HS Icon Electrical Control Boards in  Flag United States

2021
Exports | Imports
: $5.21B | $13.8B, World Rnk 4 / 213
Flag Rnk 59 / 1216 | World Rnk 1 / 224
Flag Rnk 32 / 1215

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $157M | $782M, Mexico |  Germany

2021
ECONOMIC COMPLEXITY of United States
: 1.46, Rnk 10 / 131

2021
PRODUCT COMPLEXITY IN Electrical Control Boards
: 0.56, Rnk 342 / 1029

Exports In 2021, United States exported $5.21B in Electrical Control Boards, making it the 4th largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 59th most exported product in United States. The main destination of Electrical Control Boards exports from United States are: Mexico ($1.02B), Canada ($970M), China ($506M), Germany ($410M), and United Kingdom ($202M).

The fastest growing export markets for Electrical Control Boards of United States between 2020 and 2021 were Mexico ($157M), Canada ($92.3M), and China ($39.6M).

Imports In 2021, United States imported $13.8B in Electrical Control Boards, becoming the 1st largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 32nd most imported product in United States. United States imports Electrical Control Boards primarily from: Mexico ($5.01B), China ($1.57B), Germany ($1.43B), Canada ($1.04B), and Japan ($636M).

The fastest growing import markets in Electrical Control Boards for United States between 2020 and 2021 were Germany ($782M), Mexico ($569M), and Canada ($276M).

Tariffs In 2018, the average tariff for United States in Electrical Control Boards was 1.67%. The countries with the highest import tariffs for Electrical Control Boards were Equatorial Guinea (Most Favoured Nation duty rate treatment, 2.42%), Libya (Most Favoured Nation duty rate treatment, 2.42%), Mayotte (Most Favoured Nation duty rate treatment, 2.42%), Reunion (Most Favoured Nation duty rate treatment, 2.42%), and Sudan (Most Favoured Nation duty rate treatment, 2.42%).

March 2023

Subnational Monthly Trade

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EXPORT GROWTH (March 2022 - March 2023): $141M, (26.3%)

IMPORT GROWTH (March 2022 - March 2023): $186M, (13.4%)

MAIN EXPORTER (March 2023): Texas, $116M

MAIN DESTINATION (March 2023): Canada, $148M

This section shows Electrical Control Boards'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 Electrical Control Boards over time.

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Historical Data

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EXPORTS (2021): $5.21B

IMPORTS (2021): $13.8B

NET TRADE (2021): -$8.63B

In 2021, United States exported $5.21B in Electrical Control Boards. The main destinations of United States exports on Electrical Control Boards were Mexico ($1.02B), Canada ($970M), China ($506M), Germany ($410M), and United Kingdom ($202M).

In 2021, United States imported $13.8B in Electrical Control Boards, mainly from Mexico ($5.01B), China ($1.57B), Germany ($1.43B), Canada ($1.04B), and Japan ($636M).

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Flow

THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR United States WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY United States WERE (2020 - 2021):

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Market Concentration

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In 2021, United States's main exporting competitors in Electrical Control Boards were:

In 2021, United States's main importing competitors in Electrical Control Boards were:

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