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2022
Exports $23.3MWorld Rnk 5 / 114
Flag Rnk 964 / 1217
2022
Destination $4.64M Canada
2021 - 2022
FASTEST GROWING MARKET $4.64MCanada
2022
Imports $59.3MWorld Rnk 2 / 201
Flag Rnk 944 / 1216
2022
Origin $12.8M Canada
2021 - 2022
FASTEST GROWING ORIGIN $12.8MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $23.3M in Hydrochloric Acid, making it the 5th largest exporter of Hydrochloric Acid in the world. At the same year, Hydrochloric Acid was the 964th most exported product in United States. The main destination of Hydrochloric Acid exports from United States are: Canada ($9.65M), Ireland ($2.49M), Mexico ($2.29M), Suriname ($1.47M), and Singapore ($1.2M).

The fastest growing export markets for Hydrochloric Acid of United States between 2021 and 2022 were Canada ($4.64M), Ireland ($1.21M), and Austria ($282k).

Imports In 2022, United States imported $59.3M in Hydrochloric Acid, becoming the 2nd largest importer of Hydrochloric Acid in the world. At the same year, Hydrochloric Acid was the 944th most imported product in United States. United States imports Hydrochloric Acid primarily from: Canada ($42.8M), Japan ($3.39M), China ($3.14M), Germany ($2.98M), and Colombia ($2.17M).

The fastest growing import markets in Hydrochloric Acid for United States between 2021 and 2022 were Canada ($12.8M), China ($3.14M), and Japan ($2.03M).

COMPANIES In 2023, leading companies such as Samsung (22) and Disney Cruise Line (1) were at the forefront of shipping Hydrochloric Acid to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Hydrochloric Acid exports accounted up to $2.92M and imports accounted up to $5.8M, resulting in a negative trade balance of $2.88M. Between June 2023 and June 2024 the exports of United States'   Hydrochloric Acid have increased by $339k (13.1%) from $2.58M to $2.92M, while imports increased by $1.05M (22.1%) from $4.75M to $5.8M.

Destinations In June 2024, Hydrochloric Acid were exported mostly to Canada ($1.15M), Mexico ($612k), China ($476k), Ireland ($179k), and South Korea ($123k), and were imported mostly from Canada ($5.27M), Japan ($153k), Colombia ($91.2k), Peru ($66.6k), and China ($54.6k).

Growth In June 2024, the increase in Hydrochloric Acid's year-by-year exports was explained primarily by an increase in exports to Canada ($646k or 120%), Ireland ($278k or 296%), and Germany ($50.8k or 1.37k%). In June 2024, the increase in Hydrochloric Acid's year-by-year imports was explained primarily by an increase in imports from Canada ($2.72M or 99.5%), Germany ($375k or 506%), and Japan ($153k or 103%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$339k(13.1%)
IMPORT GROWTH (June 2023 - June 2024)$1.05M(22.1%)
MAIN EXPORTER (June 2024)New Jersey$966k
MAIN DESTINATION (June 2024)Canada$1.15M

This section shows Hydrochloric Acid'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 Hydrochloric Acid over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$23.3M
IMPORTS (2022)$59.3M
NET TRADE (2022)-$36M

In 2022, United States exported $23.3M in Hydrochloric Acid. The main destinations of United States exports on Hydrochloric Acid were Canada ($9.65M), Ireland ($2.49M), Mexico ($2.29M), Suriname ($1.47M), and Singapore ($1.2M).

In 2022, United States imported $59.3M in Hydrochloric Acid, mainly from Canada ($42.8M), Japan ($3.39M), China ($3.14M), Germany ($2.98M), and Colombia ($2.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrochloric Acid EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$4.64M (92.6%)
Ireland$1.21M (93.5%)
Austria$282k (138%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrochloric Acid BY United States WERE (2021 - 2022):
Singapore-$2.37M (-66.4%)
Suriname-$1.33M (-47.5%)
China-$1.32M (-74.3%)
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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 Hydrochloric Acid were:
Germany $72.1M
Canada $43.4M
Japan $36.9M
In 2022, United States's main importing competitors in Hydrochloric Acid were:
Germany $62.2M
France $30.3M

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Trade Value of Hydrochloric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $322k
TOP IMPORT POTENTIALGermany+ $1.28M

Hydrochloric Acid’s highest export potential is China. With an export gap of $322k.   Hydrochloric Acid’s highest import potential is Germany with an import gap of $1.28M.

See methodology.

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