2023
Exports
$12.4BWorld Rnk 2 / 224
Flag Rnk 25 / 1217
2023
PRODUCT COMPLEXITY IN Centrifuges
1.22Rnk 101 / 1025
2023
Imports
$14.1BWorld Rnk 1 / 225
Flag Rnk 38 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $12.4B in Centrifuges, making it the 2nd largest exporter of Centrifuges in the world. At the same year, Centrifuges was the 25th most exported product in United States. The main destination of Centrifuges exports from United States are: Canada ($2.36B), Mexico ($2.06B), China ($1.06B), Germany ($551M), and France ($488M).

The fastest growing export markets for Centrifuges of United States between 2022 and 2023 were Canada ($215M), United Arab Emirates ($74.8M), and Saudi Arabia ($67M).

Imports In 2023, United States imported $14.1B in Centrifuges, becoming the 1st largest importer of Centrifuges in the world. At the same year, Centrifuges was the 38th most imported product in United States. United States imports Centrifuges primarily from: Mexico ($4.11B), China ($1.62B), Germany ($1.61B), Canada ($1.31B), and Japan ($644M).

The fastest growing import markets in Centrifuges for United States between 2022 and 2023 were Mexico ($826M), South Korea ($90.2M), and Spain ($50.7M).

COMPANIES In 2023, leading companies such as Parker (264), MISA Imports (202), and ZF Friedrichshafen (160) were at the forefront of shipping Centrifuges to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-75.4M(-7.26%)
IMPORT GROWTH (November 2023 - November 2024)$89.4M(7.98%)
MAIN EXPORTER (November 2024)Texas$126M
MAIN DESTINATION (November 2024)Canada$177M

This section shows Centrifuges'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 Centrifuges over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$12.4B
IMPORTS (2023)$14.1B
NET TRADE (2023)-$1.68B

In 2023, United States exported $12.4B in Centrifuges. The main destinations of United States exports on Centrifuges were Canada ($2.36B), Mexico ($2.06B), China ($1.06B), Germany ($551M), and France ($488M).

In 2023, United States imported $14.1B in Centrifuges, mainly from Mexico ($4.11B), China ($1.62B), Germany ($1.61B), Canada ($1.31B), and Japan ($644M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Centrifuges EXPORT MARKETS FOR United States WERE (2022 - 2023):
Canada$215M (10%)
United Arab Emirates$74.8M (46.1%)
Saudi Arabia$67M (40%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Centrifuges BY United States WERE (2022 - 2023):
France-$192M (-28.2%)
China-$165M (-13.5%)
Ireland-$88.2M (-28.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Centrifuges were:
Germany $14.1B
China $11.8B
In 2023, United States's main importing competitors in Centrifuges were:
Germany $7.79B
China $5.08B

Explore Visualizations

Trade Value of Centrifuges by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $163M
TOP IMPORT POTENTIALChina+ $387M

Centrifuges’s highest export potential is Germany. With an export gap of $163M.   Centrifuges’s highest import potential is China with an import gap of $387M.

See methodology.

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