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2022
Exports $183MWorld Rnk 3 / 99
Flag Rnk 1054 / 4632
falsefalse Belgium
2021 - 2022
FASTEST GROWING MARKETfalseBelgium
2022
Imports $36.1MWorld Rnk 13 / 181
Flag Rnk 2892 / 4573
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $183M in Potassium hydroxide (caustic potash), making it the 3rd largest exporter of Potassium hydroxide (caustic potash) in the world. At the same year, Potassium hydroxide (caustic potash) was the 1054th most exported product in United States. The main destination of Potassium hydroxide (caustic potash) exports from United States are: Belgium ($43.3M), Canada ($34.2M), Mexico ($33.3M), Spain ($16.2M), and Israel ($15M).

The fastest growing export markets for Potassium hydroxide (caustic potash) of United States between 2021 and 2022 were Belgium ($35.8M), Mexico ($13.3M), and Spain ($12.3M).

Imports In 2022, United States imported $36.1M in Potassium hydroxide (caustic potash), becoming the 13th largest importer of Potassium hydroxide (caustic potash) in the world. At the same year, Potassium hydroxide (caustic potash) was the 2892nd most imported product in United States. United States imports Potassium hydroxide (caustic potash) primarily from: South Korea ($16.9M), Belgium ($6.65M), Japan ($4.68M), Mexico ($3.02M), and Jordan ($1.65M).

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 Potassium hydroxide (caustic potash) to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Potassium hydroxide (caustic potash) exports accounted up to $7.68M and imports accounted up to $2.6M, resulting in a positive trade balance of $5.08M. Between June 2023 and June 2024 the exports of United States'   Potassium hydroxide (caustic potash) have increased by $2.71M (54.5%) from $4.97M to $7.68M, while imports decreased by $-2.22M (-46.1%) from $4.82M to $2.6M.

Destinations In June 2024, Potassium hydroxide (caustic potash) were exported mostly to Canada ($2.08M), Norway ($977k), Mexico ($970k), Belgium ($943k), and Singapore ($730k), and were imported mostly from South Korea ($1.49M), Mexico ($292k), China ($185k), France ($177k), and Jordan ($172k).

Growth In June 2024, the increase in Potassium hydroxide (caustic potash)'s year-by-year exports was explained primarily by an increase in exports to Belgium ($4.03M or 14.1k%), Canada ($711k or 35.4%), and Mexico ($570k or 36%). In June 2024, the decrease in Potassium hydroxide (caustic potash)'s year-by-year imports was explained primarily by a decrease in imports from Switzerland ($-3.48k or -49.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$2.71M(54.5%)
IMPORT GROWTH (June 2023 - June 2024)$-2.22M(-46.1%)
MAIN DESTINATION (June 2024)Canada$2.08M

This section shows Potassium hydroxide (caustic potash)'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 Potassium hydroxide (caustic potash) over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$183M
IMPORTS (2022)$36.1M
NET TRADE (2022)$147M

In 2022, United States exported $183M in Potassium hydroxide (caustic potash). The main destinations of United States exports on Potassium hydroxide (caustic potash) were Belgium ($43.3M), Canada ($34.2M), Mexico ($33.3M), Spain ($16.2M), and Israel ($15M).

In 2022, United States imported $36.1M in Potassium hydroxide (caustic potash), mainly from South Korea ($16.9M), Belgium ($6.65M), Japan ($4.68M), Mexico ($3.02M), and Jordan ($1.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Potassium hydroxide (caustic potash) EXPORT MARKETS FOR United States WERE (2021 - 2022):
Belgium$35.8M (484%)
Mexico$13.3M (66.3%)
Spain$12.3M (319%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassium hydroxide (caustic potash) BY United States WERE (2021 - 2022):
Singapore-$4.28M (-52.1%)
Chile-$340k (-24.5%)
Vietnam-$325k (-48.1%)
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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 Potassium hydroxide (caustic potash) were:
Belgium $291M
South Korea $282M
In 2022, United States's main importing competitors in Potassium hydroxide (caustic potash) were:
Germany $210M
Brazil $80.2M
Netherlands $79.2M

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Trade Value of Potassium hydroxide (caustic potash) by Exporters

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