Computers in United States 2020 Exports | Imports : $16.6B | $92.4B, World Rnk 3 / 223 Rnk 15 / 1217 | World Rnk 1 / 226 Rnk 2 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $551M | $7.3B, Canada | China
2020 ECONOMIC COMPLEXITY of United States: 1.56, Rnk 9 / 127
2020 PRODUCT COMPLEXITY IN Computers: 1.04, Rnk 159 / 1029
Exports In 2020, United States exported $16.6B in Computers, making it the 3rd largest exporter of Computers in the world. At the same year, Computers was the 15th most exported product in United States. The main destination of Computers exports from United States are: Canada ($4.21B), Mexico ($1.35B), China ($937M), Netherlands ($849M), and United Arab Emirates ($840M).
The fastest growing export markets for Computers of United States between 2019 and 2020 were Canada ($551M), United Arab Emirates ($328M), and Saudi Arabia ($89.8M).
Imports In 2020, United States imported $92.4B in Computers, becoming the 1st largest importer of Computers in the world. At the same year, Computers was the 2nd most imported product in United States. United States imports Computers primarily from: China ($48.9B), Mexico ($28.5B), Chinese Taipei ($7.36B), Vietnam ($1.84B), and Canada ($850M).
The fastest growing import markets in Computers for United States between 2019 and 2020 were China ($7.3B), Chinese Taipei ($1.9B), and Vietnam ($714M).
October 2022
Overview In October 2022 United States' Computers exports accounted up to $2.88B and imports accounted up to $11.6B, resulting in a negative trade balance of $8.75B. Between October 2021 and October 2022 the exports of United States' Computers have increased by $374M (14.9%) from $2.51B to $2.88B, while imports increased by $414M (3.69%) from $11.2B to $11.6B.
Destinations In October 2022, Computers were exported mostly to Canada ($576M), Mexico ($561M), Netherlands ($191M), United Arab Emirates ($147M), and China ($106M), and were imported mostly from China ($5.08B), Mexico ($3.54B), Taiwan ($1.31B), Thailand ($754M), and Vietnam ($377M).
Growth In October 2022, the increase in Computers's year-by-year exports was explained primarily by an increase in exports to China ($45.4M or 68.2%), Singapore ($30.8M or 53.6%), and United Arab Emirates ($30M or 52.5%). In October 2022, the increase in Computers's year-by-year imports was explained primarily by an increase in imports from China ($2.18B or 85.7%), Vietnam ($159M or 181%), and Taiwan ($127M or 18.6%).
EXPORT GROWTH (October 2021 - October 2022): $374M, (14.9%)
IMPORT GROWTH (October 2021 - October 2022): $414M, (3.69%)
MAIN EXPORTER (October 2022): Texas, $711M
MAIN DESTINATION (October 2022): Canada, $576M
This section shows Computers'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 Computers over time.
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EXPORTS (2020): $16.6B
IMPORTS (2020): $92.4B
NET TRADE (2020): -$75.8B
In 2020, United States exported $16.6B in Computers. The main destinations of United States exports on Computers were Canada ($4.21B), Mexico ($1.35B), China ($937M), Netherlands ($849M), and United Arab Emirates ($840M).
In 2020, United States imported $92.4B in Computers, mainly from China ($48.9B), Mexico ($28.5B), Chinese Taipei ($7.36B), Vietnam ($1.84B), and Canada ($850M).
THE FASTEST GROWING Computers EXPORT MARKETS FOR United States WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Computers BY United States WERE (2019 - 2020):
In 2020, United States's main exporting competitors in Computers were:
In 2020, United States's main importing competitors in Computers were:
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