Air Pumps in United States 2021 Exports | Imports : $6.08B | $14.2B, World Rnk 3 / 222 Rnk 45 / 1216 | World Rnk 1 / 225 Rnk 29 / 1215
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $203M | $899M, Mexico | China
2021 ECONOMIC COMPLEXITY of United States: 1.46, Rnk 10 / 131
2021 PRODUCT COMPLEXITY IN Air Pumps: 1.5, Rnk 51 / 1029
Exports In 2021, United States exported $6.08B in Air Pumps, making it the 3rd largest exporter of Air Pumps in the world. At the same year, Air Pumps was the 45th most exported product in United States. The main destination of Air Pumps exports from United States are: Mexico ($1.58B), Canada ($1.13B), United Kingdom ($302M), China ($297M), and Germany ($284M).
The fastest growing export markets for Air Pumps of United States between 2020 and 2021 were Mexico ($203M), Canada ($79.5M), and China ($53.7M).
Imports In 2021, United States imported $14.2B in Air Pumps, becoming the 1st largest importer of Air Pumps in the world. At the same year, Air Pumps was the 29th most imported product in United States. United States imports Air Pumps primarily from: China ($4.53B), Mexico ($2.69B), Japan ($1.1B), Germany ($1.05B), and South Korea ($688M).
The fastest growing import markets in Air Pumps for United States between 2020 and 2021 were China ($899M), Mexico ($411M), and Japan ($256M).
Tariffs In 2019, the average tariff for United States in Air Pumps was 1.13%. The countries with the highest import tariffs for Air Pumps were Burundi (Most Favoured Nation duty rate treatment, 1.56%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 1.56%), Algeria (Most Favoured Nation duty rate treatment, 1.56%), Egypt (Most Favoured Nation duty rate treatment, 1.56%), and Eritrea (Most Favoured Nation duty rate treatment, 1.56%).
March 2023
Overview In March 2023 United States' Air Pumps exports accounted up to $680M and imports accounted up to $1.27B, resulting in a negative trade balance of $594M. Between March 2022 and March 2023 the exports of United States' Air Pumps have increased by $31.2M (4.81%) from $648M to $680M, while imports decreased by $-115M (-8.3%) from $1.39B to $1.27B.
Destinations In March 2023, Air Pumps were exported mostly to Mexico ($192M), Canada ($154M), Germany ($31.1M), United Kingdom ($29.9M), and China ($22M), and were imported mostly from Mexico ($300M), China ($290M), Germany ($97.9M), Japan ($96M), and South Korea ($77.8M).
Growth In March 2023, the increase in Air Pumps's year-by-year exports was explained primarily by an increase in exports to Mexico ($34.7M or 29.6%), United Kingdom ($11.9M or 80.7%), and Australia ($11.2M or 134%). In March 2023, the decrease in Air Pumps's year-by-year imports was explained primarily by a decrease in imports from Germany ($-17.3M or -23.4%), Italy ($-13.3M or -32%), and Belgium ($-2.2M or -15.9%).
EXPORT GROWTH (March 2022 - March 2023): $31.2M, (4.81%)
IMPORT GROWTH (March 2022 - March 2023): $-115M, (-8.3%)
MAIN EXPORTER (March 2023): Texas, $115M
MAIN DESTINATION (March 2023): Mexico, $192M
This section shows Air Pumps'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 Air Pumps over time.
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EXPORTS (2021): $6.08B
IMPORTS (2021): $14.2B
NET TRADE (2021): -$8.1B
In 2021, United States exported $6.08B in Air Pumps. The main destinations of United States exports on Air Pumps were Mexico ($1.58B), Canada ($1.13B), United Kingdom ($302M), China ($297M), and Germany ($284M).
In 2021, United States imported $14.2B in Air Pumps, mainly from China ($4.53B), Mexico ($2.69B), Japan ($1.1B), Germany ($1.05B), and South Korea ($688M).
THE FASTEST GROWING Air Pumps EXPORT MARKETS FOR United States WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Pumps BY United States WERE (2020 - 2021):
In 2021, United States's main exporting competitors in Air Pumps were:
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