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2023
Exports $476MWorld Rnk 3 / 138
Flag Rnk 381 / 1217
2023
Destination $11.6M China
2022 - 2023
FASTEST GROWING MARKET $11.6MSouth Korea
2023
PRODUCT COMPLEXITY IN Photographic Chemicals1.94Rnk 4 / 1025
2023
Imports $464MWorld Rnk 4 / 211
Flag Rnk 539 / 1215
2023
Origin $4.22M Japan
2022 - 2023
FASTEST GROWING ORIGIN $4.22MSpain
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $476M in Photographic Chemicals, making it the 3rd largest exporter of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 381st most exported product in United States. The main destination of Photographic Chemicals exports from United States are: China ($101M), South Korea ($46.7M), Mexico ($45.9M), Chinese Taipei ($42.2M), and Ireland ($33.5M).

The fastest growing export markets for Photographic Chemicals of United States between 2022 and 2023 were South Korea ($11.6M), Ireland ($4.35M), and Barbados ($2.05M).

Imports In 2023, United States imported $464M in Photographic Chemicals, becoming the 4th largest importer of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 539th most imported product in United States. United States imports Photographic Chemicals primarily from: Japan ($378M), South Korea ($36.7M), Belgium ($12.9M), Canada ($8.56M), and Spain ($6.5M).

The fastest growing import markets in Photographic Chemicals for United States between 2022 and 2023 were Spain ($4.22M), Iceland ($1.47M), and Germany ($1.17M).

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

November 2024

About

Overview In November 2024 United States' Photographic Chemicals exports accounted up to $52.2M and imports accounted up to $49M, resulting in a positive trade balance of $3.18M. Between November 2023 and November 2024 the exports of United States'   Photographic Chemicals have increased by $5.99M (13%) from $46.2M to $52.2M, while imports increased by $9.82M (25.1%) from $39.2M to $49M.

Destinations In November 2024, Photographic Chemicals were exported mostly to China ($9.17M), South Korea ($7.62M), Chinese Taipei ($7.61M), Japan ($3.81M), and Mexico ($3.21M), and were imported mostly from Japan ($43.6M), South Korea ($1.9M), Belgium ($1.3M), Chinese Taipei ($709k), and Canada ($633k).

Growth In November 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 November 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 (November 2023 - November 2024)$5.99M(13%)
IMPORT GROWTH (November 2023 - November 2024)$9.82M(25.1%)
MAIN EXPORTER (November 2024)New Jersey$17.2M
MAIN DESTINATION (November 2024)China$9.17M

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 (2023)$476M
IMPORTS (2023)$464M
NET TRADE (2023)$11.4M

In 2023, United States exported $476M in Photographic Chemicals. The main destinations of United States exports on Photographic Chemicals were China ($101M), South Korea ($46.7M), Mexico ($45.9M), Chinese Taipei ($42.2M), and Ireland ($33.5M).

In 2023, United States imported $464M in Photographic Chemicals, mainly from Japan ($378M), South Korea ($36.7M), Belgium ($12.9M), Canada ($8.56M), and Spain ($6.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Photographic Chemicals EXPORT MARKETS FOR United States WERE (2022 - 2023):
South Korea$11.6M (33.2%)
Ireland$4.35M (14.9%)
Barbados$2.05M (496%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photographic Chemicals BY United States WERE (2022 - 2023):
Israel-$16.5M (-34.6%)
Chinese Taipei-$9.54M (-18.4%)
China-$8.55M (-7.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Photographic Chemicals were:
Japan $3.23B
South Korea $756M
In 2023, United States's main importing competitors in Photographic Chemicals were:
China $2.03B
Chinese Taipei $861M
South Korea $499M

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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.

See methodology.

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