Ink in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $825M in Ink, making it the 5th largest exporter of Ink in the world. At the same year, Ink was the 285th most exported product in United States. The main destination of Ink exports from United States are: Canada ($165M), Mexico ($152M), Malaysia ($48.1M), Singapore ($39M), and Japan ($29.1M).

The fastest growing export markets for Ink of United States between 2021 and 2022 were Mexico ($21M), Malaysia ($19.1M), and Canada ($10.9M).

Imports In 2022, United States imported $736M in Ink, becoming the 4th largest importer of Ink in the world. At the same year, Ink was the 458th most imported product in United States. United States imports Ink primarily from: Japan ($148M), Israel ($74.8M), Singapore ($72M), United Kingdom ($69.9M), and Canada ($64M).

The fastest growing import markets in Ink for United States between 2021 and 2022 were Singapore ($16.2M), Japan ($12.6M), and Canada ($12.4M).

COMPANIES In 2023, leading companies such as CrimsonLogic (90), Porsche (71), and Amazon (50) were at the forefront of shipping Ink to the United States.

Latest Trends

October 2024

About

Overview In October 2024 United States' Ink exports accounted up to $68.2M and imports accounted up to $67.4M, resulting in a positive trade balance of $760k. Between October 2023 and October 2024 the exports of United States' Ink have decreased by $-2.78M (-3.92%) from $71M to $68.2M, while imports increased by $18.8M (38.6%) from $48.7M to $67.4M.

Destinations In October 2024, Ink were exported mostly to Mexico ($13.7M), Canada ($13.5M), Malaysia ($5.06M), South Korea ($4.48M), and Japan ($3.34M), and were imported mostly from Japan ($19.7M), Singapore ($7.87M), United Kingdom ($5.42M), Canada ($5.25M), and India ($4.37M).

Growth In October 2024, the decrease in Ink's year-by-year exports was explained primarily by a decrease in exports to Singapore ($-3.48M or -78.5%), Malaysia ($-1.95M or -87.2%), and Poland ($-1.44M or -96.4%). In October 2024, the increase in Ink's year-by-year imports was explained primarily by an increase in imports from Singapore ($4.72M or 81%), India ($1.89M or 304%), and Belgium ($1.31M or 204%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)$-2.78M(-3.92%)

IMPORT GROWTH (October 2023 - October 2024)$18.8M(38.6%)

MAIN EXPORTER (October 2024)Florida$14.2M

MAIN DESTINATION (October 2024)Mexico$13.7M

This section shows Ink'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 Ink over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$825M

IMPORTS (2022)$736M

NET TRADE (2022)$89.6M

In 2022, United States exported $825M in Ink. The main destinations of United States exports on Ink were Canada ($165M), Mexico ($152M), Malaysia ($48.1M), Singapore ($39M), and Japan ($29.1M).

In 2022, United States imported $736M in Ink, mainly from Japan ($148M), Israel ($74.8M), Singapore ($72M), United Kingdom ($69.9M), and Canada ($64M).

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