Rhodium unwrought or in powder form in United States | The Observatory of Economic Complexity

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Exports In 2023, United States exported $684M in Rhodium unwrought or in powder form, making it the 6th largest exporter of Rhodium unwrought or in powder form in the world. At the same year, Rhodium unwrought or in powder form was the 402nd most exported product in United States. The main destination of Rhodium unwrought or in powder form exports from United States are: China ($198M), Germany ($180M), Italy ($99.8M), South Korea ($82.1M), and Hong Kong ($74.6M).

The fastest growing export markets for Rhodium unwrought or in powder form of United States between 2022 and 2023 were South Korea ($55.2M), Germany ($17.2M), and United Kingdom ($9.36M).

Imports In 2023, United States imported $2.93B in Rhodium unwrought or in powder form, becoming the 1st largest importer of Rhodium unwrought or in powder form in the world. At the same year, Rhodium unwrought or in powder form was the 160th most imported product in United States. United States imports Rhodium unwrought or in powder form primarily from: South Africa ($1.17B), Germany ($1.06B), Belgium ($308M), Italy ($122M), and United Kingdom ($109M).

The fastest growing import markets in Rhodium unwrought or in powder form for United States between 2022 and 2023 were United Arab Emirates ($798k), Ecuador ($19.9k), and Austria ($13.2k).

COMPANIES In 2024, leading companies such as IKEA Group (110k), CrimsonLogic (105k), and LG Electronics (53k) were at the forefront of shipping Rhodium unwrought or in powder form to the United States.

Latest Trends

January 2025

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Overview In January 2025 United States' Rhodium unwrought or in powder form exports accounted up to $92.5M and imports accounted up to $214M, resulting in a negative trade balance of $122M. Between January 2024 and January 2025 the exports of United States' Rhodium unwrought or in powder form have decreased by $-32.6M (-26%) from $125M to $92.5M, while imports increased by $3.5M (1.66%) from $211M to $214M.

Destinations In January 2025, Rhodium unwrought or in powder form were exported mostly to Hong Kong ($24.2M), Canada ($20.1M), Germany ($17.1M), China ($16.3M), and South Korea ($14.1M), and were imported mostly from South Africa ($80.3M), Germany ($75.7M), South Korea ($22.1M), Belgium ($12.2M), and Italy ($5.45M).

Growth In January 2025, the decrease in Rhodium unwrought or in powder form's year-by-year exports was explained primarily by a decrease in exports to Italy ($-54.2M or -67.4%), Canada ($-45M or -82.4%), and Germany ($-34.8M or -60.5%). In January 2025, the increase in Rhodium unwrought or in powder form's year-by-year imports was explained primarily by an increase in imports from South Africa ($9.62M or 6.95%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2024 - January 2025)$-32.6M(-26%)

IMPORT GROWTH (January 2024 - January 2025)$3.5M(1.66%)

MAIN EXPORTER (January 2025)New Jersey$88.7M

MAIN DESTINATION (January 2025)Hong Kong$24.2M

This section shows Rhodium unwrought or in powder form'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 Rhodium unwrought or in powder form over time.

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