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2022
Exports $514MWorld Rnk 9 / 113
Flag Rnk 382 / 1217
2022
Destination $8.22M China
2021 - 2022
FASTEST GROWING MARKET $8.22MCanada
2022
PRODUCT COMPLEXITY IN Aluminium Oxide-1.13Rnk 865 / 1025
2022
Imports $1.25BWorld Rnk 4 / 182
Flag Rnk 351 / 1216
2022
Origin $116M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $116MBrazil
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $514M in Aluminium Oxide, making it the 9th largest exporter of Aluminium Oxide in the world. At the same year, Aluminium Oxide was the 382nd most exported product in United States. The main destination of Aluminium Oxide exports from United States are: China ($75.3M), Mexico ($74.6M), Canada ($53.5M), Germany ($47.4M), and Belgium ($39.9M).

The fastest growing export markets for Aluminium Oxide of United States between 2021 and 2022 were Canada ($8.22M), United Arab Emirates ($8.11M), and Iceland ($7.19M).

Imports In 2022, United States imported $1.25B in Aluminium Oxide, becoming the 4th largest importer of Aluminium Oxide in the world. At the same year, Aluminium Oxide was the 351st most imported product in United States. United States imports Aluminium Oxide primarily from: Brazil ($547M), China ($197M), Germany ($90.2M), Australia ($83.1M), and Canada ($78.4M).

The fastest growing import markets in Aluminium Oxide for United States between 2021 and 2022 were Brazil ($116M), China ($75.8M), and Australia ($53.3M).

COMPANIES In 2023, leading companies such as Costco Wholesale (41), Hongkong Xin Jie Technology (40), and Cinmar (37) were at the forefront of shipping Aluminium Oxide to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Aluminium Oxide exports accounted up to $58.9M and imports accounted up to $79.5M, resulting in a negative trade balance of $20.6M. Between June 2023 and June 2024 the exports of United States'   Aluminium Oxide have increased by $22.7M (62.9%) from $36.1M to $58.9M, while imports decreased by $-4.15M (-4.96%) from $83.6M to $79.5M.

Destinations In June 2024, Aluminium Oxide were exported mostly to Belgium ($17.6M), China ($10.7M), Mexico ($7.01M), Canada ($4.36M), and Japan ($2.81M), and were imported mostly from Brazil ($47.9M), China ($6.85M), Germany ($6.22M), Canada ($4.82M), and France ($4.17M).

Growth In June 2024, the increase in Aluminium Oxide's year-by-year exports was explained primarily by an increase in exports to China ($4.3M or 91%), Kuwait ($1.13M or 777%), and Italy ($823k or 2.33k%). In June 2024, the decrease in Aluminium Oxide's year-by-year imports was explained primarily by a decrease in imports from China ($-11.9M or -56.4%), Denmark ($-1.97M or -83.3%), and Japan ($-1.37M or -42.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$22.7M(62.9%)
IMPORT GROWTH (June 2023 - June 2024)$-4.15M(-4.96%)
MAIN EXPORTER (June 2024)Texas$25.1M
MAIN DESTINATION (June 2024)Belgium$17.6M

This section shows Aluminium Oxide'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 Aluminium Oxide over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$514M
IMPORTS (2022)$1.25B
NET TRADE (2022)-$733M

In 2022, United States exported $514M in Aluminium Oxide. The main destinations of United States exports on Aluminium Oxide were China ($75.3M), Mexico ($74.6M), Canada ($53.5M), Germany ($47.4M), and Belgium ($39.9M).

In 2022, United States imported $1.25B in Aluminium Oxide, mainly from Brazil ($547M), China ($197M), Germany ($90.2M), Australia ($83.1M), and Canada ($78.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Oxide EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$8.22M (18.1%)
United Arab Emirates$8.11M (184%)
Iceland$7.19M (4.39M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Oxide BY United States WERE (2021 - 2022):
Denmark-$12.8M (-59.7%)
Belgium-$11.1M (-21.7%)
Saudi Arabia-$6.65M (-77.1%)
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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 Aluminium Oxide were:
Australia $6.29B
Brazil $3.39B
China $1.84B
In 2022, United States's main importing competitors in Aluminium Oxide were:
Canada $1.75B
Russia $1.47B
United Arab Emirates $1.29B

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Trade Value of Aluminium Oxide by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $35.1M
TOP IMPORT POTENTIALAustralia+ $41.8M

Aluminium Oxide’s highest export potential is Canada. With an export gap of $35.1M.   Aluminium Oxide’s highest import potential is Australia with an import gap of $41.8M.

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