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2023
Exports $259MWorld Rnk 3 / 135
Flag Rnk 516 / 1217
2023
Destination $3.54M Canada
2022 - 2023
FASTEST GROWING MARKET $3.54MCanada
2023
PRODUCT COMPLEXITY IN Refractory Cements0.8Rnk 256 / 1025
2023
Imports $136MWorld Rnk 4 / 213
Flag Rnk 813 / 1215
2023
Origin $9.37M Canada
2022 - 2023
FASTEST GROWING ORIGIN $9.37MAustria
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $259M in Refractory Cements, making it the 3rd largest exporter of Refractory Cements in the world. At the same year, Refractory Cements was the 516th most exported product in United States. The main destination of Refractory Cements exports from United States are: Canada ($117M), Mexico ($55.6M), India ($10.2M), China ($4.94M), and Brazil ($4.42M).

The fastest growing export markets for Refractory Cements of United States between 2022 and 2023 were Canada ($3.54M), Serbia ($1.49M), and Germany ($1.37M).

Imports In 2023, United States imported $136M in Refractory Cements, becoming the 4th largest importer of Refractory Cements in the world. At the same year, Refractory Cements was the 813th most imported product in United States. United States imports Refractory Cements primarily from: Canada ($50.5M), Austria ($39.5M), Mexico ($19.6M), Germany ($5.43M), and Brazil ($4.69M).

The fastest growing import markets in Refractory Cements for United States between 2022 and 2023 were Austria ($9.37M), Germany ($1.63M), and Brazil ($1.45M).

COMPANIES In 2023, leading companies such as RHI Magnesita (544) were at the forefront of shipping Refractory Cements to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Refractory Cements exports accounted up to $16.3M and imports accounted up to $12.7M, resulting in a positive trade balance of $3.61M. Between November 2023 and November 2024 the exports of United States'   Refractory Cements have increased by $32.8k (0.2%) from $16.3M to $16.3M, while imports increased by $2.98M (30.7%) from $9.71M to $12.7M.

Destinations In November 2024, Refractory Cements were exported mostly to Canada ($9.19M), Mexico ($2.73M), Belgium ($408k), China ($358k), and India ($266k), and were imported mostly from Canada ($3.72M), Austria ($2.64M), Mexico ($1.86M), Spain ($1.06M), and Slovenia ($990k).

Growth In November 2024, the increase in Refractory Cements's year-by-year exports was explained primarily by an increase in exports to Canada ($2.56M or 32.9%), Malaysia ($1.29M or 4.35k%), and Indonesia ($1.05M or 1.33k%). In November 2024, the increase in Refractory Cements's year-by-year imports was explained primarily by an increase in imports from Canada ($1.1M or 35%), Austria ($835k or 70.9%), and Mexico ($485k or 55.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$32.8k(0.2%)
IMPORT GROWTH (November 2023 - November 2024)$2.98M(30.7%)
MAIN EXPORTER (November 2024)Ohio$7.88M
MAIN DESTINATION (November 2024)Canada$9.19M

This section shows Refractory Cements'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 Refractory Cements over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$259M
IMPORTS (2023)$136M
NET TRADE (2023)$124M

In 2023, United States exported $259M in Refractory Cements. The main destinations of United States exports on Refractory Cements were Canada ($117M), Mexico ($55.6M), India ($10.2M), China ($4.94M), and Brazil ($4.42M).

In 2023, United States imported $136M in Refractory Cements, mainly from Canada ($50.5M), Austria ($39.5M), Mexico ($19.6M), Germany ($5.43M), and Brazil ($4.69M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refractory Cements EXPORT MARKETS FOR United States WERE (2022 - 2023):
Canada$3.54M (3.11%)
Serbia$1.49M (89.1%)
Germany$1.37M (51.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Cements BY United States WERE (2022 - 2023):
Brazil-$6.4M (-59.1%)
Mexico-$3.25M (-5.51%)
India-$2.67M (-20.8%)
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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 Refractory Cements were:
China $548M
Germany $389M
In 2023, United States's main importing competitors in Refractory Cements were:
Indonesia $227M
Russia $154M
India $146M

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Trade Value of Refractory Cements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $4.24M
TOP IMPORT POTENTIALGermany+ $3.6M

Refractory Cements’s highest export potential is India. With an export gap of $4.24M.   Refractory Cements’s highest import potential is Germany with an import gap of $3.6M.

See methodology.

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