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2023
Exports $16.6MWorld Rnk 8 / 78
Flag Rnk 984 / 1217
2023
Destination $757k Canada
2022 - 2023
FASTEST GROWING MARKET $757kGabon
2023
Imports $26MWorld Rnk 4 / 142
Flag Rnk 1046 / 1215
2023
Origin $229k Mexico
2022 - 2023
FASTEST GROWING ORIGIN $229kUnited Kingdom
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $16.6M in Magnesium Hydroxide and Peroxide, making it the 8th largest exporter of Magnesium Hydroxide and Peroxide in the world. At the same year, Magnesium Hydroxide and Peroxide was the 984th most exported product in United States. The main destination of Magnesium Hydroxide and Peroxide exports from United States are: Canada ($6.4M), Brazil ($1.56M), Mexico ($922k), Gabon ($757k), and Netherlands ($677k).

The fastest growing export markets for Magnesium Hydroxide and Peroxide of United States between 2022 and 2023 were Gabon ($757k), Canada ($568k), and South Korea ($360k).

Imports In 2023, United States imported $26M in Magnesium Hydroxide and Peroxide, becoming the 4th largest importer of Magnesium Hydroxide and Peroxide in the world. At the same year, Magnesium Hydroxide and Peroxide was the 1046th most imported product in United States. United States imports Magnesium Hydroxide and Peroxide primarily from: Mexico ($6.61M), Israel ($5.72M), Netherlands ($5.09M), China ($4.02M), and Austria ($1.67M).

The fastest growing import markets in Magnesium Hydroxide and Peroxide for United States between 2022 and 2023 were United Kingdom ($229k), Sao Tome and Principe ($138k), and Japan ($125k).

COMPANIES In 2024, leading companies such as Robert Bosch (1) and Polyplex (1) were at the forefront of shipping Magnesium Hydroxide and Peroxide to the United States.

Latest Trends

January 2025

About

Overview In January 2025 United States' Magnesium Hydroxide and Peroxide exports accounted up to $2.08M and imports accounted up to $1.93M, resulting in a positive trade balance of $149k. Between January 2024 and January 2025 the exports of United States'   Magnesium Hydroxide and Peroxide have increased by $647k (45.2%) from $1.43M to $2.08M, while imports increased by $80.1k (4.34%) from $1.85M to $1.93M.

Destinations In January 2025, Magnesium Hydroxide and Peroxide were exported mostly to Canada ($618k), Mexico ($542k), Indonesia ($244k), Germany ($126k), and United Kingdom ($113k), and were imported mostly from Netherlands ($682k), Mexico ($455k), Austria ($370k), China ($259k), and Japan ($132k).

Growth In January 2025, the increase in Magnesium Hydroxide and Peroxide's year-by-year exports was explained primarily by an increase in exports to Canada ($412k or 81.9%), Mexico ($81.7k or 107%), and Brazil ($30.2k or 420%). In January 2025, the increase in Magnesium Hydroxide and Peroxide's year-by-year imports was explained primarily by an increase in imports from Mexico ($151k or 39.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$647k(45.2%)
IMPORT GROWTH (January 2024 - January 2025)$80.1k(4.34%)
MAIN EXPORTER (January 2025)Delaware$517k
MAIN DESTINATION (January 2025)Canada$618k

This section shows Magnesium Hydroxide and Peroxide'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 Magnesium Hydroxide and Peroxide over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$16.6M
IMPORTS (2023)$26M
NET TRADE (2023)-$9.46M

In 2023, United States exported $16.6M in Magnesium Hydroxide and Peroxide. The main destinations of United States exports on Magnesium Hydroxide and Peroxide were Canada ($6.4M), Brazil ($1.56M), Mexico ($922k), Gabon ($757k), and Netherlands ($677k).

In 2023, United States imported $26M in Magnesium Hydroxide and Peroxide, mainly from Mexico ($6.61M), Israel ($5.72M), Netherlands ($5.09M), China ($4.02M), and Austria ($1.67M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Magnesium Hydroxide and Peroxide EXPORT MARKETS FOR United States WERE (2022 - 2023):
Gabon$757k (1%)
Canada$568k (9.75%)
South Korea$360k (115%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Hydroxide and Peroxide BY United States WERE (2022 - 2023):
Sweden-$2.16M (-91%)
France-$1.04M (-60.7%)
Mexico-$1.01M (-52.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Magnesium Hydroxide and Peroxide were:
China $52.8M
Russia $41.6M
Netherlands $37.6M
In 2023, United States's main importing competitors in Magnesium Hydroxide and Peroxide were:
China $30.7M
Italy $27.3M
South Korea $26.1M

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Trade Value of Magnesium Hydroxide and Peroxide by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $269k
TOP IMPORT POTENTIALChina+ $760k

Magnesium Hydroxide and Peroxide’s highest export potential is China. With an export gap of $269k.   Magnesium Hydroxide and Peroxide’s highest import potential is China with an import gap of $760k.

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