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2022
Exports $181MWorld Rnk 8 / 79
Flag Rnk 1058 / 4632
2022
Destination $50.5M Mexico
2021 - 2022
FASTEST GROWING MARKET $50.5MMexico
2022
Imports $358MWorld Rnk 3 / 165
Flag Rnk 1095 / 4573
2022
Origin $164M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $164MSouth Korea
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $181M in Toluene, making it the 8th largest exporter of Toluene in the world. At the same year, Toluene was the 1058th most exported product in United States. The main destination of Toluene exports from United States are: Mexico ($101M), Canada ($43.1M), Guatemala ($9.37M), Belgium ($6.7M), and Dominican Republic ($4.1M).

The fastest growing export markets for Toluene of United States between 2021 and 2022 were Mexico ($50.5M), Belgium ($6.69M), and Canada ($3.55M).

Imports In 2022, United States imported $358M in Toluene, becoming the 3rd largest importer of Toluene in the world. At the same year, Toluene was the 1095th most imported product in United States. United States imports Toluene primarily from: South Korea ($164M), Chinese Taipei ($83.5M), Belgium ($33.4M), Spain ($29.9M), and Brazil ($16.3M).

The fastest growing import markets in Toluene for United States between 2021 and 2022 were South Korea ($164M), Spain ($29.9M), and Chinese Taipei ($15M).

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 Toluene to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Toluene exports accounted up to $8.12M and imports accounted up to $64.3M, resulting in a negative trade balance of $56.2M. Between June 2023 and June 2024 the exports of United States'   Toluene have decreased by $-346k (-4.09%) from $8.46M to $8.12M, while imports increased by $9.87M (18.2%) from $54.4M to $64.3M.

Destinations In June 2024, Toluene were exported mostly to Mexico ($7.03M), Guatemala ($529k), Canada ($301k), Costa Rica ($114k), and Peru ($34.2k), and were imported mostly from South Korea ($36.1M), Chinese Taipei ($16.7M), Brazil ($6.15M), Argentina ($5.23M), and China ($48.6k).

Growth In June 2024, the decrease in Toluene's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-3.73M or -46.5%), Canada ($-2.12M or -97.8%), and Dominican Republic ($-222k or -35.4%). In June 2024, the increase in Toluene's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($1.18M or 13.3%) and Canada ($259k or 154%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-346k(-4.09%)
IMPORT GROWTH (June 2023 - June 2024)$9.87M(18.2%)
MAIN EXPORTER (June 2024)Texas$15.6M
MAIN DESTINATION (June 2024)Mexico$7.03M

This section shows Toluene'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 Toluene over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$181M
IMPORTS (2022)$358M
NET TRADE (2022)-$177M

In 2022, United States exported $181M in Toluene. The main destinations of United States exports on Toluene were Mexico ($101M), Canada ($43.1M), Guatemala ($9.37M), Belgium ($6.7M), and Dominican Republic ($4.1M).

In 2022, United States imported $358M in Toluene, mainly from South Korea ($164M), Chinese Taipei ($83.5M), Belgium ($33.4M), Spain ($29.9M), and Brazil ($16.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Toluene EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$50.5M (101%)
Belgium$6.69M (84.5k%)
Canada$3.55M (8.99%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Toluene BY United States WERE (2021 - 2022):
Nigeria-$1.06M (-94%)
Ecuador-$808k (-53.1%)
Germany-$559k (-82.4%)
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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 Toluene were:
China $687M
South Korea $506M
Japan $293M
In 2022, United States's main importing competitors in Toluene were:
India $581M
South Korea $573M

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Trade Value of Toluene by Exporters

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