Large Construction Vehicles in United States 2020 Exports | Imports : $3.71B | $5.75B, World Rnk 3 / 177 Rnk 74 / 1217 | World Rnk 1 / 219 Rnk 81 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $35.9M | $19M, Chile | India
2020 ECONOMIC COMPLEXITY of United States: 1.56, Rnk 9 / 127
2020 PRODUCT COMPLEXITY IN Large Construction Vehicles: 0.78, Rnk 245 / 1029
Exports In 2020, United States exported $3.71B in Large Construction Vehicles, making it the 3rd largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 74th most exported product in United States. The main destination of Large Construction Vehicles exports from United States are: Canada ($1.51B), Australia ($351M), Mexico ($216M), Chile ($149M), and Belgium ($120M).
The fastest growing export markets for Large Construction Vehicles of United States between 2019 and 2020 were Chile ($35.9M), Brazil ($35.8M), and Ghana ($29.6M).
Imports In 2020, United States imported $5.75B in Large Construction Vehicles, becoming the 1st largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 81st most imported product in United States. United States imports Large Construction Vehicles primarily from: Japan ($3.03B), Brazil ($604M), South Korea ($460M), China ($359M), and United Kingdom ($307M).
The fastest growing import markets in Large Construction Vehicles for United States between 2019 and 2020 were India ($19M), South Africa ($2.12M), and Peru ($1.39M).
August 2022
Overview In August 2022 United States' Large Construction Vehicles exports accounted up to $430M and imports accounted up to $835M, resulting in a negative trade balance of $405M. Between August 2021 and August 2022 the exports of United States' Large Construction Vehicles have increased by $124M (40.7%) from $305M to $430M, while imports increased by $210M (33.5%) from $625M to $835M.
Destinations In August 2022, Large Construction Vehicles were exported mostly to Canada ($261M), Mexico ($32.3M), Australia ($29.9M), Peru ($24.6M), and Italy ($8.98M), and were imported mostly from Japan ($480M), Brazil ($62.9M), China ($56.3M), Germany ($49.1M), and United Kingdom ($47.1M).
Growth In August 2022, the increase in Large Construction Vehicles's year-by-year exports was explained primarily by an increase in exports to Peru ($24.7M or 1.08k%), Egypt ($20M or 1.28k%), and Chile ($6.65M or 337%). In August 2022, the increase in Large Construction Vehicles's year-by-year imports was explained primarily by an increase in imports from United Kingdom ($10.2M or 46.6%), South Korea ($6.52M or 21.2%), and Czechia ($5.69M or 326%).
EXPORT GROWTH (August 2021 - August 2022): $124M, (40.7%)
IMPORT GROWTH (August 2021 - August 2022): $210M, (33.5%)
MAIN EXPORTER (August 2022): Illinois, $51.3M
MAIN DESTINATION (August 2022): Canada, $261M
This section shows Large Construction Vehicles'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 Large Construction Vehicles over time.
For full datasets download visit Bulk Download page.
EXPORTS (2020): $3.71B
IMPORTS (2020): $5.75B
NET TRADE (2020): -$2.04B
In 2020, United States exported $3.71B in Large Construction Vehicles. The main destinations of United States exports on Large Construction Vehicles were Canada ($1.51B), Australia ($351M), Mexico ($216M), Chile ($149M), and Belgium ($120M).
In 2020, United States imported $5.75B in Large Construction Vehicles, mainly from Japan ($3.03B), Brazil ($604M), South Korea ($460M), China ($359M), and United Kingdom ($307M).
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR United States WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY United States WERE (2019 - 2020):
In 2020, United States's main exporting competitors in Large Construction Vehicles were:
In 2020, United States's main importing competitors in Large Construction Vehicles were:
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v5.1.12 ibex