2022
Exports
$181BWorld Rnk 4 / 226
Flag Rnk 3 / 96
2022
PRODUCT COMPLEXITY IN Electrical machinery and electronics
1.96Rnk 7 / 1025
2022
Imports
$449BWorld Rnk 1 / 226
Flag Rnk 2 / 96
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $181B in Electrical machinery and electronics, making it the 4th largest exporter of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 3rd most exported product in United States. The main destination of Electrical machinery and electronics exports from United States are: Mexico ($43.7B), Canada ($22.4B), China ($16B), Hong Kong ($9.83B), and Chinese Taipei ($7.5B).

The fastest growing export markets for Electrical machinery and electronics of United States between 2021 and 2022 were Mexico ($6.39B), Canada ($3.74B), and Chinese Taipei ($1.03B).

Imports In 2022, United States imported $449B in Electrical machinery and electronics, becoming the 1st largest importer of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 2nd most imported product in United States. United States imports Electrical machinery and electronics primarily from: China ($139B), Mexico ($81.8B), Vietnam ($41.9B), Chinese Taipei ($24.8B), and Malaysia ($23.6B).

The fastest growing import markets in Electrical machinery and electronics for United States between 2021 and 2022 were China ($11.5B), Vietnam ($8.25B), and Mexico ($7.62B).

COMPANIES In 2023, leading companies such as Samsung (8.94k), CrimsonLogic (8.75k), and LG Electronics (6.07k) were at the forefront of shipping Electrical machinery and electronics to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$2.32B(13.3%)
IMPORT GROWTH (August 2023 - August 2024)$3.26B(8.68%)
MAIN EXPORTER (August 2024)Texas$4.36B
MAIN DESTINATION (August 2024)Mexico$5B

This section shows Electrical machinery and electronics'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 machinery and electronics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$181B
IMPORTS (2022)$449B
NET TRADE (2022)-$268B

In 2022, United States exported $181B in Electrical machinery and electronics. The main destinations of United States exports on Electrical machinery and electronics were Mexico ($43.7B), Canada ($22.4B), China ($16B), Hong Kong ($9.83B), and Chinese Taipei ($7.5B).

In 2022, United States imported $449B in Electrical machinery and electronics, mainly from China ($139B), Mexico ($81.8B), Vietnam ($41.9B), Chinese Taipei ($24.8B), and Malaysia ($23.6B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical machinery and electronics EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$6.39B (17.1%)
Canada$3.74B (20%)
Chinese Taipei$1.03B (16%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical machinery and electronics BY United States WERE (2021 - 2022):
China-$3.07B (-16.1%)
Hong Kong-$1.71B (-14.8%)
Russia-$443M (-81.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Electrical machinery and electronics were:
In 2022, United States's main importing competitors in Electrical machinery and electronics were:

Explore Visualizations

Trade Value of Electrical machinery and electronics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.2B
TOP IMPORT POTENTIALChina+ $10.3B

Electrical machinery and electronics’s highest export potential is China. With an export gap of $4.2B.   Electrical machinery and electronics’s highest import potential is China with an import gap of $10.3B.

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