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2022
Exports $3.94BWorld Rnk 3 / 120
Flag Rnk 91 / 1217
2022
Destination $452M Mexico
2021 - 2022
FASTEST GROWING MARKET $452MMexico
2022
PRODUCT COMPLEXITY IN Cyclic Hydrocarbons0.72Rnk 268 / 1025
2022
Imports $3.94BWorld Rnk 2 / 194
Flag Rnk 144 / 1216
2022
Origin $722M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $722MSouth Korea
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $3.94B in Cyclic Hydrocarbons, making it the 3rd largest exporter of Cyclic Hydrocarbons in the world. At the same year, Cyclic Hydrocarbons was the 91st most exported product in United States. The main destination of Cyclic Hydrocarbons exports from United States are: Mexico ($2.26B), Brazil ($254M), Belgium ($230M), Netherlands ($213M), and Colombia ($180M).

The fastest growing export markets for Cyclic Hydrocarbons of United States between 2021 and 2022 were Mexico ($452M), Canada ($34.8M), and Spain ($29.1M).

Imports In 2022, United States imported $3.94B in Cyclic Hydrocarbons, becoming the 2nd largest importer of Cyclic Hydrocarbons in the world. At the same year, Cyclic Hydrocarbons was the 144th most imported product in United States. United States imports Cyclic Hydrocarbons primarily from: South Korea ($1.18B), Canada ($768M), Saudi Arabia ($465M), Netherlands ($255M), and Japan ($234M).

The fastest growing import markets in Cyclic Hydrocarbons for United States between 2021 and 2022 were South Korea ($722M), Saudi Arabia ($239M), and Canada ($117M).

COMPANIES In 2023, leading companies such as Goplus (63), DuPont (61), and Goya Foods (33) were at the forefront of shipping Cyclic Hydrocarbons to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Cyclic Hydrocarbons exports accounted up to $296M and imports accounted up to $307M, resulting in a negative trade balance of $10.9M. Between September 2023 and September 2024 the exports of United States'   Cyclic Hydrocarbons have decreased by $-7.02M (-2.32%) from $303M to $296M, while imports decreased by $-26.5M (-7.96%) from $333M to $307M.

Destinations In September 2024, Cyclic Hydrocarbons were exported mostly to Mexico ($158M), Brazil ($30M), Canada ($26.5M), Netherlands ($18.5M), and Colombia ($12.1M), and were imported mostly from South Korea ($71.1M), India ($48.3M), Netherlands ($44.1M), Chinese Taipei ($34.9M), and Saudi Arabia ($33.1M).

Growth In September 2024, the decrease in Cyclic Hydrocarbons's year-by-year exports was explained primarily by a decrease in exports to Brazil ($-66M or -85.6%), Mexico ($-56.4M or -32.5%), and Spain ($-10.6M or -87.6%). In September 2024, the decrease in Cyclic Hydrocarbons's year-by-year imports was explained primarily by a decrease in imports from Canada ($-8.45M or -14.4%), France ($-4.26M or -84.5%), and Brazil ($-4.23M or -53.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-7.02M(-2.32%)
IMPORT GROWTH (September 2023 - September 2024)$-26.5M(-7.96%)
MAIN EXPORTER (September 2024)Texas$270M
MAIN DESTINATION (September 2024)Mexico$158M

This section shows Cyclic Hydrocarbons'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 Cyclic Hydrocarbons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.94B
IMPORTS (2022)$3.94B
NET TRADE (2022)-$1.48M

In 2022, United States exported $3.94B in Cyclic Hydrocarbons. The main destinations of United States exports on Cyclic Hydrocarbons were Mexico ($2.26B), Brazil ($254M), Belgium ($230M), Netherlands ($213M), and Colombia ($180M).

In 2022, United States imported $3.94B in Cyclic Hydrocarbons, mainly from South Korea ($1.18B), Canada ($768M), Saudi Arabia ($465M), Netherlands ($255M), and Japan ($234M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cyclic Hydrocarbons EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$452M (25%)
Canada$34.8M (25%)
Spain$29.1M (91.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cyclic Hydrocarbons BY United States WERE (2021 - 2022):
Netherlands-$142M (-40%)
Turkey-$128M (-86.3%)
Brazil-$115M (-31.1%)
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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 Cyclic Hydrocarbons were:
South Korea $9.79B
Netherlands $3.95B
In 2022, United States's main importing competitors in Cyclic Hydrocarbons were:
China $16.5B
Belgium $3.67B

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Trade Value of Cyclic Hydrocarbons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $96.8M
TOP IMPORT POTENTIALIndia+ $116M

Cyclic Hydrocarbons’s highest export potential is China. With an export gap of $96.8M.   Cyclic Hydrocarbons’s highest import potential is India with an import gap of $116M.

See methodology.

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