Cranes in United States | The Observatory of Economic Complexity

About

Exports In 2023, United States exported $446M in Cranes, making it the 8th largest exporter of Cranes in the world. At the same year, Cranes was the 396th most exported product in United States. The main destination of Cranes exports from United States are: Canada ($105M), Mexico ($92.1M), Australia ($18.8M), Netherlands ($18.2M), and Indonesia ($15.3M).

The fastest growing export markets for Cranes of United States between 2022 and 2023 were Mexico ($35.7M), South Korea ($11.2M), and Australia ($11M).

Imports In 2023, United States imported $2.13B in Cranes, becoming the 1st largest importer of Cranes in the world. At the same year, Cranes was the 224th most imported product in United States. United States imports Cranes primarily from: Germany ($565M), Japan ($514M), Austria ($203M), Italy ($142M), and Canada ($115M).

The fastest growing import markets in Cranes for United States between 2022 and 2023 were Japan ($211M), Germany ($191M), and Austria ($94M).

COMPANIES In 2023, leading companies such as American Omni Trading Company (2.29k), Hankook Tires (2.26k), and Linglong Tire (2.11k) were at the forefront of shipping Cranes to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Cranes exports accounted up to $55M and imports accounted up to $140M, resulting in a negative trade balance of $85.4M. Between November 2023 and November 2024 the exports of United States' Cranes have increased by $20M (57.3%) from $35M to $55M, while imports decreased by $-42.8M (-23.4%) from $183M to $140M.

Destinations In November 2024, Cranes were exported mostly to Canada ($16.1M), India ($6.74M), Mexico ($6.2M), United Arab Emirates ($3.87M), and French Guiana ($3.69M), and were imported mostly from Japan ($34.3M), Austria ($24.6M), China ($18M), Germany ($16.5M), and Italy ($13.3M).

Growth In November 2024, the increase in Cranes's year-by-year exports was explained primarily by an increase in exports to Canada ($8.01M or 64.5%), Mexico ($2.03M or 71.8%), and Jamaica ($1.92M or 1.83k%). In November 2024, the decrease in Cranes's year-by-year imports was explained primarily by a decrease in imports from Netherlands ($-1.79M or -70.2%), Norway ($-1.57M or -98.3%), and Canada ($-1.05M or -16.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)$20M(57.3%)

IMPORT GROWTH (November 2023 - November 2024)$-42.8M(-23.4%)

MAIN EXPORTER (November 2024)Texas$16.9M

MAIN DESTINATION (November 2024)Canada$16.1M

This section shows Cranes'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 Cranes over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$446M

IMPORTS (2023)$2.13B

NET TRADE (2023)-$1.68B

In 2023, United States exported $446M in Cranes. The main destinations of United States exports on Cranes were Canada ($105M), Mexico ($92.1M), Australia ($18.8M), Netherlands ($18.2M), and Indonesia ($15.3M).

In 2023, United States imported $2.13B in Cranes, mainly from Germany ($565M), Japan ($514M), Austria ($203M), Italy ($142M), and Canada ($115M).

Explore Visualizations