2022
Exports | Imports
$613M | $324MWorld Rnk 2 / 144
Flag Rnk 345 / 1217
World Rnk 2 / 203
Flag Rnk 662 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Waxes
0.49Rnk 377 / 1025

About

Exports In 2022, United States exported $613M in Waxes, making it the 2nd largest exporter of Waxes in the world. At the same year, Waxes was the 345th most exported product in United States. The main destination of Waxes exports from United States are: Canada ($112M), China ($91.6M), Mexico ($65.2M), Japan ($33.3M), and Belgium ($29.1M).

The fastest growing export markets for Waxes of United States between 2021 and 2022 were Canada ($53.2M), Mexico ($12M), and Japan ($8.76M).

Imports In 2022, United States imported $324M in Waxes, becoming the 2nd largest importer of Waxes in the world. At the same year, Waxes was the 662nd most imported product in United States. United States imports Waxes primarily from: Germany ($70M), Canada ($43.4M), South Korea ($29.4M), China ($18M), and Japan ($14.9M).

The fastest growing import markets in Waxes for United States between 2021 and 2022 were Germany ($15.3M), South Korea ($14.9M), and Netherlands ($7.79M).

COMPANIES In 2023, leading companies such as THE DOW CHEMICAL COMPANY (52), GITI TIRE (USA) LTD. (39), and HANKOOK TIRE AMERICA CORP. (17) were at the forefront of shipping Waxes to the United States.

Latest Trends

January 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$5.11M(14.9%)
IMPORT GROWTH (January 2023 - January 2024)$-8.05M(-27%)
MAIN EXPORTER (January 2024)Texas$11M
MAIN DESTINATION (January 2024)China$6.66M

This section shows Waxes'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 Waxes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$613M
IMPORTS (2022)$324M
NET TRADE (2022)$289M

In 2022, United States exported $613M in Waxes. The main destinations of United States exports on Waxes were Canada ($112M), China ($91.6M), Mexico ($65.2M), Japan ($33.3M), and Belgium ($29.1M).

In 2022, United States imported $324M in Waxes, mainly from Germany ($70M), Canada ($43.4M), South Korea ($29.4M), China ($18M), and Japan ($14.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Waxes EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$53.2M (90.5%)
Mexico$12M (22.6%)
Japan$8.76M (35.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Waxes BY United States WERE (2021 - 2022):
China-$6.59M (-6.72%)
Russia-$6.17M (-86.9%)
Belgium-$3.41M (-10.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Waxes were:
In 2022, United States's main importing competitors in Waxes were:

Explore Visualizations

Trade Value of Waxes by Exporters

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