HS Icon Chemical Analysis Instruments in  Flag United States

2020
Exports | Imports
: $9.17B | $6.6B, World Rnk 1 / 207
Flag Rnk 27 / 1217 | World Rnk 2 / 224
Flag Rnk 71 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $80.5M | $79.9M, Sweden |  Singapore


ECONOMIC COMPLEXITY of United States
: 1.56, Rnk 9 / 127


PRODUCT COMPLEXITY  IN Chemical Analysis Instruments
: 1.7, Rnk 28 / 1028

Exports In 2020, United States exported $9.17B 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 27th most exported product in United States. The main destination of Chemical Analysis Instruments exports from United States are: China ($1.66B), Germany ($910M), Canada ($575M), South Korea ($535M), and Netherlands ($527M).

The fastest growing export markets for Chemical Analysis Instruments of United States between 2019 and 2020 were Sweden ($80.5M), China ($48M), and South Korea ($35.4M).

Imports In 2020, United States imported $6.6B 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 71st most imported product in United States. United States imports Chemical Analysis Instruments primarily from: Germany ($1.14B), Japan ($923M), Singapore ($881M), Mexico ($517M), and China ($459M).

The fastest growing import markets in Chemical Analysis Instruments for United States between 2019 and 2020 were Singapore ($79.9M), Japan ($44M), and Malaysia ($42.4M).

Tariffs In 2017, the average tariff for United States in Chemical Analysis Instruments was 0.17%. The countries with the highest import tariffs for Chemical Analysis Instruments were Equatorial Guinea (Most Favoured Nation duty rate treatement, 0.27%), Libya (Most Favoured Nation duty rate treatement, 0.27%), Mayotte (Most Favoured Nation duty rate treatement, 0.27%), Reunion (Most Favoured Nation duty rate treatement, 0.27%), and Sudan (Most Favoured Nation duty rate treatement, 0.27%).

January 2022

Subnational Monthly Trade

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Value

EXPORT GROWTH (January 2021 - January 2022): $-168M, (-21.5%)

IMPORT GROWTH (January 2021 - January 2022): $-49.9M, (-10.2%)

MAIN EXPORTER (January 2022): California, $168M

MAIN DESTINATION (January 2022): China, $85.2M

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

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EXPORTS (2020): $9.17B

IMPORTS (2020): $6.6B

NET TRADE (2020): $2.57B

In 2020, United States exported $9.17B in Chemical Analysis Instruments. The main destinations of United States exports on Chemical Analysis Instruments were China ($1.66B), Germany ($910M), Canada ($575M), South Korea ($535M), and Netherlands ($527M).

In 2020, United States imported $6.6B in Chemical Analysis Instruments, mainly from Germany ($1.14B), Japan ($923M), Singapore ($881M), Mexico ($517M), and China ($459M).

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IN 2020, United States HAD A POSITIVE NET TRADE IN Chemical Analysis Instruments WITH:

IN 2020, United States HAD A NEGATIVE NET TRADE IN Chemical Analysis Instruments WITH:

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THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR United States WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY United States WERE (2019 - 2020):

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Market Concentration

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In 2019, United States's main exporting competitors in Chemical Analysis Instruments were:

In 2019, United States's main importing competitors in Chemical Analysis Instruments were:

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Tariffs by Country

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In 2017, the average tariff for United States in Chemical Analysis Instruments was 0.17%.

The countries with the highest tariffs for Chemical Analysis Instruments in United States were Equatorial Guinea (Most Favoured Nation duty rate treatement, 0.27%), Libya (Most Favoured Nation duty rate treatement, 0.27%), Mayotte (Most Favoured Nation duty rate treatement, 0.27%), Reunion (Most Favoured Nation duty rate treatement, 0.27%), and Sudan (Most Favoured Nation duty rate treatement, 0.27%).