Mirrors and Lenses in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $681M in Mirrors and Lenses, making it the 6th largest exporter of Mirrors and Lenses in the world. At the same year, Mirrors and Lenses was the 323rd most exported product in United States. The main destination of Mirrors and Lenses exports from United States are: Germany ($86.2M), Japan ($73.9M), Singapore ($67.9M), China ($66.5M), and Canada ($62.8M).

The fastest growing export markets for Mirrors and Lenses of United States between 2021 and 2022 were Japan ($12.3M), Germany ($9.3M), and United Kingdom ($6.84M).

Imports In 2022, United States imported $1.65B in Mirrors and Lenses, becoming the 2nd largest importer of Mirrors and Lenses in the world. At the same year, Mirrors and Lenses was the 290th most imported product in United States. United States imports Mirrors and Lenses primarily from: Japan ($573M), China ($269M), Germany ($175M), Thailand ($148M), and Chinese Taipei ($62M).

The fastest growing import markets in Mirrors and Lenses for United States between 2021 and 2022 were Thailand ($24.1M), Vietnam ($16.1M), and Canada ($14M).

COMPANIES In 2023, leading companies such as MAGICAL CRUISE COMPANY LIMITED (33), AMAZON SERVICES LLC (23), and CSI IMPORTS (19) were at the forefront of shipping Mirrors and Lenses to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Mirrors and Lenses exports accounted up to $56.5M and imports accounted up to $106M, resulting in a negative trade balance of $49.7M. Between February 2023 and February 2024 the exports of United States' Mirrors and Lenses have decreased by $-3.47M (-5.79%) from $60M to $56.5M, while imports decreased by $-6.22M (-5.53%) from $112M to $106M.

Destinations In February 2024, Mirrors and Lenses were exported mostly to Canada ($6.52M), Germany ($6.49M), Netherlands ($6.28M), Japan ($5.67M), and Singapore ($5.15M), and were imported mostly from Japan ($42.2M), Germany ($14.4M), China ($12.6M), Thailand ($5.91M), and Malaysia ($4.31M).

Growth In February 2024, the decrease in Mirrors and Lenses's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei ($-2.47M or -55%), Israel ($-784k or -32.2%), and Australia ($-364k or -45.4%). In February 2024, the decrease in Mirrors and Lenses's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-3.86M or -33.4%), China ($-3.48M or -20.1%), and Japan ($-3.39M or -7.09%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-3.47M(-5.79%)

IMPORT GROWTH (February 2023 - February 2024)$-6.22M(-5.53%)

MAIN EXPORTER (February 2024)California$16.8M

MAIN DESTINATION (February 2024)Canada$6.52M

This section shows Mirrors and Lenses'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 Mirrors and Lenses over time.

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