Tar in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $62.1M in Tar, making it the 3rd largest exporter of Tar in the world. At the same year, Tar was the 830th most exported product in United States. The main destination of Tar exports from United States are: Canada ($61.5M), Chile ($226k), Mexico ($132k), United Kingdom ($82.2k), and Bahamas ($40.5k).

The fastest growing export markets for Tar of United States between 2021 and 2022 were Canada ($10.6M), Mexico ($91.5k), and United Kingdom ($82.2k).

Imports In 2022, United States imported $16.6M in Tar, becoming the 11th largest importer of Tar in the world. At the same year, Tar was the 1091st most imported product in United States. United States imports Tar primarily from: Canada ($10.1M), Mexico ($1.75M), France ($1.51M), Denmark ($1.34M), and India ($562k).

The fastest growing import markets in Tar for United States between 2021 and 2022 were Canada ($1.46M), Mexico ($632k), and Colombia ($271k).

COMPANIES In 2023, leading companies such as WISMETTAC ASIAN FOODS,INC. (6) were at the forefront of shipping Tar to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Tar exports accounted up to $7.21M and imports accounted up to $623k, resulting in a positive trade balance of $6.59M. Between February 2023 and February 2024 the exports of United States' Tar have increased by $1.21M (20.1%) from $6.01M to $7.21M, while imports decreased by $-34.6k (-5.26%) from $658k to $623k.

Destinations In February 2024, Tar were exported mostly to Canada ($7.09M), Mexico ($119k), Hong Kong ($0), and Slovakia ($0), and were imported mostly from Canada ($478k) and Colombia ($145k).

Growth In February 2024, the increase in Tar's year-by-year exports was explained primarily by an increase in exports to Canada ($1.8M or 42.9%). In February 2024, the decrease in Tar's year-by-year imports was explained primarily by a decrease in imports from Mexico ($-359k or -91.6%) and India ($-540 or -2.56%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$1.21M(20.1%)

IMPORT GROWTH (February 2023 - February 2024)$-34.6k(-5.26%)

MAIN EXPORTER (February 2024)Pennsylvania$6.19M

MAIN DESTINATION (February 2024)Canada$7.09M

This section shows Tar'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 Tar over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$62.1M

IMPORTS (2022)$16.6M

NET TRADE (2022)$45.5M

In 2022, United States exported $62.1M in Tar. The main destinations of United States exports on Tar were Canada ($61.5M), Chile ($226k), Mexico ($132k), United Kingdom ($82.2k), and Bahamas ($40.5k).

In 2022, United States imported $16.6M in Tar, mainly from Canada ($10.1M), Mexico ($1.75M), France ($1.51M), Denmark ($1.34M), and India ($562k).

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