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2022
Exports $161MWorld Rnk 5 / 189
Flag Rnk 642 / 1217
2022
Destination $4.56M Germany
2021 - 2022
FASTEST GROWING MARKET $4.56MFrance
2022
PRODUCT COMPLEXITY IN Perfume Plants-1.82Rnk 983 / 1025
2022
Imports $522MWorld Rnk 1 / 213
Flag Rnk 531 / 1216
2022
Origin $20.4M India
2021 - 2022
FASTEST GROWING ORIGIN $20.4MIndia
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $161M in Perfume Plants, making it the 5th largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 642nd most exported product in United States. The main destination of Perfume Plants exports from United States are: Germany ($25.3M), Hong Kong ($23.2M), Canada ($23.1M), Spain ($17M), and China ($15.4M).

The fastest growing export markets for Perfume Plants of United States between 2021 and 2022 were France ($4.56M), Spain ($3.07M), and India ($2.46M).

Imports In 2022, United States imported $522M in Perfume Plants, becoming the 1st largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 531st most imported product in United States. United States imports Perfume Plants primarily from: India ($163M), Mexico ($50.2M), China ($36M), Colombia ($35.5M), and Egypt ($32.7M).

The fastest growing import markets in Perfume Plants for United States between 2021 and 2022 were India ($20.4M), Albania ($7.68M), and Nigeria ($5.33M).

COMPANIES In 2023, leading companies such as At Home Procurement (41), PACCAR Engine (17), and Barilla (6) were at the forefront of shipping Perfume Plants to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Perfume Plants exports accounted up to $15.1M and imports accounted up to $46.5M, resulting in a negative trade balance of $31.5M. Between September 2023 and September 2024 the exports of United States'   Perfume Plants have increased by $546k (3.76%) from $14.5M to $15.1M, while imports increased by $9.26M (24.9%) from $37.2M to $46.5M.

Destinations In September 2024, Perfume Plants were exported mostly to Spain ($7.92M), Canada ($2.32M), Germany ($1.12M), Netherlands ($992k), and Japan ($240k), and were imported mostly from India ($14.4M), Mexico ($4.44M), Germany ($3.26M), Spain ($2.7M), and China ($2.42M).

Growth In September 2024, the increase in Perfume Plants's year-by-year exports was explained primarily by an increase in exports to France ($2.73M or 86.4%), Canada ($212k or 10.3%), and Germany ($209k or 12.1%). In September 2024, the increase in Perfume Plants's year-by-year imports was explained primarily by an increase in imports from India ($757k or 5.97%), Chile ($723k or 332%), and Germany ($719k or 35.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$546k(3.76%)
IMPORT GROWTH (September 2023 - September 2024)$9.26M(24.9%)
MAIN EXPORTER (September 2024)Florida$8.14M
MAIN DESTINATION (September 2024)Spain$7.92M

This section shows Perfume Plants'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 Perfume Plants over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$161M
IMPORTS (2022)$522M
NET TRADE (2022)-$361M

In 2022, United States exported $161M in Perfume Plants. The main destinations of United States exports on Perfume Plants were Germany ($25.3M), Hong Kong ($23.2M), Canada ($23.1M), Spain ($17M), and China ($15.4M).

In 2022, United States imported $522M in Perfume Plants, mainly from India ($163M), Mexico ($50.2M), China ($36M), Colombia ($35.5M), and Egypt ($32.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR United States WERE (2021 - 2022):
France$4.56M (57%)
Spain$3.07M (22.1%)
India$2.46M (187%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY United States WERE (2021 - 2022):
Hong Kong-$6.35M (-21.5%)
Switzerland-$6.16M (-96.7%)
Canada-$3.79M (-14.1%)
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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 Perfume Plants were:
China $961M
India $461M
Germany $192M
In 2022, United States's main importing competitors in Perfume Plants were:
Germany $457M
China $328M

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Trade Value of Perfume Plants by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.55M
TOP IMPORT POTENTIALChina+ $18.2M

Perfume Plants’s highest export potential is China. With an export gap of $4.55M.   Perfume Plants’s highest import potential is China with an import gap of $18.2M.

See methodology.

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