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2022
Exports $2.98MWorld Rnk 29 / 78
Flag Rnk 1145 / 1217
2022
Destination $514k Belgium
2021 - 2022
FASTEST GROWING MARKET $514kCosta Rica
2022
PRODUCT COMPLEXITY IN Precipitated Copper-1.33Rnk 919 / 1025
2022
Imports $446kWorld Rnk 31 / 101
Flag Rnk 1209 / 1216
2022
Origin $29.9k Belgium
2021 - 2022
FASTEST GROWING ORIGIN $29.9kChinese Taipei
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $2.98M in Precipitated Copper, making it the 29th largest exporter of Precipitated Copper in the world. At the same year, Precipitated Copper was the 1145th most exported product in United States. The main destination of Precipitated Copper exports from United States are: Belgium ($659k), South Korea ($557k), Costa Rica ($514k), Singapore ($450k), and Malaysia ($128k).

The fastest growing export markets for Precipitated Copper of United States between 2021 and 2022 were Costa Rica ($514k), Belgium ($312k), and Thailand ($124k).

Imports In 2022, United States imported $446k in Precipitated Copper, becoming the 31st largest importer of Precipitated Copper in the world. At the same year, Precipitated Copper was the 1209th most imported product in United States. United States imports Precipitated Copper primarily from: Belgium ($336k), Chinese Taipei ($36.7k), United Kingdom ($33.8k), Canada ($17k), and Turkey ($6.88k).

The fastest growing import markets in Precipitated Copper for United States between 2021 and 2022 were Chinese Taipei ($29.9k), United Kingdom ($18.8k), and Luxembourg ($6.19k).

COMPANIES In 2023, leading companies such as Cinmar (5), Costco Wholesale (4), and Woodstream (3) were at the forefront of shipping Precipitated Copper to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Precipitated Copper exports accounted up to $131k and imports accounted up to $829k, resulting in a negative trade balance of $698k. Between August 2023 and August 2024 the exports of United States'   Precipitated Copper have increased by $51.7k (65.5%) from $79k to $131k, while imports increased by $829k (N/A%) from $0 to $829k.

Destinations In August 2024, Precipitated Copper were exported mostly to Malaysia ($43.4k), Indonesia ($36.1k), United Kingdom ($33.2k), Germany ($7.34k), and Barbados ($6.98k), and were imported mostly from Belgium ($822k), Canada ($7.28k), China ($0), India ($0), and Turkey ($0).

Growth In August 2024, the increase in Precipitated Copper's year-by-year exports was explained primarily by an increase in exports to Mexico ($18.5M or 116k%), Belgium ($106k or 212%), and Canada ($404 or 14.1%). In August 2024, the increase in Precipitated Copper's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$51.7k(65.5%)
IMPORT GROWTH (August 2023 - August 2024)$829k(N/A%)
MAIN EXPORTER (August 2024)Tennessee$325k
MAIN DESTINATION (August 2024)Malaysia$43.4k

This section shows Precipitated Copper'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 Precipitated Copper over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.98M
IMPORTS (2022)$446k
NET TRADE (2022)$2.53M

In 2022, United States exported $2.98M in Precipitated Copper. The main destinations of United States exports on Precipitated Copper were Belgium ($659k), South Korea ($557k), Costa Rica ($514k), Singapore ($450k), and Malaysia ($128k).

In 2022, United States imported $446k in Precipitated Copper, mainly from Belgium ($336k), Chinese Taipei ($36.7k), United Kingdom ($33.8k), Canada ($17k), and Turkey ($6.88k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precipitated Copper EXPORT MARKETS FOR United States WERE (2021 - 2022):
Costa Rica$514k (67.7k%)
Belgium$312k (89.9%)
Thailand$124k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precipitated Copper BY United States WERE (2021 - 2022):
Germany-$222k (-66.3%)
Canada-$194k (-61%)
Indonesia-$129k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United States's main exporting competitors in Precipitated Copper were:
Finland $772M
Canada $236M
Mexico $102M
In 2022, United States's main importing competitors in Precipitated Copper were:
Russia $641M
South Korea $256M
Germany $164M

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Trade Value of Precipitated Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $198k
TOP IMPORT POTENTIALCanada+ $73.9k

Precipitated Copper’s highest export potential is South Korea. With an export gap of $198k.   Precipitated Copper’s highest import potential is Canada with an import gap of $73.9k.

See methodology.

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