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2022
Exports $573MWorld Rnk 3 / 148
Flag Rnk 356 / 1217
2022
Destination $20M China
2021 - 2022
FASTEST GROWING MARKET $20MMexico
2022
PRODUCT COMPLEXITY IN Photographic Chemicals2.07Rnk 4 / 1025
2022
Imports $562MWorld Rnk 4 / 212
Flag Rnk 509 / 1216
2022
Origin $4.18M Japan
2021 - 2022
FASTEST GROWING ORIGIN $4.18MSouth Korea
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $573M in Photographic Chemicals, making it the 3rd largest exporter of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 356th most exported product in United States. The main destination of Photographic Chemicals exports from United States are: China ($91.3M), Chinese Taipei ($77.7M), Mexico ($59.4M), Israel ($43.8M), and South Korea ($42.5M).

The fastest growing export markets for Photographic Chemicals of United States between 2021 and 2022 were Mexico ($20M), Israel ($12.7M), and Germany ($8.13M).

Imports In 2022, United States imported $562M in Photographic Chemicals, becoming the 4th largest importer of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 509th most imported product in United States. United States imports Photographic Chemicals primarily from: Japan ($466M), South Korea ($24.7M), Netherlands ($18.1M), Belgium ($15.7M), and Canada ($13.5M).

The fastest growing import markets in Photographic Chemicals for United States between 2021 and 2022 were South Korea ($4.18M), Canada ($2.57M), and China ($1.39M).

COMPANIES In 2023, leading companies such as Xerox (15), CNH Industrial (6), and Brother Industries (4) were at the forefront of shipping Photographic Chemicals to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Photographic Chemicals exports accounted up to $50.6M and imports accounted up to $40.3M, resulting in a positive trade balance of $10.2M. Between August 2023 and August 2024 the exports of United States'   Photographic Chemicals have increased by $11.6M (29.9%) from $39M to $50.6M, while imports increased by $259k (0.65%) from $40.1M to $40.3M.

Destinations In August 2024, Photographic Chemicals were exported mostly to South Korea ($7.63M), Chinese Taipei ($7.17M), China ($6.73M), Mexico ($5.57M), and Japan ($4.39M), and were imported mostly from Japan ($32.8M), South Korea ($3.39M), Chinese Taipei ($1.16M), Canada ($997k), and Belgium ($653k).

Growth In August 2024, the increase in Photographic Chemicals's year-by-year exports was explained primarily by an increase in exports to Belgium ($1.3M or 47.7%), Colombia ($861k or 1.21k%), and South Korea ($324k or 11.8%). In August 2024, the increase in Photographic Chemicals's year-by-year imports was explained primarily by an increase in imports from South Korea ($2.01M or 74.3%), Chinese Taipei ($244k or 79.9%), and Canada ($233k or 31%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$11.6M(29.9%)
IMPORT GROWTH (August 2023 - August 2024)$259k(0.65%)
MAIN EXPORTER (August 2024)New Jersey$17.2M
MAIN DESTINATION (August 2024)South Korea$7.63M

This section shows Photographic 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 Photographic Chemicals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$573M
IMPORTS (2022)$562M
NET TRADE (2022)$10.5M

In 2022, United States exported $573M in Photographic Chemicals. The main destinations of United States exports on Photographic Chemicals were China ($91.3M), Chinese Taipei ($77.7M), Mexico ($59.4M), Israel ($43.8M), and South Korea ($42.5M).

In 2022, United States imported $562M in Photographic Chemicals, mainly from Japan ($466M), South Korea ($24.7M), Netherlands ($18.1M), Belgium ($15.7M), and Canada ($13.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Photographic Chemicals EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$20M (50.8%)
Israel$12.7M (40.7%)
Germany$8.13M (36.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photographic Chemicals BY United States WERE (2021 - 2022):
China-$21.7M (-19.2%)
Chinese Taipei-$13.6M (-14.9%)
Ireland-$9.83M (-23.6%)
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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 Photographic Chemicals were:
Japan $3.47B
South Korea $731M
In 2022, United States's main importing competitors in Photographic Chemicals were:
China $1.86B
Chinese Taipei $1B
South Korea $583M

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Trade Value of Photographic Chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $17.3M
TOP IMPORT POTENTIALSouth Korea+ $9.43M

Photographic Chemicals’s highest export potential is China. With an export gap of $17.3M.   Photographic Chemicals’s highest import potential is South Korea with an import gap of $9.43M.

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