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2022
Exports $99MWorld Rnk 6 / 134
Flag Rnk 743 / 1217
2022
Destination $4.89M Mexico
2021 - 2022
FASTEST GROWING MARKET $4.89MGermany
2022
PRODUCT COMPLEXITY IN Other Non-Metal Removal Machinery0.93Rnk 200 / 1025
2022
Imports $378MWorld Rnk 1 / 200
Flag Rnk 622 / 1216
2022
Origin $137MN/A
2021 - 2022
FASTEST GROWING ORIGIN $137MGermany
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $99M in Other Non-Metal Removal Machinery, making it the 6th largest exporter of Other Non-Metal Removal Machinery in the world. At the same year, Other Non-Metal Removal Machinery was the 743rd most exported product in United States. The main destination of Other Non-Metal Removal Machinery exports from United States are: Mexico ($21.8M), Canada ($12.8M), Germany ($8.79M), China ($5.22M), and Japan ($4.68M).

The fastest growing export markets for Other Non-Metal Removal Machinery of United States between 2021 and 2022 were Germany ($4.89M), China ($3.91M), and Netherlands ($2.39M).

Imports In 2022, United States imported $378M in Other Non-Metal Removal Machinery, becoming the 1st largest importer of Other Non-Metal Removal Machinery in the world. At the same year, Other Non-Metal Removal Machinery was the 622nd most imported product in United States. United States imports Other Non-Metal Removal Machinery primarily from: N/A.

The fastest growing import markets in Other Non-Metal Removal Machinery for United States between 2021 and 2022 were Germany ($137M), United Kingdom ($8.52M), and New Zealand ($6.76M).

COMPANIES In 2023, leading companies such as Kubota (1.94k), LG Electronics (127), and Spencer Gifts (4) were at the forefront of shipping Other Non-Metal Removal Machinery to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Other Non-Metal Removal Machinery exports accounted up to $6.15M and imports accounted up to $28.9M, resulting in a negative trade balance of $22.8M. Between June 2023 and June 2024 the exports of United States'   Other Non-Metal Removal Machinery have decreased by $-1.71M (-21.7%) from $7.85M to $6.15M, while imports increased by $12.4M (75.3%) from $16.5M to $28.9M.

Destinations In June 2024, Other Non-Metal Removal Machinery were exported mostly to Canada ($2.35M), Mexico ($562k), Switzerland ($493k), Jamaica ($320k), and Honduras ($286k), and were imported mostly from Germany ($15.5M), Italy ($6.06M), New Zealand ($1.93M), Japan ($956k), and Canada ($832k).

Growth In June 2024, the decrease in Other Non-Metal Removal Machinery's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-1.18M or -29.2%), Argentina ($-545k or -97.1%), and Honduras ($-201k or -57.4%). In June 2024, the increase in Other Non-Metal Removal Machinery's year-by-year imports was explained primarily by an increase in imports from Germany ($8.27M or 334%), Italy ($3.1M or 411%), and Denmark ($1.09M or 232%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-1.71M(-21.7%)
IMPORT GROWTH (June 2023 - June 2024)$12.4M(75.3%)
MAIN EXPORTER (June 2024)Ohio$2.67M
MAIN DESTINATION (June 2024)Canada$2.35M

This section shows Other Non-Metal Removal Machinery'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 Other Non-Metal Removal Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$99M
IMPORTS (2022)$378M
NET TRADE (2022)-$279M

In 2022, United States exported $99M in Other Non-Metal Removal Machinery. The main destinations of United States exports on Other Non-Metal Removal Machinery were Mexico ($21.8M), Canada ($12.8M), Germany ($8.79M), China ($5.22M), and Japan ($4.68M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Non-Metal Removal Machinery EXPORT MARKETS FOR United States WERE (2021 - 2022):
Germany$4.89M (125%)
China$3.91M (298%)
Netherlands$2.39M (519%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Non-Metal Removal Machinery BY United States WERE (2021 - 2022):
Ukraine-$5.26M (-100%)
Canada-$3.13M (-19.6%)
Barbados-$713k (-95.9%)
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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 Other Non-Metal Removal Machinery were:
Germany $627M
China $489M
Italy $245M
In 2022, United States's main importing competitors in Other Non-Metal Removal Machinery were:
China $207M
India $126M

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Trade Value of Other Non-Metal Removal Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.38M
TOP IMPORT POTENTIALChina+ $8.74M

Other Non-Metal Removal Machinery’s highest export potential is China. With an export gap of $2.38M.   Other Non-Metal Removal Machinery’s highest import potential is China with an import gap of $8.74M.

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