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2022
Exports $202MWorld Rnk 1 / 89
Flag Rnk 587 / 1217
2022
Destination $23.3M China
2021 - 2022
FASTEST GROWING MARKET $23.3MChina
2022
Imports $18.8MWorld Rnk 7 / 171
Flag Rnk 1079 / 1216
2022
Origin $7.04M Turkey
2021 - 2022
FASTEST GROWING ORIGIN $7.04MTurkey
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $202M in Boron, making it the 1st largest exporter of Boron in the world. At the same year, Boron was the 587th most exported product in United States. The main destination of Boron exports from United States are: China ($77.6M), South Korea ($29.6M), Japan ($21.4M), Netherlands ($21.3M), and Chinese Taipei ($13.9M).

The fastest growing export markets for Boron of United States between 2021 and 2022 were China ($23.3M), Netherlands ($5.57M), and Japan ($2.84M).

Imports In 2022, United States imported $18.8M in Boron, becoming the 7th largest importer of Boron in the world. At the same year, Boron was the 1079th most imported product in United States. United States imports Boron primarily from: Turkey ($8.26M), Italy ($2.66M), France ($2.36M), Peru ($1.58M), and Canada ($1.24M).

The fastest growing import markets in Boron for United States between 2021 and 2022 were Turkey ($7.04M), Canada ($993k), and Italy ($473k).

Latest Trends

August 2024

About

Overview In August 2024 United States' Boron exports accounted up to $12.1M and imports accounted up to $3.23M, resulting in a positive trade balance of $8.9M. Between August 2023 and August 2024 the exports of United States'   Boron have decreased by $-10.4M (-46.1%) from $22.5M to $12.1M, while imports increased by $2.2M (214%) from $1.03M to $3.23M.

Destinations In August 2024, Boron were exported mostly to China ($4.62M), South Korea ($2.36M), Chinese Taipei ($1.35M), Brazil ($538k), and Japan ($440k), and were imported mostly from Turkey ($2.42M), Italy ($335k), Peru ($213k), Chile ($108k), and China ($106k).

Growth In August 2024, the decrease in Boron's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-3.83M or -98.5%), South Korea ($-2.31M or -56.4%), and Malaysia ($-834k or -88.7%). In August 2024, the increase in Boron's year-by-year imports was explained primarily by an increase in imports from Turkey ($3.56M or 577%) and Italy ($130k or 78.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-10.4M(-46.1%)
IMPORT GROWTH (August 2023 - August 2024)$2.2M(214%)
MAIN EXPORTER (August 2024)California$19.2M
MAIN DESTINATION (August 2024)China$4.62M

This section shows Boron'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 Boron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$202M
IMPORTS (2022)$18.8M
NET TRADE (2022)$183M

In 2022, United States exported $202M in Boron. The main destinations of United States exports on Boron were China ($77.6M), South Korea ($29.6M), Japan ($21.4M), Netherlands ($21.3M), and Chinese Taipei ($13.9M).

In 2022, United States imported $18.8M in Boron, mainly from Turkey ($8.26M), Italy ($2.66M), France ($2.36M), Peru ($1.58M), and Canada ($1.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Boron EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$23.3M (42.8%)
Netherlands$5.57M (35.3%)
Japan$2.84M (15.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Boron BY United States WERE (2021 - 2022):
Chinese Taipei-$8.61M (-38.3%)
Morocco-$3.4M (-74.8%)
Poland-$980k (-87.4%)
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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 Boron were:
Turkey $194M
Chile $83.6M
In 2022, United States's main importing competitors in Boron were:
China $262M
Brazil $54.5M
South Korea $37.3M

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Trade Value of Boron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $1.62M
TOP IMPORT POTENTIALTurkey+ $766k

Boron’s highest export potential is Canada. With an export gap of $1.62M.   Boron’s highest import potential is Turkey with an import gap of $766k.

See methodology.

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