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2022
Exports | Imports $7.44B | $10.7BWorld Rnk 3 / 219
Flag Rnk 43 / 1217
World Rnk 1 / 225
Flag Rnk 63 / 1216
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $233M | $157MCanada |  India
2022
ECONOMIC COMPLEXITY of United States1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Transmissions1.43Rnk 57 / 1025

About

Exports In 2022, United States exported $7.44B in Transmissions, making it the 3rd largest exporter of Transmissions in the world. At the same year, Transmissions was the 43rd most exported product in United States. The main destination of Transmissions exports from United States are: Canada ($1.87B), Mexico ($1.48B), China ($535M), Brazil ($372M), and Germany ($338M).

The fastest growing export markets for Transmissions of United States between 2021 and 2022 were Canada ($233M), Mexico ($192M), and Brazil ($70.3M).

Imports In 2022, United States imported $10.7B in Transmissions, becoming the 1st largest importer of Transmissions in the world. At the same year, Transmissions was the 63rd most imported product in United States. United States imports Transmissions primarily from: China ($1.93B), Germany ($1.34B), Japan ($1.22B), Mexico ($976M), and India ($907M).

The fastest growing import markets in Transmissions for United States between 2021 and 2022 were India ($157M), Canada ($152M), and China ($104M).

COMPANIES In 2023, leading companies such as SCHAEFFLER GROUP USA INC. (27.3k), STIHL INCORPORATED (7.71k), and ROBERT BOSCH LLC (7.6k) were at the forefront of shipping Transmissions to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Transmissions exports accounted up to $729M and imports accounted up to $939M, resulting in a negative trade balance of $211M. Between January 2023 and January 2024 the exports of United States'   Transmissions have increased by $88M (13.7%) from $641M to $729M, while imports increased by $54.2M (6.12%) from $885M to $939M.

Destinations In January 2024, Transmissions were exported mostly to Canada ($194M), Mexico ($144M), China ($41.7M), Brazil ($36.2M), and Germany ($35.3M), and were imported mostly from China ($121M), Germany ($116M), Japan ($112M), Mexico ($86.2M), and India ($77.5M).

Growth In January 2024, the increase in Transmissions's year-by-year exports was explained primarily by an increase in exports to Canada ($42.1M or 30.3%), Mexico ($26.1M or 23.7%), and Germany ($10.4M or 56.2%). In January 2024, the increase in Transmissions's year-by-year imports was explained primarily by an increase in imports from Japan ($28.9M or 27.8%), Canada ($22.2M or 49.3%), and India ($14.6M or 22%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$88M(13.7%)
IMPORT GROWTH (January 2023 - January 2024)$54.2M(6.12%)
MAIN EXPORTER (January 2024)Kentucky$90M
MAIN DESTINATION (January 2024)Canada$194M

This section shows Transmissions'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 Transmissions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.44B
IMPORTS (2022)$10.7B
NET TRADE (2022)-$3.28B

In 2022, United States exported $7.44B in Transmissions. The main destinations of United States exports on Transmissions were Canada ($1.87B), Mexico ($1.48B), China ($535M), Brazil ($372M), and Germany ($338M).

In 2022, United States imported $10.7B in Transmissions, mainly from China ($1.93B), Germany ($1.34B), Japan ($1.22B), Mexico ($976M), and India ($907M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Transmissions EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$233M (14.2%)
Mexico$192M (14.9%)
Brazil$70.3M (23.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transmissions BY United States WERE (2021 - 2022):
Russia-$33.3M (-76.2%)
Italy-$13.2M (-13.6%)
Netherlands-$5.74M (-9.39%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Transmissions were:
Germany $12.6B
China $11.7B
In 2022, United States's main importing competitors in Transmissions were:
Germany $6.19B
China $5.42B

Explore Visualizations

Trade Value of Transmissions by Exporters

Keep Exploring

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