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2022
Exports $148MWorld Rnk 6 / 120
Flag Rnk 658 / 1217
2022
Destination $32.8M Canada
2021 - 2022
FASTEST GROWING MARKET $32.8MCanada
2022
PRODUCT COMPLEXITY IN Glycerol0.072Rnk 529 / 1025
2022
Imports $388MWorld Rnk 2 / 197
Flag Rnk 611 / 1216
2022
Origin $120M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $120MIndonesia
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $148M in Glycerol, making it the 6th largest exporter of Glycerol in the world. At the same year, Glycerol was the 658th most exported product in United States. The main destination of Glycerol exports from United States are: Canada ($70.9M), Mexico ($28M), India ($17.2M), Malaysia ($10.4M), and South Korea ($3.22M).

The fastest growing export markets for Glycerol of United States between 2021 and 2022 were Canada ($32.8M), Mexico ($15.1M), and India ($8.74M).

Imports In 2022, United States imported $388M in Glycerol, becoming the 2nd largest importer of Glycerol in the world. At the same year, Glycerol was the 611th most imported product in United States. United States imports Glycerol primarily from: Indonesia ($191M), Malaysia ($81.3M), Canada ($33M), Argentina ($31.7M), and India ($12.8M).

The fastest growing import markets in Glycerol for United States between 2021 and 2022 were Indonesia ($120M), Malaysia ($23.5M), and Argentina ($21.7M).

COMPANIES In 2023, leading companies such as Pirelli Tires (2) were at the forefront of shipping Glycerol to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Glycerol exports accounted up to $2.06M and imports accounted up to $1.56M, resulting in a positive trade balance of $499k. Between August 2023 and August 2024 the exports of United States'   Glycerol have decreased by $-253k (-10.9%) from $2.32M to $2.06M, while imports increased by $497k (46.5%) from $1.07M to $1.56M.

Destinations In August 2024, Glycerol were exported mostly to Mexico ($750k), Canada ($436k), China ($376k), India ($331k), and Malaysia ($155k), and were imported mostly from Canada ($1.23M), Brazil ($184k), India ($64.4k), Indonesia ($50.5k), and Ireland ($36.7k).

Growth In August 2024, the decrease in Glycerol's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-958k or -82.7%), South Korea ($-422k or -98.1%), and Canada ($-99.1k or -20%). In August 2024, the increase in Glycerol's year-by-year imports was explained primarily by an increase in imports from Brazil ($20.6k or 45%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-253k(-10.9%)
IMPORT GROWTH (August 2023 - August 2024)$497k(46.5%)
MAIN EXPORTER (August 2024)Texas$1.28M
MAIN DESTINATION (August 2024)Mexico$750k

This section shows Glycerol'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 Glycerol over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$148M
IMPORTS (2022)$388M
NET TRADE (2022)-$240M

In 2022, United States exported $148M in Glycerol. The main destinations of United States exports on Glycerol were Canada ($70.9M), Mexico ($28M), India ($17.2M), Malaysia ($10.4M), and South Korea ($3.22M).

In 2022, United States imported $388M in Glycerol, mainly from Indonesia ($191M), Malaysia ($81.3M), Canada ($33M), Argentina ($31.7M), and India ($12.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glycerol EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$32.8M (86.3%)
Mexico$15.1M (117%)
India$8.74M (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glycerol BY United States WERE (2021 - 2022):
Netherlands-$1.73M (-72.4%)
Brazil-$551k (-54.5%)
Germany-$519k (-49%)
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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 Glycerol were:
Indonesia $1.58B
Malaysia $652M
Germany $577M
In 2022, United States's main importing competitors in Glycerol were:
China $1.34B
Netherlands $368M

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Trade Value of Glycerol by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.18M
TOP IMPORT POTENTIALBrazil+ $1.22M

Glycerol’s highest export potential is China. With an export gap of $2.18M.   Glycerol’s highest import potential is Brazil with an import gap of $1.22M.

See methodology.

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