NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $49.5BWorld Rnk 2 / 215
Flag Rnk 10 / 96
2023
Destination $1.53B Mexico
2022 - 2023
FASTEST GROWING MARKET $1.53BItaly
2023
PRODUCT COMPLEXITY IN Organic chemicals1.84Rnk 10 / 1025
2023
Imports $61.7BWorld Rnk 1 / 225
Flag Rnk 10 / 96
2023
Origin $2.64B Ireland
2022 - 2023
FASTEST GROWING ORIGIN $2.64BSingapore
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $49.5B in Organic chemicals, making it the 2nd largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 10th most exported product in United States. The main destination of Organic chemicals exports from United States are: Mexico ($5.41B), China ($4.83B), Germany ($3.57B), Italy ($3.54B), and Japan ($3.3B).

The fastest growing export markets for Organic chemicals of United States between 2022 and 2023 were Italy ($1.53B), Germany ($784M), and United Kingdom ($767M).

Imports In 2023, United States imported $61.7B in Organic chemicals, becoming the 1st largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 10th most imported product in United States. United States imports Organic chemicals primarily from: Ireland ($18.1B), China ($8.35B), Singapore ($3.97B), Switzerland ($3.76B), and India ($3.63B).

The fastest growing import markets in Organic chemicals for United States between 2022 and 2023 were Singapore ($2.64B), Switzerland ($587M), and Argentina ($275M).

COMPANIES In 2023, leading companies such as LG Electronics (3.32k), IKEA Group (2.32k), and Givaudan Fragrances (1.23k) were at the forefront of shipping Organic chemicals to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Organic chemicals exports accounted up to $5.28B and imports accounted up to $7.68B, resulting in a negative trade balance of $2.4B. Between November 2023 and November 2024 the exports of United States'   Organic chemicals have increased by $1.29B (32.3%) from $3.99B to $5.28B, while imports increased by $3.31B (75.9%) from $4.37B to $7.68B.

Destinations In November 2024, Organic chemicals were exported mostly to Italy ($1.49B), Mexico ($462M), China ($333M), Germany ($301M), and Canada ($260M), and were imported mostly from Ireland ($4.1B), Switzerland ($939M), China ($644M), India ($261M), and Canada ($211M).

Growth In November 2024, the increase in Organic chemicals's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($1.2B or 1.18k%), Austria ($269M or 15.5k%), and Germany ($225M or 130%). In November 2024, the increase in Organic chemicals's year-by-year imports was explained primarily by an increase in imports from Netherlands ($94.6M or 163%), South Korea ($89.6M or 98.1%), and France ($89.5M or 98.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$1.29B(32.3%)
IMPORT GROWTH (November 2023 - November 2024)$3.31B(75.9%)
MAIN EXPORTER (November 2024)Texas$2.09B
MAIN DESTINATION (November 2024)Italy$1.49B

This section shows Organic chemicals'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 Organic chemicals over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$49.5B
IMPORTS (2023)$61.7B
NET TRADE (2023)-$12.2B

In 2023, United States exported $49.5B in Organic chemicals. The main destinations of United States exports on Organic chemicals were Mexico ($5.41B), China ($4.83B), Germany ($3.57B), Italy ($3.54B), and Japan ($3.3B).

In 2023, United States imported $61.7B in Organic chemicals, mainly from Ireland ($18.1B), China ($8.35B), Singapore ($3.97B), Switzerland ($3.76B), and India ($3.63B).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR United States WERE (2022 - 2023):
Italy$1.53B (76%)
Germany$784M (28.2%)
United Kingdom$767M (55.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY United States WERE (2022 - 2023):
Mexico-$768M (-12.4%)
Canada-$720M (-18.3%)
Belgium-$553M (-16.6%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Organic chemicals were:
China $95.6B
Ireland $40.2B
In 2023, United States's main importing competitors in Organic chemicals were:
China $45.8B
Germany $42.6B

Explore Visualizations

Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $760M
TOP IMPORT POTENTIALIndia+ $1.4B

Organic chemicals’s highest export potential is China. With an export gap of $760M.   Organic chemicals’s highest import potential is India with an import gap of $1.4B.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms