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2022
Exports $27.3MWorld Rnk 6 / 77
Flag Rnk 942 / 1217
2022
Destination $4.44M Germany
2021 - 2022
FASTEST GROWING MARKET $4.44MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Diazo, Azo or Aoxy Compounds1.03Rnk 161 / 1025
2022
Imports $79.9MWorld Rnk 1 / 160
Flag Rnk 911 / 1216
2022
Origin $5.63M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $5.63MSouth Korea
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $27.3M in Diazo, Azo or Aoxy Compounds, making it the 6th largest exporter of Diazo, Azo or Aoxy Compounds in the world. At the same year, Diazo, Azo or Aoxy Compounds was the 942nd most exported product in United States. The main destination of Diazo, Azo or Aoxy Compounds exports from United States are: Germany ($7.99M), United Kingdom ($4.67M), South Korea ($4.65M), Japan ($2.56M), and Mexico ($2.2M).

The fastest growing export markets for Diazo, Azo or Aoxy Compounds of United States between 2021 and 2022 were United Kingdom ($4.44M), Germany ($2.18M), and Mexico ($1.5M).

Imports In 2022, United States imported $79.9M in Diazo, Azo or Aoxy Compounds, becoming the 1st largest importer of Diazo, Azo or Aoxy Compounds in the world. At the same year, Diazo, Azo or Aoxy Compounds was the 911th most imported product in United States. United States imports Diazo, Azo or Aoxy Compounds primarily from: South Korea ($13.3M), China ($12.4M), Mexico ($11.9M), Japan ($11.5M), and Indonesia ($10.4M).

The fastest growing import markets in Diazo, Azo or Aoxy Compounds for United States between 2021 and 2022 were South Korea ($5.63M), Mexico ($3.61M), and Indonesia ($1.46M).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (3), Walmart (2), and NOURYON FUNCTIONAL CHEMICALS LLC (2) were at the forefront of shipping Diazo, Azo or Aoxy Compounds to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Diazo, Azo or Aoxy Compounds exports accounted up to $1.55M and imports accounted up to $4.03M, resulting in a negative trade balance of $2.48M. Between June 2023 and June 2024 the exports of United States'   Diazo, Azo or Aoxy Compounds have increased by $31k (2.04%) from $1.52M to $1.55M, while imports increased by $994k (32.7%) from $3.04M to $4.03M.

Destinations In June 2024, Diazo, Azo or Aoxy Compounds were exported mostly to Belgium ($803k), Germany ($364k), Canada ($262k), Singapore ($57.2k), and Mexico ($27.7k), and were imported mostly from Japan ($1.04M), Indonesia ($824k), China ($657k), India ($446k), and Mexico ($435k).

Growth In June 2024, the increase in Diazo, Azo or Aoxy Compounds's year-by-year exports was explained primarily by an increase in exports to Belgium ($454k or 527%), Canada ($138k or 65.7%), and Japan ($4.22k or 41.3%). In June 2024, the increase in Diazo, Azo or Aoxy Compounds's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($491k or 128%), Mexico ($428k or 60.8%), and South Korea ($245k or 37.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$31k(2.04%)
IMPORT GROWTH (June 2023 - June 2024)$994k(32.7%)
MAIN EXPORTER (June 2024)Virginia$1.15M
MAIN DESTINATION (June 2024)Belgium$803k

This section shows Diazo, Azo or Aoxy Compounds'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 Diazo, Azo or Aoxy Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$27.3M
IMPORTS (2022)$79.9M
NET TRADE (2022)-$52.5M

In 2022, United States exported $27.3M in Diazo, Azo or Aoxy Compounds. The main destinations of United States exports on Diazo, Azo or Aoxy Compounds were Germany ($7.99M), United Kingdom ($4.67M), South Korea ($4.65M), Japan ($2.56M), and Mexico ($2.2M).

In 2022, United States imported $79.9M in Diazo, Azo or Aoxy Compounds, mainly from South Korea ($13.3M), China ($12.4M), Mexico ($11.9M), Japan ($11.5M), and Indonesia ($10.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Diazo, Azo or Aoxy Compounds EXPORT MARKETS FOR United States WERE (2021 - 2022):
United Kingdom$4.44M (1.89k%)
Germany$2.18M (37.6%)
Mexico$1.5M (211%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diazo, Azo or Aoxy Compounds BY United States WERE (2021 - 2022):
Canada-$1.92M (-79.8%)
Austria-$1.13M (-99.9%)
Belgium-$757k (-26%)
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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 Diazo, Azo or Aoxy Compounds were:
China $307M
India $85.1M
Indonesia $82.1M
In 2022, United States's main importing competitors in Diazo, Azo or Aoxy Compounds were:
South Korea $75.3M
Germany $61.3M

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Trade Value of Diazo, Azo or Aoxy Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $459k
TOP IMPORT POTENTIALChina+ $4.79M

Diazo, Azo or Aoxy Compounds’s highest export potential is Canada. With an export gap of $459k.   Diazo, Azo or Aoxy Compounds’s highest import potential is China with an import gap of $4.79M.

See methodology.

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