Sign In
Pricing

2022
Exports $102BWorld Rnk 1 / 226
Flag Rnk 6 / 21
2022
Destination $1.17B China
2021 - 2022
FASTEST GROWING MARKET $1.17BMexico
2022
PRODUCT COMPLEXITY IN Instruments2.12Rnk 3 / 1025
2022
Imports $123BWorld Rnk 1 / 226
Flag Rnk 9 / 21
2022
Origin $2.11B Mexico
2021 - 2022
FASTEST GROWING ORIGIN $2.11BMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $102B in Instruments, making it the 1st largest exporter of Instruments in the world. At the same year, Instruments was the 6th most exported product in United States. The main destination of Instruments exports from United States are: China ($10.8B), Netherlands ($10.1B), Mexico ($8.32B), Canada ($8.3B), and Germany ($7.98B).

The fastest growing export markets for Instruments of United States between 2021 and 2022 were Mexico ($1.17B), Netherlands ($1.11B), and United Kingdom ($900M).

Imports In 2022, United States imported $123B in Instruments, becoming the 1st largest importer of Instruments in the world. At the same year, Instruments was the 9th most imported product in United States. United States imports Instruments primarily from: Mexico ($20.3B), China ($14.9B), Germany ($12.3B), Japan ($8.42B), and Switzerland ($8.38B).

The fastest growing import markets in Instruments for United States between 2021 and 2022 were Mexico ($2.11B), Switzerland ($734M), and Canada ($556M).

COMPANIES In 2023, leading companies such as CrimsonLogic (3.85k), LG Electronics (2.52k), and Fuyao Glass (1.31k) were at the forefront of shipping Instruments to the United States.

Latest Trends

July 2024

About

Overview In July 2024 United States' Instruments exports accounted up to $8.76B and imports accounted up to $11.4B, resulting in a negative trade balance of $2.65B. Between July 2023 and July 2024 the exports of United States'   Instruments have increased by $271M (3.19%) from $8.49B to $8.76B, while imports increased by $920M (8.76%) from $10.5B to $11.4B.

Destinations In July 2024, Instruments were exported mostly to Mexico ($984M), China ($936M), Netherlands ($929M), Canada ($914M), and Germany ($567M), and were imported mostly from Mexico ($1.93B), China ($1.17B), Germany ($1.16B), Switzerland ($946M), and Ireland ($767M).

Growth In July 2024, the increase in Instruments's year-by-year exports was explained primarily by an increase in exports to Mexico ($156M or 23.4%), Netherlands ($130M or 17.6%), and Canada ($103M or 14.2%). In July 2024, the increase in Instruments's year-by-year imports was explained primarily by an increase in imports from Mexico ($237M or 17.6%), Costa Rica ($125M or 57.3%), and Ireland ($104M or 19.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$271M(3.19%)
IMPORT GROWTH (July 2023 - July 2024)$920M(8.76%)
MAIN EXPORTER (July 2024)California$1.92B
MAIN DESTINATION (July 2024)Mexico$984M

This section shows 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 Instruments over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$102B
IMPORTS (2022)$123B
NET TRADE (2022)-$20.6B

In 2022, United States exported $102B in Instruments. The main destinations of United States exports on Instruments were China ($10.8B), Netherlands ($10.1B), Mexico ($8.32B), Canada ($8.3B), and Germany ($7.98B).

In 2022, United States imported $123B in Instruments, mainly from Mexico ($20.3B), China ($14.9B), Germany ($12.3B), Japan ($8.42B), and Switzerland ($8.38B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Instruments EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$1.17B (16.3%)
Netherlands$1.11B (12.5%)
United Kingdom$900M (34.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Instruments BY United States WERE (2021 - 2022):
China-$5.19B (-32.4%)
South Korea-$4.43B (-51.3%)
Chinese Taipei-$1.95B (-34.7%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Instruments were:
China $91.6B
Germany $79.1B
In 2022, United States's main importing competitors in Instruments were:
China $74.1B
Germany $49.9B

Explore Visualizations

Trade Value of Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $1.39B
TOP IMPORT POTENTIALCanada+ $1.93B

Instruments’s highest export potential is Canada. With an export gap of $1.39B.   Instruments’s highest import potential is Canada with an import gap of $1.93B.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms