Methacrylic acid, salts in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $31.2M in Methacrylic acid, salts, making it the 5th largest exporter of Methacrylic acid, salts in the world. At the same year, Methacrylic acid, salts was the 2387th most exported product in United States. The main destination of Methacrylic acid, salts exports from United States are: Canada ($6.63M), Mexico ($5.41M), Belgium ($4.95M), Brazil ($4.86M), and India ($3.73M).

Imports In 2022, United States imported $31M in Methacrylic acid, salts, becoming the 2nd largest importer of Methacrylic acid, salts in the world. At the same year, Methacrylic acid, salts was the 3018th most imported product in United States. United States imports Methacrylic acid, salts primarily from: South Korea ($17.6M), Thailand ($4.75M), Japan ($4.46M), Chinese Taipei ($1.2M), and Germany ($1.03M).

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 Methacrylic acid, salts to the United States.

Latest Trends

June 2024

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Overview In June 2024 United States' Methacrylic acid, salts exports accounted up to $3.32M and imports accounted up to $1.05M, resulting in a positive trade balance of $2.27M. Between June 2023 and June 2024 the exports of United States' Methacrylic acid, salts have increased by $1.01M (43.7%) from $2.31M to $3.32M, while imports decreased by $-1.04M (-49.8%) from $2.1M to $1.05M.

Destinations In June 2024, Methacrylic acid, salts were exported mostly to Belgium ($1.51M), Mexico ($570k), Canada ($423k), Brazil ($226k), and United Arab Emirates ($194k), and were imported mostly from South Korea ($744k), Germany ($300k), Japan ($8.73k), China ($0), and India ($0).

Growth In June 2024, the increase in Methacrylic acid, salts's year-by-year exports was explained primarily by an increase in exports to Brazil ($842k or 1.3k%), India ($84.6k or 43.5%), and Belgium ($39.4k or 25.2%). In June 2024, the decrease in Methacrylic acid, salts's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-2.01M or -74.2%), Thailand ($-172k or -31.8%), and Japan ($-54.5k or -95.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$1.01M(43.7%)

IMPORT GROWTH (June 2023 - June 2024)$-1.04M(-49.8%)

MAIN EXPORTER (June 2024)Texas$2.65M

MAIN DESTINATION (June 2024)Belgium$1.51M

This section shows Methacrylic acid, salts'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 Methacrylic acid, salts over time.

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