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2022
Exports $325MWorld Rnk 2 / 81
Flag Rnk 745 / 4632
falsefalse China
2021 - 2022
FASTEST GROWING MARKETfalseChina
2022
Imports $75MWorld Rnk 2 / 162
Flag Rnk 2330 / 4573
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $325M in Disodium tetraborate (refined borax) hydrated, making it the 2nd largest exporter of Disodium tetraborate (refined borax) hydrated in the world. At the same year, Disodium tetraborate (refined borax) hydrated was the 745th most exported product in United States. The main destination of Disodium tetraborate (refined borax) hydrated exports from United States are: China ($178M), Indonesia ($33.2M), Canada ($18.9M), India ($18.7M), and Mexico ($11.9M).

The fastest growing export markets for Disodium tetraborate (refined borax) hydrated of United States between 2021 and 2022 were China ($61.8M), Indonesia ($15M), and Netherlands ($5.69M).

Imports In 2022, United States imported $75M in Disodium tetraborate (refined borax) hydrated, becoming the 2nd largest importer of Disodium tetraborate (refined borax) hydrated in the world. At the same year, Disodium tetraborate (refined borax) hydrated was the 2330th most imported product in United States. United States imports Disodium tetraborate (refined borax) hydrated primarily from: Turkey ($72.4M), Argentina ($776k), France ($503k), Italy ($303k), and Canada ($295k).

Latest Trends

June 2024

About

Overview In June 2024 United States' Disodium tetraborate (refined borax) hydrated exports accounted up to $24.8M and imports accounted up to $11M, resulting in a positive trade balance of $13.8M. Between June 2023 and June 2024 the exports of United States'   Disodium tetraborate (refined borax) hydrated have increased by $780k (3.25%) from $24M to $24.8M, while imports increased by $10.7M (3.16k%) from $339k to $11M.

Destinations In June 2024, Disodium tetraborate (refined borax) hydrated were exported mostly to China ($11.7M), India ($3.05M), Malaysia ($1.92M), Canada ($1.44M), and Brazil ($1.22M), and were imported mostly from Turkey ($10.9M), France ($61.2k), China ($51.2k), Argentina ($19.6k), and Italy ($18.2k).

Growth In June 2024, the increase in Disodium tetraborate (refined borax) hydrated's year-by-year exports was explained primarily by an increase in exports to India ($2.06M or 277%), Canada ($841k or 59.6%), and Brazil ($819k or 171%). In June 2024, the increase in Disodium tetraborate (refined borax) hydrated's year-by-year imports was explained primarily by an increase in imports from Turkey ($6.67M or 3.05k%) and France ($83.7k or 3.33k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$780k(3.25%)
IMPORT GROWTH (June 2023 - June 2024)$10.7M(3.16k%)
MAIN DESTINATION (June 2024)China$11.7M

This section shows Disodium tetraborate (refined borax) hydrated'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 Disodium tetraborate (refined borax) hydrated over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$325M
IMPORTS (2022)$75M
NET TRADE (2022)$250M

In 2022, United States exported $325M in Disodium tetraborate (refined borax) hydrated. The main destinations of United States exports on Disodium tetraborate (refined borax) hydrated were China ($178M), Indonesia ($33.2M), Canada ($18.9M), India ($18.7M), and Mexico ($11.9M).

In 2022, United States imported $75M in Disodium tetraborate (refined borax) hydrated, mainly from Turkey ($72.4M), Argentina ($776k), France ($503k), Italy ($303k), and Canada ($295k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Disodium tetraborate (refined borax) hydrated EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$61.8M (53.1%)
Indonesia$15M (82.6%)
Netherlands$5.69M (295%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Disodium tetraborate (refined borax) hydrated BY United States WERE (2021 - 2022):
India-$6.93M (-27%)
Brazil-$3.06M (-39.9%)
Australia-$1.64M (-70.4%)
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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 Disodium tetraborate (refined borax) hydrated were:
Turkey $610M
Poland $15.2M
In 2022, United States's main importing competitors in Disodium tetraborate (refined borax) hydrated were:
China $454M
India $61.4M

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Trade Value of Disodium tetraborate (refined borax) hydrated by Exporters

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