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2022
Exports $2.79BWorld Rnk 3 / 110
Flag Rnk 118 / 1217
2022
Destination $295M Italy
2021 - 2022
FASTEST GROWING MARKET $295MItaly
2022
PRODUCT COMPLEXITY IN Hormones0.61Rnk 317 / 1025
2022
Imports $6.4BWorld Rnk 1 / 188
Flag Rnk 98 / 1216
2022
Origin $972M Ireland
2021 - 2022
FASTEST GROWING ORIGIN $972MIreland
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $2.79B in Hormones, making it the 3rd largest exporter of Hormones in the world. At the same year, Hormones was the 118th most exported product in United States. The main destination of Hormones exports from United States are: Italy ($1.27B), Austria ($623M), France ($336M), Spain ($107M), and Belgium ($104M).

The fastest growing export markets for Hormones of United States between 2021 and 2022 were Italy ($295M), Austria ($261M), and Spain ($39.9M).

Imports In 2022, United States imported $6.4B in Hormones, becoming the 1st largest importer of Hormones in the world. At the same year, Hormones was the 98th most imported product in United States. United States imports Hormones primarily from: Ireland ($4.93B), Germany ($366M), Argentina ($274M), United Kingdom ($223M), and Denmark ($147M).

The fastest growing import markets in Hormones for United States between 2021 and 2022 were Ireland ($972M), Germany ($197M), and Argentina ($98.7M).

COMPANIES In 2023, leading companies such as CLOUD NETWORK TECHNOLOGY USA INC. (1) and CINMAR LLC (1) were at the forefront of shipping Hormones to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Hormones exports accounted up to $904M and imports accounted up to $533M, resulting in a positive trade balance of $371M. Between February 2023 and February 2024 the exports of United States'   Hormones have increased by $379M (72.1%) from $525M to $904M, while imports decreased by $-53.9M (-9.18%) from $587M to $533M.

Destinations In February 2024, Hormones were exported mostly to Italy ($626M), China ($207M), France ($31.7M), Denmark ($18.3M), and Spain ($6.9M), and were imported mostly from Ireland ($466M), Denmark ($22.3M), China ($18.6M), France ($4.52M), and Spain ($3.79M).

Growth In February 2024, the increase in Hormones's year-by-year exports was explained primarily by an increase in exports to Germany ($290M or 11.3k%), Austria ($265M or 3.52M%), and Italy ($131M or 260%). In February 2024, the decrease in Hormones's year-by-year imports was explained primarily by a decrease in imports from Ireland ($-574M or -84.6%), Singapore ($-144M or -99.6%), and Italy ($-26.8M or -30%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$379M(72.1%)
IMPORT GROWTH (February 2023 - February 2024)$-53.9M(-9.18%)
MAIN EXPORTER (February 2024)Indiana$864M
MAIN DESTINATION (February 2024)Italy$626M

This section shows Hormones'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 Hormones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.79B
IMPORTS (2022)$6.4B
NET TRADE (2022)-$3.6B

In 2022, United States exported $2.79B in Hormones. The main destinations of United States exports on Hormones were Italy ($1.27B), Austria ($623M), France ($336M), Spain ($107M), and Belgium ($104M).

In 2022, United States imported $6.4B in Hormones, mainly from Ireland ($4.93B), Germany ($366M), Argentina ($274M), United Kingdom ($223M), and Denmark ($147M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hormones EXPORT MARKETS FOR United States WERE (2021 - 2022):
Italy$295M (30.3%)
Austria$261M (72.2%)
Spain$39.9M (59.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hormones BY United States WERE (2021 - 2022):
Belgium-$162M (-60.9%)
Egypt-$9.92M (-50.2%)
Germany-$8.01M (-7.24%)
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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 Hormones were:
Ireland $7.02B
Switzerland $2.8B
In 2022, United States's main importing competitors in Hormones were:
Austria $2.81B
Italy $2.73B

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Trade Value of Hormones by Exporters

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