Magnesia, fused, dead-burned etc and magnesium oxide in United States

About

Exports In 2022, United States exported $184M in Magnesia, fused, dead-burned etc and magnesium oxide, making it the 2nd largest exporter of Magnesia, fused, dead-burned etc and magnesium oxide in the world. At the same year, Magnesia, fused, dead-burned etc and magnesium oxide was the 1047th most exported product in United States. The main destination of Magnesia, fused, dead-burned etc and magnesium oxide exports from United States are: Democratic Republic of the Congo ($87.1M), Mauritius ($52.7M), Namibia ($9.42M), Canada ($8.58M), and Mexico ($3.03M).

The fastest growing export markets for Magnesia, fused, dead-burned etc and magnesium oxide of United States between 2021 and 2022 were Democratic Republic of the Congo ($25.7M), Mauritius ($13.7M), and Canada ($1.77M).

Imports In 2022, United States imported $328M in Magnesia, fused, dead-burned etc and magnesium oxide, becoming the 1st largest importer of Magnesia, fused, dead-burned etc and magnesium oxide in the world. At the same year, Magnesia, fused, dead-burned etc and magnesium oxide was the 1153rd most imported product in United States. United States imports Magnesia, fused, dead-burned etc and magnesium oxide primarily from: China ($194M), Hong Kong ($29.3M), Canada ($28.3M), Israel ($22.6M), and Brazil ($19.4M).

The fastest growing import markets in Magnesia, fused, dead-burned etc and magnesium oxide for United States between 2021 and 2022 were China ($51.7M), Hong Kong ($8.66M), and Canada ($4.88M).

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 Magnesia, fused, dead-burned etc and magnesium oxide to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Magnesia, fused, dead-burned etc and magnesium oxide exports accounted up to $3.02M and imports accounted up to $17.8M, resulting in a negative trade balance of $14.8M. Between June 2023 and June 2024 the exports of United States' Magnesia, fused, dead-burned etc and magnesium oxide have decreased by $-2.15M (-41.5%) from $5.17M to $3.02M, while imports increased by $3.36M (23.3%) from $14.4M to $17.8M.

Destinations In June 2024, Magnesia, fused, dead-burned etc and magnesium oxide were exported mostly to Canada ($764k), Netherlands ($354k), Mexico ($346k), China ($328k), and France ($270k), and were imported mostly from China ($6.45M), Brazil ($5.26M), Israel ($2.21M), Canada ($1.53M), and Japan ($729k).

Growth In June 2024, the decrease in Magnesia, fused, dead-burned etc and magnesium oxide's year-by-year exports was explained primarily by a decrease in exports to Mauritius ($-763k or -16.9%), Canada ($-133k or -13.6%), and China ($-112k or -30.5%). In June 2024, the increase in Magnesia, fused, dead-burned etc and magnesium oxide's year-by-year imports was explained primarily by an increase in imports from China ($13.8M or 110%), Canada ($250k or 11%), and Spain ($93.1k or 60.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-2.15M(-41.5%)

IMPORT GROWTH (June 2023 - June 2024)$3.36M(23.3%)

MAIN EXPORTER (June 2024)Michigan$1.77M

MAIN DESTINATION (June 2024)Canada$764k

This section shows Magnesia, fused, dead-burned etc and magnesium oxide'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 Magnesia, fused, dead-burned etc and magnesium oxide over time.

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