2022
Exports | Imports
$33.1B | $26BWorld Rnk 2 / 216
Flag Rnk 12 / 1217
World Rnk 2 / 225
Flag Rnk 16 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.86Rnk 8 / 1025

About

Exports In 2022, United States exported $33.1B in Machinery Having Individual Functions, making it the 2nd largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 12th most exported product in United States. The main destination of Machinery Having Individual Functions exports from United States are: South Korea ($5.83B), China ($5.7B), Chinese Taipei ($4.55B), Singapore ($2.87B), and Japan ($2.45B).

The fastest growing export markets for Machinery Having Individual Functions of United States between 2021 and 2022 were South Korea ($3.91B), China ($3.87B), and Chinese Taipei ($3.21B).

Imports In 2022, United States imported $26B in Machinery Having Individual Functions, becoming the 2nd largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 16th most imported product in United States. United States imports Machinery Having Individual Functions primarily from: Japan ($5.82B), Germany ($3.17B), China ($2.25B), Netherlands ($1.9B), and Singapore ($1.88B).

The fastest growing import markets in Machinery Having Individual Functions for United States between 2021 and 2022 were Japan ($2.94B), Singapore ($1.39B), and Netherlands ($907M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (75.8k), SAMSUNG ELECTRONICS AMERICA (7.94k), and AMAZON SERVICES LLC (7.31k) were at the forefront of shipping Machinery Having Individual Functions to the United States.

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$-6.03M(-0.92%)
IMPORT GROWTH (December 2022 - December 2023)$295M(30.1%)
MAIN EXPORTER (December 2023)
MAIN DESTINATION (December 2023)Mexico$165M

This section shows Machinery Having Individual Functions'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 Machinery Having Individual Functions over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$33.1B
IMPORTS (2022)$26B
NET TRADE (2022)$7.02B

In 2022, United States exported $33.1B in Machinery Having Individual Functions. The main destinations of United States exports on Machinery Having Individual Functions were South Korea ($5.83B), China ($5.7B), Chinese Taipei ($4.55B), Singapore ($2.87B), and Japan ($2.45B).

In 2022, United States imported $26B in Machinery Having Individual Functions, mainly from Japan ($5.82B), Germany ($3.17B), China ($2.25B), Netherlands ($1.9B), and Singapore ($1.88B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR United States WERE (2021 - 2022):
South Korea$3.91B (203%)
China$3.87B (212%)
Chinese Taipei$3.21B (239%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY United States WERE (2021 - 2022):
Russia-$30M (-83.1%)
Norway-$13.7M (-16.6%)
Denmark-$10.1M (-24.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Machinery Having Individual Functions were:
Japan $38.5B
Germany $20.9B
In 2022, United States's main importing competitors in Machinery Having Individual Functions were:

Explore Visualizations

Trade Value of Machinery Having Individual Functions by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with