Light Fixtures in United States 2020 Exports | Imports : $1.27B | $10.4B, World Rnk 5 / 205 Rnk 189 / 1217 | World Rnk 1 / 224 Rnk 42 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $2.26M | $184M, Barbados | Vietnam
Exports In 2020, United States exported $1.27B in Light Fixtures, making it the 5th largest exporter of Light Fixtures in the world. At the same year, Light Fixtures was the 189th most exported product in United States. The main destination of Light Fixtures exports from United States are: Canada ($521M), Mexico ($228M), China ($55.9M), United Kingdom ($39.6M), and Germany ($35.9M).
The fastest growing export markets for Light Fixtures of United States between 2019 and 2020 were Barbados ($2.26M), Vietnam ($2M), and Qatar ($1.95M).
Imports In 2020, United States imported $10.4B in Light Fixtures, becoming the 1st largest importer of Light Fixtures in the world. At the same year, Light Fixtures was the 42nd most imported product in United States. United States imports Light Fixtures primarily from: China ($5.87B), Mexico ($1.93B), Canada ($731M), Cambodia ($505M), and Vietnam ($244M).
The fastest growing import markets in Light Fixtures for United States between 2019 and 2020 were Vietnam ($184M), Cambodia ($182M), and Malaysia ($35.6M).
Tariffs In 2018, the average tariff for United States in Light Fixtures was 4.31%. The countries with the highest import tariffs for Light Fixtures were Equatorial Guinea (Most Favoured Nation duty rate treatement, 5.61%), Libya (Most Favoured Nation duty rate treatement, 5.61%), Mayotte (Most Favoured Nation duty rate treatement, 5.61%), Reunion (Most Favoured Nation duty rate treatement, 5.61%), and Sudan (Most Favoured Nation duty rate treatement, 5.61%).
January 2022
Overview In January 2022 United States' Light Fixtures exports accounted up to $42.7M and imports accounted up to $92.5M, resulting in a negative trade balance of $49.8M. Between January 2021 and January 2022 the exports of United States' Light Fixtures have decreased by $-82.9M (-66%) from $126M to $42.7M, while imports decreased by $-738M (-88.9%) from $831M to $92.5M.
Destinations In January 2022, Light Fixtures were exported mostly to Mexico ($28.2M), Canada ($7.59M), Poland ($705k), Japan ($699k), and China ($632k), and were imported mostly from China ($52.1M), Mexico ($9.93M), India ($6.18M), Taiwan ($5.04M), and Canada ($4.63M).
Growth In January 2022, the decrease in Light Fixtures's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-9.35M or -30.9%), United Kingdom ($-4.42M or -64.3%), and Germany ($-1.55M or -47.9%). In January 2022, the decrease in Light Fixtures's year-by-year imports was explained primarily by a decrease in imports from Canada ($-7.31M or -12.7%), Mexico ($-6.11M or -3.99%), and Germany ($-4.66M or -36.3%).
EXPORT GROWTH (January 2021 - January 2022): $-82.9M, (-66%)
IMPORT GROWTH (January 2021 - January 2022): $-738M, (-88.9%)
MAIN EXPORTER (January 2022): Georgia, $20.7M
MAIN DESTINATION (January 2022): Mexico, $28.2M
This section shows Light Fixtures'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 Light Fixtures over time.
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EXPORTS (2020): $1.27B
IMPORTS (2020): $10.4B
NET TRADE (2020): -$9.13B
In 2020, United States exported $1.27B in Light Fixtures. The main destinations of United States exports on Light Fixtures were Canada ($521M), Mexico ($228M), China ($55.9M), United Kingdom ($39.6M), and Germany ($35.9M).
In 2020, United States imported $10.4B in Light Fixtures, mainly from China ($5.87B), Mexico ($1.93B), Canada ($731M), Cambodia ($505M), and Vietnam ($244M).
IN 2020, United States HAD A POSITIVE NET TRADE IN Light Fixtures WITH:
IN 2020, United States HAD A NEGATIVE NET TRADE IN Light Fixtures WITH:
THE FASTEST GROWING Light Fixtures EXPORT MARKETS FOR United States WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Light Fixtures BY United States WERE (2019 - 2020):
In 2019, United States's main exporting competitors in Light Fixtures were:
In 2019, United States's main importing competitors in Light Fixtures were:
In 2018, the average tariff for United States in Light Fixtures was 4.31%.
The countries with the highest tariffs for Light Fixtures in United States were Equatorial Guinea (Most Favoured Nation duty rate treatement, 5.61%), Libya (Most Favoured Nation duty rate treatement, 5.61%), Mayotte (Most Favoured Nation duty rate treatement, 5.61%), Reunion (Most Favoured Nation duty rate treatement, 5.61%), and Sudan (Most Favoured Nation duty rate treatement, 5.61%).
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