Phosphinates (hypophosphites) and phosphonates (phosphites) in United States

About

Exports In 2022, United States exported $385M in Phosphinates (hypophosphites) and phosphonates (phosphites), making it the 3rd largest exporter of Phosphinates (hypophosphites) and phosphonates (phosphites) in the world. At the same year, Phosphinates (hypophosphites) and phosphonates (phosphites) was the 454th most exported product in United States. The main destination of Phosphinates (hypophosphites) and phosphonates (phosphites) exports from United States are: Canada ($69.3M), Mexico ($48.5M), Germany ($23.9M), Singapore ($23.5M), and France ($19.6M).

The fastest growing export markets for Phosphinates (hypophosphites) and phosphonates (phosphites) of United States between 2021 and 2022 were Canada ($21.8M), Mexico ($14.4M), and France ($8.9M).

Imports In 2022, United States imported $559M in Phosphinates (hypophosphites) and phosphonates (phosphites), becoming the 1st largest importer of Phosphinates (hypophosphites) and phosphonates (phosphites) in the world. At the same year, Phosphinates (hypophosphites) and phosphonates (phosphites) was the 510th most imported product in United States. United States imports Phosphinates (hypophosphites) and phosphonates (phosphites) primarily from: China ($108M), Canada ($80.1M), Germany ($65M), Japan ($40.3M), and Thailand ($35.4M).

The fastest growing import markets in Phosphinates (hypophosphites) and phosphonates (phosphites) for United States between 2021 and 2022 were China ($35.5M), Russia ($28.5M), and Thailand ($15.2M).

COMPANIES In 2023, leading companies such as XEROX CORPORATION (9), PIRELLI TIRE LLC (4), and LEDVANCE LLC (3) were at the forefront of shipping Phosphinates (hypophosphites) and phosphonates (phosphites) to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Phosphinates (hypophosphites) and phosphonates (phosphites) exports accounted up to $22M and imports accounted up to $36.7M, resulting in a negative trade balance of $14.7M. Between February 2023 and February 2024 the exports of United States' Phosphinates (hypophosphites) and phosphonates (phosphites) have decreased by $-4.21M (-16.1%) from $26.2M to $22M, while imports decreased by $-6.64M (-15.3%) from $43.3M to $36.7M.

Destinations In February 2024, Phosphinates (hypophosphites) and phosphonates (phosphites) were exported mostly to Canada ($3.94M), Mexico ($3.64M), United Kingdom ($1.44M), Singapore ($1.29M), and Malaysia ($1.09M), and were imported mostly from China ($5.93M), Canada ($5.02M), Germany ($4.18M), Russia ($4.15M), and Belgium ($2.99M).

Growth In February 2024, the decrease in Phosphinates (hypophosphites) and phosphonates (phosphites)'s year-by-year exports was explained primarily by a decrease in exports to China ($-2.85M or -76.2%), South Korea ($-2.22M or -83.1%), and Guatemala ($-1.9M or -99.1%). In February 2024, the decrease in Phosphinates (hypophosphites) and phosphonates (phosphites)'s year-by-year imports was explained primarily by a decrease in imports from Russia ($-9.3M or -54%), Canada ($-2.6M or -33.2%), and China ($-1.05M or -8.57%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-4.21M(-16.1%)

IMPORT GROWTH (February 2023 - February 2024)$-6.64M(-15.3%)

MAIN EXPORTER (February 2024)Illinois$6.01M

MAIN DESTINATION (February 2024)Canada$3.94M

This section shows Phosphinates (hypophosphites) and phosphonates (phosphites)'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 Phosphinates (hypophosphites) and phosphonates (phosphites) over time.

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