2023
Exports
$5.47BWorld Rnk 1 / 143
Flag Rnk 60 / 1217
2023
PRODUCT COMPLEXITY IN Reaction and Catalytic Products
0.83Rnk 234 / 1025
2023
Imports
$2.28BWorld Rnk 2 / 206
Flag Rnk 215 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $5.47B in Reaction and Catalytic Products, making it the 1st largest exporter of Reaction and Catalytic Products in the world. At the same year, Reaction and Catalytic Products was the 60th most exported product in United States. The main destination of Reaction and Catalytic Products exports from United States are: Mexico ($1.53B), China ($717M), Canada ($417M), South Korea ($359M), and India ($312M).

The fastest growing export markets for Reaction and Catalytic Products of United States between 2022 and 2023 were Saudi Arabia ($143M), India ($122M), and Belgium ($50.4M).

Imports In 2023, United States imported $2.28B in Reaction and Catalytic Products, becoming the 2nd largest importer of Reaction and Catalytic Products in the world. At the same year, Reaction and Catalytic Products was the 215th most imported product in United States. United States imports Reaction and Catalytic Products primarily from: Canada ($890M), Germany ($331M), Japan ($176M), South Africa ($123M), and China ($89.7M).

The fastest growing import markets in Reaction and Catalytic Products for United States between 2022 and 2023 were Germany ($70M), Belgium ($31.6M), and Singapore ($31.3M).

COMPANIES In 2023, leading companies such as BSH Home Appliances (29), Disney Cruise Line (10), and NOURYON FUNCTIONAL CHEMICALS LLC (9) were at the forefront of shipping Reaction and Catalytic Products to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-17.4M(-4.51%)
IMPORT GROWTH (November 2023 - November 2024)$-46.4M(-26%)
MAIN EXPORTER (November 2024)Texas$126M
MAIN DESTINATION (November 2024)Mexico$63.1M

This section shows Reaction and Catalytic Products'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 Reaction and Catalytic Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$5.47B
IMPORTS (2023)$2.28B
NET TRADE (2023)$3.19B

In 2023, United States exported $5.47B in Reaction and Catalytic Products. The main destinations of United States exports on Reaction and Catalytic Products were Mexico ($1.53B), China ($717M), Canada ($417M), South Korea ($359M), and India ($312M).

In 2023, United States imported $2.28B in Reaction and Catalytic Products, mainly from Canada ($890M), Germany ($331M), Japan ($176M), South Africa ($123M), and China ($89.7M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Reaction and Catalytic Products EXPORT MARKETS FOR United States WERE (2022 - 2023):
Saudi Arabia$143M (107%)
India$122M (64.5%)
Belgium$50.4M (61.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Reaction and Catalytic Products BY United States WERE (2022 - 2023):
Thailand-$67.6M (-50.2%)
Germany-$67.4M (-32.9%)
Chinese Taipei-$63.9M (-37.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Reaction and Catalytic Products were:
In 2023, United States's main importing competitors in Reaction and Catalytic Products were:

Explore Visualizations

Trade Value of Reaction and Catalytic Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $94.2M
TOP IMPORT POTENTIALGermany+ $57.4M

Reaction and Catalytic Products’s highest export potential is Germany. With an export gap of $94.2M.   Reaction and Catalytic Products’s highest import potential is Germany with an import gap of $57.4M.

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