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2022
Exports $1.28BWorld Rnk 3 / 131
Flag Rnk 226 / 1217
2022
Destination $95M Mexico
2021 - 2022
FASTEST GROWING MARKET $95MMexico
2022
PRODUCT COMPLEXITY IN Unsaturated Acyclic Monocarboxylic Acids1.33Rnk 84 / 1025
2022
Imports $1.48BWorld Rnk 1 / 198
Flag Rnk 318 / 1216
2022
Origin $60.3M China
2021 - 2022
FASTEST GROWING ORIGIN $60.3MIndia
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.28B in Unsaturated Acyclic Monocarboxylic Acids, making it the 3rd largest exporter of Unsaturated Acyclic Monocarboxylic Acids in the world. At the same year, Unsaturated Acyclic Monocarboxylic Acids was the 226th most exported product in United States. The main destination of Unsaturated Acyclic Monocarboxylic Acids exports from United States are: Mexico ($343M), Belgium ($234M), Canada ($192M), Brazil ($62.4M), and South Korea ($44.2M).

The fastest growing export markets for Unsaturated Acyclic Monocarboxylic Acids of United States between 2021 and 2022 were Mexico ($95M), Canada ($27.1M), and Brazil ($21.1M).

Imports In 2022, United States imported $1.48B in Unsaturated Acyclic Monocarboxylic Acids, becoming the 1st largest importer of Unsaturated Acyclic Monocarboxylic Acids in the world. At the same year, Unsaturated Acyclic Monocarboxylic Acids was the 318th most imported product in United States. United States imports Unsaturated Acyclic Monocarboxylic Acids primarily from: China ($341M), Japan ($138M), India ($136M), Germany ($122M), and Chinese Taipei ($109M).

The fastest growing import markets in Unsaturated Acyclic Monocarboxylic Acids for United States between 2021 and 2022 were India ($60.3M), Belgium ($30.3M), and Malaysia ($17.2M).

COMPANIES In 2023, leading companies such as CrimsonLogic (139), Dow Chemical (28), and NOURYON FUNCTIONAL CHEMICALS LLC (16) were at the forefront of shipping Unsaturated Acyclic Monocarboxylic Acids to the United States.

Latest Trends

October 2024

About

Overview In October 2024 United States' Unsaturated Acyclic Monocarboxylic Acids exports accounted up to $75.1M and imports accounted up to $73.8M, resulting in a positive trade balance of $1.3M. Between October 2023 and October 2024 the exports of United States'   Unsaturated Acyclic Monocarboxylic Acids have decreased by $-3.44M (-4.38%) from $78.6M to $75.1M, while imports increased by $10.5M (16.5%) from $63.4M to $73.8M.

Destinations In October 2024, Unsaturated Acyclic Monocarboxylic Acids were exported mostly to Mexico ($15.5M), Belgium ($14.3M), Turkey ($10.9M), Canada ($8.98M), and Brazil ($4.68M), and were imported mostly from China ($15.8M), Germany ($9.43M), South Korea ($8.59M), Japan ($8.21M), and Singapore ($6.15M).

Growth In October 2024, the decrease in Unsaturated Acyclic Monocarboxylic Acids's year-by-year exports was explained primarily by a decrease in exports to Belgium ($-13.8M or -53.8%), Mexico ($-9.22M or -38%), and South Korea ($-4.16M or -57.9%). In October 2024, the increase in Unsaturated Acyclic Monocarboxylic Acids's year-by-year imports was explained primarily by an increase in imports from Malaysia ($4.97M or 2.97k%), Mexico ($3.24M or 594%), and Singapore ($1.85M or 6.95k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-3.44M(-4.38%)
IMPORT GROWTH (October 2023 - October 2024)$10.5M(16.5%)
MAIN EXPORTER (October 2024)Texas$46.6M
MAIN DESTINATION (October 2024)Mexico$15.5M

This section shows Unsaturated Acyclic Monocarboxylic Acids'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 Unsaturated Acyclic Monocarboxylic Acids over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.28B
IMPORTS (2022)$1.48B
NET TRADE (2022)-$201M

In 2022, United States exported $1.28B in Unsaturated Acyclic Monocarboxylic Acids. The main destinations of United States exports on Unsaturated Acyclic Monocarboxylic Acids were Mexico ($343M), Belgium ($234M), Canada ($192M), Brazil ($62.4M), and South Korea ($44.2M).

In 2022, United States imported $1.48B in Unsaturated Acyclic Monocarboxylic Acids, mainly from China ($341M), Japan ($138M), India ($136M), Germany ($122M), and Chinese Taipei ($109M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unsaturated Acyclic Monocarboxylic Acids EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$95M (38.4%)
Canada$27.1M (16.4%)
Brazil$21.1M (51.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unsaturated Acyclic Monocarboxylic Acids BY United States WERE (2021 - 2022):
Turkey-$20.7M (-45.4%)
South Korea-$8.27M (-15.8%)
Russia-$4.3M (-99.6%)
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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 Unsaturated Acyclic Monocarboxylic Acids were:
China $3.2B
Germany $1.32B
In 2022, United States's main importing competitors in Unsaturated Acyclic Monocarboxylic Acids were:
India $1.03B
Belgium $950M

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Trade Value of Unsaturated Acyclic Monocarboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $24.3M
TOP IMPORT POTENTIALChina+ $55.9M

Unsaturated Acyclic Monocarboxylic Acids’s highest export potential is India. With an export gap of $24.3M.   Unsaturated Acyclic Monocarboxylic Acids’s highest import potential is China with an import gap of $55.9M.

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