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2022
Exports $74.2MWorld Rnk 5 / 132
Flag Rnk 797 / 1217
2022
Destination $5.96M Canada
2021 - 2022
FASTEST GROWING MARKET $5.96MBrazil
2022
PRODUCT COMPLEXITY IN Boiler Plants0.99Rnk 174 / 1025
2022
Imports $109MWorld Rnk 2 / 196
Flag Rnk 866 / 1216
2022
Origin $18.1MN/A
2021 - 2022
FASTEST GROWING ORIGIN $18.1MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $74.2M in Boiler Plants, making it the 5th largest exporter of Boiler Plants in the world. At the same year, Boiler Plants was the 797th most exported product in United States. The main destination of Boiler Plants exports from United States are: Canada ($17.3M), Brazil ($7.89M), Mexico ($7.28M), Thailand ($3.95M), and Nigeria ($3.17M).

The fastest growing export markets for Boiler Plants of United States between 2021 and 2022 were Brazil ($5.96M), Thailand ($3.26M), and Nigeria ($3.05M).

Imports In 2022, United States imported $109M in Boiler Plants, becoming the 2nd largest importer of Boiler Plants in the world. At the same year, Boiler Plants was the 866th most imported product in United States. United States imports Boiler Plants primarily from: N/A.

The fastest growing import markets in Boiler Plants for United States between 2021 and 2022 were China ($18.1M), Canada ($10.3M), and Mexico ($4.24M).

COMPANIES In 2023, leading companies such as Mahle Behr (23), PACCAR Engine (21), and Walgreens (15) were at the forefront of shipping Boiler Plants to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Boiler Plants exports accounted up to $9.89M and imports accounted up to $18.6M, resulting in a negative trade balance of $8.71M. Between June 2023 and June 2024 the exports of United States'   Boiler Plants have increased by $6.38M (182%) from $3.51M to $9.89M, while imports increased by $13.5M (265%) from $5.1M to $18.6M.

Destinations In June 2024, Boiler Plants were exported mostly to Canada ($7.03M), Indonesia ($565k), Trinidad and Tobago ($551k), Mexico ($424k), and Chile ($190k), and were imported mostly from South Korea ($6.33M), China ($5.54M), Italy ($2.89M), Canada ($2.52M), and Germany ($771k).

Growth In June 2024, the increase in Boiler Plants's year-by-year exports was explained primarily by an increase in exports to Brazil ($1.49M or 979%), New Zealand ($989k or 12.2k%), and Canada ($370k or 28.8%). In June 2024, the increase in Boiler Plants's year-by-year imports was explained primarily by an increase in imports from South Korea ($5.74M or 1.56k%), Mexico ($652k or 4.32k%), and Germany ($291k or 273%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$6.38M(182%)
IMPORT GROWTH (June 2023 - June 2024)$13.5M(265%)
MAIN EXPORTER (June 2024)Texas$4.76M
MAIN DESTINATION (June 2024)Canada$7.03M

This section shows Boiler Plants'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 Boiler Plants over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$74.2M
IMPORTS (2022)$109M
NET TRADE (2022)-$35M

In 2022, United States exported $74.2M in Boiler Plants. The main destinations of United States exports on Boiler Plants were Canada ($17.3M), Brazil ($7.89M), Mexico ($7.28M), Thailand ($3.95M), and Nigeria ($3.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Boiler Plants EXPORT MARKETS FOR United States WERE (2021 - 2022):
Brazil$5.96M (308%)
Thailand$3.26M (470%)
Nigeria$3.05M (2.47k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Boiler Plants BY United States WERE (2021 - 2022):
Canada-$11.2M (-39.4%)
Ecuador-$3.98M (-86%)
Morocco-$2.4M (-96.4%)
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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 Boiler Plants were:
China $463M
South Korea $110M
Japan $102M
In 2022, United States's main importing competitors in Boiler Plants were:
Indonesia $243M
Japan $73.5M

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Trade Value of Boiler Plants by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $1.5M
TOP IMPORT POTENTIALChina+ $7.55M

Boiler Plants’s highest export potential is Indonesia. With an export gap of $1.5M.   Boiler Plants’s highest import potential is China with an import gap of $7.55M.

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