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2022
Exports $453MWorld Rnk 10 / 193
Flag Rnk 413 / 1217
2022
Destination $16M Canada
2021 - 2022
FASTEST GROWING MARKET $16MAustralia
2022
PRODUCT COMPLEXITY IN Household Washing Machines0.16Rnk 501 / 1025
2022
Imports $1.77BWorld Rnk 1 / 221
Flag Rnk 267 / 1216
2022
Origin $53.3M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $53.3MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $453M in Household Washing Machines, making it the 10th largest exporter of Household Washing Machines in the world. At the same year, Household Washing Machines was the 413th most exported product in United States. The main destination of Household Washing Machines exports from United States are: Canada ($196M), Mexico ($45.6M), Australia ($28.4M), Chinese Taipei ($16.8M), and Guatemala ($11.8M).

The fastest growing export markets for Household Washing Machines of United States between 2021 and 2022 were Australia ($16M), Canada ($14M), and Chinese Taipei ($4.55M).

Imports In 2022, United States imported $1.77B in Household Washing Machines, becoming the 1st largest importer of Household Washing Machines in the world. At the same year, Household Washing Machines was the 267th most imported product in United States. United States imports Household Washing Machines primarily from: South Korea ($451M), China ($388M), Mexico ($347M), Thailand ($245M), and Vietnam ($123M).

The fastest growing import markets in Household Washing Machines for United States between 2021 and 2022 were Mexico ($53.3M), Sweden ($12.7M), and Germany ($5.44M).

COMPANIES In 2023, leading companies such as LG Electronics (1.58k), Samsung (382), and Electrolux (213) were at the forefront of shipping Household Washing Machines to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Household Washing Machines exports accounted up to $37.8M and imports accounted up to $200M, resulting in a negative trade balance of $162M. Between June 2023 and June 2024 the exports of United States'   Household Washing Machines have increased by $3.02M (8.66%) from $34.8M to $37.8M, while imports decreased by $-20.4M (-9.25%) from $220M to $200M.

Destinations In June 2024, Household Washing Machines were exported mostly to Canada ($19.3M), Mexico ($4.21M), Brazil ($1.88M), Australia ($1.62M), and Czechia ($900k), and were imported mostly from South Korea ($43.9M), Mexico ($42.5M), Thailand ($37.1M), China ($33.3M), and Vietnam ($26.4M).

Growth In June 2024, the increase in Household Washing Machines's year-by-year exports was explained primarily by an increase in exports to Australia ($708k or 125%), Philippines ($535k or 2.24k%), and Panama ($370k or 271%). In June 2024, the decrease in Household Washing Machines's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-11.6M or -34.1%), China ($-7.7M or -20.6%), and Spain ($-576k or -24.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$3.02M(8.66%)
IMPORT GROWTH (June 2023 - June 2024)$-20.4M(-9.25%)
MAIN EXPORTER (June 2024)Ohio$15.8M
MAIN DESTINATION (June 2024)Canada$19.3M

This section shows Household Washing Machines'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 Household Washing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$453M
IMPORTS (2022)$1.77B
NET TRADE (2022)-$1.32B

In 2022, United States exported $453M in Household Washing Machines. The main destinations of United States exports on Household Washing Machines were Canada ($196M), Mexico ($45.6M), Australia ($28.4M), Chinese Taipei ($16.8M), and Guatemala ($11.8M).

In 2022, United States imported $1.77B in Household Washing Machines, mainly from South Korea ($451M), China ($388M), Mexico ($347M), Thailand ($245M), and Vietnam ($123M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Household Washing Machines EXPORT MARKETS FOR United States WERE (2021 - 2022):
Australia$16M (130%)
Canada$14M (7.72%)
Chinese Taipei$4.55M (37.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Household Washing Machines BY United States WERE (2021 - 2022):
Cayman Islands-$1.97M (-55.1%)
Qatar-$1.48M (-94.9%)
United Arab Emirates-$1.21M (-57.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Household Washing Machines were:
China $5.41B
Poland $1.63B
Thailand $1.19B
In 2022, United States's main importing competitors in Household Washing Machines were:
Japan $1.17B
Germany $945M

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Trade Value of Household Washing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $7.94M
TOP IMPORT POTENTIALChina+ $124M

Household Washing Machines’s highest export potential is Mexico. With an export gap of $7.94M.   Household Washing Machines’s highest import potential is China with an import gap of $124M.

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