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2022
Exports $544MWorld Rnk 1 / 165
Flag Rnk 371 / 1217
2022
Destination $6.93M Chinese Taipei
2021 - 2022
FASTEST GROWING MARKET $6.93MChinese Taipei
2022
PRODUCT COMPLEXITY IN Polishes and Creams0.11Rnk 520 / 1025
2022
Imports $124MWorld Rnk 5 / 221
Flag Rnk 846 / 1216
2022
Origin $5.16M Japan
2021 - 2022
FASTEST GROWING ORIGIN $5.16MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $544M in Polishes and Creams, making it the 1st largest exporter of Polishes and Creams in the world. At the same year, Polishes and Creams was the 371st most exported product in United States. The main destination of Polishes and Creams exports from United States are: Chinese Taipei ($83.9M), China ($59.3M), Canada ($52.2M), South Korea ($36.5M), and Singapore ($31.6M).

The fastest growing export markets for Polishes and Creams of United States between 2021 and 2022 were Chinese Taipei ($6.93M), South Korea ($6.91M), and Israel ($6.62M).

Imports In 2022, United States imported $124M in Polishes and Creams, becoming the 5th largest importer of Polishes and Creams in the world. At the same year, Polishes and Creams was the 846th most imported product in United States. United States imports Polishes and Creams primarily from: Japan ($30.9M), South Korea ($20M), Germany ($12.2M), United Kingdom ($7.53M), and China ($7.17M).

The fastest growing import markets in Polishes and Creams for United States between 2021 and 2022 were Mexico ($5.16M), Canada ($2.74M), and Honduras ($2.46M).

COMPANIES In 2023, leading companies such as Samsung (39), Michael Kors (27), and Goldensee Limited (9) were at the forefront of shipping Polishes and Creams to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Polishes and Creams exports accounted up to $38.7M and imports accounted up to $11.5M, resulting in a positive trade balance of $27.2M. Between September 2023 and September 2024 the exports of United States'   Polishes and Creams have increased by $4.57M (13.4%) from $34.1M to $38.7M, while imports decreased by $-350k (-2.95%) from $11.9M to $11.5M.

Destinations In September 2024, Polishes and Creams were exported mostly to China ($7.05M), Chinese Taipei ($3.99M), Canada ($3.62M), Belgium ($3.18M), and South Korea ($2.51M), and were imported mostly from Japan ($3.26M), South Korea ($1.77M), Chinese Taipei ($1.69M), China ($823k), and United Kingdom ($810k).

Growth In September 2024, the increase in Polishes and Creams's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei ($3.06M or 71.7%), Belgium ($947k or 78.4%), and Canada ($888k or 25.9%). In September 2024, the decrease in Polishes and Creams's year-by-year imports was explained primarily by a decrease in imports from Spain ($-2.02M or -92.4%), Japan ($-1.14M or -29.4%), and South Korea ($-989k or -56.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$4.57M(13.4%)
IMPORT GROWTH (September 2023 - September 2024)$-350k(-2.95%)
MAIN EXPORTER (September 2024)Illinois$9.31M
MAIN DESTINATION (September 2024)China$7.05M

This section shows Polishes and Creams'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 Polishes and Creams over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$544M
IMPORTS (2022)$124M
NET TRADE (2022)$421M

In 2022, United States exported $544M in Polishes and Creams. The main destinations of United States exports on Polishes and Creams were Chinese Taipei ($83.9M), China ($59.3M), Canada ($52.2M), South Korea ($36.5M), and Singapore ($31.6M).

In 2022, United States imported $124M in Polishes and Creams, mainly from Japan ($30.9M), South Korea ($20M), Germany ($12.2M), United Kingdom ($7.53M), and China ($7.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Polishes and Creams EXPORT MARKETS FOR United States WERE (2021 - 2022):
Chinese Taipei$6.93M (9.01%)
South Korea$6.91M (23.3%)
Israel$6.62M (30.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polishes and Creams BY United States WERE (2021 - 2022):
United Kingdom-$5.57M (-35.7%)
Hong Kong-$1.98M (-21.1%)
France-$1.61M (-18.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Polishes and Creams were:
Japan $461M
Germany $236M
In 2022, United States's main importing competitors in Polishes and Creams were:
China $346M
Chinese Taipei $244M
South Korea $192M

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Trade Value of Polishes and Creams by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $3.26M
TOP IMPORT POTENTIALChina+ $4.44M

Polishes and Creams’s highest export potential is Canada. With an export gap of $3.26M.   Polishes and Creams’s highest import potential is China with an import gap of $4.44M.

See methodology.

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