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2022
Exports $399MWorld Rnk 6 / 123
Flag Rnk 445 / 1217
2022
Destination $41.9M Canada
2021 - 2022
FASTEST GROWING MARKET $41.9MMexico
2022
PRODUCT COMPLEXITY IN Carbon0.21Rnk 483 / 1025
2022
Imports $449MWorld Rnk 4 / 180
Flag Rnk 569 / 1216
2022
Origin $52.8M Canada
2021 - 2022
FASTEST GROWING ORIGIN $52.8MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $399M in Carbon, making it the 6th largest exporter of Carbon in the world. At the same year, Carbon was the 445th most exported product in United States. The main destination of Carbon exports from United States are: Canada ($105M), Mexico ($90.6M), China ($36.5M), Japan ($26.3M), and Germany ($26.1M).

The fastest growing export markets for Carbon of United States between 2021 and 2022 were Mexico ($41.9M), Canada ($37M), and Germany ($9.94M).

Imports In 2022, United States imported $449M in Carbon, becoming the 4th largest importer of Carbon in the world. At the same year, Carbon was the 569th most imported product in United States. United States imports Carbon primarily from: Canada ($211M), Mexico ($37M), Japan ($29.6M), Russia ($28.3M), and China ($28.2M).

The fastest growing import markets in Carbon for United States between 2021 and 2022 were Canada ($52.8M), China ($26.1M), and India ($12.8M).

COMPANIES In 2023, leading companies such as NOURYON FUNCTIONAL CHEMICALS LLC (49), Dow Chemical (13), and LG Electronics (8) were at the forefront of shipping Carbon to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Carbon exports accounted up to $34.8M and imports accounted up to $34.8M, resulting in a positive trade balance of $33.8k. Between August 2023 and August 2024 the exports of United States'   Carbon have increased by $6.13M (21.4%) from $28.7M to $34.8M, while imports increased by $1.38M (4.12%) from $33.4M to $34.8M.

Destinations In August 2024, Carbon were exported mostly to Canada ($11.3M), Mexico ($10.7M), Belgium ($2.39M), Japan ($2.12M), and Switzerland ($2.04M), and were imported mostly from Canada ($14.6M), India ($4.47M), Mexico ($3.63M), Germany ($2.72M), and Singapore ($2.25M).

Growth In August 2024, the increase in Carbon's year-by-year exports was explained primarily by an increase in exports to Brazil ($1.54M or 214%), Canada ($1.54M or 20.9%), and Japan ($1.38M or 107%). In August 2024, the increase in Carbon's year-by-year imports was explained primarily by an increase in imports from Canada ($7.11M or 55.3%), China ($3.67M or 1.13k%), and Singapore ($1.79M or 733%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$6.13M(21.4%)
IMPORT GROWTH (August 2023 - August 2024)$1.38M(4.12%)
MAIN EXPORTER (August 2024)Texas$15.8M
MAIN DESTINATION (August 2024)Canada$11.3M

This section shows Carbon'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 Carbon over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$399M
IMPORTS (2022)$449M
NET TRADE (2022)-$49.9M

In 2022, United States exported $399M in Carbon. The main destinations of United States exports on Carbon were Canada ($105M), Mexico ($90.6M), China ($36.5M), Japan ($26.3M), and Germany ($26.1M).

In 2022, United States imported $449M in Carbon, mainly from Canada ($211M), Mexico ($37M), Japan ($29.6M), Russia ($28.3M), and China ($28.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carbon EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$41.9M (86.1%)
Canada$37M (54.7%)
Germany$9.94M (61.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbon BY United States WERE (2021 - 2022):
Belgium-$10.6M (-35.5%)
China-$10.4M (-22.1%)
Japan-$2.74M (-9.46%)
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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 Carbon were:
China $1.45B
Russia $961M
Germany $527M
In 2022, United States's main importing competitors in Carbon were:
Poland $714M
Germany $546M
Thailand $531M

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Trade Value of Carbon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $8.04M
TOP IMPORT POTENTIALChina+ $22.7M

Carbon’s highest export potential is China. With an export gap of $8.04M.   Carbon’s highest import potential is China with an import gap of $22.7M.

See methodology.

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