Centrifuges in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $12.8B in Centrifuges, making it the 2nd largest exporter of Centrifuges in the world. At the same year, Centrifuges was the 23rd most exported product in United States. The main destination of Centrifuges exports from United States are: Canada ($2.45B), Mexico ($2.18B), China ($1.24B), France ($696M), and Germany ($526M).

The fastest growing export markets for Centrifuges of United States between 2021 and 2022 were Mexico ($478M), Canada ($127M), and China ($109M).

Imports In 2022, United States imported $13.6B in Centrifuges, becoming the 1st largest importer of Centrifuges in the world. At the same year, Centrifuges was the 42nd most imported product in United States. United States imports Centrifuges primarily from: Mexico ($3.34B), China ($1.99B), Germany ($1.91B), Canada ($1.41B), and Japan ($639M).

The fastest growing import markets in Centrifuges for United States between 2021 and 2022 were Mexico ($486M), Israel ($157M), and Canada ($109M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (6.44k), ROBERT BOSCH TOOL CORPORATION (4.76k), and AMAZON SERVICES LLC (2.78k) were at the forefront of shipping Centrifuges to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Centrifuges exports accounted up to $957M and imports accounted up to $1.16B, resulting in a negative trade balance of $206M. Between January 2023 and January 2024 the exports of United States' Centrifuges have decreased by $-42.8M (-4.28%) from $1B to $957M, while imports increased by $54.3M (4.9%) from $1.11B to $1.16B.

Destinations In January 2024, Centrifuges were exported mostly to Canada ($232M), Mexico ($179M), China ($78.2M), Germany ($37.5M), and France ($35.7M), and were imported mostly from Mexico ($368M), China ($144M), Canada ($98.2M), Germany ($95.5M), and South Korea ($67.5M).

Growth In January 2024, the decrease in Centrifuges's year-by-year exports was explained primarily by a decrease in exports to France ($-15M or -25.1%), Belgium ($-10.3M or -33.6%), and Netherlands ($-4.17M or -20.7%). In January 2024, the increase in Centrifuges's year-by-year imports was explained primarily by an increase in imports from Mexico ($82.6M or 37.8%), Israel ($22.7M or 359%), and Germany ($14.4M or 11.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-42.8M(-4.28%)

IMPORT GROWTH (January 2023 - January 2024)$54.3M(4.9%)

MAIN EXPORTER (January 2024)Texas$100M

MAIN DESTINATION (January 2024)Canada$232M

This section shows Centrifuges'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 Centrifuges over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$12.8B

IMPORTS (2022)$13.6B

NET TRADE (2022)-$821M

In 2022, United States exported $12.8B in Centrifuges. The main destinations of United States exports on Centrifuges were Canada ($2.45B), Mexico ($2.18B), China ($1.24B), France ($696M), and Germany ($526M).

In 2022, United States imported $13.6B in Centrifuges, mainly from Mexico ($3.34B), China ($1.99B), Germany ($1.91B), Canada ($1.41B), and Japan ($639M).

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