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2022
Exports $26.2MWorld Rnk 6 / 99
Flag Rnk 950 / 1217
2022
Destination $1.68M South Korea
2021 - 2022
FASTEST GROWING MARKET $1.68MMexico
2022
PRODUCT COMPLEXITY IN Graphite-0.84Rnk 789 / 1025
2022
Imports $166MWorld Rnk 1 / 152
Flag Rnk 787 / 1216
2022
Origin $82.5M China
2021 - 2022
FASTEST GROWING ORIGIN $82.5MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $26.2M in Graphite, making it the 6th largest exporter of Graphite in the world. At the same year, Graphite was the 950th most exported product in United States. The main destination of Graphite exports from United States are: South Korea ($8.37M), Mexico ($4.58M), Canada ($2.43M), Japan ($2.08M), and Germany ($1.55M).

The fastest growing export markets for Graphite of United States between 2021 and 2022 were Mexico ($1.68M), South Korea ($944k), and Germany ($568k).

Imports In 2022, United States imported $166M in Graphite, becoming the 1st largest importer of Graphite in the world. At the same year, Graphite was the 787th most imported product in United States. United States imports Graphite primarily from: China ($115M), Canada ($13.7M), Madagascar ($10.6M), Mexico ($7.59M), and Mozambique ($7.36M).

The fastest growing import markets in Graphite for United States between 2021 and 2022 were China ($82.5M), Madagascar ($6.71M), and Mozambique ($6.22M).

COMPANIES In 2023, leading companies such as LG Electronics (12), Tesla (3), and RHI Magnesita (2) were at the forefront of shipping Graphite to the United States.

Latest Trends

October 2024

About

Overview In October 2024 United States' Graphite exports accounted up to $1.56M and imports accounted up to $14.6M, resulting in a negative trade balance of $13.1M. Between October 2023 and October 2024 the exports of United States'   Graphite have decreased by $-615k (-28.3%) from $2.18M to $1.56M, while imports increased by $6.38M (77.5%) from $8.23M to $14.6M.

Destinations In October 2024, Graphite were exported mostly to Mexico ($546k), Canada ($369k), Netherlands ($226k), India ($61.5k), and Belgium ($55.2k), and were imported mostly from China ($10.5M), Madagascar ($1.3M), Canada ($1.18M), Mozambique ($704k), and Mexico ($495k).

Growth In October 2024, the decrease in Graphite's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-508k or -87.4%), Belgium ($-119k or -75.9%), and India ($-52.7k or -34.8%). In October 2024, the increase in Graphite's year-by-year imports was explained primarily by an increase in imports from China ($6.49M or 77.9%), Mozambique ($1.87M or 488%), and Canada ($354k or 33%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-615k(-28.3%)
IMPORT GROWTH (October 2023 - October 2024)$6.38M(77.5%)
MAIN EXPORTER (October 2024)Alabama$1.13M
MAIN DESTINATION (October 2024)Mexico$546k

This section shows Graphite'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 Graphite over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$26.2M
IMPORTS (2022)$166M
NET TRADE (2022)-$139M

In 2022, United States exported $26.2M in Graphite. The main destinations of United States exports on Graphite were South Korea ($8.37M), Mexico ($4.58M), Canada ($2.43M), Japan ($2.08M), and Germany ($1.55M).

In 2022, United States imported $166M in Graphite, mainly from China ($115M), Canada ($13.7M), Madagascar ($10.6M), Mexico ($7.59M), and Mozambique ($7.36M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Graphite EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$1.68M (57.7%)
South Korea$944k (12.7%)
Germany$568k (57.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Graphite BY United States WERE (2021 - 2022):
Dominican Republic-$37.2M (-100%)
Japan-$1.01M (-32.7%)
Netherlands-$685k (-41.7%)
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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 Graphite were:
China $411M
Mozambique $83.9M
Madagascar $78.5M
In 2022, United States's main importing competitors in Graphite were:
South Korea $146M
Japan $97M

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Trade Value of Graphite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $895k
TOP IMPORT POTENTIALMozambique+ $3.63M

Graphite’s highest export potential is China. With an export gap of $895k.   Graphite’s highest import potential is Mozambique with an import gap of $3.63M.

See methodology.

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