Styrene Polymers in United States 2021 Exports | Imports : $1.52B | $1.55B, World Rnk 4 / 153 Rnk 186 / 1216 | World Rnk 3 / 208 Rnk 279 / 1215
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $212M | $167M, Mexico | South Korea
2021 ECONOMIC COMPLEXITY of United States: 1.46, Rnk 10 / 131
2021 PRODUCT COMPLEXITY IN Styrene Polymers: 0.7, Rnk 276 / 1029
Exports In 2021, United States exported $1.52B in Styrene Polymers, making it the 4th largest exporter of Styrene Polymers in the world. At the same year, Styrene Polymers was the 186th most exported product in United States. The main destination of Styrene Polymers exports from United States are: Mexico ($643M), Canada ($282M), China ($187M), Japan ($53.3M), and Belgium ($44.9M).
The fastest growing export markets for Styrene Polymers of United States between 2020 and 2021 were Mexico ($212M), Canada ($92.5M), and China ($48M).
Imports In 2021, United States imported $1.55B in Styrene Polymers, becoming the 3rd largest importer of Styrene Polymers in the world. At the same year, Styrene Polymers was the 279th most imported product in United States. United States imports Styrene Polymers primarily from: Mexico ($450M), South Korea ($359M), Chinese Taipei ($186M), Canada ($156M), and Bahamas ($70.9M).
The fastest growing import markets in Styrene Polymers for United States between 2020 and 2021 were South Korea ($167M), Chinese Taipei ($116M), and Mexico ($98.8M).
Tariffs In 2019, the average tariff for United States in Styrene Polymers was 4.63%. The countries with the highest import tariffs for Styrene Polymers were Burundi (Most Favoured Nation duty rate treatment, 6.5%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 6.5%), Algeria (Most Favoured Nation duty rate treatment, 6.5%), Egypt (Most Favoured Nation duty rate treatment, 6.5%), and Eritrea (Most Favoured Nation duty rate treatment, 6.5%).
January 2023
Overview In January 2023 United States' Styrene Polymers exports accounted up to $130M and imports accounted up to $97.7M, resulting in a positive trade balance of $32.4M. Between January 2022 and January 2023 the exports of United States' Styrene Polymers have decreased by $-8.06M (-5.83%) from $138M to $130M, while imports decreased by $-31.6M (-24.4%) from $129M to $97.7M.
Destinations In January 2023, Styrene Polymers were exported mostly to Mexico ($55M), Canada ($26.1M), China ($9.14M), Netherlands ($8.42M), and Japan ($4.24M), and were imported mostly from Mexico ($37.7M), South Korea ($18.9M), Canada ($11.8M), Taiwan ($6.05M), and Bahamas ($4.76M).
Growth In January 2023, the decrease in Styrene Polymers's year-by-year exports was explained primarily by a decrease in exports to Japan ($-1.82M or -30.8%), China ($-1.48M or -10.8%), and Italy ($-1.48M or -59.7%). In January 2023, the decrease in Styrene Polymers's year-by-year imports was explained primarily by a decrease in imports from Bahamas ($-2.97M or -59.2%), Norway ($-1.39M or -99.4%), and Netherlands ($-1.12M or -35.1%).
EXPORT GROWTH (January 2022 - January 2023): $-8.06M, (-5.83%)
IMPORT GROWTH (January 2022 - January 2023): $-31.6M, (-24.4%)
MAIN EXPORTER (January 2023): Texas, $34.2M
MAIN DESTINATION (January 2023): Mexico, $55M
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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EXPORTS (2021): $1.52B
IMPORTS (2021): $1.55B
NET TRADE (2021): -$29.2M
In 2021, United States exported $1.52B in Styrene Polymers. The main destinations of United States exports on Styrene Polymers were Mexico ($643M), Canada ($282M), China ($187M), Japan ($53.3M), and Belgium ($44.9M).
In 2021, United States imported $1.55B in Styrene Polymers, mainly from Mexico ($450M), South Korea ($359M), Chinese Taipei ($186M), Canada ($156M), and Bahamas ($70.9M).
THE FASTEST GROWING Styrene Polymers EXPORT MARKETS FOR United States WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Styrene Polymers BY United States WERE (2020 - 2021):
In 2021, United States's main exporting competitors in Styrene Polymers were:
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