Benzol in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $59.9M in Benzol, making it the 4th largest exporter of Benzol in the world. At the same year, Benzol was the 1892nd most exported product in United States. The main destination of Benzol exports from United States are: Canada ($19.4M), Belgium ($14.5M), Germany ($12.1M), Netherlands ($6.97M), and South Korea ($4.57M).

The fastest growing export markets for Benzol of United States between 2021 and 2022 were Belgium ($11.1M), Germany ($9.24M), and Netherlands ($4.11M).

Imports In 2022, United States imported $124M in Benzol, becoming the 4th largest importer of Benzol in the world. At the same year, Benzol was the 1917th most imported product in United States. United States imports Benzol primarily from: Canada ($41.4M), Japan ($41.2M), South Korea ($14M), United Kingdom ($8.27M), and Belgium ($7.34M).

The fastest growing import markets in Benzol for United States between 2021 and 2022 were Japan ($41.2M), South Korea ($14M), and Denmark ($6.34M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Benzol to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Benzol exports accounted up to $5.03M and imports accounted up to $6.36M, resulting in a negative trade balance of $1.33M. Between June 2023 and June 2024 the exports of United States' Benzol have increased by $2.72M (118%) from $2.31M to $5.03M, while imports decreased by $-4.83M (-43.1%) from $11.2M to $6.36M.

Destinations In June 2024, Benzol were exported mostly to Canada ($4.08M), Netherlands ($792k), Brazil ($140k), Argentina ($22.8k), and United Kingdom ($0), and were imported mostly from Canada ($6.36M).

Growth In June 2024, the increase in Benzol's year-by-year exports was explained primarily by an increase in exports to Canada ($695k or 16.9%). In June 2024, the decrease in Benzol's year-by-year imports was explained primarily by a decrease in imports from Canada ($-1.11M or -22.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$2.72M(118%)

IMPORT GROWTH (June 2023 - June 2024)$-4.83M(-43.1%)

MAIN EXPORTER (June 2024)Texas$7.92M

MAIN DESTINATION (June 2024)Canada$4.08M

This section shows Benzol'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 Benzol over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$59.9M

IMPORTS (2022)$124M

NET TRADE (2022)-$64.1M

In 2022, United States exported $59.9M in Benzol. The main destinations of United States exports on Benzol were Canada ($19.4M), Belgium ($14.5M), Germany ($12.1M), Netherlands ($6.97M), and South Korea ($4.57M).

In 2022, United States imported $124M in Benzol, mainly from Canada ($41.4M), Japan ($41.2M), South Korea ($14M), United Kingdom ($8.27M), and Belgium ($7.34M).

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