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2022
Exports $161MWorld Rnk 4 / 98
Flag Rnk 643 / 1217
2022
Destination $27.1M Canada
2021 - 2022
FASTEST GROWING MARKET $27.1MCanada
2022
PRODUCT COMPLEXITY IN Rosin-0.045Rnk 561 / 1025
2022
Imports $83.7MWorld Rnk 6 / 174
Flag Rnk 903 / 1216
2022
Origin $11.6M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $11.6MBrazil
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $161M in Rosin, making it the 4th largest exporter of Rosin in the world. At the same year, Rosin was the 643rd most exported product in United States. The main destination of Rosin exports from United States are: Canada ($49.2M), Mexico ($23.6M), China ($12.8M), India ($7.73M), and Sweden ($7.19M).

The fastest growing export markets for Rosin of United States between 2021 and 2022 were Canada ($27.1M), Mexico ($9.78M), and Sweden ($3.96M).

Imports In 2022, United States imported $83.7M in Rosin, becoming the 6th largest importer of Rosin in the world. At the same year, Rosin was the 903rd most imported product in United States. United States imports Rosin primarily from: Brazil ($24.3M), Mexico ($15.8M), China ($9.54M), Netherlands ($7.1M), and Sweden ($7M).

The fastest growing import markets in Rosin for United States between 2021 and 2022 were Brazil ($11.6M), Sweden ($6.13M), and Mexico ($4.81M).

COMPANIES In 2023, leading companies such as Tmall (46), REI (Recreational Equipment Incorporated) (4), and John Deere (2) were at the forefront of shipping Rosin to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Rosin exports accounted up to $8.09M and imports accounted up to $11.5M, resulting in a negative trade balance of $3.46M. Between August 2023 and August 2024 the exports of United States'   Rosin have decreased by $-4.17M (-34%) from $12.3M to $8.09M, while imports increased by $5.34M (86.1%) from $6.2M to $11.5M.

Destinations In August 2024, Rosin were exported mostly to Canada ($5.08M), Mexico ($1.02M), Dominican Republic ($439k), China ($345k), and Japan ($268k), and were imported mostly from Brazil ($3.86M), Mexico ($2.62M), Belgium ($1.4M), Sweden ($937k), and China ($578k).

Growth In August 2024, the decrease in Rosin's year-by-year exports was explained primarily by a decrease in exports to Belgium ($-680k or -59%), China ($-627k or -36.3%), and Colombia ($-206k or -35.8%). In August 2024, the increase in Rosin's year-by-year imports was explained primarily by an increase in imports from Netherlands ($1.07M or 667%), Germany ($999k or 6.13k%), and Mexico ($805k or 63.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-4.17M(-34%)
IMPORT GROWTH (August 2023 - August 2024)$5.34M(86.1%)
MAIN EXPORTER (August 2024)New Jersey$4.23M
MAIN DESTINATION (August 2024)Canada$5.08M

This section shows Rosin'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 Rosin over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$161M
IMPORTS (2022)$83.7M
NET TRADE (2022)$77.2M

In 2022, United States exported $161M in Rosin. The main destinations of United States exports on Rosin were Canada ($49.2M), Mexico ($23.6M), China ($12.8M), India ($7.73M), and Sweden ($7.19M).

In 2022, United States imported $83.7M in Rosin, mainly from Brazil ($24.3M), Mexico ($15.8M), China ($9.54M), Netherlands ($7.1M), and Sweden ($7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rosin EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$27.1M (122%)
Mexico$9.78M (70.9%)
Sweden$3.96M (123%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rosin BY United States WERE (2021 - 2022):
China-$10.5M (-44.9%)
Belgium-$5.2M (-46.9%)
Germany-$2.29M (-51.1%)
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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 Rosin were:
China $226M
Portugal $185M
Brazil $179M
In 2022, United States's main importing competitors in Rosin were:
Germany $163M
China $135M
Japan $120M

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Trade Value of Rosin by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.11M
TOP IMPORT POTENTIALChina+ $3.78M

Rosin’s highest export potential is China. With an export gap of $3.11M.   Rosin’s highest import potential is China with an import gap of $3.78M.

See methodology.

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