Iodine in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $52.4M in Iodine, making it the 5th largest exporter of Iodine in the world. At the same year, Iodine was the 1987th most exported product in United States. The main destination of Iodine exports from United States are: Germany ($27.6M), Canada ($11.7M), India ($8.07M), Brazil ($2.34M), and United Kingdom ($728k).

The fastest growing export markets for Iodine of United States between 2021 and 2022 were Germany ($6.27M), Canada ($1.38M), and United Kingdom ($639k).

Imports In 2022, United States imported $215M in Iodine, becoming the 3rd largest importer of Iodine in the world. At the same year, Iodine was the 1449th most imported product in United States. United States imports Iodine primarily from: Chile ($196M), Japan ($19.1M), Canada ($172k), India ($89.7k), and Slovenia ($21.7k).

The fastest growing import markets in Iodine for United States between 2021 and 2022 were Chile ($75.6M), Japan ($7.58M), and India ($62.4k).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Iodine to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Iodine exports accounted up to $8.31M and imports accounted up to $20.4M, resulting in a negative trade balance of $12.1M. Between June 2023 and June 2024 the exports of United States' Iodine have increased by $1.57M (23.3%) from $6.74M to $8.31M, while imports increased by $9.43M (85.7%) from $11M to $20.4M.

Destinations In June 2024, Iodine were exported mostly to Germany ($3.35M), Canada ($1.29M), Vietnam ($1.26M), India ($1.03M), and Brazil ($991k), and were imported mostly from Chile ($18.3M), Japan ($2.12M), Canada ($11k), India ($0), and Germany ($0).

Growth In June 2024, the increase in Iodine's year-by-year exports was explained primarily by an increase in exports to Germany ($5.64M or 497%), Canada ($722k or 98.1%), and India ($219k or 19.2%). In June 2024, the increase in Iodine's year-by-year imports was explained primarily by an increase in imports from Chile ($7.96M or 73.7%) and Japan ($2.5M or 252%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$1.57M(23.3%)

IMPORT GROWTH (June 2023 - June 2024)$9.43M(85.7%)

MAIN EXPORTER (June 2024)Texas$4.55M

MAIN DESTINATION (June 2024)Germany$3.35M

This section shows Iodine'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 Iodine over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$52.4M

IMPORTS (2022)$215M

NET TRADE (2022)-$163M

In 2022, United States exported $52.4M in Iodine. The main destinations of United States exports on Iodine were Germany ($27.6M), Canada ($11.7M), India ($8.07M), Brazil ($2.34M), and United Kingdom ($728k).

In 2022, United States imported $215M in Iodine, mainly from Chile ($196M), Japan ($19.1M), Canada ($172k), India ($89.7k), and Slovenia ($21.7k).

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