Current year-to-date ( YTD ) data is through May 2020.

Imports: Borates

Borates, the No. 858 import by value totaled $7.94 million for the month of May, $29.92 million through May of 2020, and $72.37 million for all of 2019, the latest annual data available, according to U.S. Census Bureau data analyzed by WorldCity. Need more details? Read more

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Top Sources

RankCountryYTD
1Turkey$24.05 M
2India$1.29 M
3Austria$1.25 M
4China$705,182
5Italy$531,298
6Peru$529,691
7France$451,987
8Canada$272,717
9Slovenia$218,422
10Argentina$170,648
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U.S. imports of Borates increased 2.98 percent through May to $29.92 million

U.S. imports of Borates increased 2.98 percent from $29.05 million to $29.92 million through the first five months of 2020 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.

The category ranked 858 through May among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 890 for the last full year with a total value of $72.37 million, a $5.83 million, 8.76 percent increase from the 2018 total.

Through May of this year the leading sources were No. 1 Turkey, No. 2 India, No. 3 Austria, No. 4 China and No. 5 Italy. The leading gateways were No. 1 Port of Virginia, No. 2 Port of Savannah, Ga., No. 3 Port of Wilmington, Dela., No. 4 Port of Houston and No. 5 Port of Charleston.

In the last previous full year, the leading sources were No. 1 Turkey, No. 2 China, No. 3 Italy, No. 4 Slovenia and No. 5 Austria. The leading gateways were No. 1 Port of Virginia, No. 2 Port of Wilmington, Dela., No. 3 Port of Houston, No. 4 Port of Newark and No. 5 Port of Los Angeles.

Looking at specific airports, seaports and border crossings, the top five through through the first five months of the year were:

Highlights for the top five ports:

  • Port of Virginia fell 25.31 percent compared to last year to $11.37 million.
  • Port of Savannah, Ga. rose 115.74 percent compared to last year to $8.75 million.
  • Port of Wilmington, Dela. rose 28.04 percent compared to last year to $3.9 million.
  • Port of Houston fell 12.15 percent compared to last year to $1.73 million.
  • Port of Charleston rose 689.23 percent compared to last year to $1.37 million.

There are several hundred airports, seaports and border crossings that handle international trade; they are, in turn, part of the roughly four dozen U.S. Customs districts.

Highlights for the top five foreign markets:

  • U.S. imports from No. 1 Turkey increased $3 million, 14.24 percent, (80.39 percent market share).
  • U.S. imports from No. 2 India increased $581,562, 81.8 percent, (4.32 percent market share).
  • U.S. imports from No. 3 Austria increased $374,798, 42.59 percent, (4.19 percent market share).
  • U.S. imports from No. 4 China decreased $1.46 million, 67.45 percent, (2.36 percent market share).
  • U.S. imports from No. 5 Italy decreased $579,692, 52.18 percent, (1.78 percent market share).

All totaled, 93.04 percent of all these Borates imports to the United States were shipped from the top five markets through May of this year. That is equal to $27.84 million of the $29.92 million total.

All totaled, 90.63 percent of all these Borates imports to the United States were shipped to the top five Ports through May of this year. That is equal to $27.12 million of the $29.92 million total