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2022
Exports $75.6MWorld Rnk 4 / 105
Flag Rnk 793 / 1217
2022
Destination $2.59M Canada
2021 - 2022
FASTEST GROWING MARKET $2.59MMexico
2022
PRODUCT COMPLEXITY IN Silicates-0.58Rnk 717 / 1025
2022
Imports $76.6MWorld Rnk 2 / 193
Flag Rnk 913 / 1216
2022
Origin $7.37M Canada
2021 - 2022
FASTEST GROWING ORIGIN $7.37MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $75.6M in Silicates, making it the 4th largest exporter of Silicates in the world. At the same year, Silicates was the 793rd most exported product in United States. The main destination of Silicates exports from United States are: Canada ($19.6M), Mexico ($12.2M), Netherlands ($4.48M), China ($3.22M), and Germany ($2.89M).

The fastest growing export markets for Silicates of United States between 2021 and 2022 were Mexico ($2.59M), United Kingdom ($896k), and Israel ($711k).

Imports In 2022, United States imported $76.6M in Silicates, becoming the 2nd largest importer of Silicates in the world. At the same year, Silicates was the 913th most imported product in United States. United States imports Silicates primarily from: Canada ($30.1M), Brazil ($17.3M), China ($8.55M), Netherlands ($4.35M), and Belgium ($4.05M).

The fastest growing import markets in Silicates for United States between 2021 and 2022 were China ($7.37M), France ($2.42M), and Netherlands ($1.66M).

COMPANIES In 2023, leading companies such as Samsung (52), LG Electronics (51), and Asus Computer (17) were at the forefront of shipping Silicates to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Silicates exports accounted up to $6.18M and imports accounted up to $6.24M, resulting in a negative trade balance of $57.5k. Between June 2023 and June 2024 the exports of United States'   Silicates have increased by $853k (16%) from $5.33M to $6.18M, while imports increased by $2.86M (84.6%) from $3.38M to $6.24M.

Destinations In June 2024, Silicates were exported mostly to Canada ($1.68M), Mexico ($946k), Singapore ($441k), China ($326k), and South Korea ($320k), and were imported mostly from Brazil ($3.57M), Canada ($579k), Mexico ($549k), India ($377k), and China ($337k).

Growth In June 2024, the increase in Silicates's year-by-year exports was explained primarily by an increase in exports to Canada ($388k or 27%), Mexico ($225k or 30.5%), and China ($133k or 97.8%). In June 2024, the increase in Silicates's year-by-year imports was explained primarily by an increase in imports from Canada ($915k or 48.9%), Japan ($17.5k or 31.9%), and Germany ($10.9k or 31.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$853k(16%)
IMPORT GROWTH (June 2023 - June 2024)$2.86M(84.6%)
MAIN EXPORTER (June 2024)Indiana$1.13M
MAIN DESTINATION (June 2024)Canada$1.68M

This section shows Silicates'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 Silicates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$75.6M
IMPORTS (2022)$76.6M
NET TRADE (2022)-$1.01M

In 2022, United States exported $75.6M in Silicates. The main destinations of United States exports on Silicates were Canada ($19.6M), Mexico ($12.2M), Netherlands ($4.48M), China ($3.22M), and Germany ($2.89M).

In 2022, United States imported $76.6M in Silicates, mainly from Canada ($30.1M), Brazil ($17.3M), China ($8.55M), Netherlands ($4.35M), and Belgium ($4.05M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicates EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$2.59M (27%)
United Kingdom$896k (112%)
Israel$711k (151%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicates BY United States WERE (2021 - 2022):
Germany-$1.75M (-37.8%)
Japan-$1.51M (-73.8%)
China-$1.33M (-29.2%)
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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 Silicates were:
China $226M
Poland $118M
Netherlands $79.9M
In 2022, United States's main importing competitors in Silicates were:
Germany $83M
Netherlands $61.9M

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Trade Value of Silicates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.01M
TOP IMPORT POTENTIALChina+ $3.8M

Silicates’s highest export potential is Germany. With an export gap of $1.01M.   Silicates’s highest import potential is China with an import gap of $3.8M.

See methodology.

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