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2022
Exports $10.9BWorld Rnk 1 / 214
Flag Rnk 29 / 1217
2022
Destination $77M China
2021 - 2022
FASTEST GROWING MARKET $77MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Chemical Analysis Instruments1.69Rnk 26 / 1025
2022
Imports $7.97BWorld Rnk 2 / 225
Flag Rnk 79 / 1216
2022
Origin $87M Germany
2021 - 2022
FASTEST GROWING ORIGIN $87MUnited Kingdom
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $10.9B in Chemical Analysis Instruments, making it the 1st largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 29th most exported product in United States. The main destination of Chemical Analysis Instruments exports from United States are: China ($1.75B), Germany ($1.11B), Netherlands ($756M), Canada ($701M), and Singapore ($695M).

The fastest growing export markets for Chemical Analysis Instruments of United States between 2021 and 2022 were United Kingdom ($77M), Netherlands ($72.6M), and Singapore ($66.1M).

Imports In 2022, United States imported $7.97B in Chemical Analysis Instruments, becoming the 2nd largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 79th most imported product in United States. United States imports Chemical Analysis Instruments primarily from: Germany ($1.3B), Singapore ($1.02B), Japan ($933M), United Kingdom ($589M), and Mexico ($561M).

The fastest growing import markets in Chemical Analysis Instruments for United States between 2021 and 2022 were United Kingdom ($87M), Singapore ($81.6M), and Malaysia ($61.8M).

COMPANIES In 2023, leading companies such as Robert Bosch (163), Celebrity Cruises (49), and Hilti Power Tools (37) were at the forefront of shipping Chemical Analysis Instruments to the United States.

Latest Trends

April 2024

About

Overview In April 2024 United States' Chemical Analysis Instruments exports accounted up to $827M and imports accounted up to $631M, resulting in a positive trade balance of $196M. Between April 2023 and April 2024 the exports of United States'   Chemical Analysis Instruments have decreased by $-67.3M (-7.52%) from $894M to $827M, while imports decreased by $-18.3M (-2.81%) from $649M to $631M.

Destinations In April 2024, Chemical Analysis Instruments were exported mostly to China ($118M), Netherlands ($79.8M), Germany ($75.8M), Canada ($63.9M), and Singapore ($53.9M), and were imported mostly from Germany ($110M), Japan ($84M), Singapore ($68.2M), Mexico ($44.3M), and China ($37.8M).

Growth In April 2024, the decrease in Chemical Analysis Instruments's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-7.81M or -18.2%), Australia ($-6.79M or -39%), and Sweden ($-4.41M or -20.5%). In April 2024, the decrease in Chemical Analysis Instruments's year-by-year imports was explained primarily by a decrease in imports from France ($-4.72M or -29.7%), Sweden ($-4.45M or -16%), and Australia ($-3.83M or -48.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)$-67.3M(-7.52%)
IMPORT GROWTH (April 2023 - April 2024)$-18.3M(-2.81%)
MAIN EXPORTER (April 2024)California$232M
MAIN DESTINATION (April 2024)China$118M

This section shows Chemical Analysis Instruments'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 Chemical Analysis Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.9B
IMPORTS (2022)$7.97B
NET TRADE (2022)$2.89B

In 2022, United States exported $10.9B in Chemical Analysis Instruments. The main destinations of United States exports on Chemical Analysis Instruments were China ($1.75B), Germany ($1.11B), Netherlands ($756M), Canada ($701M), and Singapore ($695M).

In 2022, United States imported $7.97B in Chemical Analysis Instruments, mainly from Germany ($1.3B), Singapore ($1.02B), Japan ($933M), United Kingdom ($589M), and Mexico ($561M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR United States WERE (2021 - 2022):
United Kingdom$77M (21.3%)
Netherlands$72.6M (10.6%)
Singapore$66.1M (10.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY United States WERE (2021 - 2022):
Australia-$81.3M (-31.2%)
Russia-$49.3M (-72.8%)
Belgium-$22.1M (-9.78%)
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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 Chemical Analysis Instruments were:
Germany $8.97B
Japan $5.27B
In 2022, United States's main importing competitors in Chemical Analysis Instruments were:
China $8.3B
Germany $4.94B

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Trade Value of Chemical Analysis Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $168M
TOP IMPORT POTENTIALChina+ $193M

Chemical Analysis Instruments’s highest export potential is Canada. With an export gap of $168M.   Chemical Analysis Instruments’s highest import potential is China with an import gap of $193M.

See methodology.

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