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2022
Exports $57.4MWorld Rnk 1 / 72
Flag Rnk 836 / 1217
2022
Destination $23.3M Sweden
2021 - 2022
FASTEST GROWING MARKET $23.3MSweden
2022
Imports $1.22MWorld Rnk 16 / 147
Flag Rnk 1196 / 1216
2022
Origin $88.6k Canada
2021 - 2022
FASTEST GROWING ORIGIN $88.6kNetherlands
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $57.4M in Wood Tar, Oils and Pitch, making it the 1st largest exporter of Wood Tar, Oils and Pitch in the world. At the same year, Wood Tar, Oils and Pitch was the 836th most exported product in United States. The main destination of Wood Tar, Oils and Pitch exports from United States are: Sweden ($44.6M), Canada ($4.75M), China ($2.89M), Japan ($1.93M), and Turkey ($1.37M).

The fastest growing export markets for Wood Tar, Oils and Pitch of United States between 2021 and 2022 were Sweden ($23.3M), Japan ($1.39M), and Canada ($797k).

Imports In 2022, United States imported $1.22M in Wood Tar, Oils and Pitch, becoming the 16th largest importer of Wood Tar, Oils and Pitch in the world. At the same year, Wood Tar, Oils and Pitch was the 1196th most imported product in United States. United States imports Wood Tar, Oils and Pitch primarily from: Canada ($878k), Sweden ($117k), Netherlands ($97.8k), Germany ($36.2k), and Finland ($30.5k).

The fastest growing import markets in Wood Tar, Oils and Pitch for United States between 2021 and 2022 were Netherlands ($88.6k), Finland ($30.3k), and Chinese Taipei ($6.04k).

COMPANIES In 2023, leading companies such as Chevron (2), At Home Procurement (1), and Walmart (1) were at the forefront of shipping Wood Tar, Oils and Pitch to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Wood Tar, Oils and Pitch exports accounted up to $3.35M and imports accounted up to $90.3k, resulting in a positive trade balance of $3.26M. Between June 2023 and June 2024 the exports of United States'   Wood Tar, Oils and Pitch have decreased by $-1.33M (-28.4%) from $4.68M to $3.35M, while imports decreased by $-8.38k (-8.49%) from $98.7k to $90.3k.

Destinations In June 2024, Wood Tar, Oils and Pitch were exported mostly to Sweden ($2.53M), Canada ($495k), Turkey ($214k), China ($99.2k), and Singapore ($10.6k), and were imported mostly from Sweden ($67.9k), Canada ($22.5k), China ($0), Turkey ($0), and Spain ($0).

Growth In June 2024, the decrease in Wood Tar, Oils and Pitch's year-by-year exports was explained primarily by a decrease in exports to Sweden ($-1.31M or -31.5%) and Jamaica ($-30.8k or -49.6%). In June 2024, the decrease in Wood Tar, Oils and Pitch's year-by-year imports was explained primarily by a decrease in imports from Canada ($-46.4k or -45.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-1.33M(-28.4%)
IMPORT GROWTH (June 2023 - June 2024)$-8.38k(-8.49%)
MAIN EXPORTER (June 2024)Georgia$3.59M
MAIN DESTINATION (June 2024)Sweden$2.53M

This section shows Wood Tar, Oils and Pitch'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 Wood Tar, Oils and Pitch over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$57.4M
IMPORTS (2022)$1.22M
NET TRADE (2022)$56.2M

In 2022, United States exported $57.4M in Wood Tar, Oils and Pitch. The main destinations of United States exports on Wood Tar, Oils and Pitch were Sweden ($44.6M), Canada ($4.75M), China ($2.89M), Japan ($1.93M), and Turkey ($1.37M).

In 2022, United States imported $1.22M in Wood Tar, Oils and Pitch, mainly from Canada ($878k), Sweden ($117k), Netherlands ($97.8k), Germany ($36.2k), and Finland ($30.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Tar, Oils and Pitch EXPORT MARKETS FOR United States WERE (2021 - 2022):
Sweden$23.3M (109%)
Japan$1.39M (262%)
Canada$797k (20.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Tar, Oils and Pitch BY United States WERE (2021 - 2022):
Indonesia-$3.02M (-99.5%)
Finland-$1.21M (-100%)
China-$296k (-9.3%)
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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 Wood Tar, Oils and Pitch were:
Finland $25.9M
Netherlands $23.5M
In 2022, United States's main importing competitors in Wood Tar, Oils and Pitch were:
Sweden $96.7M
Spain $8.3M
Philippines $5.16M

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Trade Value of Wood Tar, Oils and Pitch by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $82.6k
TOP IMPORT POTENTIALNetherlands+ $63.5k

Wood Tar, Oils and Pitch’s highest export potential is Canada. With an export gap of $82.6k.   Wood Tar, Oils and Pitch’s highest import potential is Netherlands with an import gap of $63.5k.

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