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2022
Exports $278MWorld Rnk 2 / 170
Flag Rnk 519 / 1217
2022
Destination $25.2M Mexico
2021 - 2022
FASTEST GROWING MARKET $25.2MMexico
2022
PRODUCT COMPLEXITY IN Organic Composite Solvents-0.03Rnk 556 / 1025
2022
Imports $95MWorld Rnk 2 / 220
Flag Rnk 885 / 1216
2022
Origin $4.08M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $4.08MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $278M in Organic Composite Solvents, making it the 2nd largest exporter of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 519th most exported product in United States. The main destination of Organic Composite Solvents exports from United States are: Mexico ($73.4M), Canada ($42.4M), South Korea ($20.1M), China ($14.3M), and United Arab Emirates ($10M).

The fastest growing export markets for Organic Composite Solvents of United States between 2021 and 2022 were Mexico ($25.2M), United Arab Emirates ($6.67M), and Saudi Arabia ($6.54M).

Imports In 2022, United States imported $95M in Organic Composite Solvents, becoming the 2nd largest importer of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 885th most imported product in United States. United States imports Organic Composite Solvents primarily from: South Korea ($35.3M), Canada ($29.4M), Germany ($5.22M), Japan ($5.01M), and United Kingdom ($4.09M).

The fastest growing import markets in Organic Composite Solvents for United States between 2021 and 2022 were Canada ($4.08M), Japan ($1.01M), and United Kingdom ($809k).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (268), Samsung (39), and Barry Callebaut (21) were at the forefront of shipping Organic Composite Solvents to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Organic Composite Solvents exports accounted up to $21.3M and imports accounted up to $7.85M, resulting in a positive trade balance of $13.5M. Between September 2023 and September 2024 the exports of United States'   Organic Composite Solvents have decreased by $-7.22M (-25.3%) from $28.5M to $21.3M, while imports increased by $2.32M (41.9%) from $5.53M to $7.85M.

Destinations In September 2024, Organic Composite Solvents were exported mostly to Mexico ($5.63M), Canada ($3.61M), Qatar ($2.9M), Saudi Arabia ($1.75M), and China ($769k), and were imported mostly from South Korea ($1.99M), Chinese Taipei ($1.98M), Canada ($1.45M), United Kingdom ($679k), and Germany ($450k).

Growth In September 2024, the decrease in Organic Composite Solvents's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-343k or -6.86%), Russia ($-267k or -98.8%), and Colombia ($-217k or -55.4%). In September 2024, the increase in Organic Composite Solvents's year-by-year imports was explained primarily by an increase in imports from France ($164k or 383%), Spain ($71.7k or 1.45k%), and Lebanon ($60.7k or 1.51k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-7.22M(-25.3%)
IMPORT GROWTH (September 2023 - September 2024)$2.32M(41.9%)
MAIN EXPORTER (September 2024)Illinois$7.59M
MAIN DESTINATION (September 2024)Mexico$5.63M

This section shows Organic Composite Solvents'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 Composite Solvents over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$278M
IMPORTS (2022)$95M
NET TRADE (2022)$183M

In 2022, United States exported $278M in Organic Composite Solvents. The main destinations of United States exports on Organic Composite Solvents were Mexico ($73.4M), Canada ($42.4M), South Korea ($20.1M), China ($14.3M), and United Arab Emirates ($10M).

In 2022, United States imported $95M in Organic Composite Solvents, mainly from South Korea ($35.3M), Canada ($29.4M), Germany ($5.22M), Japan ($5.01M), and United Kingdom ($4.09M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic Composite Solvents EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$25.2M (52.4%)
United Arab Emirates$6.67M (200%)
Saudi Arabia$6.54M (439%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic Composite Solvents BY United States WERE (2021 - 2022):
Indonesia-$3.74M (-79.3%)
Ireland-$3.09M (-96.2%)
Thailand-$2.15M (-61.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Organic Composite Solvents were:
Germany $300M
Italy $166M
In 2022, United States's main importing competitors in Organic Composite Solvents were:
China $101M
Vietnam $89.2M

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Trade Value of Organic Composite Solvents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.34M
TOP IMPORT POTENTIALGermany+ $3.16M

Organic Composite Solvents’s highest export potential is China. With an export gap of $3.34M.   Organic Composite Solvents’s highest import potential is Germany with an import gap of $3.16M.

See methodology.

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