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2022
Exports $6.6BWorld Rnk 4 / 182
Flag Rnk 49 / 1217
2022
Destination $136M Mexico
2021 - 2022
FASTEST GROWING MARKET $136MMexico
2022
PRODUCT COMPLEXITY IN Polyacetals0.78Rnk 255 / 1025
2022
Imports $6.13BWorld Rnk 2 / 217
Flag Rnk 103 / 1216
2022
Origin $264M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $264MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $6.6B in Polyacetals, making it the 4th largest exporter of Polyacetals in the world. At the same year, Polyacetals was the 49th most exported product in United States. The main destination of Polyacetals exports from United States are: Mexico ($1.81B), China ($1.07B), Canada ($994M), Brazil ($283M), and Belgium ($264M).

The fastest growing export markets for Polyacetals of United States between 2021 and 2022 were Mexico ($136M), China ($100M), and Canada ($79.4M).

Imports In 2022, United States imported $6.13B in Polyacetals, becoming the 2nd largest importer of Polyacetals in the world. At the same year, Polyacetals was the 103rd most imported product in United States. United States imports Polyacetals primarily from: South Korea ($1.21B), Mexico ($797M), Chinese Taipei ($744M), Canada ($543M), and Oman ($394M).

The fastest growing import markets in Polyacetals for United States between 2021 and 2022 were Mexico ($264M), Chinese Taipei ($240M), and Oman ($160M).

COMPANIES In 2023, leading companies such as CrimsonLogic (602), Lollicup (170), and Amazon (152) were at the forefront of shipping Polyacetals to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Polyacetals exports accounted up to $523M and imports accounted up to $361M, resulting in a positive trade balance of $162M. Between August 2023 and August 2024 the exports of United States'   Polyacetals have increased by $86M (19.7%) from $437M to $523M, while imports increased by $16.4M (4.75%) from $345M to $361M.

Destinations In August 2024, Polyacetals were exported mostly to Mexico ($167M), Canada ($79.9M), China ($79.5M), Belgium ($25.7M), and Brazil ($19.1M), and were imported mostly from South Korea ($73.5M), Mexico ($40.6M), Chinese Taipei ($39.8M), Canada ($38.3M), and Germany ($35M).

Growth In August 2024, the increase in Polyacetals's year-by-year exports was explained primarily by an increase in exports to South Africa ($6.31M or 3.25k%), Singapore ($5.92M or 106%), and India ($5.06M or 68.9%). In August 2024, the increase in Polyacetals's year-by-year imports was explained primarily by an increase in imports from Vietnam ($4.37M or 26%), United Kingdom ($1.98M or 35.2%), and Japan ($1.74M or 12.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$86M(19.7%)
IMPORT GROWTH (August 2023 - August 2024)$16.4M(4.75%)
MAIN EXPORTER (August 2024)Texas$125M
MAIN DESTINATION (August 2024)Mexico$167M

This section shows Polyacetals'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 Polyacetals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.6B
IMPORTS (2022)$6.13B
NET TRADE (2022)$466M

In 2022, United States exported $6.6B in Polyacetals. The main destinations of United States exports on Polyacetals were Mexico ($1.81B), China ($1.07B), Canada ($994M), Brazil ($283M), and Belgium ($264M).

In 2022, United States imported $6.13B in Polyacetals, mainly from South Korea ($1.21B), Mexico ($797M), Chinese Taipei ($744M), Canada ($543M), and Oman ($394M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Polyacetals EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$136M (8.1%)
China$100M (10.4%)
Canada$79.4M (8.68%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polyacetals BY United States WERE (2021 - 2022):
Hong Kong-$70.5M (-40.9%)
Chile-$11.8M (-24.4%)
Netherlands-$10.9M (-4.15%)
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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 Polyacetals were:
China $12.5B
Germany $7.27B
South Korea $6.91B
In 2022, United States's main importing competitors in Polyacetals were:
China $8.92B
Germany $5.02B

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Trade Value of Polyacetals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $122M
TOP IMPORT POTENTIALChina+ $209M

Polyacetals’s highest export potential is China. With an export gap of $122M.   Polyacetals’s highest import potential is China with an import gap of $209M.

See methodology.

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