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Pricing

2022
Exports | Imports $5.55B | $2.31BWorld Rnk 1 / 147
Flag Rnk 63 / 1217
World Rnk 2 / 210
Flag Rnk 218 / 1216
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $89.9M | $125MGermany |  Canada
2022
ECONOMIC COMPLEXITY of United States1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Reaction and Catalytic Products0.64Rnk 314 / 1025

About

Exports In 2022, United States exported $5.55B in Reaction and Catalytic Products, making it the 1st largest exporter of Reaction and Catalytic Products in the world. At the same year, Reaction and Catalytic Products was the 63rd most exported product in United States. The main destination of Reaction and Catalytic Products exports from United States are: Mexico ($1.56B), China ($673M), South Korea ($412M), Canada ($402M), and Saudi Arabia ($212M).

The fastest growing export markets for Reaction and Catalytic Products of United States between 2021 and 2022 were Germany ($89.9M), China ($78.2M), and Nigeria ($56.8M).

Imports In 2022, United States imported $2.31B in Reaction and Catalytic Products, becoming the 2nd largest importer of Reaction and Catalytic Products in the world. At the same year, Reaction and Catalytic Products was the 218th most imported product in United States. United States imports Reaction and Catalytic Products primarily from: Canada ($919M), Germany ($265M), Japan ($259M), China ($121M), and South Africa ($111M).

The fastest growing import markets in Reaction and Catalytic Products for United States between 2021 and 2022 were Canada ($125M), Germany ($41.6M), and Japan ($36.9M).

COMPANIES In 2023, leading companies such as BSH HOME APPLIANCES CORPORATION (377), IKEA SUPPLY AG (222), and VOLKSWAGEN GROUP OF AMERICA (82) were at the forefront of shipping Reaction and Catalytic Products to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Reaction and Catalytic Products exports accounted up to $372M and imports accounted up to $138M, resulting in a positive trade balance of $235M. Between January 2023 and January 2024 the exports of United States'   Reaction and Catalytic Products have decreased by $-26.7M (-6.69%) from $399M to $372M, while imports decreased by $-78.1M (-36.2%) from $216M to $138M.

Destinations In January 2024, Reaction and Catalytic Products were exported mostly to Mexico ($95.6M), South Korea ($57.7M), China ($33.2M), Saudi Arabia ($25.8M), and Canada ($25.6M), and were imported mostly from Canada ($40.7M), Germany ($26.4M), Japan ($16.5M), France ($10.1M), and South Africa ($6.6M).

Growth In January 2024, the decrease in Reaction and Catalytic Products's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-14.4M or -78.3%), Germany ($-12.4M or -59.1%), and China ($-5.44M or -11.1%). In January 2024, the decrease in Reaction and Catalytic Products's year-by-year imports was explained primarily by a decrease in imports from Denmark ($-6.35M or -52%), United Kingdom ($-2.32M or -37.7%), and Japan ($-1.51M or -10.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$-26.7M(-6.69%)
IMPORT GROWTH (January 2023 - January 2024)$-78.1M(-36.2%)
MAIN EXPORTER (January 2024)Texas$84M
MAIN DESTINATION (January 2024)Mexico$95.6M

This section shows Reaction and Catalytic Products'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 Reaction and Catalytic Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.55B
IMPORTS (2022)$2.31B
NET TRADE (2022)$3.24B

In 2022, United States exported $5.55B in Reaction and Catalytic Products. The main destinations of United States exports on Reaction and Catalytic Products were Mexico ($1.56B), China ($673M), South Korea ($412M), Canada ($402M), and Saudi Arabia ($212M).

In 2022, United States imported $2.31B in Reaction and Catalytic Products, mainly from Canada ($919M), Germany ($265M), Japan ($259M), China ($121M), and South Africa ($111M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Reaction and Catalytic Products EXPORT MARKETS FOR United States WERE (2021 - 2022):
Germany$89.9M (89.1%)
China$78.2M (13.2%)
Nigeria$56.8M (356%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Reaction and Catalytic Products BY United States WERE (2021 - 2022):
Mexico-$81M (-4.94%)
Russia-$45.9M (-70.7%)
Egypt-$27.9M (-47.9%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Reaction and Catalytic Products were:
Germany $4.5B
North Macedonia $2.64B
In 2022, United States's main importing competitors in Reaction and Catalytic Products were:
Germany $5.42B
China $1.92B

Explore Visualizations

Trade Value of Reaction and Catalytic Products by Exporters

Keep Exploring

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