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2022
Exports $104MWorld Rnk 1 / 57
Flag Rnk 733 / 1217
2022
Destination $6.04M South Korea
2021 - 2022
FASTEST GROWING MARKET $6.04MSouth Korea
2022
Imports $113MWorld Rnk 1 / 104
Flag Rnk 860 / 1216
2022
Origin $4.29M Canada
2021 - 2022
FASTEST GROWING ORIGIN $4.29MSerbia
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $104M in Propellant Powders, making it the 1st largest exporter of Propellant Powders in the world. At the same year, Propellant Powders was the 733rd most exported product in United States. The main destination of Propellant Powders exports from United States are: South Korea ($21.5M), France ($13.1M), Germany ($8.37M), Mexico ($7.46M), and Canada ($6.26M).

The fastest growing export markets for Propellant Powders of United States between 2021 and 2022 were South Korea ($6.04M), Germany ($3.35M), and Lebanon ($2.37M).

Imports In 2022, United States imported $113M in Propellant Powders, becoming the 1st largest importer of Propellant Powders in the world. At the same year, Propellant Powders was the 860th most imported product in United States. United States imports Propellant Powders primarily from: Canada ($58.4M), Germany ($15.4M), Sweden ($7.41M), Australia ($7.39M), and Switzerland ($5.57M).

The fastest growing import markets in Propellant Powders for United States between 2021 and 2022 were Serbia ($4.29M), Switzerland ($2.31M), and Thailand ($1.65M).

Latest Trends

June 2024

About

Overview In June 2024 United States' Propellant Powders exports accounted up to $23.9M and imports accounted up to $8.7M, resulting in a positive trade balance of $15.2M. Between June 2023 and June 2024 the exports of United States'   Propellant Powders have increased by $7.46M (45.3%) from $16.5M to $23.9M, while imports decreased by $-14.2M (-62%) from $22.9M to $8.7M.

Destinations In June 2024, Propellant Powders were exported mostly to Turkey ($7.08M), Canada ($3.17M), South Korea ($2.67M), Bosnia and Herzegovina ($2.32M), and Czechia ($1.99M), and were imported mostly from Canada ($4.89M), Finland ($993k), Thailand ($792k), Australia ($657k), and Germany ($597k).

Growth In June 2024, the increase in Propellant Powders's year-by-year exports was explained primarily by an increase in exports to Canada ($668k or 294%), Israel ($435k or 117%), and Germany ($281k or 106%). In June 2024, the decrease in Propellant Powders's year-by-year imports was explained primarily by a decrease in imports from Finland ($-875k or -77.2%) and Germany ($-564k or -19%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$7.46M(45.3%)
IMPORT GROWTH (June 2023 - June 2024)$-14.2M(-62%)
MAIN EXPORTER (June 2024)Florida$18M
MAIN DESTINATION (June 2024)Turkey$7.08M

This section shows Propellant Powders'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 Propellant Powders over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$104M
IMPORTS (2022)$113M
NET TRADE (2022)-$8.94M

In 2022, United States exported $104M in Propellant Powders. The main destinations of United States exports on Propellant Powders were South Korea ($21.5M), France ($13.1M), Germany ($8.37M), Mexico ($7.46M), and Canada ($6.26M).

In 2022, United States imported $113M in Propellant Powders, mainly from Canada ($58.4M), Germany ($15.4M), Sweden ($7.41M), Australia ($7.39M), and Switzerland ($5.57M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Propellant Powders EXPORT MARKETS FOR United States WERE (2021 - 2022):
South Korea$6.04M (39.2%)
Germany$3.35M (66.6%)
Lebanon$2.37M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Propellant Powders BY United States WERE (2021 - 2022):
Estonia-$3.92M (-100%)
Romania-$1.48M (-44%)
Turkey-$1.25M (-100%)
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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 Propellant Powders were:
Canada $66.2M
Switzerland $45.6M
In 2022, United States's main importing competitors in Propellant Powders were:
Germany $37.9M
France $33.5M

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Trade Value of Propellant Powders by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $954k
TOP IMPORT POTENTIALChina+ $1.11M

Propellant Powders’s highest export potential is Canada. With an export gap of $954k.   Propellant Powders’s highest import potential is China with an import gap of $1.11M.

See methodology.

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