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2022
Exports $1.7BWorld Rnk 4 / 143
Flag Rnk 182 / 1217
2022
Destination $89.6M Mexico
2021 - 2022
FASTEST GROWING MARKET $89.6MCanada
2022
PRODUCT COMPLEXITY IN Styrene Polymers0.75Rnk 262 / 1025
2022
Imports $1.74BWorld Rnk 2 / 205
Flag Rnk 277 / 1216
2022
Origin $141M Mexico
2021 - 2022
FASTEST GROWING ORIGIN $141MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.7B in Styrene Polymers, making it the 4th largest exporter of Styrene Polymers in the world. At the same year, Styrene Polymers was the 182nd most exported product in United States. The main destination of Styrene Polymers exports from United States are: Mexico ($729M), Canada ($376M), China ($131M), Japan ($50.7M), and Belgium ($37.4M).

The fastest growing export markets for Styrene Polymers of United States between 2021 and 2022 were Canada ($89.6M), Mexico ($80.1M), and South Korea ($10.9M).

Imports In 2022, United States imported $1.74B in Styrene Polymers, becoming the 2nd largest importer of Styrene Polymers in the world. At the same year, Styrene Polymers was the 277th most imported product in United States. United States imports Styrene Polymers primarily from: Mexico ($598M), South Korea ($346M), Canada ($194M), Chinese Taipei ($186M), and Bahamas ($76.2M).

The fastest growing import markets in Styrene Polymers for United States between 2021 and 2022 were Mexico ($141M), Canada ($36.7M), and Netherlands ($11.8M).

COMPANIES In 2023, leading companies such as Acer (232), Pernod Ricard (192), and LG Electronics (85) were at the forefront of shipping Styrene Polymers to the United States.

Latest Trends

April 2024

About

Overview In April 2024 United States' Styrene Polymers exports accounted up to $128M and imports accounted up to $118M, resulting in a positive trade balance of $10.4M. Between April 2023 and April 2024 the exports of United States'   Styrene Polymers have increased by $12.6M (10.9%) from $116M to $128M, while imports increased by $7.55M (6.84%) from $110M to $118M.

Destinations In April 2024, Styrene Polymers were exported mostly to Mexico ($52.9M), Canada ($24M), China ($9.82M), Japan ($9M), and Malaysia ($3.69M), and were imported mostly from South Korea ($32M), Mexico ($30.4M), Chinese Taipei ($15M), Canada ($13.1M), and Japan ($5.04M).

Growth In April 2024, the increase in Styrene Polymers's year-by-year exports was explained primarily by an increase in exports to Netherlands ($5.56M or 194%), Spain ($954k or 56.2%), and Germany ($883k or 158%). In April 2024, the increase in Styrene Polymers's year-by-year imports was explained primarily by an increase in imports from Bahamas ($2.72M or 133%), Malaysia ($1.37M or 263%), and Thailand ($604k or 985%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)$12.6M(10.9%)
IMPORT GROWTH (April 2023 - April 2024)$7.55M(6.84%)
MAIN EXPORTER (April 2024)Texas$28.6M
MAIN DESTINATION (April 2024)Mexico$52.9M

This section shows Styrene Polymers'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 Styrene Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.7B
IMPORTS (2022)$1.74B
NET TRADE (2022)-$35.1M

In 2022, United States exported $1.7B in Styrene Polymers. The main destinations of United States exports on Styrene Polymers were Mexico ($729M), Canada ($376M), China ($131M), Japan ($50.7M), and Belgium ($37.4M).

In 2022, United States imported $1.74B in Styrene Polymers, mainly from Mexico ($598M), South Korea ($346M), Canada ($194M), Chinese Taipei ($186M), and Bahamas ($76.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Styrene Polymers EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$89.6M (31.2%)
Mexico$80.1M (12.3%)
South Korea$10.9M (50.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Styrene Polymers BY United States WERE (2021 - 2022):
China-$56.3M (-30.1%)
Spain-$14.5M (-49%)
Hong Kong-$9.36M (-50.8%)
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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 Styrene Polymers were:
South Korea $3.93B
Chinese Taipei $3.34B
Germany $1.82B
In 2022, United States's main importing competitors in Styrene Polymers were:
China $4.25B
Germany $1.34B

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Trade Value of Styrene Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $61.3M
TOP IMPORT POTENTIALCanada+ $37.4M

Styrene Polymers’s highest export potential is China. With an export gap of $61.3M.   Styrene Polymers’s highest import potential is Canada with an import gap of $37.4M.

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