Polyacetals in United States 2021 Exports | Imports : $6.14B | $5.22B, World Rnk 5 / 178 Rnk 44 / 1216 | World Rnk 2 / 218 Rnk 106 / 1215
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $404M | $632M, Mexico | South Korea
2021 ECONOMIC COMPLEXITY of United States: 1.46, Rnk 10 / 131
2021 PRODUCT COMPLEXITY IN Polyacetals: 0.76, Rnk 259 / 1024
Exports In 2021, United States exported $6.14B in Polyacetals, making it the 5th largest exporter of Polyacetals in the world. At the same year, Polyacetals was the 44th most exported product in United States. The main destination of Polyacetals exports from United States are: Mexico ($1.67B), China ($967M), Canada ($907M), Brazil ($268M), and Netherlands ($260M).
The fastest growing export markets for Polyacetals of United States between 2020 and 2021 were Mexico ($404M), Canada ($202M), and China ($182M).
Imports In 2021, United States imported $5.22B in Polyacetals, becoming the 2nd largest importer of Polyacetals in the world. At the same year, Polyacetals was the 106th most imported product in United States. United States imports Polyacetals primarily from: South Korea ($1.06B), Mexico ($532M), Chinese Taipei ($498M), Canada ($478M), and Germany ($384M).
The fastest growing import markets in Polyacetals for United States between 2020 and 2021 were South Korea ($632M), Chinese Taipei ($318M), and China ($246M).
May 2023
Overview In May 2023 United States' Polyacetals exports accounted up to $510M and imports accounted up to $403M, resulting in a positive trade balance of $107M. Between May 2022 and May 2023 the exports of United States' Polyacetals have decreased by $-76.8M (-13.1%) from $587M to $510M, while imports decreased by $-169M (-29.5%) from $572M to $403M.
Destinations In May 2023, Polyacetals were exported mostly to Mexico ($182M), Canada ($79M), China ($60.3M), Belgium ($17.7M), and Brazil ($17M), and were imported mostly from South Korea ($81.6M), Taiwan ($51.5M), Mexico ($50.2M), Canada ($46M), and Germany ($28.6M).
Growth In May 2023, the decrease in Polyacetals's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-9.46M or -41.5%), Hong Kong ($-5.67M or -31.6%), and Brazil ($-5.39M or -23%). In May 2023, the decrease in Polyacetals's year-by-year imports was explained primarily by a decrease in imports from Austria ($-2.49M or -82.8%), Singapore ($-1.09M or -44%), and Luxembourg ($-631k or -80.6%).
EXPORT GROWTH (May 2022 - May 2023): $-76.8M, (-13.1%)
IMPORT GROWTH (May 2022 - May 2023): $-169M, (-29.5%)
MAIN EXPORTER (May 2023): Texas, $115M
MAIN DESTINATION (May 2023): Mexico, $182M
This section shows Polyacetals'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 Polyacetals over time.
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EXPORTS (2021): $6.14B
IMPORTS (2021): $5.22B
NET TRADE (2021): $927M
In 2021, United States exported $6.14B in Polyacetals. The main destinations of United States exports on Polyacetals were Mexico ($1.67B), China ($967M), Canada ($907M), Brazil ($268M), and Netherlands ($260M).
In 2021, United States imported $5.22B in Polyacetals, mainly from South Korea ($1.06B), Mexico ($532M), Chinese Taipei ($498M), Canada ($478M), and Germany ($384M).
THE FASTEST GROWING Polyacetals EXPORT MARKETS FOR United States WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polyacetals BY United States WERE (2020 - 2021):
In 2021, United States's main exporting competitors in Polyacetals were:
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