Propylene glycol (propane-1,2-diol) in United States | The Observatory of Economic Complexity

About

The fastest growing export markets for Propylene glycol (propane-1,2-diol) of United States between 2021 and 2022 were China ($15.1M), Canada ($3.66M), and Pakistan ($2.37M).

Imports In 2022, United States imported $80M in Propylene glycol (propane-1,2-diol), becoming the 13th largest importer of Propylene glycol (propane-1,2-diol) in the world. At the same year, Propylene glycol (propane-1,2-diol) was the 2275th most imported product in United States. United States imports Propylene glycol (propane-1,2-diol) primarily from: South Korea ($39.9M), Germany ($7.23M), Mexico ($5.52M), Belgium ($4.57M), and Singapore ($4.47M).

The fastest growing import markets in Propylene glycol (propane-1,2-diol) for United States between 2021 and 2022 were South Korea ($7.88M), Belgium ($3.36M), and Singapore ($3.19M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Propylene glycol (propane-1,2-diol) to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Propylene glycol (propane-1,2-diol) exports accounted up to $11.8M and imports accounted up to $1.9M, resulting in a positive trade balance of $9.9M. Between June 2023 and June 2024 the exports of United States' Propylene glycol (propane-1,2-diol) have decreased by $-3.17M (-21.2%) from $15M to $11.8M, while imports decreased by $-96k (-4.82%) from $1.99M to $1.9M.

Destinations In June 2024, Propylene glycol (propane-1,2-diol) were exported mostly to Mexico ($4.78M), Canada ($1.85M), Singapore ($1.23M), China ($1.13M), and Chile ($581k), and were imported mostly from South Korea ($1.41M), Singapore ($194k), China ($159k), Netherlands ($43.4k), and Pakistan ($25.3k).

Growth In June 2024, the decrease in Propylene glycol (propane-1,2-diol)'s year-by-year exports was explained primarily by a decrease in exports to China ($-3.03M or -59.7%), Canada ($-2.57M or -60.9%), and Colombia ($-1.64M or -97.2%). In June 2024, the decrease in Propylene glycol (propane-1,2-diol)'s year-by-year imports was explained primarily by a decrease in imports from South Korea ($-1.41M or -38.5%), United Kingdom ($-386k or -92.2%), and Germany ($-314k or -78.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-3.17M(-21.2%)

IMPORT GROWTH (June 2023 - June 2024)$-96k(-4.82%)

MAIN EXPORTER (June 2024)Texas$9.79M

MAIN DESTINATION (June 2024)Mexico$4.78M

This section shows Propylene glycol (propane-1,2-diol)'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 Propylene glycol (propane-1,2-diol) over time.

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