).

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