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2023
Exports $153MWorld Rnk 10 / 95
Flag Rnk 618 / 1217
2023
Destination $10.2M Japan
2022 - 2023
FASTEST GROWING MARKET $10.2MSouth Korea
2023
PRODUCT COMPLEXITY IN Sulfonamides1.11Rnk 142 / 1025
2023
Imports $1.72BWorld Rnk 1 / 175
Flag Rnk 254 / 1215
2023
Origin $19M Ireland
2022 - 2023
FASTEST GROWING ORIGIN $19MHungary
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $153M in Sulfonamides, making it the 10th largest exporter of Sulfonamides in the world. At the same year, Sulfonamides was the 618th most exported product in United States. The main destination of Sulfonamides exports from United States are: Japan ($38.6M), South Korea ($20.5M), Netherlands ($17.8M), Belgium ($14.4M), and Germany ($13M).

The fastest growing export markets for Sulfonamides of United States between 2022 and 2023 were South Korea ($10.2M), Netherlands ($4.7M), and Chinese Taipei ($3.19M).

Imports In 2023, United States imported $1.72B in Sulfonamides, becoming the 1st largest importer of Sulfonamides in the world. At the same year, Sulfonamides was the 254th most imported product in United States. United States imports Sulfonamides primarily from: Ireland ($924M), China ($238M), India ($206M), Singapore ($131M), and Switzerland ($62.1M).

The fastest growing import markets in Sulfonamides for United States between 2022 and 2023 were Hungary ($19M), Germany ($17.3M), and Switzerland ($10.7M).

COMPANIES In 2023, leading companies such as IKEA Group (10), Walmart (2), and Home Dynamix (1) were at the forefront of shipping Sulfonamides to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Sulfonamides exports accounted up to $5.52M and imports accounted up to $68.7M, resulting in a negative trade balance of $63.1M. Between November 2023 and November 2024 the exports of United States'   Sulfonamides have increased by $174k (3.25%) from $5.34M to $5.52M, while imports increased by $40.9M (148%) from $27.7M to $68.7M.

Destinations In November 2024, Sulfonamides were exported mostly to United Kingdom ($2.76M), Netherlands ($993k), Germany ($645k), India ($215k), and Mexico ($147k), and were imported mostly from Ireland ($28.1M), Singapore ($16.7M), India ($9.43M), China ($6.13M), and United Kingdom ($3.96M).

Growth In November 2024, the increase in Sulfonamides's year-by-year exports was explained primarily by an increase in exports to Netherlands ($25.9M or 858%), South Korea ($2.13M or 242%), and India ($1.27M or 1.48k%). In November 2024, the increase in Sulfonamides's year-by-year imports was explained primarily by an increase in imports from China ($16.9M or 62.4%), India ($2.82M or 16.2%), and Ireland ($2.6M or 15%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$174k(3.25%)
IMPORT GROWTH (November 2023 - November 2024)$40.9M(148%)
MAIN EXPORTER (November 2024)Puerto Rico$45.2M
MAIN DESTINATION (November 2024)United Kingdom$2.76M

This section shows Sulfonamides'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 Sulfonamides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$153M
IMPORTS (2023)$1.72B
NET TRADE (2023)-$1.56B

In 2023, United States exported $153M in Sulfonamides. The main destinations of United States exports on Sulfonamides were Japan ($38.6M), South Korea ($20.5M), Netherlands ($17.8M), Belgium ($14.4M), and Germany ($13M).

In 2023, United States imported $1.72B in Sulfonamides, mainly from Ireland ($924M), China ($238M), India ($206M), Singapore ($131M), and Switzerland ($62.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sulfonamides EXPORT MARKETS FOR United States WERE (2022 - 2023):
South Korea$10.2M (98.8%)
Netherlands$4.7M (35.9%)
Chinese Taipei$3.19M (74.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sulfonamides BY United States WERE (2022 - 2023):
Japan-$97.1M (-71.6%)
France-$57.3M (-93.6%)
Belgium-$12.2M (-45.8%)
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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 Sulfonamides were:
Ireland $2.15B
Switzerland $1.58B
China $819M
In 2023, United States's main importing competitors in Sulfonamides were:
Slovenia $1B
Germany $602M

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Trade Value of Sulfonamides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $8.21M
TOP IMPORT POTENTIALIndia+ $39.3M

Sulfonamides’s highest export potential is Canada. With an export gap of $8.21M.   Sulfonamides’s highest import potential is India with an import gap of $39.3M.

See methodology.

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