Cranes or derricks nes in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $20.9M in Cranes or derricks nes, making it the 10th largest exporter of Cranes or derricks nes in the world. At the same year, Cranes or derricks nes was the 2692nd most exported product in United States. The main destination of Cranes or derricks nes exports from United States are: Mexico ($4.63M), Canada ($3.76M), United Kingdom ($1.12M), Japan ($1.1M), and Bahamas ($1M).

The fastest growing export markets for Cranes or derricks nes of United States between 2021 and 2022 were Mexico ($1.07M), Japan ($679k), and Russia ($618k).

The fastest growing import markets in Cranes or derricks nes for United States between 2021 and 2022 were Canada ($5.8M), United Kingdom ($1.93M), and Belgium ($1.78M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Cranes or derricks nes to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Cranes or derricks nes exports accounted up to $987k and imports accounted up to $4.96M, resulting in a negative trade balance of $3.97M. Between June 2023 and June 2024 the exports of United States' Cranes or derricks nes have decreased by $-681k (-40.8%) from $1.67M to $987k, while imports decreased by $-1.91M (-27.8%) from $6.87M to $4.96M.

Destinations In June 2024, Cranes or derricks nes were exported mostly to Mexico ($350k), Canada ($346k), Brazil ($101k), Bahamas ($54.6k), and Bulgaria ($41k), and were imported mostly from Italy ($1.31M), Canada ($1.14M), Vietnam ($474k), France ($461k), and Norway ($358k).

Growth In June 2024, the decrease in Cranes or derricks nes's year-by-year exports was explained primarily by a decrease in exports to Bahamas ($-314k or -97.4%), Mexico ($-123k or -41%), and Thailand ($-73.8k or -86.2%). In June 2024, the decrease in Cranes or derricks nes's year-by-year imports was explained primarily by a decrease in imports from Germany ($-529k or -97.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-681k(-40.8%)

IMPORT GROWTH (June 2023 - June 2024)$-1.91M(-27.8%)

MAIN DESTINATION (June 2024)Mexico$350k

This section shows Cranes or derricks nes'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 Cranes or derricks nes over time.

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