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2022
Exports $403MWorld Rnk 4 / 161
Flag Rnk 440 / 1217
2022
Destination $31.1M Mexico
2021 - 2022
FASTEST GROWING MARKET $31.1MMexico
2022
PRODUCT COMPLEXITY IN Other Inorganic Acids0.33Rnk 431 / 1025
2022
Imports $760MWorld Rnk 1 / 214
Flag Rnk 454 / 1216
2022
Origin $110M Mexico
2021 - 2022
FASTEST GROWING ORIGIN $110MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $403M in Other Inorganic Acids, making it the 4th largest exporter of Other Inorganic Acids in the world. At the same year, Other Inorganic Acids was the 440th most exported product in United States. The main destination of Other Inorganic Acids exports from United States are: Mexico ($116M), Canada ($97.9M), China ($31.2M), Germany ($16.7M), and Chinese Taipei ($15.4M).

The fastest growing export markets for Other Inorganic Acids of United States between 2021 and 2022 were Mexico ($31.1M), Canada ($12.5M), and Germany ($3.5M).

Imports In 2022, United States imported $760M in Other Inorganic Acids, becoming the 1st largest importer of Other Inorganic Acids in the world. At the same year, Other Inorganic Acids was the 454th most imported product in United States. United States imports Other Inorganic Acids primarily from: Mexico ($184M), China ($149M), Germany ($79M), Japan ($74.7M), and Chinese Taipei ($38.6M).

The fastest growing import markets in Other Inorganic Acids for United States between 2021 and 2022 were Mexico ($110M), China ($47.4M), and Germany ($23.7M).

COMPANIES In 2023, leading companies such as Samsung (25), CrimsonLogic (22), and Xerox (15) were at the forefront of shipping Other Inorganic Acids to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Other Inorganic Acids exports accounted up to $38.1M and imports accounted up to $54M, resulting in a negative trade balance of $15.9M. Between September 2023 and September 2024 the exports of United States'   Other Inorganic Acids have decreased by $-677k (-1.75%) from $38.8M to $38.1M, while imports increased by $3.74M (7.43%) from $50.3M to $54M.

Destinations In September 2024, Other Inorganic Acids were exported mostly to Mexico ($11.9M), Canada ($11.6M), Germany ($4.2M), China ($1.78M), and Chinese Taipei ($1.35M), and were imported mostly from China ($14M), Mexico ($12.7M), Germany ($5.66M), Japan ($5.2M), and Chinese Taipei ($2.93M).

Growth In September 2024, the decrease in Other Inorganic Acids's year-by-year exports was explained primarily by a decrease in exports to China ($-1.47M or -52.4%), Belgium ($-731k or -87.3%), and Thailand ($-509k or -78%). In September 2024, the increase in Other Inorganic Acids's year-by-year imports was explained primarily by an increase in imports from Mexico ($4.51M or 28.9%), Israel ($695k or 2.75k%), and Italy ($618k or 397%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-677k(-1.75%)
IMPORT GROWTH (September 2023 - September 2024)$3.74M(7.43%)
MAIN EXPORTER (September 2024)New Jersey$10.6M
MAIN DESTINATION (September 2024)Mexico$11.9M

This section shows Other Inorganic Acids'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 Other Inorganic Acids over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$403M
IMPORTS (2022)$760M
NET TRADE (2022)-$357M

In 2022, United States exported $403M in Other Inorganic Acids. The main destinations of United States exports on Other Inorganic Acids were Mexico ($116M), Canada ($97.9M), China ($31.2M), Germany ($16.7M), and Chinese Taipei ($15.4M).

In 2022, United States imported $760M in Other Inorganic Acids, mainly from Mexico ($184M), China ($149M), Germany ($79M), Japan ($74.7M), and Chinese Taipei ($38.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Inorganic Acids EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$31.1M (36.7%)
Canada$12.5M (14.7%)
Germany$3.5M (26.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Inorganic Acids BY United States WERE (2021 - 2022):
Japan-$3.76M (-26.6%)
India-$1.76M (-40.4%)
Belgium-$1.73M (-17%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United States's main exporting competitors in Other Inorganic Acids were:
China $1.9B
Germany $790M
Japan $453M
In 2022, United States's main importing competitors in Other Inorganic Acids were:
China $565M
South Korea $445M

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Trade Value of Other Inorganic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.66M
TOP IMPORT POTENTIALChina+ $34.6M

Other Inorganic Acids’s highest export potential is China. With an export gap of $9.66M.   Other Inorganic Acids’s highest import potential is China with an import gap of $34.6M.

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