Imports: Natural borate, boric acid
U.S. imports of Natural borate, boric acid increased 10.82 percent through August to $18.38 million.
Top Sources
| Rank | Country | YTD |
|---|---|---|
| 1 | Bolivia | $8.59 M |
| 2 | Turkey | $6.8 M |
| 3 | Argentina | $1.33 M |
| 4 | Peru | $1.17 M |
| 5 | Chile | $314,178 |
| 6 | Malaysia | $114,576 |
| 7 | Canada | $45,610 |
| 8 | China | $13,800 |
| 9 | Mexico | $0 |
| 10 | Egypt | $0 |
Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Port of Virginia | $8.85 M |
| 2 | Port of Houston | $1.97 M |
| 3 | Port of Seattle, WA | $1.71 M |
| 4 | Port of Savannah, GA | $1.48 M |
| 5 | Port of Philadelphia | $954,386 |
| 6 | Port of Jacksonville, FL | $789,962 |
| 7 | Port of New Orleans | $615,298 |
| 8 | Port of Charleston | $486,690 |
| 9 | Port of Wilmington, DE | $376,200 |
| 10 | Port of Wilmington, NC | $361,213 |
Top markets Natural borate, boric acid
Total:
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Natural borate, boric acid by port
Total:
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U.S. imports of Natural borate, boric acid increased 10.82 percent through August to $18.38 million
The category ranked 1029 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 1055 for the last full year with a total value of $22.6 million, a $7.24 million, 47.12 percent increase from the 2023 total.
Through August of this year the leading sources were No. 1 Bolivia, No. 2 Turkey, No. 3 Argentina, No. 4 Peru and No. 5 Chile. The leading sources were No. 1 Port of Virginia, No. 2 Port of Houston, No. 3 Port of Seattle, WA, No. 4 Port of Savannah, GA and No. 5 Port of Philadelphia.
In the last previous full year, the leading sources were No. 1 Bolivia, No. 2 Turkey, No. 3 Argentina, No. 4 Peru and No. 5 Canada. The leading sources were No. 1 Port of Virginia, No. 2 Port of Seattle, WA, No. 3 Port of Savannah, GA, No. 4 Port of Jacksonville, FL and No. 5 Port of New Orleans.
Looking at specific airports, seaports and border crossings, the top five through the first eight months of the year were:
Highlights for the top five ports:
- Port of Virginia rose 14.76 percent compared to last year to $8.85 million.
- Port of Houston rose 184.78 percent compared to last year to $1.97 million.
- Port of Seattle, WA fell 7.17 percent compared to last year to $1.71 million.
- Port of Savannah, GA fell 40.83 percent compared to last year to $1.48 million.
- Port of Philadelphia rose 521.77 percent compared to last year to $954,386.
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 sources:
- U.S. imports from No. 1 Bolivia decreased $192,497, 2.19 percent, (46.73 percent market share).
- U.S. imports from No. 2 Turkey increased $1.54 million, 29.18 percent, (37 percent market share).
- U.S. imports from No. 3 Argentina decreased $474,670, 26.25 percent, (7.25 percent market share).
- U.S. imports from No. 4 Peru increased $594,291, 103.03 percent, (6.37 percent market share).
- U.S. imports from No. 5 Chile increased $314,178, 0 percent, (1.71 percent market share).
All totaled, 99.05 percent of all these Natural borate, boric acid imports to the United States were shipped from the top five sources through August of this year. That is equal to $18.21 million of the $18.38 million total.
All totaled, 81.41 percent of all these Natural borate, boric acid imports to the United States were shipped to the top five Ports through August of this year. That is equal to $14.97 million of the $18.38 million total.