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2022
Exports $25.2MWorld Rnk 10 / 109
Flag Rnk 955 / 1217
2022
Destination $14.6M Mexico
2021 - 2022
FASTEST GROWING MARKET $14.6MMexico
2022
PRODUCT COMPLEXITY IN Synthetic Tanning Extracts-0.0094Rnk 550 / 1025
2022
Imports $10.7MWorld Rnk 18 / 180
Flag Rnk 1112 / 1216
2022
Origin $1.09M France
2021 - 2022
FASTEST GROWING ORIGIN $1.09MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $25.2M in Synthetic Tanning Extracts, making it the 10th largest exporter of Synthetic Tanning Extracts in the world. At the same year, Synthetic Tanning Extracts was the 955th most exported product in United States. The main destination of Synthetic Tanning Extracts exports from United States are: Mexico ($15.6M), Indonesia ($1.6M), China ($796k), India ($620k), and Canada ($592k).

The fastest growing export markets for Synthetic Tanning Extracts of United States between 2021 and 2022 were Mexico ($14.6M), Indonesia ($762k), and Australia ($398k).

Imports In 2022, United States imported $10.7M in Synthetic Tanning Extracts, becoming the 18th largest importer of Synthetic Tanning Extracts in the world. At the same year, Synthetic Tanning Extracts was the 1112th most imported product in United States. United States imports Synthetic Tanning Extracts primarily from: France ($2.89M), South Africa ($1.64M), Mexico ($1.46M), Brazil ($794k), and Germany ($724k).

The fastest growing import markets in Synthetic Tanning Extracts for United States between 2021 and 2022 were Mexico ($1.09M), South Africa ($1.06M), and Turkey ($315k).

COMPANIES In 2023, leading companies such as Certified Origins (5), CrimsonLogic (2), and JBS Foods (1) were at the forefront of shipping Synthetic Tanning Extracts to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Synthetic Tanning Extracts exports accounted up to $1.01M and imports accounted up to $726k, resulting in a positive trade balance of $281k. Between June 2023 and June 2024 the exports of United States'   Synthetic Tanning Extracts have increased by $403k (66.8%) from $604k to $1.01M, while imports decreased by $-265k (-26.7%) from $990k to $726k.

Destinations In June 2024, Synthetic Tanning Extracts were exported mostly to Vietnam ($290k), China ($146k), Thailand ($122k), Hong Kong ($116k), and Indonesia ($85k), and were imported mostly from France ($260k), Mexico ($197k), Germany ($94.1k), Spain ($60.9k), and India ($42.3k).

Growth In June 2024, the increase in Synthetic Tanning Extracts's year-by-year exports was explained primarily by an increase in exports to Canada ($165k or 489%), China ($111k or 319%), and United Kingdom ($19.4k or 143%). In June 2024, the decrease in Synthetic Tanning Extracts's year-by-year imports was explained primarily by a decrease in imports from France ($-135k or -82.3%), Mexico ($-130k or -36.6%), and Italy ($-2.25k or -5.31%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$403k(66.8%)
IMPORT GROWTH (June 2023 - June 2024)$-265k(-26.7%)
MAIN EXPORTER (June 2024)New Hampshire$833k
MAIN DESTINATION (June 2024)Vietnam$290k

This section shows Synthetic Tanning Extracts'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 Synthetic Tanning Extracts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$25.2M
IMPORTS (2022)$10.7M
NET TRADE (2022)$14.5M

In 2022, United States exported $25.2M in Synthetic Tanning Extracts. The main destinations of United States exports on Synthetic Tanning Extracts were Mexico ($15.6M), Indonesia ($1.6M), China ($796k), India ($620k), and Canada ($592k).

In 2022, United States imported $10.7M in Synthetic Tanning Extracts, mainly from France ($2.89M), South Africa ($1.64M), Mexico ($1.46M), Brazil ($794k), and Germany ($724k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Tanning Extracts EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$14.6M (1.49k%)
Indonesia$762k (91.1%)
Australia$398k (703%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Tanning Extracts BY United States WERE (2021 - 2022):
Thailand-$704k (-76.7%)
Canada-$565k (-48.9%)
Brazil-$238k (-51.7%)
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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 Synthetic Tanning Extracts were:
Italy $123M
Germany $86.6M
Spain $66.2M
In 2022, United States's main importing competitors in Synthetic Tanning Extracts were:
China $86.5M
Italy $56.3M
Brazil $42.3M

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Trade Value of Synthetic Tanning Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $567k
TOP IMPORT POTENTIALSouth Africa+ $538k

Synthetic Tanning Extracts’s highest export potential is China. With an export gap of $567k.   Synthetic Tanning Extracts’s highest import potential is South Africa with an import gap of $538k.

See methodology.

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