Chemical Analysis Instruments in United States 2021 Exports | Imports : $10.3B | $7.57B, World Rnk 1 / 217 Rnk 29 / 1216 | World Rnk 2 / 224 Rnk 76 / 1215
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $176M | $118M, Germany | Switzerland
2021 ECONOMIC COMPLEXITY of United States: 1.46, Rnk 10 / 131
2021 PRODUCT COMPLEXITY IN Chemical Analysis Instruments: 1.75, Rnk 20 / 1029
Exports In 2021, United States exported $10.3B 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 ($1.7B), Germany ($1.09B), Netherlands ($684M), Canada ($649M), and Singapore ($629M).
The fastest growing export markets for Chemical Analysis Instruments of United States between 2020 and 2021 were Germany ($176M), Singapore ($125M), and Japan ($98.4M).
Imports In 2021, United States imported $7.57B 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 76th most imported product in United States. United States imports Chemical Analysis Instruments primarily from: Germany ($1.25B), Singapore ($941M), Japan ($915M), Mexico ($599M), and China ($528M).
The fastest growing import markets in Chemical Analysis Instruments for United States between 2020 and 2021 were Switzerland ($118M), Germany ($109M), and Mexico ($83.4M).
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 treatment, 0.27%), Libya (Most Favoured Nation duty rate treatment, 0.27%), Mayotte (Most Favoured Nation duty rate treatment, 0.27%), Reunion (Most Favoured Nation duty rate treatment, 0.27%), and Sudan (Most Favoured Nation duty rate treatment, 0.27%).
March 2023
Overview In March 2023 United States' Chemical Analysis Instruments exports accounted up to $1.03B and imports accounted up to $734M, resulting in a positive trade balance of $295M. Between March 2022 and March 2023 the exports of United States' Chemical Analysis Instruments have increased by $12.5M (1.23%) from $1.02B to $1.03B, while imports increased by $12.9M (1.79%) from $721M to $734M.
Destinations In March 2023, Chemical Analysis Instruments were exported mostly to China ($163M), Canada ($103M), Germany ($95.7M), Netherlands ($81.9M), and Singapore ($68.5M), and were imported mostly from Germany ($126M), Japan ($88.7M), Singapore ($82.3M), United Kingdom ($58.6M), and Mexico ($48.6M).
Growth In March 2023, the increase in Chemical Analysis Instruments's year-by-year exports was explained primarily by an increase in exports to Netherlands ($15.2M or 38.3%), Mexico ($6.11M or 19.3%), and India ($5.4M or 32.3%). In March 2023, the increase in Chemical Analysis Instruments's year-by-year imports was explained primarily by an increase in imports from Japan ($19.9M or 35.5%), Sweden ($15.6M or 127%), and United Kingdom ($11.8M or 42.1%).
EXPORT GROWTH (March 2022 - March 2023): $12.5M, (1.23%)
IMPORT GROWTH (March 2022 - March 2023): $12.9M, (1.79%)
MAIN EXPORTER (March 2023): California, $246M
MAIN DESTINATION (March 2023): China, $163M
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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EXPORTS (2021): $10.3B
IMPORTS (2021): $7.57B
NET TRADE (2021): $2.78B
In 2021, United States exported $10.3B in Chemical Analysis Instruments. The main destinations of United States exports on Chemical Analysis Instruments were China ($1.7B), Germany ($1.09B), Netherlands ($684M), Canada ($649M), and Singapore ($629M).
In 2021, United States imported $7.57B in Chemical Analysis Instruments, mainly from Germany ($1.25B), Singapore ($941M), Japan ($915M), Mexico ($599M), and China ($528M).
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR United States WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY United States WERE (2020 - 2021):
In 2021, United States's main exporting competitors in Chemical Analysis Instruments were:
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