Polishes and Creams in United States 2020 Exports | Imports : $428M | $113M, World Rnk 2 / 161 Rnk 372 / 1217 | World Rnk 5 / 216 Rnk 795 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $16.9M | $2.83M, Chinese Taipei | Denmark
2020 ECONOMIC COMPLEXITY of United States: 1.56, Rnk 9 / 127
2020 PRODUCT COMPLEXITY IN Polishes and Creams: 0.27, Rnk 454 / 1029
Exports In 2020, United States exported $428M in Polishes and Creams, making it the 2nd largest exporter of Polishes and Creams in the world. At the same year, Polishes and Creams was the 372nd most exported product in United States. The main destination of Polishes and Creams exports from United States are: Chinese Taipei ($67.2M), China ($53.6M), Canada ($45M), Singapore ($38.1M), and South Korea ($22.2M).
The fastest growing export markets for Polishes and Creams of United States between 2019 and 2020 were Chinese Taipei ($16.9M), South Korea ($6.46M), and China ($3.92M).
Imports In 2020, United States imported $113M 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 795th most imported product in United States. United States imports Polishes and Creams primarily from: Japan ($35.3M), South Korea ($15.9M), Mexico ($10.6M), Germany ($9.34M), and China ($7.12M).
The fastest growing import markets in Polishes and Creams for United States between 2019 and 2020 were Denmark ($2.83M), Honduras ($872k), and Austria ($609k).
November 2022
Overview In November 2022 United States' Polishes and Creams exports accounted up to $33.2M and imports accounted up to $11.9M, resulting in a positive trade balance of $21.3M. Between November 2021 and November 2022 the exports of United States' Polishes and Creams have decreased by $-9M (-21.3%) from $42.2M to $33.2M, while imports increased by $2.02M (20.5%) from $9.85M to $11.9M.
Destinations In November 2022, Polishes and Creams were exported mostly to Taiwan ($6.02M), Canada ($3.95M), China ($3.86M), Belgium ($2.46M), and Singapore ($2.12M), and were imported mostly from Japan ($3.91M), South Korea ($2.11M), Germany ($1.11M), France ($621k), and United Kingdom ($569k).
Growth In November 2022, the decrease in Polishes and Creams's year-by-year exports was explained primarily by a decrease in exports to Canada ($-717k or -17.2%), Turkey ($-279k or -95.4%), and Vietnam ($-268k or -61%). In November 2022, the increase in Polishes and Creams's year-by-year imports was explained primarily by an increase in imports from Austria ($714k or 301%), South Korea ($709k or 164%), and Turkey ($525k or 2.8k%).
EXPORT GROWTH (November 2021 - November 2022): $-9M, (-21.3%)
IMPORT GROWTH (November 2021 - November 2022): $2.02M, (20.5%)
MAIN EXPORTER (November 2022): Arizona, $5.94M
MAIN DESTINATION (November 2022): Taiwan, $6.02M
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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EXPORTS (2020): $428M
IMPORTS (2020): $113M
NET TRADE (2020): $315M
In 2020, United States exported $428M in Polishes and Creams. The main destinations of United States exports on Polishes and Creams were Chinese Taipei ($67.2M), China ($53.6M), Canada ($45M), Singapore ($38.1M), and South Korea ($22.2M).
In 2020, United States imported $113M in Polishes and Creams, mainly from Japan ($35.3M), South Korea ($15.9M), Mexico ($10.6M), Germany ($9.34M), and China ($7.12M).
THE FASTEST GROWING Polishes and Creams EXPORT MARKETS FOR United States WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polishes and Creams BY United States WERE (2019 - 2020):
In 2020, United States's main exporting competitors in Polishes and Creams were:
In 2020, United States's main importing competitors in Polishes and Creams were:
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